8-K Announcements
6May 7, 2026·SEC
Feb 19, 2026·SEC
Dec 17, 2025·SEC
N-able, Inc. (NABL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
N-able, Inc. (NABL) stock price & volume — 10-year historical chart
N-able, Inc. (NABL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
N-able, Inc. (NABL) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.09vs $0.09+0.0% | $134Mvs $132M+1.6% |
| Q1 2026 | Feb 19, 2026 | $0.06vs $0.10-40.0% | $130Mvs $127M+2.5% |
| Q4 2025 | Nov 6, 2025 | $0.13vs $0.09+44.4% | $132Mvs $127M+3.7% |
| Q3 2025 | Aug 7, 2025 | $0.11vs $0.09+22.2% | $131Mvs $127M+3.5% |
N-able, Inc. (NABL) competitors in Managed IT Services and Outsourcing — business model, growth, and fundamentals comparison
N-able, Inc. (NABL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
N-able, Inc. (NABL) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 228.29M | 263.52M | 302.87M | 346.46M | 371.77M | 421.88M | 466.15M | 511.43M | 522.67M |
| Revenue Growth % | - | 15.43% | 14.93% | 14.39% | 7.31% | 13.48% | 10.49% | 9.71% | 11.07% |
| Cost of Goods Sold | 57.35M | 57.32M | 63.17M | 52.43M | 58.61M | 68.21M | 80.68M | 118.58M | 113.03M |
| COGS % of Revenue | 25.12% | 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 Expenses | 152.17M | 169.59M | 205.93M | 260.69M | 265.76M | 283.35M | 303.1M | 335.19M | 358.89M |
| OpEx % of Revenue | 66.66% | 64.35% | 67.99% | 75.25% | 71.49% | 67.16% | 65.02% | 65.54% | - |
| Selling, General & Admin | 95.56M | 109.22M | 139.37M | 193.25M | 196.43M | 204.58M | 212.11M | 254.88M | 245.49M |
| SG&A % of Revenue | 41.86% | 41.45% | 46.01% | 55.78% | 52.84% | 48.49% | 45.5% | 49.84% | - |
| Research & Development | 32.89M | 37.17M | 42.72M | 53.96M | 63.48M | 78.18M | 90.71M | 100.71M | 106.87M |
| R&D % of Revenue | 14.41% | 14.11% | 14.1% | 15.57% | 17.08% | 18.53% | 19.46% | 19.69% | - |
| Other Operating Expenses | -1.74M | 23.19M | 23.85M | 13.48M | 5.85M | 597K | 278K | -20.41M | 1.5M |
| 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% | - |
| EBITDA | 74.8M | 90.75M | 90.22M | 66.36M | 70.67M | 90.39M | 108.09M | 101.72M | 79.48M |
| 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) | 56.02M | 54.14M | 56.45M | 33.03M | 23.27M | 20.07M | 25.73M | 44.06M | 29.23M |
| EBIT | 17.03M | 37M | 32.99M | 32.06M | 49.28M | 74.58M | 84.3M | 38.39M | 41.73M |
| Net Interest Income | -34.52M | -33.8M | -28.14M | -20.47M | -18.85M | -30.25M | -30.03M | -36M | -28.93M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 34.52M | 33.8M | 28.14M | 20.47M | 18.85M | 30.25M | 30.03M | 36M | 21.34M |
| 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 | -3.8M | 5.71M | 12.01M | 11.48M | 13.72M | 20.91M | 23.31M | 19.42M | 20.92M |
| 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 | -7.16M | 113K | 16.71M | 23.41M | 30.96M | -17.03M | -10.48M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -0.02 | 0.00 | 0.09 | 0.13 | 0.17 | -0.09 | - |
| Diluted Shares Outstanding | 315.4M | 315.4M | 315.4M | 179.05M | 181.3M | 185.98M | 188.43M | 187.82M | 187.55M |
| Basic Shares Outstanding | 315.4M | 315.4M | 315.4M | 179.05M | 180.14M | 182.37M | 185.28M | 187.82M | 187.55M |
| Dividend Payout Ratio | - | - | - | 191150.44% | - | - | - | - | - |
N-able, Inc. (NABL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 104.78M | 71.37M | 135.72M | 120.99M | 154.16M | 224.79M | 183.92M | 216.44M | 210.98M |
| Cash & Short-Term Investments | 77.87M | 39.35M | 99.79M | 66.74M | 98.85M | 153.05M | 85.2M | 111.84M | 117.81M |
| Cash Only | 77.87M | 39.35M | 99.79M | 66.74M | 98.85M | 153.05M | 85.2M | 111.84M | 117.81M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 22.09M | 26.95M | 30.35M | 40.29M | 42.61M | 48.01M | 85.42M | 83.11M | 60.31M |
| Days Sales Outstanding | 35.32 | 37.33 | 36.57 | 42.45 | 41.84 | 41.54 | 66.88 | 59.31 | 51.96 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 678K | 0 | 0 | 0 | 12.7M | 23.73M | 13.31M | 21.49M | 32.85M |
| Total Non-Current Assets | 970.7M | 942.42M | 944.01M | 934.71M | 924.7M | 938M | 1.15B | 1.19B | 1.18B |
| Property, Plant & Equipment | 13.2M | 23.69M | 33.29M | 74.95M | 69.16M | 68.91M | 64.16M | 66.63M | 72.9M |
| Fixed Asset Turnover | 17.30x | 11.12x | 9.10x | 4.62x | 5.38x | 6.12x | 7.27x | 7.68x | 7.56x |
| Goodwill | 832.52M | 836.64M | 874.08M | 840.92M | 828.79M | 838.5M | 977.01M | 1.02B | 1.01B |
| Intangible Assets | 120.01M | 74.77M | 27.37M | 8.07M | 8.87M | 6.72M | 83.15M | 64.79M | 59.99M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.8M |
| Other Non-Current Assets | 4.97M | 3.59M | 6.29M | 9.09M | 17.08M | 22.79M | 28.57M | 37.75M | 136.08M |
| 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 Turnover | 0.21x | 0.26x | 0.28x | 0.33x | 0.34x | 0.36x | 0.35x | 0.36x | 0.37x |
| Asset Growth % | - | -5.74% | 6.51% | -2.23% | 2.19% | 7.78% | 15.14% | 5.31% | 40.77% |
| Total Current Liabilities | 54.46M | 32.79M | 54.83M | 60.88M | 61.81M | 81.72M | 150.1M | 181.81M | 167.4M |
| Accounts Payable | 6.38M | 1.97M | 5.54M | 5.87M | 3.54M | 5.24M | 6.29M | 9M | 13.73M |
| Days Payables Outstanding | 40.61 | 12.54 | 32.02 | 40.83 | 22.07 | 28.04 | 28.46 | 27.7 | 30.89 |
| Short-Term Debt | 0 | 0 | 0 | 3.5M | 3.5M | 3.5M | 3.5M | 11.2M | 10.36M |
| Deferred Revenue (Current) | 0 | 7.91M | 9.5M | 10.68M | 11.74M | 12.65M | 23.98M | 24.49M | 82.86M |
| Other Current Liabilities | 11.33M | 5.57M | 9.58M | 0 | 0 | 27.1M | 44.02M | 127.32M | 122.63M |
| Current Ratio | 1.92x | 2.18x | 2.48x | 1.99x | 2.49x | 2.75x | 1.23x | 1.19x | 1.19x |
| Quick Ratio | 1.92x | 2.18x | 2.48x | 1.99x | 2.49x | 2.75x | 1.23x | 1.19x | 1.19x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | 21.07 |
| Total Non-Current Liabilities | 469.27M | 417.3M | 393.71M | 376.47M | 374.97M | 369.71M | 429.46M | 423.44M | 429.09M |
| Long-Term Debt | 450M | 394.4M | 372.65M | 335.38M | 333.49M | 331.51M | 329.61M | 419.16M | 36.2M |
| Capital Lease Obligations | 0 | 11.92M | 14.64M | 37.82M | 33.11M | 33.06M | 30.07M | 29.28M | 91.96M |
| Deferred Tax Liabilities | 0 | 10.63M | 5.85M | 2.63M | 2.78M | 1.82M | 3.45M | 1.85M | 9.06M |
| Other Non-Current Liabilities | 19.27M | 87K | 406K | 410K | 5.2M | 3.15M | 63.34M | -28.6M | 482.39M |
| Total Liabilities | 523.73M | 450.09M | 448.54M | 437.34M | 436.79M | 451.43M | 579.56M | 605.25M | 596.49M |
| Total Debt | 450M | 408.43M | 390.15M | 381.53M | 375.87M | 374.52M | 369.19M | 459.64M | 46.56M |
| Net Debt | 372.13M | 369.08M | 290.36M | 314.8M | 277.02M | 221.47M | 284M | 347.81M | -71.25M |
| Debt / Equity | 0.82x | 0.72x | 0.62x | 0.62x | 0.59x | 0.53x | 0.49x | 0.57x | 0.57x |
| Debt / EBITDA | 6.02x | 4.50x | 4.32x | 5.75x | 5.32x | 4.14x | 3.42x | 4.52x | 0.59x |
| Net Debt / EBITDA | 4.98x | 4.07x | 3.22x | 4.74x | 3.92x | 2.45x | 2.63x | 3.42x | 3.42x |
| Interest Coverage | 0.49x | 1.09x | 1.17x | 1.57x | 2.61x | 2.47x | 2.81x | 1.07x | 1.96x |
| 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 Share | 1.75 | 1.79 | 2.00 | 3.45 | 3.54 | 3.82 | 4.03 | 4.28 | 4.26 |
| Total Shareholders' Equity | 551.75M | 563.7M | 631.2M | 618.36M | 642.07M | 711.36M | 759.29M | 804.65M | 798.83M |
| Common Stock | 537.28M | 557.12M | 582.21M | 179K | 181K | 183K | 187K | 190K | 191K |
| Retained Earnings | 0 | 0 | 0 | 127K | 16.83M | 40.25M | 71.2M | 54.17M | 53.56M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30M | 0 |
| Accumulated OCI | 14.47M | 6.58M | 48.99M | 15.05M | -7.82M | 4.41M | -21.09M | 33.69M | 20.66M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
N-able, Inc. (NABL) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 52.33M | 25.54M | 85.67M | 45.34M | 71.41M | 90.09M | 79.44M | 93.2M | 93.2M |
| 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 | -7.16M | 113K | 16.71M | 23.41M | 30.96M | -17.03M | -10.48M |
| Depreciation & Amortization | 56.02M | 54.14M | 56.45M | 33.77M | 24.44M | 20.07M | 25.73M | 44.06M | 45M |
| Stock-Based Compensation | 1.8M | 8.66M | 21.05M | 29.43M | 36.53M | 43.57M | 45.35M | 46.59M | 45.98M |
| Deferred Taxes | -10.54M | -4.73M | -4.05M | -1.91M | -1.42M | 330K | -1.95M | -3.82M | -3.85M |
| Other Non-Cash Items | 3.45M | 1.14M | 3.19M | 3.85M | 119K | 576K | 377K | 24.74M | 16.14M |
| Working Capital Changes | 15.29M | -31.16M | 16.18M | -19.91M | -4.96M | 2.13M | -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 Inventory | 19.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 791K | -236K | 3.27M | -455K | -1.62M | 1.83M | -461K | 2.54M | 6.75M |
| 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 Revenue | 4.35% | 2.2% | 3.94% | 8.85% | 3.45% | 3.27% | 3.77% | 3.55% | - |
| Acquisitions | -13M | -14.82M | 0 | 0 | -9.2M | 0 | -98.69M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -451K | -2.42M | -4.22M | -4.17M | -8.18M | -8.56M | -6.16M | -10.82M | -10.58M |
| Cash from Financing | 20.58M | -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 | -3.5M | 57.3M | 55.55M |
| Equity Issued (Net) | 0 | 0 | 0 | 216M | 0 | -11.98M | 0 | -27.68M | -28.98M |
| Dividends Paid | 0 | 0 | 0 | -216M | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -11.98M | 0 | -30.04M | -28.86M |
| Other Financing | 20.58M | 12.79M | 11.19M | -18.8M | -6.9M | 303K | -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 Share | 0.13 | 0.05 | 0.22 | 0.06 | 0.28 | 0.36 | 0.30 | 0.40 | 0.40 |
| FCF Conversion (FCF/Net Income) | -3.82x | -10.17x | -11.97x | 401.25x | 4.27x | 3.85x | 2.57x | -5.47x | -7.10x |
| Interest Paid | 24.85M | 52.68M | 26.6M | 20.39M | 15.57M | 28.44M | 28.69M | 0 | 12.52M |
| Taxes Paid | 3.78M | 8.94M | 14.21M | 19.03M | 16.3M | 14.93M | 12.77M | 0 | 9.4M |
N-able, Inc. (NABL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| 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 Margin | 78.25% | 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 / Equity | 0.72x | 0.62x | 0.62x | 0.59x | 0.53x | 0.49x | 0.57x | 0.57x |
| Interest Coverage | 1.09x | 1.17x | 1.57x | 2.61x | 2.47x | 2.81x | 1.07x | 1.96x |
| FCF Conversion | -10.17x | -11.97x | 401.25x | 4.27x | 3.85x | 2.57x | -5.47x | -7.10x |
| Revenue Growth | 15.43% | 14.93% | 14.39% | 7.31% | 13.48% | 10.49% | 9.71% | 11.07% |
N-able, Inc. (NABL) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 7, 2026·SEC
Feb 19, 2026·SEC
Dec 17, 2025·SEC
N-able, Inc. (NABL) stock FAQ — growth, dividends, profitability & financials explained
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.
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.
N-able, Inc. (NABL) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates