Private company
SecureWorks Corp
In its 2024 annual report the company says: “We are a leading global cybersecurity provider of technology-driven solutions singularly focused on protecting our customers. We combine considerable experience from securing thousands of customers and processing billions of customer events, incorporate artificial intelligence and machine-learning in our security platform, and utilize actionable insights from our team of elite researchers, analysts, and consultants to create a powerful network effect that provides increasingly strong protection for our customers.”5 It is headquartered in Atlanta, Georgia.1
Last updated Oct 21, 2026.
Overview
- IndustryServices-Prepackaged Software1
- HeadquartersAtlanta, Georgia1
- Incorporated inDE3
- Business addressOne Concourse Parkway, Suite 500, Atlanta, Ga 303283
- Filer categoryAccelerated filer3
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We are a leading global cybersecurity provider of technology-driven solutions singularly focused on protecting our customers.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue40¢$148.1M
- Research and development30¢$111.0M
- Other costs21¢$78.3M
- Income tax8¢$28.5M
Out of $365.9M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $432.8M6 | $467.9M7 | $518.7M8 | $552.8M9 | $561.0M10 | $535.2M2 | $463.5M2 | $365.9M2 |
| Cost of revenue | $212.6M14 | $226.7M14 | $246.1M8 | $252.8M9 | $242.2M10 | $217.1M2 | $191.1M2 | $148.1M2 |
| Gross profit | $220.3M6 | $242.8M7 | $272.6M8 | $300.0M9 | $318.9M10 | $318.1M2 | $272.4M2 | $217.8M2 |
| Research and development | $71.0M6 | $80.2M7 | $87.6M8 | $95.0M9 | $105.0M10 | $122.5M2 | $139.8M2 | $111.0M2 |
| Selling, general and admin | ||||||||
| Operating expenses | $370.5M2 | $420.4M2 | $329.7M2 | |||||
| Operating income | -$55.9M6 | -$70.0M7 | -$48.7M8 | -$52.2M9 | -$32.8M10 | -$52.4M2 | -$148.0M2 | -$112.0M2 |
| Income before tax | -$55.9M2 | -$146.8M2 | -$114.5M2 | |||||
| Income tax | -$21.7M6 | -$62.3M7 | -$6.9M8 | -$19.7M9 | -$9.9M10 | -$16.1M2 | -$32.3M2 | -$28.5M2 |
| Net income | -$31.6M6 | -$10.4M7 | -$39.1M8 | -$31.7M9 | -$21.9M10 | -$39.8M2 | -$114.5M2 | -$86.0M2 |
| Earnings per share | -$0.482 | -$1.362 | -$1.002 | |||||
| Earnings per share (diluted) | -$0.482 | -$1.362 | -$1.002 | |||||
| Shares (weighted, basic) | 82.9M shares2 | 84.4M shares2 | 86.0M shares2 | |||||
| Shares (weighted, diluted) | 82.9M shares2 | 84.4M shares2 | 86.0M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $116.6M6 | $101.5M6 | $129.6M7 | $181.8M8 | $220.3M9 | $220.7M10 | $143.5M2 | $68.7M2 |
| Receivables | $86.2M10 | $72.6M2 | $54.3M2 | |||||
| Inventory | $505.0K10 | $620.0K2 | $727.0K2 | |||||
| Current assets | $279.8M14 | $300.9M6 | $299.0M7 | $321.8M8 | $346.2M9 | $333.4M10 | $234.3M2 | $138.1M2 |
| Property, plant and equipment | $8.4M10 | $4.6M2 | $2.1M2 | |||||
| Goodwill | $425.9M10 | $425.5M2 | $425.5M2 | |||||
| Intangible assets | $133.7M10 | $106.2M2 | $83.2M2 | |||||
| Total assets | $995.1M14 | $1.1B6 | $1.0B7 | $1.0B8 | $1.0B9 | $987.3M10 | $840.9M2 | $724.8M2 |
| Accounts payable | $15.1M10 | $18.8M2 | $9.0M2 | |||||
| Current liabilities | $199.5M14 | $242.6M6 | $260.5M7 | $293.4M8 | $294.3M9 | $266.5M10 | $245.6M2 | $202.1M2 |
| Total liabilities | $303.7M14 | $326.0M6 | $343.5M7 | $381.2M8 | $377.6M9 | $339.2M10 | $282.9M2 | $223.5M2 |
| Retained earnings | -$269.6M10 | -$384.1M2 | -$470.2M2 | |||||
| Shareholders’ equity | $725.5M7 | $731.1M8 | $692.7M9 | $666.9M10 | $667.8M2 | $648.1M2 | $558.0M2 | $501.3M2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$6.8M6 | $787.0K7 | $57.2M8 | $78.8M9 | $60.6M10 | $24.5M2 | -$58.7M2 | -$59.2M2 |
| Depreciation and amortization | $40.5M2 | $36.7M2 | $31.9M2 | |||||
| Stock-based compensation | $30.4M2 | $36.9M2 | $35.1M2 | |||||
| Capital spending | $19.4M6 | $13.8M7 | $10.2M8 | $12.6M9 | $3.0M10 | $2.1M2 | $2.3M2 | $1.2M2 |
| Free cash flow | -$26.2M | -$13.0M | $47.0M | $66.2M | $57.6M | $22.4M | -$61.1M | -$60.3M |
| Cash from investing | -$8.2M2 | -$6.0M2 | -$6.4M2 | |||||
| Cash from financing | -$8.4M2 | -$8.9M2 | -$6.2M2 |
Corporate structure
SecureWorks Corp sits at the top of its group. 7 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SecureWorks Corp
- GARDNER LEWIS ASSET MANAGEMENT L P Filed SCHEDULE 13G/A on SecureWorks Corp, latest Apr 17, 2025 (2 filings since Feb 13, 2025)
- Dell Technologies Filed SCHEDULE 13G/A on SecureWorks Corp, latest Feb 6, 2025
- GLAZER CAPITAL, LLC Filed SCHEDULE 13G on SecureWorks Corp, latest Jan 30, 2025
- Neil Gagnon Filed SC 13G/A on SecureWorks Corp, latest Dec 6, 2024 (7 filings since Oct 4, 2021)
- First Eagle Investment Management, LLC Filed SC 13G/A on SecureWorks Corp, latest Nov 12, 2024 (2 filings since Feb 8, 2024)
- VANGUARD GROUP INC Filed SC 13G/A on SecureWorks Corp, latest Nov 12, 2024 (5 filings since Feb 10, 2022)
- ROYCE & ASSOCIATES LP Filed SC 13G/A on SecureWorks Corp, latest Oct 17, 2024 (4 filings since Jan 25, 2022)
- Cove Street Capital, LLC Filed SC 13G/A on SecureWorks Corp, latest Jun 28, 2022 (2 filings since Feb 25, 2022)
- ETF MANAGERS GROUP, LLC Filed SC 13G/A on SecureWorks Corp, latest Mar 21, 2022 (4 filings since Oct 12, 2021)
- BlackRock Filed SC 13G/A on SecureWorks Corp, latest Oct 8, 2021
- SecureWorks Corp Atlanta, Georgia
- SecureWorks Australia Pty. Ltd. Subsidiary · Australia
- SecureWorks Europe Limited Subsidiary · United Kingdom
- SecureWorks Europe S.R.L. Subsidiary · Romania
- SecureWorks India Private Limited Subsidiary · India
- SecureWorks Japan K.K. Subsidiary · Japan
- SecureWorks Software Canada ULC Subsidiary · Canada
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SecureWorks Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $42.6M2 Feb 2, 2024 | $54.6M2 Feb 3, 2023 | −22.1% |
| Accumulated depreciation | $40.4M2 Feb 2, 2024 | $50.0M2 Feb 3, 2023 | −19.1% |
| Property and equipment, net | $2.1M2 Feb 2, 2024 | $4.6M2 Feb 3, 2023 | −53.6% |
| Operating-lease assets (leased space) | $5.1M2 Feb 2, 2024 | $9.3M2 Feb 3, 2023 | −45.2% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $425.5M2 Feb 2, 2024 | $425.5M2 Feb 3, 2023 | 0% |
| Intangible assets, net (excluding goodwill) | $83.2M2 Feb 2, 2024 | $106.2M2 Feb 3, 2023 | −21.6% |
| Finite-lived intangibles, gross | $348.4M2 Feb 2, 2024 | $343.1M2 Feb 3, 2023 | +1.5% |
| Accumulated amortization | $295.3M2 Feb 2, 2024 | $267.0M2 Feb 3, 2023 | +10.6% |
| Finite-lived intangibles, net | $53.1M2 Feb 2, 2024 | $76.1M2 Feb 3, 2023 | −30.2% |
Inventory
Leadership
Who has led SecureWorks Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerWendy Thomas Sep 9, 2021 to Feb 4, 202515
- Chief executive officerMichael R. Cote Apr 25, 2016 to Jun 25, 202116
- PresidentWendy Thomas Apr 22, 2020 to Jul 2, 202117
- PresidentMichael R. Cote Apr 25, 2016 to Apr 6, 202016
- Chief financial officerAlpana Wegner Jun 16, 2023 to Feb 4, 202518
- Chief financial officerPaul Parrish Dec 17, 2019 to Apr 18, 202319
- Chief financial officerRoger Wayne Jackson Apr 21, 2016 to Dec 11, 201920
Board members and other officers (17)
- VP, Chief Accounting OfficerChristian Grant Apr 22, 2020 to Sep 27, 202321
- VP, Chief Accounting OfficerTeri L. Miller Dec 11, 2017 to Jan 31, 202022
- Chief Accounting OfficerHenry Lyon Apr 21, 2016 to Dec 11, 201723
- Pres. & Chief Exec. OfficerMichael R. Cote Apr 21, 2016 to Apr 21, 201624
- VP, Global Sales & MarketingTyler Thomas Winkler Apr 21, 2016 to Feb 6, 201725
- Board memberWilliam H. Cary Mar 20, 2024 to Feb 4, 202526
- Board memberWendy Thomas Sep 9, 2021 to Feb 4, 202515
- Board memberKyle D. Paster May 15, 2020 to May 15, 202027
- Board memberMichael Dell Apr 21, 2016 to Feb 5, 202528
- Board memberMichael R. Cote Apr 21, 2016 to Jun 25, 202124
- Board memberDavid Dorman Apr 25, 2016 to Sep 7, 201629
- Board memberJim Whitehurst Apr 25, 2016 to Apr 18, 201930
- Board memberMark Hawkins Apr 25, 2016 to Feb 4, 202531
- Board memberPamela Daley Apr 25, 2016 to Feb 4, 202532
- Board memberWilliam R. McDermott Apr 25, 2016 to Jan 3, 202033
- Board memberYagyensh C. Pati Sep 7, 2016 to Feb 4, 202534
- General counselGeorge B. Hanna Mar 17, 2022 to Feb 4, 202535
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- SecureWorks Australia Pty. Ltd. Australia4
- SecureWorks Europe Limited United Kingdom4
- SecureWorks Europe S.R.L. Romania4
- SecureWorks India Private Limited India4
- SecureWorks Japan K.K. Japan4
- SecureWorks SAS France4
- SecureWorks Software Canada ULC Canada4
- SecureWorks, Inc. Georgia4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- SecureWorks Holding CorpJul 21, 2009 to Oct 22, 20153
Timeline
- Feb 3, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer36
- Jan 22, 20258-K Other events37
- Dec 23, 20248-K Executive or director change38
- Dec 4, 20248-K Results of operations39
- Oct 21, 20248-K Regulation FD disclosure40
- Oct 21, 20248-K Entered a material agreement41
- Sep 5, 20248-K Results of operations42
- Jun 25, 20248-K Executive or director change; Shareholder vote43
- Jun 6, 20248-K Results of operations44
- Jun 6, 20248-K Results of operations45
- Mar 21, 20248-K Executive or director change46
- Mar 15, 20248-K Results of operations47
- Sep 9, 2021New chief executive Wendy Thomas becomes CEO15
- Apr 25, 2016New chief executive Michael R. Cote becomes CEO16
Calendar
When it reported results
- Dec 4, 2024Reported quarterly or annual results39
- Sep 5, 2024Reported quarterly or annual results42
- Jun 6, 2024Reported quarterly or annual results44
- Jun 6, 2024Reported quarterly or annual results45
- Mar 15, 2024Reported quarterly or annual results47
- Mar 14, 2024Reported quarterly or annual results48
- Dec 7, 2023Reported quarterly or annual results49
- Sep 7, 2023Reported quarterly or annual results50
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
233 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 28 major events, 144 insider forms, 29 large holders, 19 other. The latest 20:
- Apr 17, 2025SCHEDULE 13G/A EDGAR
- Feb 13, 202515-12G EDGAR
- Feb 13, 2025SCHEDULE 13G EDGAR
- Feb 6, 2025SCHEDULE 13G/A EDGAR
- Feb 5, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 5, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
- Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
The 233 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
66 open-market trades by officers, directors and large owners since October 2021: 66 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 3, 2024 | Gagnon Neil | Buy | 9,531 | $5.85 | $55.8K | Form 4 |
| May 14, 2024 | Gagnon Neil | Buy | 7,920 | $6.36 | $50.4K | Form 4 |
| May 13, 2024 | Gagnon Neil | Buy | 1,313 | $6.28 | $8.2K | Form 4 |
| Apr 23, 2024 | Gagnon Neil | Buy | 17,823 | $5.99 | $106.8K | Form 4 |
| Feb 13, 2024 | Gagnon Neil | Buy | 5,731 | $6.72 | $38.5K | Form 4 |
| Feb 12, 2024 | Gagnon Neil | Buy | 1,169 | $6.80 | $7.9K | Form 4 |
| Feb 1, 2024 | Gagnon Neil | Buy | 55 | $6.80 | $374 | Form 4 |
| Jan 30, 2024 | Gagnon Neil | Buy | 5,000 | $6.80 | $34.0K | Form 4 |
| Jan 10, 2024 | Gagnon Neil | Buy | 1,900 | $6.55 | $12.4K | Form 4 |
| Jan 9, 2024 | Gagnon Neil | Buy | 5,000 | $6.48 | $32.4K | Form 4 |
| Jan 8, 2024 | Gagnon Neil | Buy | 6,694 | $6.34 | $42.4K | Form 4 |
| Jul 17, 2023 | Gagnon Neil | Buy | 636 | $7.45 | $4.7K | Form 4 |
| Jul 7, 2023 | Gagnon Neil | Buy | 3,126 | $6.99 | $21.9K | Form 4 |
| Jul 6, 2023 | Gagnon Neil | Buy | 6,725 | $6.84 | $46.0K | Form 4 |
| Jun 27, 2023 | Gagnon Neil | Buy | 5,107 | $6.99 | $35.7K | Form 4 |
| Jun 26, 2023 | Gagnon Neil | Buy | 5,830 | $7.00 | $40.8K | Form 4 |
| Jun 21, 2023 | Gagnon Neil | Buy | 4,852 | $6.85 | $33.2K | Form 4 |
| Jun 13, 2023 | Gagnon Neil | Buy | 9,911 | $6.96 | $69.0K | Form 4 |
| Jun 12, 2023 | Gagnon Neil | Buy | 27,205 | $6.80 | $185.0K | Form 4 |
| Jun 9, 2023 | Gagnon Neil | Buy | 10,572 | $6.87 | $72.6K | Form 4 |
All 66 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GARDNER LEWIS ASSET MANAGEMENT L PSCHEDULE 13G/A, 2 filings Feb 13, 2025 to Apr 17, 202551
- Dell TechnologiesSCHEDULE 13G/A, 1 filing Feb 6, 202552
- GLAZER CAPITAL, LLCSCHEDULE 13G, 1 filing Jan 30, 202553
- Neil GagnonSC 13G/A, 7 filings Oct 4, 2021 to Dec 6, 202454
- First Eagle Investment Management, LLCSC 13G/A, 2 filings Feb 8, 2024 to Nov 12, 202455
- VANGUARD GROUP INCSC 13G/A, 5 filings Feb 10, 2022 to Nov 12, 202456
- ROYCE & ASSOCIATES LPSC 13G/A, 4 filings Jan 25, 2022 to Oct 17, 202457
- Cove Street Capital, LLCSC 13G/A, 2 filings Feb 25, 2022 to Jun 28, 202258
- ETF MANAGERS GROUP, LLCSC 13G/A, 4 filings Oct 12, 2021 to Mar 21, 202259
- BlackRockSC 13G/A, 1 filing Oct 8, 202160
SEC filer profile
How SecureWorks Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSecureWorks Corp1
- CIK0001468666
- Employer ID (EIN)27-04633491
- Filer statusAccelerated filer1
- Incorporated inDelaware1
- Fiscal year endsJanuary 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business addressOne Concourse Parkway, Suite 500, Atlanta, GA 303281
- Phone40492918101
- Public float$103.0M as of Aug 4, 20232
- On EDGAR sinceJul 21, 20091
- Filings539 in all: 4 (250), 8-K (70), SC 13G/A (53), 10-Q (27), 3 (25), SC 13G (19), 10-K (8), DEF 14A (8)1
All 35 form types
DEFA14A (8), UPLOAD (8), SC 13D/A (7), S-8 (6), S-8 POS (6), CORRESP (5), CT ORDER (4), DRS/A (4), DRSLTR (4), 8-K/A (3), S-1/A (3), 4/A (2), ARS (2), D (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERTNAS (1), DEFM14C (1), DRS (1), EFFECT (1), PREM14C (1), S-1 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 22, 2024
Quarterly report (10-Q) Dec 4, 2024
Proxy statement (DEF 14A) May 15, 2024
Latest 8-K (8-K) Feb 3, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARWendy Thomas, President
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- 23SEC EDGARHenry Lyon, Chief Accounting Officer
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- 26SEC EDGARWilliam H. Cary, Board member
- 27SEC EDGARKyle D. Paster, Board member
- 28SEC EDGARMichael Dell, Board member
- 29SEC EDGARDavid Dorman, Board member
- 30SEC EDGARJim Whitehurst, Board member
- 31SEC EDGARMark Hawkins, Board member
- 32SEC EDGARPamela Daley, Board member
- 33SEC EDGARWilliam R. McDermott, Board member
- 34SEC EDGARYagyensh C. Pati, Board member
- 35SEC EDGARGeorge B. Hanna, General counsel
- 36
- 37SEC EDGAROther events
- 38SEC EDGARExecutive or director change
- 39SEC EDGARResults of operations
- 40SEC EDGARRegulation FD disclosure
- 41SEC EDGAREntered a material agreement
- 42SEC EDGARResults of operations
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- 44SEC EDGARResults of operations
- 45SEC EDGARResults of operations
- 46SEC EDGARExecutive or director change
- 47SEC EDGARResults of operations
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