SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. The company offers a portfolio of solutions to technology professionals for monitoring, managing, and optimizing networks, systems, desktops, applications, storage, databases, website infrastructures, and IT service desks. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitor and analyze the performance of applications and their supporting infrastructure, including websites, servers, physical, virtual and cloud infrastructure, storage, and databases. The company also provides a suite of application performance management software that enable visibility into log data, cloud infrastructure metrics, applications, tracing, and web performance management; and service management software that offers ITIL-compliant service desk solutions for various companies. It markets and sells its products directly to network and systems engineers, database administrators, storage administrators, DevOps, SecOps, and service desk professionals. The company was formerly known as SolarWinds Parent, Inc. and changed its name to SolarWinds Corporation in May 2018. SolarWinds Corporation was founded in 1999 and is headquartered in Austin, Texas.
Revenue of SolarWinds Corporation (SWI)
Revenue in 2023 (TTM): $758.74 M
According to SolarWinds Corporation's latest financial reports the company's current revenue (TTM) is $758.74 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of SolarWinds Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $758.74 M | $623.53 M | $232.19 M | $34.14 M | $-9,109,000 |
| 2022 | $719.37 M | $623.38 M | $-729,671,999 | $-908,027,000 | $-929,413,000 |
| 2021 | $718.63 M | $491.62 M | $197.72 M | $-96,939,000 | $-64,470,000 |
| 2020 | $1.02 B | $744.63 M | $273.19 M | $30.32 M | $158.48 M |
| 2019 | $932.53 M | $677.07 M | $398.82 M | $27.5 M | $18.64 M |
| 2018 | $833.09 M | $586.35 M | $373.55 M | $-121,710,000 | $-102,066,000 |
| 2017 | $728.02 M | $496.29 M | $320.53 M | $-61,468,000 | $-83,866,000 |
| 2016 | $469.42 M | $204.46 M | $-94,785,000 | $-484,212,000 | $-334,405,000 |
| 2014 | $428.71 M | $384.35 M | $136.61 M | $102.6 M | $78.11 M |
| 2013 | $335.39 M | $307.47 M | $140.9 M | $121.5 M | $89.78 M |
| 2012 | $268.96 M | $250.56 M | $125.16 M | $114.52 M | $81.34 M |