Skip to content
MARKETS / NYSE / NABL
NYSE · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

N-able, Inc. NABL

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$508.8M
▲ 9.3% YoY
$-18.8M
▼ 161.2% YoY
$75.1M
▲ 21.3% YoY
In brief

What this company does

N-able, Inc.'s software platform provides solutions across three primary vectors: Unified Endpoint Management, Security Operations, and Data Protection. It delivers these solutions through a channel-led model, partnering with IT services providers, including Managed Service Providers, Value Added Resellers, distributors, and other channel partners who support and deliver technology solutions to businesses. It serves businesses of all sizes, with a focus on organizations with up to 2,500 employees and the channel partners who support them. As of December 31, 2025, the Company had 2,671 customers with ARR over $50,000 on its platform, up from 2,349 as of December 31, 2024, an increase of 13.7%. The Company's business is global, with 50.4%, 51.8% and 51.2% of its revenue generated outside of the United States for the years ended December 31, 2025, 2024 and 2023, respectively. As of December 31, 2025, the Company owned nine issued U.S. patents and one issued foreign patent, with expiration dates ranging from February 22, 2033 to July 7, 2041.

Written from the business description in N-able, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 508.8M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 508.8 · Net income -18.8
200M400M2019202020212022202320242025
Compound annual growth
+11.0%
+10.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 6.7% · Net -3.7%
5%10%15%-1%-2%-3%2019202020212022202320242025
ROE
FY2025 · ROE -2.4%
2%4%-1%-2%2019202020212022202320242025

Each USD of equity lost 2 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 75.1
40M2019202020212022202320242025

Total assetsUSD 1.4B
EquityUSD 802.0M
CashUSD 111.8M
Gross debtUSD 393.9M
Net debtUSD 282.0M
Current ratio1.17×

Net debt stands at 35% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.50.50.40.40.30.30.3
Operating income $B0.00.10.10.00.00.00.0
EBITDA $B0.10.10.10.10.10.10.1
Income tax $B0.00.00.00.00.00.00.0
Net income $B−0.00.00.00.00.0−0.0−0.0
Free cash flow $B0.10.10.10.10.00.10.0
EPS, diluted $−0.100.160.130.090.00−0.05−0.02
Dividend / sh $·······
Payout %·······
ROE %−2.44.23.52.70.0−1.2−0.4
Shares out B0.190.190.180.180.180.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 63 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2019

Share this section

Download image