Private company

SecureWorks Corp

We are a leading global cybersecurity provider of technology-driven solutions singularly focused on protecting our customers.4 From its latest annual report

Last updated Oct 19, 2026.

Overview

$365.9MRevenue, fiscal 20242
-$86.0MNet income, fiscal 20242
  • 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.4 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

59.5%Gross margin2
-30.6%Operating margin2
-23.5%Net margin2
-21.1%Revenue growth, 20242
-17.2%Return on equity2
-$60.3MFree cash flow2

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

Revenue567892$365.9M in 2024−15% since 2017
0$200.0M$400.0M$600.0M2017: $432.8M$432.8M20172018: $467.9M$467.9M2018+8%2019: $518.7M$518.7M2019+11%2020: $552.8M$552.8M2020+7%2021: $561.0M$561.0M2021+1%2022: $535.2M$535.2M2022−5%2023: $463.5M$463.5M2023−13%2024: $365.9M$365.9M2024−21%
Gross profit567892$217.8M in 2024−1% since 2017
0$100.0M$200.0M$300.0M$400.0M2017: $220.3M$220.3M20172018: $242.8M$242.8M2018+10%2019: $272.6M$272.6M2019+12%2020: $300.0M$300.0M2020+10%2021: $318.9M$318.9M2021+6%2022: $318.1M$318.1M2022−0%2023: $272.4M$272.4M2023−14%2024: $217.8M$217.8M2024−20%
Operating income567892-$112.0M in 2024+100% since 2017
-$150.0M-$100.0M-$50.0M02017: -$55.9M-$55.9M20172018: -$70.0M-$70.0M2018+25%2019: -$48.7M-$48.7M2019−30%2020: -$52.2M-$52.2M2020+7%2021: -$32.8M-$32.8M2021−37%2022: -$52.4M-$52.4M2022+60%2023: -$148.0M-$148.0M2023+183%2024: -$112.0M-$112.0M2024−24%
Net income567892-$86.0M in 2024+172% since 2017
-$150.0M-$100.0M-$50.0M02017: -$31.6M-$31.6M20172018: -$10.4M-$10.4M2018−67%2019: -$39.1M-$39.1M2019+275%2020: -$31.7M-$31.7M2020−19%2021: -$21.9M-$21.9M2021−31%2022: -$39.8M-$39.8M2022+82%2023: -$114.5M-$114.5M2023+188%2024: -$86.0M-$86.0M2024−25%
Fiscal year20172018201920202021202220232024
Revenue$432.8M5$467.9M6$518.7M7$552.8M8$561.0M9$535.2M2$463.5M2$365.9M2
Cost of revenue$212.6M13$226.7M13$246.1M7$252.8M8$242.2M9$217.1M2$191.1M2$148.1M2
Gross profit$220.3M5$242.8M6$272.6M7$300.0M8$318.9M9$318.1M2$272.4M2$217.8M2
Research and development$71.0M5$80.2M6$87.6M7$95.0M8$105.0M9$122.5M2$139.8M2$111.0M2
Selling, general and admin
Operating expenses$370.5M2$420.4M2$329.7M2
Operating income-$55.9M5-$70.0M6-$48.7M7-$52.2M8-$32.8M9-$52.4M2-$148.0M2-$112.0M2
Income before tax-$55.9M2-$146.8M2-$114.5M2
Income tax-$21.7M5-$62.3M6-$6.9M7-$19.7M8-$9.9M9-$16.1M2-$32.3M2-$28.5M2
Net income-$31.6M5-$10.4M6-$39.1M7-$31.7M8-$21.9M9-$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 shares284.4M shares286.0M shares2
Shares (weighted, diluted)82.9M shares284.4M shares286.0M shares2

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Leadership

Who has led SecureWorks Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michael R. Cote2016–2021
  2. Wendy Thomas2021–2025

President

  1. Michael R. Cote2016–2020
  2. Wendy Thomas2020–2021

Chief financial officer

  1. Roger Wayne Jackson2016–2019
  2. Paul Parrish2019–2023
  3. Alpana Wegner2023–2025
20202025
Board members and other officers (17)

Former names

  • SecureWorks Holding CorpJul 21, 2009 to Oct 22, 20153

Timeline

  1. Sep 9, 2021New chief executive Wendy Thomas becomes CEO14
  2. Apr 25, 2016New chief executive Michael R. Cote becomes CEO15

Filings

231 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 28 major events, 144 insider forms, 27 large holders, 19 other. The latest 20:

  1. Apr 17, 2025SCHEDULE 13G/A EDGAR
  2. Feb 13, 202515-12G EDGAR
  3. Feb 13, 2025SCHEDULE 13G EDGAR
  4. Feb 5, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  5. Feb 5, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  6. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  7. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  8. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  9. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  13. Feb 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  14. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  15. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  16. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  17. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  18. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  19. Feb 3, 2025S-8 POS AMENDMENT NO. 1 EDGAR
  20. Feb 3, 20258-K EDGAR

The 231 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.

DateWhoTradeSharesPriceValueFiling
Jun 3, 2024Gagnon NeilBuy9,531$5.85$55.8KForm 4
May 14, 2024Gagnon NeilBuy7,920$6.36$50.4KForm 4
May 13, 2024Gagnon NeilBuy1,313$6.28$8.2KForm 4
Apr 23, 2024Gagnon NeilBuy17,823$5.99$106.8KForm 4
Feb 13, 2024Gagnon NeilBuy5,731$6.72$38.5KForm 4
Feb 12, 2024Gagnon NeilBuy1,169$6.80$7.9KForm 4
Feb 1, 2024Gagnon NeilBuy55$6.80$374Form 4
Jan 30, 2024Gagnon NeilBuy5,000$6.80$34.0KForm 4
Jan 10, 2024Gagnon NeilBuy1,900$6.55$12.4KForm 4
Jan 9, 2024Gagnon NeilBuy5,000$6.48$32.4KForm 4
Jan 8, 2024Gagnon NeilBuy6,694$6.34$42.4KForm 4
Jul 17, 2023Gagnon NeilBuy636$7.45$4.7KForm 4
Jul 7, 2023Gagnon NeilBuy3,126$6.99$21.9KForm 4
Jul 6, 2023Gagnon NeilBuy6,725$6.84$46.0KForm 4
Jun 27, 2023Gagnon NeilBuy5,107$6.99$35.7KForm 4
Jun 26, 2023Gagnon NeilBuy5,830$7.00$40.8KForm 4
Jun 21, 2023Gagnon NeilBuy4,852$6.85$33.2KForm 4
Jun 13, 2023Gagnon NeilBuy9,911$6.96$69.0KForm 4
Jun 12, 2023Gagnon NeilBuy27,205$6.80$185.0KForm 4
Jun 9, 2023Gagnon NeilBuy10,572$6.87$72.6KForm 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.

Sources

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