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NABL logoN-able, Inc.(NABL)Earnings, Financials & Key Ratios

NABL•NYSE
$5.15
$969M mkt cap·Price updated May 7, 2026
SectorTechnologyIndustryIT ServicesSub-IndustryManaged IT Services and Outsourcing
AboutN-able, Inc. provides cloud-based software solutions for managed service providers (MSPs) in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises. Its software platform is designed to be an enterprise-grade solution that serves as an operating system for its MSP partners and scales as their businesses grow. The company's platform consists of solution categories including remote monitoring and management; security and data protection solutions through its data protection, patch management, endpoint security, web protection, e-mail security and archiving, and vulnerability assessment solutions; and business management, such as professional services automation, automation and scripting management, password management policies and reporting and analytics. The company was founded in 2000 and is headquartered in Burlington, Massachusetts.Show more
  • Revenue$511M+9.7%
  • EBITDA$102M-5.9%
  • Net Income-$17M-155.0%
  • EPS (Diluted)-0.09-156.7%
  • Gross Margin76.81%-7.1%
  • EBITDA Margin19.89%-14.2%
  • Operating Margin11.28%-36.2%
  • Net Margin-3.33%-150.1%
  • ROE-2.18%-151.7%
  • ROIC3.94%-37.0%
  • Debt/Equity0.57+17.5%
  • Interest Coverage1.07-62.0%
Technical→

NABL Key Insights

N-able, Inc. (NABL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 11.0%
  • ✓Trading at only 1.2x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.8%
  • ✗Profits declining 18.9% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

NABL Price & Volume

N-able, Inc. (NABL) stock price & volume — 10-year historical chart

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NABL Growth Metrics

N-able, Inc. (NABL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years11.05%
3 Years11.22%
TTM11.07%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-164.17%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-165.73%

Return on Capital

10 Years4.45%
5 Years5.35%
3 Years6.24%
Last Year4.77%

NABL Recent Earnings

N-able, Inc. (NABL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 7, 2026
EPS
$0.09
Est $0.09
+0.0%
Revenue
$134M
Est $132M
+1.6%
Q1 2026
Feb 19, 2026
EPS
$0.06
Est $0.10
-40.0%
Revenue
$130M
Est $127M
+2.5%
Q4 2025
Nov 6, 2025
EPS
$0.13
Est $0.09
+44.4%
Revenue
$132M
Est $127M
+3.7%
Q3 2025
Aug 7, 2025
EPS
$0.11
Est $0.09
+22.2%
Revenue
$131M
Est $127M
+3.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.09vs $0.09+0.0%
$134Mvs $132M+1.6%
Q1 2026Feb 19, 2026
$0.06vs $0.10-40.0%
$130Mvs $127M+2.5%
Q4 2025Nov 6, 2025
$0.13vs $0.09+44.4%
$132Mvs $127M+3.7%
Q3 2025Aug 7, 2025
$0.11vs $0.09+22.2%
$131Mvs $127M+3.5%
Based on last 12 quarters of dataView full earnings history →

NABL Peer Comparison

N-able, Inc. (NABL) competitors in Managed IT Services and Outsourcing — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
DDOG logoDDOGDatadog, Inc.Direct Competitor67.18B188.73629.1027.68%3.69%3.78%0.41
CNXN logoCNXNPC Connection, Inc.Direct Competitor1.65B65.3519.982.52%3.02%9.67%0.00
CWAN logoCWANClearwater Analytics Holdings, Inc.Direct Competitor7.21B24.29-173.5061.88%-5.82%-2.38%0.43
VRNS logoVRNSVaronis Systems, Inc.Direct Competitor3.37B28.68-25.3813.17%-20.71%-27.37%0.96
ARLO logoARLOArlo Technologies, Inc.Direct Competitor1.62B14.90106.433.6%5.47%22.92%0.05
ATLO logoATLOAmes National CorporationProduct Competitor253.32M28.6013.366.29%9.7%0.29
NTNX logoNTNXNutanix, Inc.Product Competitor12.43B45.9370.6618.11%9.95%
ANET logoANETArista Networks, Inc.Product Competitor178.49B141.7551.5528.6%38.32%30.58%

Compare NABL vs Peers

N-able, Inc. (NABL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DDOG

Most directly comparable listed peer for NABL.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare NABL against a more recognizable public peer.

Peer Set

Compare Top 5

vs DDOG, CNXN, CWAN, VRNS

NABL Income Statement

N-able, Inc. (NABL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue228.29M263.52M302.87M346.46M371.77M421.88M466.15M511.43M522.67M
Revenue Growth %-15.43%14.93%14.39%7.31%13.48%10.49%9.71%11.07%
Cost of Goods Sold57.35M57.32M63.17M52.43M58.61M68.21M80.68M118.58M113.03M
COGS % of Revenue25.12%21.75%20.86%15.13%15.77%16.17%17.31%23.19%-
Gross Profit
170.95M▲ 0%
206.2M▲ 20.6%
239.7M▲ 16.2%
294.02M▲ 22.7%
313.16M▲ 6.5%
353.67M▲ 12.9%
385.47M▲ 9.0%
392.85M▲ 1.9%
409.63M▲ 0%
Gross Margin %74.88%78.25%79.14%84.87%84.23%83.83%82.69%76.81%78.37%
Gross Profit Growth %-20.62%16.25%22.66%6.51%12.94%8.99%1.91%-
Operating Expenses152.17M169.59M205.93M260.69M265.76M283.35M303.1M335.19M358.89M
OpEx % of Revenue66.66%64.35%67.99%75.25%71.49%67.16%65.02%65.54%-
Selling, General & Admin95.56M109.22M139.37M193.25M196.43M204.58M212.11M254.88M245.49M
SG&A % of Revenue41.86%41.45%46.01%55.78%52.84%48.49%45.5%49.84%-
Research & Development32.89M37.17M42.72M53.96M63.48M78.18M90.71M100.71M106.87M
R&D % of Revenue14.41%14.11%14.1%15.57%17.08%18.53%19.46%19.69%-
Other Operating Expenses-1.74M23.19M23.85M13.48M5.85M597K278K-20.41M1.5M
Operating Income
18.77M▲ 0%
36.61M▲ 95.0%
33.77M▼ 7.8%
33.33M▼ 1.3%
47.4M▲ 42.2%
70.32M▲ 48.4%
82.37M▲ 17.1%
57.66M▼ 30.0%
50.25M▲ 0%
Operating Margin %8.22%13.89%11.15%9.62%12.75%16.67%17.67%11.28%9.61%
Operating Income Growth %-95.01%-7.77%-1.29%42.2%48.36%17.14%-29.99%-
EBITDA74.8M90.75M90.22M66.36M70.67M90.39M108.09M101.72M79.48M
EBITDA Margin %32.76%34.44%29.79%19.15%19.01%21.43%23.19%19.89%15.21%
EBITDA Growth %-21.33%-0.59%-26.44%6.49%27.91%19.58%-5.9%-15.47%
D&A (Non-Cash Add-back)56.02M54.14M56.45M33.03M23.27M20.07M25.73M44.06M29.23M
EBIT17.03M37M32.99M32.06M49.28M74.58M84.3M38.39M41.73M
Net Interest Income-34.52M-33.8M-28.14M-20.47M-18.85M-30.25M-30.03M-36M-28.93M
Interest Income000000000
Interest Expense34.52M33.8M28.14M20.47M18.85M30.25M30.03M36M21.34M
Other Income/Expense-36.27M-33.42M-28.91M-21.74M-16.97M-25.99M-28.1M-55.27M-31.54M
Pretax Income
-17.49M▲ 0%
3.19M▲ 118.3%
4.86M▲ 52.1%
11.59M▲ 138.7%
30.43M▲ 162.5%
44.33M▲ 45.7%
54.27M▲ 22.4%
2.39M▼ 95.6%
10.44M▲ 0%
Pretax Margin %-7.66%1.21%1.6%3.35%8.18%10.51%11.64%0.47%2%
Income Tax-3.8M5.71M12.01M11.48M13.72M20.91M23.31M19.42M20.92M
Effective Tax Rate %21.72%178.67%247.41%99.03%45.09%47.18%42.96%812.34%200.45%
Net Income
-13.69M▲ 0%
-2.51M▲ 81.7%
-7.16M▼ 185.0%
113K▲ 101.6%
16.71M▲ 14685.0%
23.41M▲ 40.1%
30.96M▲ 32.2%
-17.03M▼ 155.0%
-10.48M▲ 0%
Net Margin %-6%-0.95%-2.36%0.03%4.49%5.55%6.64%-3.33%-2.01%
Net Income Growth %-81.65%-184.95%101.58%14684.96%40.13%32.23%-155.02%-164.17%
Net Income (Continuing)-13.69M-2.51M-7.16M113K16.71M23.41M30.96M-17.03M-10.48M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-0.04▲ 0%
-0.01▲ 81.6%
-0.02▼ 183.8%
0.00▲ 103.1%
0.09▲ 13071.4%
0.13▲ 41.0%
0.16▲ 23.1%
-0.09▼ 156.7%
-0.06▲ 0%
EPS Growth %-81.57%-103.08%-41%23.08%-156.69%-165.73%
EPS (Basic)-0.04-0.01-0.020.000.090.130.17-0.09-
Diluted Shares Outstanding315.4M315.4M315.4M179.05M181.3M185.98M188.43M187.82M187.55M
Basic Shares Outstanding315.4M315.4M315.4M179.05M180.14M182.37M185.28M187.82M187.55M
Dividend Payout Ratio---191150.44%-----

NABL Balance Sheet

N-able, Inc. (NABL) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets104.78M71.37M135.72M120.99M154.16M224.79M183.92M216.44M210.98M
Cash & Short-Term Investments77.87M39.35M99.79M66.74M98.85M153.05M85.2M111.84M117.81M
Cash Only77.87M39.35M99.79M66.74M98.85M153.05M85.2M111.84M117.81M
Short-Term Investments000000000
Accounts Receivable22.09M26.95M30.35M40.29M42.61M48.01M85.42M83.11M60.31M
Days Sales Outstanding35.3237.3336.5742.4541.8441.5466.8859.3151.96
Inventory000000000
Days Inventory Outstanding---------
Other Current Assets678K00012.7M23.73M13.31M21.49M32.85M
Total Non-Current Assets970.7M942.42M944.01M934.71M924.7M938M1.15B1.19B1.18B
Property, Plant & Equipment13.2M23.69M33.29M74.95M69.16M68.91M64.16M66.63M72.9M
Fixed Asset Turnover17.30x11.12x9.10x4.62x5.38x6.12x7.27x7.68x7.56x
Goodwill832.52M836.64M874.08M840.92M828.79M838.5M977.01M1.02B1.01B
Intangible Assets120.01M74.77M27.37M8.07M8.87M6.72M83.15M64.79M59.99M
Long-Term Investments000000002.8M
Other Non-Current Assets4.97M3.59M6.29M9.09M17.08M22.79M28.57M37.75M136.08M
Total Assets
1.08B▲ 0%
1.01B▼ 5.7%
1.08B▲ 6.5%
1.06B▼ 2.2%
1.08B▲ 2.2%
1.16B▲ 7.8%
1.34B▲ 15.1%
1.41B▲ 5.3%
1.4B▲ 0%
Asset Turnover0.21x0.26x0.28x0.33x0.34x0.36x0.35x0.36x0.37x
Asset Growth %--5.74%6.51%-2.23%2.19%7.78%15.14%5.31%40.77%
Total Current Liabilities54.46M32.79M54.83M60.88M61.81M81.72M150.1M181.81M167.4M
Accounts Payable6.38M1.97M5.54M5.87M3.54M5.24M6.29M9M13.73M
Days Payables Outstanding40.6112.5432.0240.8322.0728.0428.4627.730.89
Short-Term Debt0003.5M3.5M3.5M3.5M11.2M10.36M
Deferred Revenue (Current)07.91M9.5M10.68M11.74M12.65M23.98M24.49M82.86M
Other Current Liabilities11.33M5.57M9.58M0027.1M44.02M127.32M122.63M
Current Ratio1.92x2.18x2.48x1.99x2.49x2.75x1.23x1.19x1.19x
Quick Ratio1.92x2.18x2.48x1.99x2.49x2.75x1.23x1.19x1.19x
Cash Conversion Cycle--------21.07
Total Non-Current Liabilities469.27M417.3M393.71M376.47M374.97M369.71M429.46M423.44M429.09M
Long-Term Debt450M394.4M372.65M335.38M333.49M331.51M329.61M419.16M36.2M
Capital Lease Obligations011.92M14.64M37.82M33.11M33.06M30.07M29.28M91.96M
Deferred Tax Liabilities010.63M5.85M2.63M2.78M1.82M3.45M1.85M9.06M
Other Non-Current Liabilities19.27M87K406K410K5.2M3.15M63.34M-28.6M482.39M
Total Liabilities523.73M450.09M448.54M437.34M436.79M451.43M579.56M605.25M596.49M
Total Debt450M408.43M390.15M381.53M375.87M374.52M369.19M459.64M46.56M
Net Debt372.13M369.08M290.36M314.8M277.02M221.47M284M347.81M-71.25M
Debt / Equity0.82x0.72x0.62x0.62x0.59x0.53x0.49x0.57x0.57x
Debt / EBITDA6.02x4.50x4.32x5.75x5.32x4.14x3.42x4.52x0.59x
Net Debt / EBITDA4.98x4.07x3.22x4.74x3.92x2.45x2.63x3.42x3.42x
Interest Coverage0.49x1.09x1.17x1.57x2.61x2.47x2.81x1.07x1.96x
Total Equity
551.75M▲ 0%
563.7M▲ 2.2%
631.2M▲ 12.0%
618.36M▼ 2.0%
642.07M▲ 3.8%
711.36M▲ 10.8%
759.29M▲ 6.7%
804.65M▲ 6.0%
798.83M▲ 0%
Equity Growth %-2.17%11.97%-2.03%3.84%10.79%6.74%5.97%27.11%
Book Value per Share1.751.792.003.453.543.824.034.284.26
Total Shareholders' Equity551.75M563.7M631.2M618.36M642.07M711.36M759.29M804.65M798.83M
Common Stock537.28M557.12M582.21M179K181K183K187K190K191K
Retained Earnings000127K16.83M40.25M71.2M54.17M53.56M
Treasury Stock0000000-30M0
Accumulated OCI14.47M6.58M48.99M15.05M-7.82M4.41M-21.09M33.69M20.66M
Minority Interest000000000

NABL Cash Flow Statement

N-able, Inc. (NABL) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations52.33M25.54M85.67M45.34M71.41M90.09M79.44M93.2M93.2M
Operating CF Margin %22.92%9.69%28.28%13.09%19.21%21.35%17.04%18.22%-
Operating CF Growth %--51.19%235.42%-47.07%57.5%26.15%-11.82%17.33%-15.89%
Net Income-13.69M-2.51M-7.16M113K16.71M23.41M30.96M-17.03M-10.48M
Depreciation & Amortization56.02M54.14M56.45M33.77M24.44M20.07M25.73M44.06M45M
Stock-Based Compensation1.8M8.66M21.05M29.43M36.53M43.57M45.35M46.59M45.98M
Deferred Taxes-10.54M-4.73M-4.05M-1.91M-1.42M330K-1.95M-3.82M-3.85M
Other Non-Cash Items3.45M1.14M3.19M3.85M119K576K377K24.74M16.14M
Working Capital Changes15.29M-31.16M16.18M-19.91M-4.96M2.13M-21.02M-1.33M-1.78M
Change in Receivables-4.94M-5.29M-3.69M-11.57M-4.13M-7.23M-21.84M-436K-11.79M
Change in Inventory19.32M00000000
Change in Payables791K-236K3.27M-455K-1.62M1.83M-461K2.54M6.75M
Cash from Investing-22.93M-23.04M-16.14M-34.83M-30.21M-22.34M-122.42M-28.96M-27.12M
Capital Expenditures-9.92M-5.79M-11.92M-30.66M-12.83M-13.78M-17.57M-18.14M-16.54M
CapEx % of Revenue4.35%2.2%3.94%8.85%3.45%3.27%3.77%3.55%-
Acquisitions-13M-14.82M00-9.2M0-98.69M00
Investments---------
Other Investing-451K-2.42M-4.22M-4.17M-8.18M-8.56M-6.16M-10.82M-10.58M
Cash from Financing20.58M-42.81M-10.56M-42.32M-10.4M-15.17M-22.59M-40.63M-37.76M
Debt Issued (Net)0-55.6M-21.75M-23.52M-3.5M-3.5M-3.5M57.3M55.55M
Equity Issued (Net)000216M0-11.98M0-27.68M-28.98M
Dividends Paid000-216M00000
Share Repurchases00000-11.98M0-30.04M-28.86M
Other Financing20.58M12.79M11.19M-18.8M-6.9M303K-19.09M-70.24M-64.33M
Net Change in Cash
47.44M▲ 0%
-38.52M▼ 181.2%
60.44M▲ 256.9%
-33.05M▼ 154.7%
32.11M▲ 197.1%
54.2M▲ 68.8%
-67.85M▼ 225.2%
26.64M▲ 139.3%
23.72M▲ 0%
Free Cash Flow
42.4M▲ 0%
17.32M▼ 59.1%
69.53M▲ 301.3%
10.51M▼ 84.9%
50.4M▲ 379.7%
67.75M▲ 34.4%
55.71M▼ 17.8%
75.06M▲ 34.7%
74.46M▲ 0%
FCF Margin %18.57%6.57%22.96%3.03%13.56%16.06%11.95%14.68%14.25%
FCF Growth %--59.14%301.3%-84.89%379.66%34.42%-17.77%34.74%4.51%
FCF per Share0.130.050.220.060.280.360.300.400.40
FCF Conversion (FCF/Net Income)-3.82x-10.17x-11.97x401.25x4.27x3.85x2.57x-5.47x-7.10x
Interest Paid24.85M52.68M26.6M20.39M15.57M28.44M28.69M012.52M
Taxes Paid3.78M8.94M14.21M19.03M16.3M14.93M12.77M09.4M

NABL Key Ratios

N-able, Inc. (NABL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Return on Equity (ROE)-0.45%-1.2%0.02%2.65%3.46%4.21%-2.18%-1.3%
Return on Invested Capital (ROIC)2.96%2.73%2.7%3.84%5.7%6.25%3.94%3.94%
Gross Margin78.25%79.14%84.87%84.23%83.83%82.69%76.81%78.37%
Net Margin-0.95%-2.36%0.03%4.49%5.55%6.64%-3.33%-2.01%
Debt / Equity0.72x0.62x0.62x0.59x0.53x0.49x0.57x0.57x
Interest Coverage1.09x1.17x1.57x2.61x2.47x2.81x1.07x1.96x
FCF Conversion-10.17x-11.97x401.25x4.27x3.85x2.57x-5.47x-7.10x
Revenue Growth15.43%14.93%14.39%7.31%13.48%10.49%9.71%11.07%

NABL SEC Filings & Documents

N-able, Inc. (NABL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

Feb 19, 2026·SEC

Material company update

Dec 17, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 7, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

NABL Frequently Asked Questions

N-able, Inc. (NABL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

N-able, Inc. (NABL) reported $522.7M in revenue for fiscal year 2025. This represents a 129% increase from $228.3M in 2018.

N-able, Inc. (NABL) grew revenue by 9.7% over the past year. This is steady growth.

N-able, Inc. (NABL) reported a net loss of $10.5M for fiscal year 2025.

Dividend & Returns

N-able, Inc. (NABL) has a return on equity (ROE) of -2.2%. Negative ROE indicates the company is unprofitable.

N-able, Inc. (NABL) generated $74.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More NABL

N-able, Inc. (NABL) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

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