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Dec 31, 2020
SolarWinds Q4 2020 Earnings Report
Reported results for the fourth quarter ended December 31, 2020.
Key Takeaways
SolarWinds reported a strong finish to 2020, delivering fourth quarter non-GAAP total revenue of $265.5 million, reflecting 6% year-over-year growth.
Total revenue for the fourth quarter was $265.3 million, representing 7.2% growth.
Total recurring revenue for the fourth quarter was $230.8 million, representing 13.7% growth.
Net income for the fourth quarter was $132.7 million.
SolarWinds acquired SentryOne® in early Q4 2020, extending the scale and depth of their Database Performance Management capabilities for Microsoft® Data Platform.
SolarWinds
SolarWinds
SolarWinds Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comMaintenance Revenue
CapyFin.comLicense Revenue
CapyFin.com Forward Guidance
SolarWinds’ management currently expects to achieve the following results for the first quarter of 2021:
Positive Outlook
- Non-GAAP total revenue in the range of $247 to $252 million, representing growth over the first quarter of 2020 non-GAAP total revenue of (1)% to 1%.
- Adjusted EBITDA in the range of $98 to $101 million, representing approximately 40% of non-GAAP total revenue.
- Non-GAAP diluted earnings per share of $0.19 to $0.20.
- Weighted average outstanding diluted shares of approximately 318 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income