SolarWinds Corp (SWI)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	22,915	12,071	-9,109	-18,944	-307,991	-930,375	-929,413	-942,647	-659,407	-48,907	-51,408	104,950	126,431	150,900	158,475	38,985	30,876	15,912	18,642	-9,324
Revenue (ttm)	US$ in thousands	779,300	771,084	763,326	752,646	742,451	733,451	724,655	716,477	718,352	719,106	718,632	717,464	721,011	716,888	716,770	778,716	834,388	890,471	932,525	906,211
Net profit margin		2.94%	1.57%	-1.19%	-2.52%	-41.48%	-126.85%	-128.26%	-131.57%	-91.79%	-6.80%	-7.15%	14.63%	17.54%	21.05%	22.11%	5.01%	3.70%	1.79%	2.00%	-1.03%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $22,915K ÷ $779,300K
= 2.94%

The net profit margin of SolarWinds Corp has shown significant fluctuations over the past several quarters. The net profit margin is a measure of profitability that indicates how much of each dollar in revenue translates into profit after accounting for all expenses.

The net profit margin for SolarWinds Corp ranged from a low of -128.26% in the fourth quarter of 2022 to a high of 22.11% in the first quarter of 2021. The negative net profit margins in some periods indicate that the company incurred losses during those quarters.

Overall, it is important to note that the company's net profit margin has been inconsistent and volatile, with several quarters showing negative margins. This signifies that SolarWinds Corp has experienced challenges in generating profits relative to its revenue during certain periods.

Further analysis and investigation into the reasons behind these fluctuations in the net profit margin would be necessary to understand the underlying factors impacting SolarWinds Corp's profitability.