SolarWinds (SWI) | Financial Analysis & Statements

SolarWinds Corporation | Mid-cap | Technology

$18.49

0.00%

SolarWinds vs Microsoft SolarWinds vs Oracle SolarWinds vs Klaviyo SolarWinds vs GitLab SolarWinds vs Shift4 Payments SolarWinds vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 796.9M

Gross Profit 713.6M 89.55%

Operating Income 208.4M 26.15%

Net Income 111.9M 14.04%

EPS (Diluted) $0.64

Balance Sheet Metrics

Total Assets 3.2B

Total Liabilities 1.8B

Shareholders Equity 1.4B

Debt to Equity 1.26

Cash Flow Metrics

Operating Cash Flow 220.8M

Free Cash Flow 167.8M

Revenue & Profitability Trend

SolarWinds Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	796.9M	758.7M	719.4M	718.6M	716.8M
Cost of Goods Sold	83.3M	87.0M	96.0M	227.0M	211.4M
Gross Profit	713.6M	671.7M	623.4M	491.6M	505.3M
Operating Expenses	459.3M	473.2M	499.5M	469.2M	401.9M
Operating Income	208.4M	150.4M	71.5M	-32.9M	52.3M
Pre-tax Income	103.8M	34.1M	-908.0M	-96.9M	-24.1M
Income Tax	-8.1M	43.2M	21.4M	-32.5M	-140.2M
Net Income	111.9M	-9.1M	-929.4M	-51.4M	158.5M
EPS (Diluted)	$0.64	-$0.06	-$5.78	-$0.33	$1.00

Income Statement Trend

SolarWinds Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	403.5M	421.3M	307.4M	858.8M	512.7M
Non-Current Assets	2.8B	2.8B	2.9B	3.9B	5.2B
Total Assets	3.2B	3.3B	3.2B	4.8B	5.7B
Liabilities
Current Liabilities	475.3M	468.8M	456.6M	413.9M	491.2M
Non-Current Liabilities	1.3B	1.3B	1.4B	2.1B	2.2B
Total Liabilities	1.8B	1.8B	1.8B	2.5B	2.7B
Equity
Total Shareholders Equity	1.4B	1.4B	1.4B	2.3B	3.0B

Balance Sheet Composition

SolarWinds Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	111.9M	-9.1M	-929.4M	-64.5M	116.1M
Operating Cash Flow	220.8M	171.1M	-746.1M	177.2M	266.7M
Investing Activities
Capital Expenditures	-5.6M	-4.4M	-7.5M	-9.3M	-16.9M
Investing Cash Flow	-8.2M	18.4M	-41.0M	-8.8M	-158.8M
Financing Activities
Dividends Paid	-168.2M	0	0	-237.2M	0
Financing Cash Flow	-200.3M	-28.2M	-712.4M	-293.7M	-46.5M
Free Cash Flow	167.8M	165.2M	133.8M	143.2M	367.0M

Cash Flow Trend

SolarWinds Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 28.89

Forward P/E 17.28

Price to Book 2.26

Price to Sales 4.02

PEG Ratio 17.28

Profitability Ratios

Profit Margin 14.04%

Operating Margin 26.69%

Return on Equity 7.87%

Return on Assets 4.26%

Financial Health

Current Ratio 0.85

Debt to Equity 89.67

Beta 0.88

Per Share Data

EPS (TTM) $0.64

Book Value per Share $8.16

Revenue per Share $4.71

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
swi	3.2B	28.89	2.26	7.87%	14.04%	89.67
Microsoft	3.6T	36.91	11.04	33.61%	35.79%	32.63
Oracle	581.5B	47.60	28.42	82.38%	21.68%	505.59
Klaviyo	9.8B	-	8.51	-4.73%	-4.70%	9.65
GitLab	6.7B	452.33	8.32	1.38%	1.62%	0.00
Shift4 Payments	8.2B	32.04	8.00	29.87%	6.50%	283.66

Financial data is updated regularly. All figures are in the company's reporting currency.