{"schema_version":"secwatch.filing_event.v1","accession":"0001739942-24-000054","form_type":"8-K","ticker":null,"cik":"0001739942","company_name":"SolarWinds Corp","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.839998+00:00","generated_at":"2026-06-03T00:43:17.672398+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SolarWinds Q1 revenue $193.3M (+4% YoY), adj. EBITDA margin 48%, declares special dividend $1.00/share","bullets":["Total revenue $193.3M (+4% YoY); net income $15.6M; adjusted EBITDA $92.1M (48% margin, +19% YoY).","Subscription ARR $251.3M (+36% YoY); Total ARR $695.3M (+7% YoY); recurring revenue 93% of total.","Declared special cash dividend of $1.00 per share (paid April 15, 2024).","Announced AI-powered enhancements and became first software provider to submit CISA self-attestation.","Balance sheet: cash $312.8M, debt $1.2B; special dividend liability $168.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001739942-24-000054","json":"https://secwatch.observer/filing/0001739942-24-000054.json","markdown":"https://secwatch.observer/filing/0001739942-24-000054.md","text":"https://secwatch.observer/filing/0001739942-24-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739942/000173994224000054/0001739942-24-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739942/000173994224000054/swi-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:43:17.672398+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7aeb8ba20823f889b9aeaba44d324873c963afcc","claim":"SolarWinds Corp reported first quarter ended March 31, 2024 results: revenue total revenue for the first quarter of $193.3 million, net income Net income for the first quarter of $15.6 million.","evidence_excerpt":"and IT management software, today reported results for its first quarter ended March 31, 2024. First Quarter Financial Highlights • Total revenue for the first quarter of $193.3 million, representing 4% year-over-year growth, and total recurring revenue representing 93% of total revenue. • Net income for the first quarter of $15.6 million. • Adjusted EBITDA for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739942/000173994224000054/0001739942-24-000054-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"total revenue for the first quarter of $193.3 million"},{"label":"Net income","value":"Net income for the first quarter of $15.6 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}