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Dec 31, 2021
SolarWinds Q4 2021 Earnings Report
Reported a strong finish and solid year of performance in 2021, outperforming the previously provided outlook for total revenue and adjusted EBITDA for the quarter.
Key Takeaways
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.
Delivered a strong finish and a solid year of performance in 2021 despite a challenging environment.
Outperformed the previously provided outlook for total revenue and adjusted EBITDA for the quarter.
Made significant progress on a number of key priorities, including customer retention, solutions portfolio, and go-to-market expansions.
Focused on growth by helping customers accelerate their digital transformation via simple, powerful, and secure solutions in 2022.
Revenue by Segment
Forward Guidance
SolarWinds is providing its financial outlook for the first quarter and full year of 2022. The financial information below represents forward-looking non-GAAP financial information, including an estimate of adjusted EBITDA and non-GAAP diluted earnings per share.
Positive Outlook
- Total revenue in the range of $173.0 to $176.0 million for Q1 2022, representing growth over the first quarter of 2021 total revenue from continuing operations of 0% to 1%.
- Adjusted EBITDA margin of approximately 36% of total revenue for Q1 2022.
- Non-GAAP diluted earnings per share of $0.22 for Q1 2022.
- Total revenue in the range of $730.0 to $750.0 million for FY 2022, representing growth over the full year of 2021 total revenue from continuing operations of 2% to 4%.
- Adjusted EBITDA margin of approximately 41% of total revenue for FY 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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