SolarWinds Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	796.9	758.74	719.37	718.63	716.77
Revenue Growth (YoY)	5.03%	5.47%	0.10%	0.26%	7.12%
Cost of Revenue	76.24	73.64	67.85	64.89	54.28
Gross Profit	720.66	685.1	651.52	653.74	662.49
Selling, General & Admin	340.47	375.07	365.73	336.45	309.22
Research & Development	108.6	100.17	92.33	101.76	85.75
Operating Expenses	501.98	536.82	538.52	653.5	603.2
Operating Income	218.68	148.29	113	0.24	59.29
Interest Expense	-112.44	-122.94	-89.1	-64.52	-75.89
Interest & Investment Income	8.63	7.09	5.72	-	-
Currency Exchange Gain (Loss)	-0.02	0.01	-1.53	1.48	-0.99
Other Non Operating Income (Expenses)	-0.8	-0.4	-3.55	-1.03	0.52
EBT Excluding Unusual Items	114.06	32.06	24.56	-63.83	-17.07
Merger & Restructuring Charges	-	-	-	-	-3.55
Impairment of Goodwill	-	-	-891.1	-	-
Asset Writedown	-	-	-15.25	-	-
Other Unusual Items	-10.26	-17.71	-56.44	-49.12	-3.49
Pretax Income	103.8	34.14	-908.03	-96.94	-24.1
Income Tax Expense	-8.1	43.25	21.39	-32.47	-140.17
Earnings From Continuing Operations	111.9	-9.11	-929.41	-64.47	116.06
Earnings From Discontinued Operations	-	-	-	13.06	42.41
Net Income	111.9	-9.11	-929.41	-51.41	158.48
Preferred Dividends & Other Adjustments	-	-	-	0.16	0.97
Net Income to Common	111.9	-9.11	-929.41	-51.57	157.51
Net Income Growth	-	-	-	-	750.10%
Shares Outstanding (Basic)	169	165	161	158	155
Shares Outstanding (Diluted)	174	165	161	158	158
Shares Change (YoY)	5.99%	2.36%	1.77%	0.16%	2.87%
EPS (Basic)	0.66	-0.06	-5.78	-0.33	1.01
EPS (Diluted)	0.64	-0.06	-5.78	-0.33	1.00
EPS Growth	-	-	-	-	730.76%
Free Cash Flow	182.69	179.11	147.04	147.88	372.21
Free Cash Flow Per Share	1.05	1.09	0.91	0.94	2.36
Gross Margin	90.43%	90.30%	90.57%	90.97%	92.43%
Operating Margin	27.44%	19.54%	15.71%	0.03%	8.27%
Profit Margin	14.04%	-1.20%	-129.20%	-7.18%	21.98%
Free Cash Flow Margin	22.93%	23.61%	20.44%	20.58%	51.93%
EBITDA	273.46	208.12	175.65	67.11	120.59
EBITDA Margin	34.31%	27.43%	24.42%	9.34%	16.82%
D&A For EBITDA	54.78	59.83	62.65	66.86	61.3
EBIT	218.68	148.29	113	0.24	59.29
EBIT Margin	27.44%	19.54%	15.71%	0.03%	8.27%
Effective Tax Rate	-	126.68%	-	-	-
Revenue as Reported	796.9	758.74	719.37	718.63	716.77
Advertising Expenses	13.47	22.79	35.07	39.32	38.02

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q