7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.0% per year over the past 5 years.
Operating margin has contracted, at 7.2% in the latest year.
Free cash flow has grown 0.4% per year over the past 5 years.
Financial health
Total debt ($394M) exceeds cash ($112M); net debt is $282M.
Total debt is 4.9× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$511M
-$17M
77.1%
7.2%
$75M
$394M
$112M
2024
$466M
$31M
82.7%
17.7%
$62M
$333M
$85M
2023
$422M
$23M
83.8%
16.7%
$76M
$335M
$153M
2022
$372M
$17M
84.2%
12.7%
$59M
$337M
$99M
2021
$346M
$113000
84.9%
9.6%
$15M
$339M
$67M
2020
$303M
-$7M
79.1%
11.1%
$74M
$0
$100M
2019
$264M
-$3M
78.2%
13.9%
$20M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$134M
-$615000
76.2%
9.3%
$16M
$393M
$118M
Dec '25
$130M
-$7M
76.2%
10.2%
$21M
$394M
$112M
Sep '25
$132M
$1M
77.5%
8.8%
$17M
$332M
$101M
Jun '25
$131M
-$4M
78.1%
7.7%
$20M
$332M
$94M
Mar '25
$118M
-$7M
76.6%
1.5%
$16M
$333M
$94M
Dec '24
$117M
$3M
80.0%
13.7%
$19M
$333M
$85M
Sep '24
$116M
$11M
82.9%
20.5%
$18M
$334M
$174M
Jun '24
$119M
$9M
84.0%
18.4%
$24M
$334M
$158M
Mar '24
$114M
$7M
83.9%
18.0%
$746000
$335M
$139M
Dec '23
$108M
$9M
83.7%
20.1%
$28M
$335M
$153M
Sep '23
$108M
$6M
83.9%
17.1%
$24M
$335M
$127M
Jun '23
$106M
$5M
84.0%
14.9%
$17M
$336M
$109M
Mar '23
$100M
$4M
83.8%
14.4%
$7M
$337M
$98M
Dec '22
$96M
$7M
84.3%
14.9%
$15M
$337M
$99M
Sep '22
$94M
$294000
83.9%
12.5%
$13M
$337M
$88M
Jun '22
$92M
$4M
84.5%
11.2%
$20M
$338M
$87M
Mar '22
$91M
$5M
84.3%
12.2%
$10M
$338M
$70M
Dec '21
$90M
$2M
85.1%
9.5%
$8M
$339M
$67M
Sep '21
$88M
-$2M
86.1%
11.1%
-$4M
$339M
$62M
Jun '21
$85M
$462000
85.0%
11.6%
-$420000
—
$50M
Valuation over time
How the market has priced NABL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 148.7× (Mar '23) to 43.8× (Nov '25).
The price-to-sales ratio has fallen from 6.7× (Mar '23) to 1.2× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NABL growing its revenue and profit?
Over the past 5 years, N-Able, Inc.'s revenue has grown 11.0% per year. These are computed facts, not advice.
How much debt does NABL have?
As of FY2025, N-Able, Inc. reported $394M of total debt against $112M of cash.
What is NABL's profit margin?
In FY2025, gross margin was 77.1%, operating margin 7.2%, and net margin -3.3%.
What is NABL's P/E ratio?
As of Jun '26, N-Able, Inc. traded at a price-to-earnings ratio of about 43.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.