Revenue
$508.84M
Fiscal year ended 2025-12-31Operating income
$33.90M
Fiscal year ended 2025-12-31Free cash flow
$75.06M
Fiscal year ended 2025-12-31N-able, Inc. (NABL) reported revenue of $508.84M and net income of -$18.82M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from N-able, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | $508.84M | $465.55M | $422.16M | $371.77M | $346.46M | $302.87M | $263.52M |
| Cost of revenue | $117.36M | $80.87M | $68.27M | $58.61M | $52.43M | $63.17M | $57.32M |
| Gross profit | $391.48M | $384.68M | $353.89M | $313.16M | $294.02M | $239.70M | $206.20M |
| Operating income | $33.90M | $81.88M | $70.37M | $47.40M | $33.33M | $33.77M | $36.61M |
| Net income | -$18.82M | $30.74M | $23.82M | $16.71M | $113.00K | -$7.16M | -$2.51M |
| Research & development | $100.71M | $90.71M | $78.18M | $63.48M | $53.96M | $42.72M | $37.17M |
| Weighted-average diluted shares | shares 187.82M | shares 188.43M | shares 185.98M | shares 181.30M | shares 168.67M | shares 158.12M | shares 158.12M |
| Pretax income | -$167.00K | $54.08M | $44.73M | $30.42M | $11.59M | $4.86M | $3.19M |
| Income tax expense | $18.65M | $23.34M | $20.91M | $13.72M | $11.48M | $12.01M | $5.70M |
| Diluted EPS | $-0.10 | $0.16 | $0.13 | $0.09 | $0.00 | $-0.05 | $-0.02 |
| Selling, general & administrative | $254.88M | $211.80M | $204.75M | $196.43M | $193.25M | $139.36M | $109.22M |
| General & administrative | $91.72M | $76.21M | $70.06M | $71.12M | $80.58M | $57.33M | $38.97M |
| Selling & marketing | $163.16M | $135.59M | $134.69M | $125.30M | $112.68M | $82.03M | $70.25M |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $111.84M | $85.20M | $153.05M | $98.85M | $66.74M | $99.79M | Unavailable |
| Total assets | $1.41B | $1.34B | $1.16B | $1.08B | $1.06B | $1.08B | Unavailable |
| Current assets | $216.07M | $183.74M | $224.79M | $154.16M | $120.99M | $135.72M | Unavailable |
| Total liabilities | $607.67M | $579.51M | $451.43M | $436.79M | $437.34M | $448.54M | Unavailable |
| Current liabilities | $184.24M | $150.05M | $81.72M | $61.81M | $60.88M | $54.83M | Unavailable |
| Total equity incl. NCI | $802.04M | $759.56M | $711.93M | $642.24M | $618.36M | $631.20M | $563.70M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $49.97M | $44.54M | $40.01M | $34.80M | $33.04M | $29.09M | Unavailable |
| Goodwill | $1.02B | $977.01M | $838.50M | $828.80M | $840.92M | $874.08M | $836.64M |
| Long-term debt | $389.87M | $329.61M | $331.51M | $333.49M | $335.38M | $0 | Unavailable |
| Accounts payable | $9.00M | $6.29M | $5.24M | $3.54M | $5.86M | $5.54M | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $93.20M | $79.44M | $90.09M | $71.41M | $45.34M | $85.66M | $25.54M |
| Capital expenditures | $18.14M | $17.57M | $13.78M | $12.83M | $30.66M | $11.92M | $5.79M |
| Investing cash flow | -$28.96M | -$122.42M | -$22.34M | -$30.21M | -$34.83M | -$16.14M | -$23.04M |
| Financing cash flow | -$40.62M | -$22.60M | -$15.17M | -$10.40M | -$42.32M | -$10.56M | -$42.81M |
| Net change in cash | Unavailable | -$67.85M | $54.20M | $32.11M | -$33.05M | $60.44M | -$38.52M |
| Stock-based compensation | $46.59M | $45.35M | $43.57M | $36.53M | $29.43M | $21.05M | $8.66M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $44.36M | $25.92M | $21.68M | $24.44M | $33.77M | $56.45M | $54.14M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|
| Free cash flow | $75.06M | $61.87M | $76.31M | $58.58M | $14.68M | $73.75M | $19.75M |
| Gross margin | 76.9% | 82.6% | 83.8% | 84.2% | 84.9% | 79.1% | 78.2% |
| Operating margin | 6.7% | 17.6% | 16.7% | 12.7% | 9.6% | 11.1% | 13.9% |
| FCF margin | 14.8% | 13.3% | 18.1% | 15.8% | 4.2% | 24.3% | 7.5% |
| SBC / revenue | 9.2% | 9.7% | 10.3% | 9.8% | 8.5% | 7.0% | 3.3% |
| Current ratio | 1.17x | 1.22x | 2.75x | 2.49x | 1.99x | 2.48x | Unavailable |
| Revenue YoY growth | 9.3% | 10.3% | 13.6% | 7.3% | 14.4% | 14.9% | Unavailable |
| Net margin | -3.7% | 6.6% | 5.6% | 4.5% | 0.0% | -2.4% | -1.0% |
| R&D / revenue | 19.8% | 19.5% | 18.5% | 17.1% | 15.6% | 14.1% | 14.1% |
| CapEx / revenue | 3.6% | 3.8% | 3.3% | 3.5% | 8.9% | 3.9% | 2.2% |
| Long-term debt / equity | 0.49x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | 43.2% | 46.8% | 45.1% | 99.0% | 247.4% | 178.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NABL in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K/A · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.