Q4'20 Results February 25, 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 on our Orion Software Platform and internal systems disclosed in December 2020 (the "Cyber Inci ...

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 September 30, 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 juri ...

Q3'20 Results October 27, 2020 © 2020 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 COVID-19 pandemic and related global economic environment on our business, the potential spin-off of our MSP ...

Financial Data and Key Metrics Changes - Total non-GAAP revenue for Q3 2020 was approximately $261 million, reflecting an 8% year-over-year growth and exceeding the high end of the outlook [9][27] - Adjusted EBITDA for Q3 2020 was approximately $133 million, resulting in a 51% adjusted EBITDA margin, the highest level in the last 11 quarters [9][24] - Total cash balance reached $425 million as of September 30, 2020, an increase of over $250 million from December 31, 2019 [23] Business Line Data and Key Metrics Changes - Total ARR reached approximately $887 million as of September 30, 2020, reflecting year-over-year growth of 11%, with subscription ARR growing at a faster rate of 20% [13][14] - Non-GAAP license and maintenance revenue grew by 2% year-over-year, reaching $160.4 million, driven by a 7% increase in maintenance revenue [28] - Subscription revenue for Q3 was $101 million, growing 18% year-over-year, with 85% of total revenue being recurring [31] Market Data and Key Metrics Changes - The most significant improvement in performance was observed in the EMEA region, followed by North America [11] - The MSP business is expected to generate slightly over $300 million of non-GAAP revenue in 2020, with a growth rate of 12% in Q3 [36][37] Company Strategy and Development Direction - The company is focusing on expanding its database management capabilities, driven by digital transformation and hybrid cloud infrastructures [15][16] - The planned acquisition of SentryOne for approximately $142 million aims to enhance the company's database performance monitoring capabilities [19][20] - The company is exploring a potential spin-off of its MSP business into a separately traded public company, expected to receive final approval in the first half of 2021 [52][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver continued growth despite the challenging economic environment, with signs of improvement in customer spending and new customer acquisitions [47][80] - The company anticipates a stable economic environment in Q4 2020, with expectations for improved growth in 2021 [67][50] Other Important Information - The company reported a maintenance renewal rate of 92% and a subscription net retention rate stable at 105% [14][45] - The CEO search is ongoing, with a focus on finding a leader for the core IT management business [55][56] Q&A Session Summary Question: Comments on license trajectory improvement - Management noted a solid quarter for license revenue, with a significant majority of licensed products now offered under a subscription basis [64] Question: Insights on the MSP business and competition with Datto - Management acknowledged Datto's successful IPO and highlighted the differences in their offerings, emphasizing strengths in remote monitoring and management [70][72] Question: Details on customer expansion and churn in the MSP business - Management reported an increase in new customer acquisitions and stable device counts among small MSPs, indicating signs of recovery [83][84] Question: Growth factors for the MSP business post-spin-off - Management indicated that increased investment in R&D and customer success initiatives would drive growth, alongside the introduction of new offerings [86] Question: Thoughts on the SentryOne acquisition - Management highlighted the complementary nature of SentryOne's offerings, particularly in the Microsoft environment, enhancing their database management capabilities [99][100]

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 June 30, 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) (State or other jurisdiction of incorporation ...

Financial Data and Key Metrics Changes - Total non-GAAP revenue for Q2 2020 reached approximately $248 million on a constant currency basis, reflecting a 7% year-over-year growth on a reported basis and 8% growth on a constant currency basis [13][14] - Adjusted EBITDA for Q2 2020 was over $119 million, exceeding the high end of the outlook, with an adjusted EBITDA margin of 48% and year-over-year growth of 7% [14][45] - Cash on hand at the end of Q2 2020 was $331 million, an increase of $94 million since March 31, 2020, and $158 million since December 31, 2019 [33] Business Line Data and Key Metrics Changes - Total ARR reached approximately $873 million as of June 30, 2020, reflecting year-over-year growth of 10% on a reported basis and 11% on a constant currency basis [23] - Non-GAAP subscription revenue for Q2 2020 was $96 million, growing 20% year-over-year, while total non-GAAP recurring revenue grew at 11%, reaching $213 million [35] - Non-GAAP license revenue in Q2 2020 totaled $33.7 million, reflecting a year-over-year decrease of approximately 14% [40] Market Data and Key Metrics Changes - Customer retention rates for the first six months of 2020 remained stable, with maintenance renewal rates over 92% [29] - The number of customers spending over $100,000 increased by 23% year-over-year to 958 customers [24] - The company closed the largest commercial transaction in its history with a global financial institution, significantly expanding its product footprint [26] Company Strategy and Development Direction - The company is exploring a potential spin-off of its MSP business to optimize growth and performance of both the MSP and core IT management businesses [11][65] - The core IT management business is projected to generate over $700 million in revenue in 2020, with a growth rate in the mid-single digits [63] - The company aims to leverage its disruptive go-to-market approach to capture market share during economic disruptions [20][53] Management's Comments on Operating Environment and Future Outlook - Management noted an increase in budget pressure among technology professionals, with expectations of continued budget constraints in the second half of the year [18] - Despite economic challenges, the company has seen resilience in IT spending from small and medium-sized businesses [54] - The outlook for Q3 2020 anticipates total revenue in the range of $254 million to $259 million, representing year-over-year growth of 5% to 7% [48] Other Important Information - The company has launched subscription pricing options for its Orion product portfolio, resulting in over 60 subscription transactions in Q2 2020 [21] - The company is focused on database performance management as a significant growth opportunity, with revenue in this area growing over 30% in Q2 2020 [28] - The management team is committed to a seamless leadership transition as they explore the potential spin-off [81][87] Q&A Session Summary Question: Can you outline the key decision points remaining in the spin-off process? - The company is still early in the exploration process, with operational work needed to understand how to split the businesses effectively [94][95] Question: What are the shared functions and potential dissynergies in the spin-off? - There are shared functions in finance, legal, and IT that will need to be addressed, but operational costs are aligned to different business units [100] Question: How is the cloud management piece trending? - The MSP business is expected to approach $300 million in subscription revenue in 2020, with growth in cloud management products being an important part of the future strategy [107][108]

Q2'20 Results August 6th, 2020 © 2020 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 COVID-19 pandemic and related global economic environment on our business, the potential spin-off of our M ...

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, 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) (State or other jurisdiction of incorporatio ...

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, 2019 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 | | --- | --- | --- | | ...

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 September 30, 2019 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) (State or other jurisdiction of incorpor ...