N-able (NABL) Financial Statements & Analysis

N-able (NABL) Income Statement

N-able reported revenue of $511.43M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 9.9% from $465.55M a year earlier. N-able posted a net loss of $17.03M, compared with net income of $30.74M a year earlier. Gross margin was 77.1% and operating margin 7.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $138.22M, up 5.9% from the same quarter a year earlier.

N-able Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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N-able, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	511.43	465.55	422.16	371.77	346.46	302.87	263.52	228.29
Cost of Revenue	100.18	80.87	68.27	58.61	52.43	63.17	57.32	57.35
Gross Profit	394.38	384.68	353.89	313.16	294.02	239.70	206.20	170.95
Operating Expenses
Research & Development	100.71	90.71	78.18	63.48	53.96	42.72	37.17	32.89
Selling, General & Administrative	252.73	211.80	204.75	196.43	193.25	139.37	109.23	95.56
Operating Expenses	357.59	302.80	283.53	265.76	260.69	205.93	169.59	152.17
Operating Income	36.79	81.88	70.37	47.40	33.33	33.77	36.61	18.77
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-36.00	30.03	30.25	18.85	20.47	28.14	33.81	34.52
Other Income/Expense	-34.40	2.23	4.62	-16.97	-1.27	-28.91	-33.42	-36.27
Income
Income Before Tax	2.39	54.08	44.73	30.43	11.59	4.86	3.19	-17.49
Income Tax Expense	19.42	23.34	20.91	13.72	11.48	12.01	5.71	-3.80
Net Income	-17.03	30.74	23.82	16.71	0.11	-7.16	-2.51	-13.69
Net Income - Continuous Operations	-18.82	30.74	23.82	16.71	0.11	-7.16	-2.51	-13.69
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	59.22	110.03	96.67	72.55	65.84	89.44	91.14	73.05
EBIT	38.94	84.11	74.98	49.28	32.06	-	-	-
Depreciation & Amortization	27.18	0.28	0.60	23.27	13.48	56.45	54.14	56.02
Earnings Per Share
Basic EPS	-	-	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-	-	-
Basic Shares Outstanding	187.82	185.28	182.37	180.14	167.46	315.40	315.40	315.40
Diluted Shares Outstanding	187.82	188.43	185.98	181.30	168.67	315.40	315.40	315.40

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About N-able Financial Statements

What was N-able's revenue in fiscal 2025?

N-able reported revenue of $511.43M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 9.9% from $465.55M a year earlier.

Is N-able profitable?

No. N-able reported a net loss of $17.03M in fiscal 2025. In fiscal 2024 it earned $30.74M.

What is N-able's operating margin?

N-able's operating income was $36.79M on revenue of $511.43M in fiscal 2025, an operating margin of 7.2%, compared with 17.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition