Financial Performance - Total revenue for Q3 2021 was $1813 million, a 2% year-over-year decline[34] - Year-to-date total revenue reached $532 million[23] - Total Annual Recurring Revenue (ARR) amounted to $624 million[23] - Adjusted EBITDA for Q3 2021 was $75 million, with a 42% Adjusted EBITDA Margin[23] - Year-to-date Adjusted EBITDA totaled $225 million[23] - Year-to-date Unlevered Free Cash Flow was $139 million[23] Revenue Breakdown - GAAP subscription revenue grew 20% year-over-year to $323 million[29] - GAAP license + maintenance revenue declined year-over-year to $1490 million[29] Customer & Renewal Metrics - The company had 786 customers with over $100K in Trailing Twelve Months (TTM) spend[23] - TTM Maintenance Renewal Rate was 89%[23] Financial Outlook - The company anticipates Q4 2021 total revenue of $180-$184 million, representing a (3%) - (1%) year-over-year growth[44] - The company anticipates full year 2021 total revenue of $712 - $716 million, representing a (1%) – 0% year-over-year growth[47]

SolarWinds Corporation (NYSE:SWI) Q3 2021 Earnings Conference Call October 28, 2021 8:30 AM ET Company Participants Dave Hafner - Head of Investor Relations Sudhakar Ramakrishna - President and CEO Bart Kalsu - Executive Vice President and CFO Conference Call Participants Sterling Auty - JPMorgan Sanjit Singh - Morgan Stanley Rob Oliver - Baird Erik Suppiger - JMP Securities Kirk Materne - Evercore ISI Operator Good morning, everyone. My name is Chris, and I will be your conference operator today. At this ...

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, 2021 or (Exact name of registrant as specified in its charter) Delaware 81-0753267 (State or other jurisdiction of incorporation or organization) 7171 Southwest Parkway Building 400 Austin, Texas 78735 (512) 682.9300 (Address and telephone number of principal executive offices) Securities r ...

Financial Data and Key Metrics Changes - Total consolidated non-GAAP revenue for Q2 2021 was $262 million, representing year-over-year growth of 6% [12][19] - Consolidated adjusted EBITDA was $111.1 million, with an adjusted EBITDA margin of 42%, exceeding the high end of the outlook [13][25] - Ongoing SolarWinds maintenance renewal rate was 86%, above the expected low to mid-80s range [13][20] - Total ARR reached approximately $992 million as of June 30, reflecting year-over-year growth of 14% [23] Business Line Data and Key Metrics Changes - Total ongoing SolarWinds revenue was $177 million, above the high end of the second quarter revenue outlook [20] - Consolidated non-GAAP subscription revenue was $112.5 million, up 17% year-over-year, with ongoing SolarWinds subscription revenue growing 60% year-over-year [24] - License revenue was $26.7 million, a decline of approximately 21% compared to Q2 2020 [21] Market Data and Key Metrics Changes - The company secured the largest on-premises term subscription deal in its history from a large healthcare provider [13] - The company is winning large public sector deals globally, with the Secure by Design initiative being a key differentiator [14] Company Strategy and Development Direction - The company is focused on customer retention and aims to return to historical renewal rates of over 90% [13][34] - The Secure by Design initiative emphasizes enhancing security across internal environments, software build systems, and supply chain processes [11] - The company plans to continue expanding subscription offerings and prioritize new subscription sales [34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to help customers accelerate business transformation through secure solutions [36] - The company anticipates challenges in the federal sector due to tough comparisons from the previous year [32][61] - Management expects maintenance renewal rates to remain in the mid-80s for the rest of 2021, with a target to return to historical performance in 2022 [34][78] Other Important Information - The spinoff of the N-able business was completed on July 19, 2021, allowing both companies to better align with market needs [16] - The company completed a two-for-one reverse stock split and declared a dividend of $1.50 per share [28] Q&A Session Summary Question: Customer retention and renewal rates - Management highlighted employee commitment and the relevance of solutions as key factors for improved renewal rates, which are currently at 86% [40][41] Question: Trends in the quarter and July performance - Management noted progress in demand generation activities and positive trends in Q3 and Q4 [42][43] Question: Federal business impact - Management indicated that the federal business comprises approximately 10% of total revenue and is experiencing slower conversations due to the cyber incident [98] Question: Subscription transition and unit economics - Management explained that the subscription transition typically has a two- to three-year return model, with pricing based on the three-year value of a license and maintenance model [65][67] Question: Product evolution and database opportunity - Management emphasized the focus on consolidating capabilities for clearer value propositions and integrating database solutions to support various platforms [82][85]

Q2'21 Results August 3, 2021 © 2021 SolarWinds Worldwide, LLC. All rights reserved. General Disclaimer 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 cyberattack that occurred in December 2020 (the "Cyber Incident"), the recently completed spin-off of our N-ab ...

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 ACT OF 1934 For the quarterly period ended March 31, 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 jurisdic ...

SolarWinds Corp (NYSE:SWI) Q1 2021 Earnings Conference Call April 29, 2021 8:30 AM ET Company Participants Howard MA - Senior Director, IR Sudhakar Ramakrishna - President, CEO & Director John Pagliuca - EVP & President, MSP Barton Kalsu - EVP, CFO & Treasurer Conference Call Participants Matt Hedberg - RBC Capital Markets Sterling Auty - JPMorgan Chase & Co. Robert Oliver - Robert W. Baird & Co. Kingsley Crane - Berenberg Erik Suppiger - JMP Securities Melissa Dunn - Morgan Stanley Terry Tillman - Truist S ...

Q1'21 Results April 29, 2021 © 2021 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 cyberattack that occurred in December 2020 (the "Cyber Incident"), the potential spin-off of our N-able busi ...

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 For the fiscal year ended December 31, 2020 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 jurisdiction ...

Financial Data and Key Metrics Changes - SolarWinds achieved non-GAAP revenues of over $1 billion in 2020, representing a 9% year-over-year growth [10][24] - Non-GAAP subscription revenue grew by 22% for the full year 2020, reaching $399 million [24][25] - Adjusted EBITDA margin was 48% for both Q4 and the full year 2020, with adjusted EBITDA totaling $489.7 million for the year [10][26] Business Line Data and Key Metrics Changes - Non-GAAP subscription revenue for Q4 was $106.6 million, up 20% year-over-year, driven by a 16% growth in the MSP business [23] - Non-GAAP license revenue for Q4 was $34.5 million, a decline of approximately 23% compared to Q4 2019, impacted by the pandemic and the cyberattack [21] - The MSP business delivered double-digit growth of 15% in both Q4 and the full year, surpassing $300 million in revenue for 2020 [11][12] Market Data and Key Metrics Changes - Total ARR reached approximately $960 million as of December 31, 2020, reflecting year-over-year growth of 14% [22] - Maintenance renewal rates remained strong, exceeding 90% in 2020, despite the challenges faced [10][20] Company Strategy and Development Direction - The company aims to integrate its platforms to support hybrid IT needs, focusing on automation, monitoring, and remediation [34][66] - SolarWinds plans to expand its international go-to-market investments and enhance its customer success model [35] - The potential spin-off of the MSP business, now branded as Enable, is targeted for completion in the second quarter of 2021 [12][31] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about growth in 2021, despite near-term headwinds from the cyberattack and pandemic [28] - The company is focused on enhancing security measures and developing a secure software development model [16][18] - Management believes that the cyberattack has validated the importance of digital transformation for SMEs, leading to sustained demand for their solutions [23] Other Important Information - The company has formed a new technology and cybersecurity committee to oversee its response to the cyber incident [18] - Investments in security-related initiatives are expected to cost approximately $20 million to $25 million in 2021 [48][81] Q&A Session Summary Question: Improvement in demand picture for subscriptions - Management expects demand for subscriptions to bottom in March and improve throughout the year [42] Question: Future liability and potential litigation related to SUNBURST - Management indicated that licensing agreements may cover potential liabilities, as vulnerabilities are common across the industry [46][47] Question: Pace of new business in Q1 - The pace of new business has been impacted by the cyberattack, but positive trends are expected [54] Question: Churn in federal vs. non-federal sectors - It is too early to quantify churn, but most customers have upgraded and renewed contracts [72][74] Question: Growth trajectory of the MSP business - The MSP business experienced 15% growth in 2020, with expectations for high-teens growth on a normalized basis [75][76] Question: Offering concessions to renewing customers - Conversations regarding renewals have been normal, with no significant concessions offered [79] Question: Long-term impact of investments on margins - Margins are expected to be lowest in Q1, improving as the year progresses, with some investments yielding returns in the latter half of 2021 [81][82]