SolarWinds (SWI) Revenue & Revenue Breakdown


SolarWinds Revenue Highlights


Latest Revenue (Y)

$796.89M

Latest Revenue (Q)

$161.35M

Main Segment (Y)

Subscription And Maintenance

Main Geography (Y)

UNITED STATES

SolarWinds Revenue by Period


SolarWinds Revenue by Year

DateRevenueChange
2024-12-31$796.89M5.03%
2023-12-31$758.74M5.47%
2022-12-31$719.37M0.10%
2021-12-31$718.63M-29.49%
2020-12-31$1.02B9.30%
2019-12-31$932.52M11.94%
2018-12-31$833.09M14.43%
2017-12-31$728.02M55.09%
2016-12-31$469.42M9.50%
2014-12-31$428.71M27.83%
2013-12-31$335.38M24.70%
2012-12-31$268.96M-

SolarWinds generated $796.89M in revenue during NA 2024, up 5.03% compared to the previous quarter, and up 85.46% compared to the same period a year ago.

SolarWinds Revenue by Quarter

DateRevenueChange
2024-09-30$161.35M-16.51%
2024-06-30$193.25M-0.03%
2024-03-31$193.31M-2.44%
2023-12-31$198.14M4.51%
2023-09-30$189.59M2.46%
2023-06-30$185.03M-0.51%
2023-03-31$185.98M-0.58%
2022-12-31$187.07M4.28%
2022-09-30$179.40M1.91%
2022-06-30$176.03M-0.47%
2022-03-31$176.87M-5.27%
2021-12-31$186.72M3.00%
2021-09-30$181.27M-30.81%
2021-06-30$261.97M1.97%
2021-03-31$256.90M-3.16%
2020-12-31$265.29M1.65%
2020-09-30$260.98M6.08%
2020-06-30$246.01M-0.38%
2020-03-31$246.95M-0.22%
2019-12-31$247.50M2.91%
2019-09-30$240.49M5.13%
2019-06-30$228.75M6.00%
2019-03-31$215.79M-2.44%
2018-12-31$221.18M3.71%
2018-09-30$213.28M5.73%
2018-06-30$201.72M2.44%
2018-03-31$196.91M-0.72%
2017-12-31$198.34M4.88%
2017-09-30$189.11M7.79%
2017-06-30$175.44M-

SolarWinds generated $161.35M in revenue during Q3 2024, up -16.51% compared to the previous quarter, and up 87.20% compared to the same period a year ago.

SolarWinds Revenue Breakdown


SolarWinds Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Subscription And Maintenance$745.10M$696.31M$626.58M$604.02M$874.78M
Maintenance$440.59M$462.07M$458.90M$479.42M$478.28M
Subscription$304.51M$234.24M$167.68M$124.60M$396.50M
License$51.79M$62.43M$92.79M$114.62M$144.46M

SolarWinds's latest annual revenue breakdown by segment (product or service), as of Dec 24: Subscription And Maintenance (48.32%), Maintenance (28.57%), Subscription (19.75%), and License (3.36%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 18
Subscription And Maintenance$197.19M$187.09M$180.34M$180.48M$182.85M$169.44M$168.84M$164.75M$156.63M$150.95M$154.24M$152.89M$152.03M$235.30M$232.03M$230.76M$221.70M$212.34M$209.98M$174.94M
Maintenance$107.93M$110.63M$110.31M$111.72M$115.12M$116.06M$114.48M$115.05M$114.38M$113.97M$115.50M$118.51M$119.74M$122.87M$123.04M$124.30M$121.13M$116.50M$116.35M$105.35M
License$13.12M$12.93M$12.91M$12.83M$15.29M$15.59M$17.14M$22.32M$22.77M$25.08M$22.63M$33.83M$29.24M$26.68M$24.87M$34.53M$39.28M$33.68M$36.97M$46.24M
Subscription$89.26M$76.46M$70.03M$68.76M$67.73M$53.39M$54.36M$49.70M$42.25M$36.98M$38.75M$34.38M$32.29M$112.43M$108.99M$106.46M$100.56M$95.84M$93.64M$69.59M

SolarWinds's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Subscription And Maintenance (48.39%), Maintenance (26.49%), Subscription (21.90%), and License (3.22%).

SolarWinds Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
Non-US$280.34M$263.77M$246.53M$248.84M$393.48M
UNITED STATES$516.56M$494.97M$472.83M$469.79M$625.76M

SolarWinds's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (64.82%), and Non-US (35.18%).

SolarWinds Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$845.49B$628.67B
CSGSCSG Systems$1.20B$295.14M
NTCTNetScout Systems$829.46M$252.02M
SWISolarWinds$796.89M$161.35M
EVCMEverCommerce$698.76M$176.26M
IMXIInternational Money Express$658.65M$171.95M
FLYWFlywire$492.14M$156.81M
GBGlobal Blue Group$422.30M$105.24M
SCWXSecureWorks$365.88M$82.73M
CCSIConsensus Cloud Solutions$350.38M$87.75M
RDWRRadware$261.29M$65.08M
IIIVi3 Verticals$229.92M$61.69M
BASECouchbase$209.47M$51.63M

SWI Revenue FAQ


What is SolarWinds’s yearly revenue?

SolarWinds's yearly revenue for 2024 was $796.9M, representing an increase of 5.03% compared to 2023. The company's yearly revenue for 2023 was $758.74M, representing an increase of 5.47% compared to 2022. SWI's yearly revenue for 2022 was $719.37M, representing an increase of 0.10% compared to 2021.

What is SolarWinds’s quarterly revenue?

SolarWinds's quarterly revenue for Q3 2024 was $161.35M, a -16.51% decrease from the previous quarter (Q2 2024), and a -14.90% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $193.25M, a -0.03% decrease from the previous quarter (Q1 2024), and a 4.44% increase year-over-year (Q2 2023). SWI's quarterly revenue for Q1 2024 was $193.31M, a -2.44% decrease from the previous quarter (Q4 2023), and a 3.94% increase year-over-year (Q1 2023).

What is SolarWinds’s revenue growth rate?

SolarWinds's revenue growth rate for the last 3 years (2022-2024) was 10.78%, and for the last 5 years (2020-2024) was -21.81%.

What are SolarWinds’s revenue streams?

SolarWinds's revenue streams in c 24 are Subscription And Maintenance, Maintenance, Subscription, and License. Subscription And Maintenance generated $745.1M in revenue, accounting 48.32% of the company's total revenue, up 7.01% year-over-year. Maintenance generated $440.59M in revenue, accounting 28.57% of the company's total revenue, down -4.65% year-over-year. Subscription generated $304.51M in revenue, accounting 19.75% of the company's total revenue, up 30.00% year-over-year. License generated $51.79M in revenue, accounting 3.36% of the company's total revenue, down -17.04% year-over-year.

What is SolarWinds’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of SolarWinds was Subscription And Maintenance. This segment made a revenue of $745.1M, representing 48.32% of the company's total revenue.