Company Analysis

N-able, Inc. (NABL)

NYSE: NABL · Services-Prepackaged Software · Wilmington, DE · filing with the SEC since 2020
Grade4.9
◀ Past 4.8● Present 5.4▶ Future 4.5

The grade of N-able, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past4.825% of the headline
● Present5.435% of the headline
▶ Future4.540% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.8/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.3/10

Has it survived what it has been through?

1 warning event since 2020; the latest 2025-03-03.

weight 22% of this tense · 33rd percentile among 230 sector filers · read for itself

From the record

N-able, Inc.'s filings since 2020 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-03-03) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.2/10

What has it actually done, year after year?

+11.6% a year over 7 filed years; profitable in 4 of 7.

weight 45% of this tense · 62nd percentile among 213 sector filers · read for its customers

From the record

N-able, Inc.'s 7 filed years say what it did: revenue went from $264 million in fiscal 2019 to $509 million in fiscal 2025, up 11.6% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 4 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span11.6%bottom 30% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.0/10

How has it treated the people who own it?

Share count grew 1.2% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 40th percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, N-able, Inc.'s diluted share count grew about 1.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE -2%: lost 2¢ per shareholder dollar. Leverage 43%: owes 43¢ per asset dollar.

weight 45% of this tense · 54th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, N-able, Inc. lost about 2 cents for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count shrank 0.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 47% of its family
  • return on equitybottom 49% of its family
  • gross profit against assetsbottom 35% of its family
  • the share count against the year beforetop 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.9/10

How strong is its position in its industry?

bottom 49% of 218 in its family; net margin -3.7%.

weight 33% of this tense · 49th percentile among 218 sector filers · read for its customers

From the record

N-able, Inc.'s standing among 218 graded names in its industry family: revenue of $509 million in fiscal 2025 ranks in the top 48% by size; a net margin of -3.7% ranks in the bottom 47%; revenue growth of 11% a year over the last 3 filed years ranks in the bottom 49% (its annual reports).

What it rests on

  • revenue against the family$509Mtop 48% of its family
  • net margin-3.7%bottom 47% of its family
  • three-year revenue growth11.0%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.3/10

What are the people in charge doing?

top 37% of 139 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 63rd percentile among 139 sector filers · read for its shareholders

From the record

N-able, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Pagliuca, John (President and CEO, as filed), filing under that title since 2021-06-25, 5.4 years (top 37% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 48%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 15 peopletop 23% of its family
  • the median years the people in charge have filed5.3 yearsbottom 48% of its family
  • the chief executive's years on the record5.4 yearstop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.5/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 216 in its family for room to expand.

weight 22% of this tense · 44th percentile among 216 sector filers · read for itself

From the record

N-able, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $112 million against debt of $390 million leaves -19.7% of its assets as net cash, bottom 9% of its family; cash from operations less capital spending is 14.8% of revenue (top 47%); a gross margin of 76.9% (top 32%); research spending of 19.8% of revenue (bottom 46%) (its annual report).

What it rests on

  • cash less debt against assets-19.7%bottom 9% of its family
  • cash from operations less capital spending against revenue14.8%top 47% of its family
  • gross margin76.9%top 32% of its family
  • research spending against revenue19.8%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.2/10

What could actually drive growth from here?

top 38% of 213 in its family for growth drivers.

weight 45% of this tense · 62nd percentile among 213 sector filers · read for its customers

From the record

N-able, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 11% a year over the last three filed years against 11.6% over all 7, slowing (top 36% of its family); the newest year grew 9.3% (bottom 40%); research spending grew 16.6% a year (top 24%); capital spending grew 12.2% a year (top 33%) (its annual reports). N-able, Inc. reported 2 product lines in fiscal 2025: Subscription Revenue at $504 million (99%), Other Revenue at $5 million (1%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-0.6 points a yeartop 36% of its family
  • the newest year's revenue growth9.3%bottom 40% of its family
  • three-year growth of research spending16.6%top 24% of its family
  • three-year growth of capital spending12.2%top 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.2/10

Did its newest year beat what its own record pointed to?

bottom 22% of 194 in its family for expectations against reality.

weight 33% of this tense · 22nd percentile among 194 sector filers · read for its shareholders

From the record

N-able, Inc.'s newest year against its own record: revenue of $509 million in fiscal 2025 came in 2.3% below the $521 million its prior three years' pace pointed to (bottom 43% of its family); net income of $19 million against a prior three-year average of $24 million (bottom 10%); a net margin of -3.7% against 5.6% before (bottom 13%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.3%bottom 43% of its family
  • net income against the prior three years' average-179%bottom 10% of its family
  • net margin against its prior average-9.3 pointsbottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NABL · research, not advice