SolarWinds Corporation (SWI)

SolarWinds Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	766.08	758.74	719.37	718.63	716.77	669.1
Revenue Growth (YoY)	5.16%	5.47%	0.10%	0.26%	7.12%	-19.68%
Cost of Revenue	86.01	87.01	95.98	227.02	211.44	198.13
Gross Profit	680.06	671.74	623.38	491.62	505.33	470.97
Selling, General & Admin	367.69	372.98	407.21	367.36	316.2	268.6
Research & Development	104.21	100.17	92.33	101.81	85.75	75.88
Other Operating Expenses	46.72	48.21	943.43	55.31	51.13	46.62
Operating Expenses	518.63	521.36	1,443	524.49	453.07	391.11
Operating Income	161.44	150.37	-819.58	-32.87	52.25	79.86
Interest Expense / Income	114.1	115.85	83.37	64.52	75.89	108.08
Other Expense / Income	0.25	0.39	5.07	-13.52	-41.94	-43.71
Pretax Income	47.1	34.14	-908.03	-83.88	18.31	15.5
Income Tax	35.03	43.25	21.39	-32.47	-140.17	-3.15
Net Income	12.07	-9.11	-929.41	-51.41	158.48	18.64
Net Income Growth	-	-	-	-	750.10%	-94.89%
Shares Outstanding (Basic)	167	165	161	158	155	153
Shares Outstanding (Diluted)	171	165	161	158	158	153
Shares Change	5.16%	2.36%	1.77%	0.16%	2.87%	115.21%
EPS (Basic)	0.06	-0.06	-5.78	-0.33	1.01	0.12
EPS (Diluted)	0.06	-0.06	-5.78	-0.33	1.00	0.12
EPS Growth	-	-	-	-	733.33%	-97.66%
Free Cash Flow	196.53	165.44	134.01	143.47	372.21	288.51
Free Cash Flow Per Share	1.17	1.00	0.83	0.91	2.40	1.88
Dividend Per Share	-	-	-	1.500	-	-
Gross Margin	88.77%	88.53%	86.66%	68.41%	70.50%	70.39%
Operating Margin	21.07%	19.82%	-113.93%	-4.57%	7.29%	11.94%
Profit Margin	1.58%	-1.20%	-129.20%	-7.15%	22.11%	2.79%
Free Cash Flow Margin	25.65%	21.80%	18.63%	19.96%	51.93%	43.12%
Effective Tax Rate	74.37%	126.68%	-	-	-765.56%	-20.29%
EBITDA	240.65	232.19	-729.67	210.78	315.6	332.68
EBITDA Margin	31.41%	30.60%	-101.43%	29.33%	44.03%	49.72%
Depreciation & Amortization	79.46	82.2	94.98	230.14	221.41	209.11
EBIT	161.19	149.99	-824.65	-19.36	94.2	123.58
EBIT Margin	21.04%	19.77%	-114.64%	-2.69%	13.14%	18.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).