N-able, Inc. logo NABL - N-able, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 3
SELL 1
STRONG
SELL
0
| PRICE TARGET: $5.92 DETAILS
HIGH: $6.50
LOW: $5.50
MEDIAN: $5.75
CONSENSUS: $5.92
UPSIDE: 44.04%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 133.7 130.3 131.7 131.2 118.2 116.5 116.4 119.4 113.7 108.4 107.6 106.1 99.8 95.8 93.5 91.6 90.9 89.5 88.4 85.3 83.2 79.9 76.3 73.4 73.3
Cost of Revenue 32.3 31.4 25.4 28.7 27.7 23.3 19.9 19.2 18.3 17.6 17.4 17.0 16.2 15.1 15.1 14.2 14.3 13.3 12.3 12.8 14.0 16.8 16.0 15.4 15.0
Gross Profit 101.4 98.9 106.3 102.6 90.5 93.2 96.5 100.3 95.5 90.8 90.2 89.1 83.6 80.7 78.4 77.5 76.6 76.2 76.1 72.5 69.2 63.1 60.3 58.1 58.2
Operating Expenses
R&D Expenses 26.1 25.0 29.4 26.3 23.9 23.2 23.0 22.4 22.1 19.4 19.8 20.2 18.8 16.8 16.0 15.2 15.4 14.8 14.6 12.5 12.0 10.8 10.4 10.1 11.4
SG&A Expenses 62.8 57.8 59.3 65.6 64.3 53.7 49.6 55.9 52.9 49.6 52.1 53.0 49.9 48.1 49.2 50.5 48.7 51.4 50.1 45.9 45.9 45.8 34.7 28.6 30.4
Other Expenses (0.8) 0 6.0 0.5 0.5 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.6 1.5 1.5 1.5 1.5 1.5 1.6 4.3 6.0 6.1 6.0 5.9 5.9
Operating Expenses 88.2 82.8 94.7 92.4 88.7 77.2 72.6 78.3 75.0 69.0 71.9 73.2 69.3 66.4 66.7 67.2 65.5 67.7 66.4 62.6 64.0 62.6 51.1 44.5 47.7
Operating Income
Operating Income 13.2 16.1 11.6 10.1 1.8 16.0 23.9 22.0 20.5 21.8 18.4 15.8 14.3 14.3 11.7 10.3 11.1 8.5 9.8 9.9 5.2 0.5 9.2 13.5 10.6
Interest Expense (7.6) 12.2 8.6 8.1 7.1 7.3 7.5 7.6 7.6 7.7 7.8 7.5 7.2 6.4 5.1 3.8 3.5 4.8 3.1 6.1 6.5 6.7 6.7 7.1 7.6
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 8.0 21.0 23.2 20.1 13.6 22.2 32.2 29.0 26.6 30.0 23.3 22.0 21.0 22.9 16.0 16.4 18.5 17.4 14.7 17.8 16.0 14.9 23.2 27.6 23.8
EBIT (3.4) 9.5 16.4 9.3 3.2 14.2 26.2 23.1 20.8 24.5 17.9 16.8 15.3 16.8 9.9 10.5 12.1 8.7 8.9 9.8 4.7 0.2 8.9 13.6 10.3
Income Before Tax 4.2 (2.7) 7.8 1.2 (3.9) 7.0 18.6 15.5 13.2 16.8 10.1 9.3 8.1 10.4 4.8 6.6 8.6 3.9 5.8 3.7 (1.9) (6.5) 2.1 6.5 2.7
Income Tax Expense 4.8 4.5 6.4 5.2 3.3 3.7 7.9 6.1 5.7 7.4 4.1 4.8 4.6 3.4 4.5 2.3 3.5 1.9 3.9 3.3 2.4 3.5 3.3 3.3 2.0
Net Income (0.6) (7.2) 1.4 (4.0) (7.2) 3.3 10.8 9.5 7.5 9.4 6.0 4.5 3.5 7.0 0.3 4.3 5.1 2.1 1.9 0.5 (4.3) (9.9) (1.1) 3.2 0.7
Per Share Data
EPS (Basic) -0.00 -0.04 0.01 -0.02 -0.04 0.02 0.06 0.05 0.04 0.05 0.03 0.02 0.02 0.04 0.00 0.02 0.03 0.01 0.01 0.00 -0.01 -0.03 -0.00 0.01 0.00
EPS (Diluted) -0.00 -0.04 0.01 -0.02 -0.04 0.02 0.06 0.05 0.04 0.05 0.03 0.02 0.02 0.04 0.00 0.02 0.03 0.01 0.01 0.00 -0.01 -0.03 -0.00 0.01 0.00
Shares Outstanding 187.5 186.7 187.6 188.8 188.2 185.3 185.5 185.0 184.0 183.1 182.7 182.2 181.4 180.7 180.3 180.0 179.5 178.9 174.5 178.7 315.4 315.4 315.4 315.4 315.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 117.8 111.8 101.4 93.9 94.1 85.2 174.4 157.5 139.2 153.0 127.4 109.2 98.1 98.8 87.7 86.6 70.4 66.7 61.6 49.6 111.2 99.8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 69.6 83.1 79.1 75.1 70.1 57.7 92.5 68.4 50.2 48.0 55.8 55.9 49.6 42.6 41.6 43.2 42.2 40.3 38.6 31.7 30.8 30.3
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 20.6 21.5 19.8 17.7 19.6 41.0 15.4 26.3 32.8 23.7 20.7 18.5 14.9 12.7 0 0 0 0 0 0 0 0
Total Current Assets 208.0 216.4 200.3 186.7 183.8 183.9 282.3 252.2 222.3 224.8 203.9 183.6 162.6 154.2 143.6 143.4 126.6 121.0 113.8 90.8 150.6 135.7
Non-Current Assets
Property, Plant & Equipment 72.9 66.6 68.9 68.0 65.3 64.2 64.2 64.1 66.1 68.9 66.4 67.9 67.6 69.2 70.3 70.9 73.4 75.0 75.7 61.4 32.7 33.3
Goodwill 1,014.7 1,024.3 1,024.3 1,023.2 991.4 977.0 843.9 827.0 829.8 838.5 822.0 831.7 833.0 828.8 795.9 809.7 833.5 840.9 850.4 860.5 855.6 874.1
Intangible Assets 60.0 64.8 69.5 74.3 78.6 83.2 5.4 5.6 6.1 6.7 6.9 7.5 8.0 8.9 10.0 3.6 5.6 8.1 10.6 13.2 18.4 27.4
Long-Term Investments 1 0 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 34.5 33.3 30.0 31.6 30.9 28.6 26.6 24.8 24.6 22.8 22.0 20.8 19.8 17.1 9.9 9.5 9.4 9.1 8.8 9.6 7.6 6.3
Total Non-Current Assets 1,187.3 1,193.5 1,197.7 1,199.3 1,168.3 1,154.9 941.2 922.5 927.7 938 918.7 929.4 930.0 924.7 887.9 895.3 923.5 934.7 948.8 948.0 917.5 944.0
Total Assets 1,395.3 1,409.9 1,398.1 1,386.0 1,352.1 1,338.8 1,223.5 1,174.7 1,149.9 1,162.8 1,122.7 1,113.0 1,092.6 1,078.9 1,031.5 1,038.8 1,050.2 1,055.7 1,062.6 1,038.8 1,068.1 1,079.7
Current Liabilities
Account Payables 13.7 9.0 8.0 7.6 3.7 6.3 6.5 6.2 4.0 5.2 3.6 5.6 3.1 3.5 2.8 4.4 3.2 5.9 5.5 0.2 2.2 5.5
Short-Term Debt 4 11.2 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 0 0 0
Deferred Revenue 20.7 24.5 17.1 20.6 23.0 24.0 10.9 10.5 12.9 12.6 11.5 11.5 12.4 11.7 11.0 11.0 11.3 10.7 10.1 9.5 9.7 9.5
Other Current Liabilities 72.6 127.3 62.7 58.6 60.9 49.5 0 0 0 27.1 0 0 0 0 0 0 0 0 0 20.4 20.5 9.6
Total Current Liabilities 167.4 181.8 158.4 151.1 153.7 150.1 93.8 85.0 73.8 81.7 79.6 73.6 63.9 61.8 59.4 58.5 56.1 60.9 58.0 57.7 61.4 54.8
Non-Current Liabilities
Long-Term Debt 389.1 419.2 328.2 328.6 329.1 329.6 330.1 330.6 331.0 331.5 332.0 332.4 333.0 333.5 334.0 334.4 334.9 335.4 335.8 304.0 372.6 372.6
Deferred Tax Liabilities 1.7 1.8 3.6 3.6 3.5 3.4 1.9 1.8 1.8 1.8 1.9 2.0 2.0 2.8 5.2 3.1 3.1 2.6 3.8 3.8 4.6 5.8
Other Non-Current Liabilities 0.7 (28.6) 59.9 58.2 56.4 63.3 0.3 2.6 2.5 3.2 3.4 5.2 5.5 5.2 4.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Total Non-Current Liabilities 429.1 423.4 426.3 425.5 423.3 429.5 364.7 365.3 367.1 369.7 368.4 370.5 372.5 375.0 377.9 374.3 375.5 376.5 386.7 347.8 392.0 393.7
Total Liabilities 596.5 605.3 584.7 576.6 577.0 579.6 458.5 450.3 440.9 451.4 448.0 444.1 436.4 436.8 437.3 432.8 431.6 437.3 444.7 405.5 453.4 448.5
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 598.2 585.1 582.2
Retained Earnings 53.6 54.2 61.4 60.0 64.0 71.2 67.9 57.2 47.7 40.2 30.9 24.9 20.4 16.8 9.8 9.6 5.2 0.1 (1.9) 0 0 0
Accumulated Other Comprehensive Income 20.7 33.7 67.7 32.6 (4.7) (21.1) 10.8 (9.0) (6.0) 4.4 (13.9) (3.3) (2.1) (7.8) (42.1) (19.9) 5.9 15.1 24.6 35.1 29.7 49.0
Total Stockholders' Equity 798.8 804.7 813.4 809.4 775.1 759.3 765.0 724.4 709.1 711.4 674.7 668.9 656.2 642.1 594.1 606.0 618.6 618.4 617.9 633.3 614.7 631.2
Total Liabilities & Equity 1,395.3 1,409.9 1,398.1 1,386.0 1,352.1 1,338.8 1,223.5 1,174.7 1,149.9 1,162.8 1,122.7 1,113.0 1,092.6 1,078.9 1,031.5 1,038.8 1,050.2 1,055.7 1,062.6 1,038.8 1,068.1 1,079.7
Debt Metrics
Total Debt 435.7 459.6 369.0 371.4 370.1 369.2 371.9 370.2 372.4 374.5 372.2 372.5 373.9 375.9 377.4 379.9 380.9 381.5 390.8 346.6 389.7 390.2
Net Debt 317.8 347.8 267.6 277.5 276.0 284.0 197.4 212.7 233.2 221.5 244.7 263.3 275.9 277.0 289.6 293.3 310.5 314.8 329.2 297.0 278.5 290.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (0.6) (7.2) 1.4 (4.0) (7.2) 3.3 10.8 9.5 7.5 9.4 6.0 4.5 3.5 7.0 0.3 4.3 5.1 2.1 1.9 0.5 (4.3) (9.9) (1.1) 3.2 0.7
Depreciation & Amortization 11.4 11.7 11.1 10.9 10.4 7.9 6.1 5.9 5.8 5.5 5.3 5.1 5.7 6.2 6.0 5.9 6.3 8.7 6.1 8.0 11.3 14.7 14.3 14.0 13.5
Stock-Based Compensation 11.1 10.2 11.9 12.9 11.7 10.5 11.5 11.8 11.5 10.7 11.3 11.7 9.8 8.4 10.1 9.8 8.2 8.5 0.5 4.3 4.7 9.0 6.2 3.2 2.7
Change in Working Capital (6.5) 5.9 (4.0) (3.7) 1.3 5.1 (4.6) (1.0) (20.5) 8.2 3.6 (0.8) (8.9) 0.8 (0.7) 1.8 (5.7) 0.5 (24.0) (2.3) 2.3 0.7 7.9 13.2 (5.6)
Other Non-Cash Items 2.2 8.7 3.6 8.1 3.4 1.2 (1.8) 1.1 (0.1) (2.8) 1.3 0.1 0.5 (2.4) 1.5 1.1 (1.3) (1.0) 18.6 0.4 0.6 3.2 (2.5) 0.4 2.1
Operating Cash Flow 17.5 25.3 24.0 24.2 19.7 26.0 22.0 27.3 4.2 31.2 27.5 20.7 10.6 18.4 17.1 22.7 13.1 19.2 3.1 9.9 13.2 16.2 23.9 33.6 12.0
Investing Activities
Capital Expenditure (4.2) (4.5) (6.6) (3.8) (6.1) (7.2) (5.3) (5.1) (5.1) (5.2) (5.5) (6.0) (5.6) (7.8) (5.4) (3.9) (3.8) (12.5) (6.7) (10.3) (4.8) (7.0) (3.2) (3.3) (2.7)
Acquisitions 0 0 0 0 0 (98.7) 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (2.6) (2.5) (2.8) (2.7) (2.8) (1.0) (1.6) (1.9) (1.7) (1.9) (2.0) (2.5) (2.2) (4.7) (10.5) (1.2) (1.1) (1.2) (0.7) 0.1 (2.3) 0 0 0 0
Investing Cash Flow (4.2) (7.0) (9.4) (6.5) (6.1) (106.8) (5.3) (5.1) (5.1) (5.2) (5.5) (6.0) (5.6) (7.7) (14.7) (3.9) (3.8) (12.5) (7.3) (10.3) (4.8) (7.0) (3.2) (3.3) (2.7)
Financing Activities
Net Debt Issuance (1) 57.3 (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (0.9) (304.0) (68.6) 10.6 0 0 0 (21.8)
Stock Repurchased 0 (10.0) (10) (10) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (4.6) (50.8) (1.7) (7.4) (6.4) (2.3) (1.6) (4.1) (11.0) (2.3) (2.8) (2.4) (5.8) (1.9) (0.8) (1.0) (4.5) (1.0) 321.8 8.4 2.4 0.0 4.4 3.1 3.7
Financing Cash Flow (4.4) (3.5) (11.6) (18.3) (7.3) (3.2) (2.5) (5.0) (11.9) (3.2) (2.8) (3.3) (5.9) (2.8) (0.9) (1.9) (4.8) (1.9) 17.4 (60.2) 2.4 0.0 4.4 3.1 (18.1)
Cash Position
Net Change in Cash 6.0 10.4 7.6 (0.2) 8.9 (89.2) 16.9 18.3 (13.8) 25.6 18.2 11.1 (0.8) 11.1 1.1 16.2 3.7 5.2 12.0 (61.6) 11.4 11.4 26.8 32.2 (10.0)
Cash at Beginning 111.8 101.4 93.9 94.1 85.2 174.4 157.5 139.2 153.0 127.4 109.2 98.1 98.8 87.7 86.6 70.4 66.7 61.6 49.6 111.2 99.8 88.4 61.6 29.4 39.3
Cash at End 117.8 111.8 101.4 93.9 94.1 85.2 174.4 157.5 139.2 153.0 127.4 109.2 98.1 98.8 87.7 86.6 70.4 66.7 61.6 49.6 111.2 99.8 88.4 61.6 29.4
Free Cash Flow 13.2 20.9 17.4 20.4 13.6 18.8 16.7 22.1 (0.9) 26.0 22.0 14.7 5.0 10.6 11.7 18.8 9.3 6.7 (3.6) (0.3) 8.4 9.2 20.7 30.3 9.4
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 133.7 130.3 131.7 131.2 118.2 116.5 116.4 119.4 113.7 108.4 107.6 106.1 99.8 95.8 93.5 91.6 90.9 89.5 88.4 85.3 83.2 79.9 76.3 73.4 73.3
Gross Profit 101.4 98.9 106.3 102.6 90.5 93.2 96.5 100.3 95.5 90.8 90.2 89.1 83.6 80.7 78.4 77.5 76.6 76.2 76.1 72.5 69.2 63.1 60.3 58.1 58.2
Operating Income 13.2 16.1 11.6 10.1 1.8 16.0 23.9 22.0 20.5 21.8 18.4 15.8 14.3 14.3 11.7 10.3 11.1 8.5 9.8 9.9 5.2 0.5 9.2 13.5 10.6
Net Income (0.6) (7.2) 1.4 (4.0) (7.2) 3.3 10.8 9.5 7.5 9.4 6.0 4.5 3.5 7.0 0.3 4.3 5.1 2.1 1.9 0.5 (4.3) (9.9) (1.1) 3.2 0.7
EPS (Diluted) -0.00 -0.04 0.01 -0.02 -0.04 0.02 0.06 0.05 0.04 0.05 0.03 0.02 0.02 0.04 0.00 0.02 0.03 0.01 0.01 0.00 -0.01 -0.03 -0.00 0.01 0.00
Balance Sheet
Cash & Equivalents 117.8 111.8 101.4 93.9 94.1 85.2 174.4 157.5 139.2 153.0 127.4 109.2 98.1 98.8 87.7 86.6 70.4 66.7 61.6 49.6 111.2 99.8
Total Assets 1,395.3 1,409.9 1,398.1 1,386.0 1,352.1 1,338.8 1,223.5 1,174.7 1,149.9 1,162.8 1,122.7 1,113.0 1,092.6 1,078.9 1,031.5 1,038.8 1,050.2 1,055.7 1,062.6 1,038.8 1,068.1 1,079.7
Total Debt 435.7 459.6 369.0 371.4 370.1 369.2 371.9 370.2 372.4 374.5 372.2 372.5 373.9 375.9 377.4 379.9 380.9 381.5 390.8 346.6 389.7 390.2
Stockholders' Equity 798.8 804.7 813.4 809.4 775.1 759.3 765.0 724.4 709.1 711.4 674.7 668.9 656.2 642.1 594.1 606.0 618.6 618.4 617.9 633.3 614.7 631.2
Cash Flow
Operating Cash Flow 17.5 25.3 24.0 24.2 19.7 26.0 22.0 27.3 4.2 31.2 27.5 20.7 10.6 18.4 17.1 22.7 13.1 19.2 3.1 9.9 13.2 16.2 23.9 33.6 12.0
Capital Expenditure (4.2) (4.5) (6.6) (3.8) (6.1) (7.2) (5.3) (5.1) (5.1) (5.2) (5.5) (6.0) (5.6) (7.8) (5.4) (3.9) (3.8) (12.5) (6.7) (10.3) (4.8) (7.0) (3.2) (3.3) (2.7)
Free Cash Flow 13.2 20.9 17.4 20.4 13.6 18.8 16.7 22.1 (0.9) 26.0 22.0 14.7 5.0 10.6 11.7 18.8 9.3 6.7 (3.6) (0.3) 8.4 9.2 20.7 30.3 9.4