N-able, Inc.

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

NABL$4.81-0.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share information)

	Year Ended December 31,
	2025	2024	2023
Revenue:
Subscription and other revenue	$511,430	$466,147	$421,880
Cost of revenue:
Cost of revenue	100,180	77,159	66,369
Amortization of acquired technologies	16,874	3,520	1,839
Total cost of revenue	117,054	80,679	68,208
Gross profit	394,376	385,468	353,672
Operating expenses:
Sales and marketing	163,163	135,592	134,691
Research and development	100,713	90,714	78,180
General and administrative	91,715	76,514	69,885
Amortization of acquired intangibles	1,996	278	597
Total operating expenses	357,587	303,098	283,353
Operating income	36,789	82,370	70,319
Other expense:
Interest expense, net	(35,997)	(30,031)	(30,252)
Other income, net	1,599	1,931	4,259
Total other expense, net	(34,398)	(28,100)	(25,993)
Income before income taxes	2,391	54,270	44,326
Income tax expense	19,423	23,312	20,914
Net (loss) income	$(17,032)	$30,958	$23,412
Net (loss) income per share:
Basic earnings per share	$(0.09)	$0.17	$0.13
Diluted earnings per share	$(0.09)	$0.16	$0.13
Weighted-average shares used to compute net (loss) income per share:
Shares used in computation of basic earnings per share	187,819	185,277	182,371
Shares used in computation of diluted earnings per share	187,819	188,426	185,980

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.