Company research
SecureWorks Corp
CIK 1468666Updated Sep 24, 2026
Name history
SecureWorks Holding Corp · through Oct 22, 2015
Filing activity
Latest filing
50 filings on record · 15-12G, SCHEDULE 13G/A, 4, S-8 POS, 8-K, 25-NSE.
Recent filings
15-12G filing
SCHEDULE 13G/A - filed by Dell Technologies Inc. regarding SecureWorks Corp
4 filing
4 filing
4 filing
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 724,779,000Source | 840,870,000Source | 987,302,000Source | 1,045,361,000Source |
| Property, Plant and Equipment, NetUSD | 2,149,000Source | 4,632,000Source | 8,426,000Source | 17,143,000Source |
| GoodwillUSD | 425,472,000Source | 425,519,000Source | 425,926,000Source | 425,861,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 83,235,000Source | 106,208,000Source | 133,732,000Source | 157,820,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 68,655,000Source | 143,517,000Source | 220,655,000Source | 220,300,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 54,266,000Source | 72,627,000Source | 86,231,000Source | 108,005,000Source |
| Inventory, NetUSD | 727,000Source | 620,000Source | 505,000Source | 560,000Source |
| Assets, CurrentUSD | 138,139,000Source | 234,290,000Source | 333,431,000Source | 346,214,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,069,000Source | 9,256,000Source | 17,441,000Source | 22,330,000Source |
| Other Assets, NoncurrentUSD | 70,715,000Source | 60,965,000Source | 68,346,000Source | 75,993,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 223,454,000Source | 282,909,000Source | 339,245,000Source | 377,580,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 996,291,000Source | 967,367,000Source | 939,404,000Source | 917,344,000Source |
| Retained Earnings (Accumulated Deficit)USD | -470,163,000Source | -384,121,000Source | -269,622,000Source | -229,831,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -5,771,000Source | -6,237,000Source | -2,672,000Source | -660,000Source |
| Stockholders' Equity Attributable to ParentUSD | 501,325,000Source | 557,961,000Source | 648,057,000Source | 667,781,000Source |
| Liabilities and EquityUSD | 724,779,000Source | 840,870,000Source | 987,302,000Source | 1,045,361,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 202,114,000Source | 245,583,000Source | 266,488,000Source | 294,340,000Source |
| Accounts Payable, CurrentUSD | 8,974,000Source | 18,847,000Source | 15,062,000Source | 16,769,000Source |
| Operating Lease, Liability, NoncurrentUSD | 7,803,000Source | 12,141,000Source | 16,869,000Source | 22,461,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 13,000Source | 32,157,000Source | 37,403,000Source |
| Other Liabilities, NoncurrentUSD | 7,831,000Source | 14,023,000Source | 43,124,000Source | 51,189,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | — | 29,588,000Source | 35,164,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 31,893,000Source | 36,668,000Source | 40,520,000Source | 41,614,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 35,104,000Source | 36,855,000Source | 30,446,000Source | 24,414,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -17,952,000Source | -13,729,000Source | -21,221,000Source | -2,557,000Source |
| Increase (Decrease) in InventoriesUSD | 107,000Source | 115,000Source | -55,000Source | -186,000Source |
| Increase (Decrease) in Accounts PayableUSD | -9,685,000Source | 3,587,000Source | -1,623,000Source | -1,527,000Source |
| Deferred Income Tax Expense (Benefit)USD | -23,128,000Source | -32,751,000Source | -5,800,000Source | -9,593,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -59,159,000Source | -62,600,000Source | 16,737,000Source | 60,589,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 15,081,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -6,423,000Source | -5,651,000Source | -8,014,000Source | -18,086,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,180,000Source | 1,947,000Source | 1,928,000Source | 3,005,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 6,163,000Source | 8,887,000Source | 12,502,000Source | 5,510,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -6,163,000Source | -8,887,000Source | -8,368,000Source | -4,041,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -74,862,000Source | -77,138,000Source | 355,000Source | 38,462,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 68,655,000Source | 143,517,000Source | 220,655,000Source | 220,300,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 594,000Source | 2,461,000Source | 2,554,000Source | 1,933,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -3,117,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 35,104,000Source | 36,855,000Source | 30,446,000Source | 24,414,000Source |
| Amortization of Intangible AssetsUSD | 28,200,000Source | 31,200,000Source | 30,200,000Source | 28,700,000Source |
| DepreciationUSD | 4,100,000Source | 5,900,000Source | 10,300,000Source | 12,900,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,600,000Source | 824,000Source | -3,393,000Source | 1,485,000Source |
| General and Administrative ExpenseUSD | 83,233,000Source | 111,615,000Source | 102,834,000Source | 101,760,000Source |
| GoodwillUSD | 425,472,000Source | 425,519,000Source | 425,926,000Source | 425,861,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -28,478,000Source | -32,282,000Source | -16,115,000Source | -9,899,000Source |
| Net Income (Loss) Attributable to ParentUSD | -86,042,000Source | -114,499,000Source | -39,791,000Source | -21,902,000Source |
| Nonoperating Income (Expense)USD | -2,554,000Source | 1,248,000Source | -3,532,000Source | 1,034,000Source |
| Operating ExpensesUSD | 329,725,000Source | 419,862,000Source | 370,462,000Source | 351,702,000Source |
| Operating Lease, ExpenseUSD | 400,000Source | 500,000Source | — | — |
| Operating Lease, Impairment LossUSD | 2,900,000Source | 4,000,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 0Source | 0Source | 4,134,000Source | 1,469,000Source |
| Restructuring CostsUSD | 3,272,000Source | 6,112,000Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 365,879,000Source | 463,475,000Source | 535,214,000Source | 561,034,000Source |
| Cost of RevenueUSD | 148,120,000Source | 191,642,000Source | 217,126,000Source | 242,167,000Source |
| Operating Income (Loss)USD | -111,966,000Source | -148,029,000Source | -52,374,000Source | -32,835,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -114,520,000Source | -146,781,000Source | -55,906,000Source | -31,801,000Source |
| Income Tax Expense (Benefit)USD | -28,478,000Source | -32,282,000Source | -16,115,000Source | -9,899,000Source |
| Net Income (Loss) Attributable to ParentUSD | -86,042,000Source | -114,499,000Source | -39,791,000Source | -21,902,000Source |
| Earnings Per Share, BasicUSD per share | -1Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | -1Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 86,049,000Source | 84,389,000Source | 82,916,000Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 86,049,000Source | 84,389,000Source | 82,916,000Source | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 28,200,000Source | 31,200,000Source | 30,200,000Source | 28,700,000Source |
| Current Income Tax Expense (Benefit)USD | -5,350,000Source | 469,000Source | -10,315,000Source | -306,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,600,000Source | 824,000Source | -3,393,000Source | 1,485,000Source |
| General and Administrative ExpenseUSD | 83,233,000Source | 111,615,000Source | 102,834,000Source | 101,760,000Source |
| Gross ProfitUSD | 217,759,000Source | 271,833,000Source | 318,088,000Source | 318,867,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -119,265,000Source | -154,426,000Source | -59,541,000Source | -35,064,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | -1.36Source | -0.48Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | -1.36Source | -0.48Source | — |
| Nonoperating Income (Expense)USD | -2,554,000Source | 1,248,000Source | -3,532,000Source | 1,034,000Source |
| Operating ExpensesUSD | 329,725,000Source | 419,862,000Source | 370,462,000Source | 351,702,000Source |
| Operating Lease, ExpenseUSD | 400,000Source | 500,000Source | — | — |
| Research and Development ExpenseUSD | 110,996,000Source | 141,837,000Source | 122,494,000Source | 105,008,000Source |
| Restructuring and Related Cost, Incurred CostUSD | 17,145,000Source | 15,471,000Source | — | — |
| Restructuring CostsUSD | 3,272,000Source | 6,112,000Source | — | — |
| Selling and Marketing ExpenseUSD | 118,351,000Source | 166,410,000Source | 145,134,000Source | 144,934,000Source |