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solarwinds Solar Winds Announces Second Quarter 2021 Results AUSTIN , Texas - August 3 , 2021 - SolarWinds Corporation ( NYSE : SWI ) , a leading provider of simple , powerful , and secure IT management software , today reported results for its second quarter ended June 30 , 2021 . On a GAAP basis : ● Total revenue for the second quarter of $ 262.0 million , representing 6.5 % year - over - year growth . Core IT Management total revenue for the second quarter of $ 176.8 million , representing 2.4 % year - over year growth . N - able total revenue for the second quarter of $ 85.2 million , representing 16.1 % year - over - year growth . Total recurring revenue for the second quarter of $ 235.3 million , representing 10.8 % year - over - year growth . Total recurring revenue includes : O O O Maintenance revenue for the second quarter of $ 122.9 million , representing 5.5 % year - over - year growth . Subscription revenue for the second quarter of $ 112.4 million , representing 17.3 % year - over - year growth . Net loss for the second quarter of $ 11.6 million . 0 On a non - GAAP basis : Non - GAAP total revenue for the second quarter of $ 262.0 million , representing 6.3 % year - over - year growth . Core IT Management non - GAAP total revenue for the second quarter of $ 176.8 million , representing 2.1 % year - over - year growth . O Exhibit 99.1 O O Non - GAAP total recurring revenue for the second quarter of $ 235.4 million , representing_10.5 % year - over - year growth . Non - GAAP total recurring revenue includes : O N - able non - GAAP total revenue for the second quarter of $ 85.2 million , representing 16.1 % year - over - year growth . Non - GAAP maintenance revenue for the second quarter of $ 122.9 million , representing 5.5 % year - over - year growth . Non - GAAP subscription revenue for the second quarter of $ 112.5 million , representing 16.7 % growth . year - over - year Adjusted EBITDA for the second quarter of $ 111.1 million , representing a margin of 42.4 % of non - GAAP total revenue . For a reconciliation of our GAAP to non - GAAP results , please see the tables below . " I continue to be impressed by the resiliency of our business and , in particular , our employees who , through focus and dedication , helped us deliver second quarter results above the high end of our outlook for non - GAAP total revenue and Adjusted EBITDA , " said Sudhakar Ramakrishna , president and Chief Executive Officer , SolarWinds . " We believe our commitment to customer success , transparent communication , and our ' Secure by Design ' initiatives have put us in a strong position to continue to be a valued partner to technology professionals around the world as they continue to transform their businesses . "