Q3'22 Results November 3, 2022 © 2022 SolarWinds Worldwide, LLC. All rights reserved. General Disclaimer Forward-Looking Statements 2 This presentation and the accompanying oral presentation contain "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook, our market opportunities, our expectations regarding customer retention and our evolution to a subscription first mentality, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38711 SolarWinds Corporation (Exact name of registrant as specified in its charter) Delaware 81-0753267 (State or other jurisdicti ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2022 was $176 million, near the high end of the guidance range of $174 million to $177 million, reflecting a slight decline compared to the prior year [28] - On a constant currency basis, total revenue would have been approximately $180 million, representing a 2% year-over-year increase [28] - Adjusted EBITDA was $67 million, with an adjusted EBITDA margin of 38%, consistent with the outlook provided [37] - Subscription revenue for Q2 2022 was $37 million, up 25% year-over-year, indicating successful subscription-first efforts [30] - Total ARR as of June 30, 2022, was $625 million, showing a slight increase over the prior year [35] Business Line Data and Key Metrics Changes - Subscription revenue growth reflects the conversion of maintenance customers to hybrid observability subscriptions, with maintenance revenue at $114 million, down 5% year-over-year [31] - License revenue was $25.1 million, representing a decline of approximately 6% compared to Q2 2021 [34] - In-quarter renewal rates were 93%, with trailing 12-month renewal rates at 91%, indicating strong customer retention [13][33] Market Data and Key Metrics Changes - The company experienced a foreign exchange headwind, particularly with the euro's decline against the U.S. dollar, impacting revenue performance [28][44] - Central Europe was identified as a soft spot due to geopolitical factors, but demand remained robust in other regions [62] Company Strategy and Development Direction - The company is focused on a subscription-first mentality, transitioning from on-premises to hybrid and SaaS solutions [26][50] - Plans to extend the SolarWinds platform into service management, integrating observability and service management to address customer needs [19] - The company aims to enhance partnerships with global system integrators and hyperscalers to drive growth [17][92] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's ability to navigate macroeconomic challenges, emphasizing the relevance of their solutions [54] - The outlook for Q3 2022 anticipates total revenue in the range of $180 million to $185 million, with adjusted EBITDA margin expected to be approximately 39% to 40% [41][43] - Full-year revenue guidance was lowered to $715 million to $725 million due to macroeconomic factors and currency fluctuations [46] Other Important Information - A noncash goodwill impairment charge of $612 million was recognized for the quarter due to a decline in market capitalization and financial forecast adjustments [51] - The company is committed to improving supply chain security and software security processes through its next-generation billing system [108] Q&A Session Summary Question: Can you provide more color on the macro backdrop and product performance? - Management noted that foreign exchange remains a significant concern, particularly in Central Europe, but product reception for hybrid cloud observability and service management solutions has been robust [60][62] Question: What are the assumptions for renewal rates moving forward? - Management expects renewal rates to remain in the 90% to 91% range, with any improvement providing upside [66] Question: How did demand progress throughout the quarter? - Demand remained robust relative to historical levels, with no significant deceleration noted as the quarter ended [70] Question: What is the contribution from federal customers? - Federal business is estimated to be closer to 10% of total revenue, with no significant changes expected [101] Question: How is the partner ecosystem evolving? - The company is expanding its partner relationships, focusing on both global system integrators and traditional partners to enhance sales efforts [88][92]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC OF 1934 (512) 682.9300 (Address and telephone number of principal executive offices) Securities registered pursuant to Section 12(b) of the Act: For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Numb ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2022 was $177 million, exceeding the high end of the guidance range of $173 million to $176 million, representing a 2% year-over-year growth [17][27] - Adjusted EBITDA was $69 million, with an adjusted EBITDA margin of 39%, also exceeding expectations for the quarter [17][35] - Subscription revenue grew by 37% year-over-year, driven by the conversion of a large customer to a term subscription [19][29] - Subscription ARR as of March 31, 2022, was $142 million, reflecting a 30% year-over-year increase [30] Business Line Data and Key Metrics Changes - License revenue for Q1 2022 was $22.6 million, a decline of approximately 9% compared to Q1 2021 [33] - Maintenance revenue was $115.5 million, down 4% year-over-year [30] - The company reported an in-quarter renewal rate of 91%, returning to historical norms in the low to mid-90s [18][32] Market Data and Key Metrics Changes - The company anticipates a market opportunity of approximately $60 billion by 2025, aiming for at least $1 billion in ARR by that time [13] - The company noted currency headwinds, particularly with the euro being 9% lower than when initial guidance was provided [37] Company Strategy and Development Direction - The company is focusing on a subscription-first mentality and transitioning to platform-based solutions, highlighted by the launch of a hybrid observability solution [12][26] - The strategy includes consolidating tools for customers to enhance visibility and integration, leading to larger deal sizes [20] - The company aims to achieve compounded annual subscription ARR growth of over 30% through 2025 while maintaining EBITDA margins in the mid-40s [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macro environment, primarily due to currency fluctuations, but noted limited direct impacts from geopolitical issues [58] - The company expects total revenue for Q2 2022 to be in the range of $174 million to $177 million, indicating a year-over-year decline of 2% to flat [38] - Full-year guidance remains unchanged, with total revenue expected between $730 million to $750 million, reflecting a year-over-year growth of 2% to 4% [39][43] Other Important Information - The company completed the spin-off of the N-able business on July 19, 2021, and the results presented reflect SolarWinds as a standalone entity [7] - The company has not historically hedged its interest rate exposure, with all debt subject to variable interest rates [102] Q&A Session Summary Question: Insights on the large customer conversion to subscription - Management indicated that the conversion was driven by the value proposition of hybrid observability and the consolidation of vendor products [53][54] Question: Impact of macroeconomic conditions - Management highlighted that FX is the primary concern, with limited direct impacts from geopolitical issues [58] Question: Health of SME spending globally - Management believes SME spending will remain robust, driven by demand for efficiency and security solutions [61][62] Question: Interest expense exposure to variable rates - The company confirmed that all of its $1.9 billion debt is subject to variable interest rates, which will impact cash flow as rates rise [64] Question: Metrics for observability platform success - Management emphasized the importance of subscription revenue growth and subscription ARR as key metrics to monitor [65][66] Question: Feedback on node-based pricing model - Positive feedback was received regarding the flexibility of the node-based licensing model, which is expected to enhance sales velocity [72][73] Question: Recent acquisition of Monalytic - The acquisition was aimed at strengthening the company's position in the federal and public sector space [75] Question: Sales motion and hiring focus - The company is focusing on inside sales while selectively hiring for enterprise sales roles [80][81] Question: Guidance clarity on FX impact - Management provided insights on constant currency growth rates and the expected impact of currency fluctuations on revenue [85] Question: ARR expansion from maintenance to subscription conversion - Conversions are expected to yield higher ARR, with early indications showing a conversion multiple greater than one-to-one [90][92]

Q1'22 Results May 5, 2022 © 2022 SolarWinds Worldwide, LLC. All rights reserved. General Disclaimer 2 Forward-Looking Statements This presentation and the accompanying oral presentation contain "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook, the impact of the cyber incident on our business, our market opportunities, our expectations regarding customer retention and our ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Austin, Texas 78735 (address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (512) 682.9300 | Securities registered pursuant to section 12(b) of the Act: | | | | --- | --- | --- | | Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | | Common stock, $0.00 ...

Financial Data and Key Metrics Changes - For Q4 2021, the company reported revenues of $186.7 million, exceeding the high end of the guidance range of $180 million to $184 million [12][25] - Adjusted EBITDA for Q4 was $78.4 million, representing an adjusted EBITDA margin of 42%, again exceeding the high end of the outlook for the quarter [12][34] - For the full year 2021, total GAAP revenue was $719 million, with subscription revenue contributing $125 million, reflecting a 90% year-over-year growth on a GAAP basis [32][33] Business Line Data and Key Metrics Changes - Subscription revenues increased by 18% year-over-year in Q4, driven by additional subscription revenue from SentryOne products and increased sales of on-premises subscriptions [14][30] - Total license and maintenance revenue for Q4 was $152 million, a decrease of 3% from the prior year, with maintenance revenue also down by 3% [26][33] - The company finished 2021 with 829 customers spending over $100,000 in the last 12 months, a 5% improvement over the previous year [34] Market Data and Key Metrics Changes - Total ARR reached approximately $631 million as of December 31, 2021, reflecting year-over-year growth of 1% [31] - Subscription ARR was $134.7 million, an increase of more than 20% year-over-year [31] - The company anticipates both license and subscription revenues to grow in 2022, reflecting a recovery in sales to new and existing customers [15][38] Company Strategy and Development Direction - The company aims to achieve $1 billion in ARR by 2025 with a compounded annual subscription ARR growth north of 30% [10] - The focus is on transitioning customers to subscription offerings and enhancing the product portfolio with unified platforms and superior customer experiences [48][49] - The company is committed to building a safer customer environment through its secure-by-design initiative [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in improving customer retention rates, expecting to approach historical best-in-class levels in the low 90% range [13] - The company anticipates total revenue growth in 2022 to be positively impacted by increases in licensed and subscription revenue, despite a decline in maintenance revenue [38][40] - Management highlighted the importance of customer success management in driving adoption rates and expanding customer relationships [100] Other Important Information - The company completed the spin-off of the N-able business on July 19, 2021, and results now reflect SolarWinds as a standalone business [4][22] - One-time costs related to the Cyber Incident totaled approximately $33.1 million for the full year of 2021, which are excluded from adjusted EBITDA [35][36] - The company ended Q4 2021 with a cash balance of $732 million and net debt of approximately $1.2 billion [37] Q&A Session Summary Question: What percentage of new customers are choosing subscription? - Management noted that there is a good mix of customers choosing subscription, particularly in the database opportunity and midmarket [52][53] Question: How do you feel about SME spending trends in 2022? - Management indicated that while SME spending trends are stabilizing, they expect growth primarily from the SME segment [58] Question: What are the expectations for federal maintenance renewal rates in 2022? - Management projected that federal renewal rates would be consistent with commercial renewal rates, showing positive trends [60] Question: Can you discuss the rollout plans for the application monitoring service? - Management explained that application monitoring will be integrated into the hybrid cloud platform, enhancing customer experience and competitive positioning [63][64] Question: What gives you confidence that the licensed business can rebound in 2022? - Management cited improved demand activities, increased personnel in go-to-market efforts, and better packaging and pricing as factors for expected growth [108]

Q4'21 Results February 17, 2022 © 2022 SolarWinds Worldwide, LLC. All rights reserved. General Disclaimer 2 Forward-Looking Statements This presentation and the accompanying oral presentation contain "forward-looking" statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook, our expectations regarding impact of the cyberattack that occurred in December 2020 (the "Cyber Incident"), the spin-off of ...

FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38711 SolarWinds Corporation (Exact name of registrant as specified in its charter) Delaware 81-0753267 (State or other juris ...