SolarWinds Corporation announced its Q4 2024 financial results, with total revenue reaching $210.3 million, a 6% increase year-over-year. Net income for the quarter was reported at $72.7 million. The company's adjusted EBITDA stood at $104.1 million, representing 49% of total revenue.
SolarWinds reported a solid quarter with total revenue of $200.0 million, a 6% year-over-year increase. Adjusted EBITDA was $96.0 million, representing a 48% margin. The company remains confident in achieving its 2024 objectives.
SolarWinds reported a 4% year-over-year increase in total revenue, reaching $193.3 million, with recurring revenue comprising 93% of the total. The company's net income was $11.1 million, and adjusted EBITDA reached $92.5 million, a 48% margin of total revenue and a 17% year-over-year growth.
SolarWinds reported a strong start to 2024, exceeding revenue and adjusted EBITDA guidance. Total revenue grew by 4% year-over-year to $193.3 million, with recurring revenue comprising 93% of the total. Adjusted EBITDA reached $92.1 million, representing a 48% margin and a 19% increase year-over-year. Subscription ARR increased by 36% to $251.3 million, and Total ARR grew by 7% to $695.3 million.
SolarWinds' Q4 2023 total revenue reached $198.1 million, a 6% year-over-year increase, with recurring revenue accounting for 92% of the total. The company reported a net loss of $0.6 million and an adjusted EBITDA of $87.0 million, representing 44% of total revenue and a 17% year-over-year growth.
SolarWinds Corporation reported a total revenue of $189.6 million for Q3 2023, representing a 6% year-over-year growth. Adjusted EBITDA grew by 21% year-over-year. The company's subscription-first strategy continues to yield strong results.
SolarWinds announced its Q2 2023 results, showcasing a 5% year-over-year total revenue growth and an 18% year-over-year adjusted EBITDA growth. The company also raised its total revenue and adjusted EBITDA outlook for the full year.
SolarWinds announced its Q1 2023 financial results with total revenue of $186.0 million, a 5% year-over-year increase. The company's adjusted EBITDA was $77.4 million, representing 42% of total revenue and a 12% year-over-year growth. Subscription revenue drove the positive results.
SolarWinds Corporation reported a slight increase in total revenue for Q4 2022, with a net loss, but demonstrated year-over-year subscription revenue growth of 45%. The company's results exceeded its previously provided outlook for total revenue and adjusted EBITDA margin.
SolarWinds reported a slight decline in total revenue year-over-year, but a 1% growth on a constant currency basis. The company experienced a net loss of $292.2 million, including impairment charges. However, there was a 31% subscription revenue growth and solid adjusted EBITDA margins.
SolarWinds reported Q2 2022 total revenue of $176.0 million, a slight year-over-year decline on a reported basis but a 2% increase on a constant currency basis. The company experienced a net loss of $622.1 million, which included $621.8 million in impairment charges. Subscription revenue grew by 25% year-over-year.
SolarWinds reported total revenue of $176.9 million, a 1.7% year-over-year increase. The company's net loss was $4.7 million, while adjusted EBITDA reached $68.8 million, representing 38.9% of total revenue.
SolarWinds Corporation reported Q4 2021 results with a total revenue of $186.7 million, representing 0.6% year-over-year growth. The total recurring revenue represented 81.9% of the total revenue. The net loss for the quarter was $21.9 million, and the adjusted EBITDA was $78.4 million, representing a margin of 42.0% of total revenue.
SolarWinds reported a total revenue of $181.3 million for the third quarter, representing a 1.9% year-over-year decline. Net income for the third quarter was $1.1 million.
SolarWinds reported Q2 2021 results with a total revenue of $262.0 million, representing a 6.5% year-over-year growth. The company's non-GAAP total revenue was $262.0 million, a 6.3% year-over-year increase. Net loss for the quarter was $11.6 million.
SolarWinds reported Q1 2021 results with total revenue of $256.9 million, a 4.0% year-over-year increase. Recurring revenue grew by 10.5% to $232.0 million. The company's non-GAAP total revenue exceeded expectations, reaching $257.0 million, while adjusted EBITDA was $106.5 million.
SolarWinds reported a strong finish to 2020, delivering fourth quarter non-GAAP total revenue of $265.5 million, reflecting 6% year-over-year growth.
SolarWinds reported Q3 2020 results with total revenue of $261.0 million, representing 8.5% growth, and non-GAAP revenue of $261 million, representing 8% year-over-year growth. The company demonstrated disciplined expense management, generating $133 million of Adjusted EBITDA, representing a margin of 51%.
SolarWinds reported Q2 2020 results, with total revenue reaching $246.0 million, a 7.5% increase year-over-year. The company saw growth in recurring revenue, driven by maintenance and subscription services. They also closed the largest commercial transaction in its history and introduced new subscription-based pricing.
SolarWinds reported strong Q1 2020 results, with total revenue reaching $247.0 million, a 14.4% increase year-over-year. Non-GAAP total revenue was $248.5 million, representing a 15.1% increase. The company's subscription revenue grew by 30.8%, and total ARR reached $862 million, a 15% increase year-over-year.
SolarWinds Corporation reported a 11.9% increase in total revenue for Q4 2019, reaching $247.5 million. The company's non-GAAP revenue for the quarter was $249.4 million, a 12.5% increase year-over-year. Net income for the fourth quarter was $13.2 million.