Event-Driven Stocks

SolarWinds Corp

SWI

Technology · Technology · Accelerated filer · SEC filings ↗ · Compare ⊕

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Signs4 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$796.9M$758.7M$719.4M$718.6M$716.8M$669.1M
Operating income$208.4M$150.4M−$819.6M−$32.9M$52.3M$79.9M
Net income$111.9M−$9.1M−$929.4M−$51.4M$158.5M$18.6M
Total assets$3.17B$3.25B$3.20B$4.79B$5.71B$5.31B
Total liabilities$1.77B$1.81B$1.83B$2.50B$2.70B$2.66B
Equity$1.40B$1.44B$1.37B$2.29B$3.01B$2.65B
EPS (diluted)$0.64$-0.06$-5.78$-0.33$1.00$0.12
Shares out.166.7M162.0M160.5M315.6M311.4M309.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
26.2%
Net margin
14.0%
Return on equity
8.0%
Return on assets
3.5%
Return on capital (ROCE)
7.7%
Liabilities / assets
55.8%
Debt / equity
1.26×
Book value / share
$8.40
Revenue growth (YoY)
5.0%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
-0.01distress
Accruals / assets
2.4%clean
Beneish M-Score
-2.51normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe4 good
  • Altman Z″ in the distress zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions12 disposalsnet 102.8M shares · last 12
InsiderDateTypeSharesPrice
Smith Douglas PDirectorApr 16, 2025D96,404$18.50
Slta Iv (Gp), L.L.C.DirectorApr 16, 2025D239,310$18.50
Thoma Bravo Ugp, Llc10% ownerApr 16, 2025J50.1M$18.50
Thoma Bravo Special Opportunities Fund Ii, L.P.10% ownerApr 16, 2025J50.1M$18.50
Howard DennisDirectorApr 16, 2025D92,055$18.50
Kinney Catherine RDirectorApr 16, 2025D103,571$18.50
Sundaram EaswaranDirectorApr 16, 2025D21,825$18.50
Benko Cathleen ADirectorApr 16, 2025D91,009$18.50
Bock William GDirectorApr 16, 2025D88,857$18.50
Black Lewis WaltonOfficer — EVP, CFO, and TreasurerApr 16, 2025D426,431$18.50
Ramakrishna SudhakarOfficer — CEO &amp; PresidentApr 16, 2025D897,704$18.50
Bliss JasonOfficer — Chief Administrative OfficerApr 16, 2025D556,467$18.50

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Apr 15, 20252.2M1.0+15.0%
Mar 31, 20251.9M1.3+14.2%
Mar 14, 20251.7M1.1+17.7%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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