Quarterly ResultMay 7, 2026, 09:22 AM
N-able Q1 Revenue Up 13.1% to $133.7M; Net Loss Narrows to $0.6M
AI Summary
N-able, Inc. reported a significant improvement in its financial performance for the first quarter of 2026, with revenue increasing by 13.1% to $133.7 million. The company substantially narrowed its net loss to $0.6 million, an improvement from a $7.2 million loss in the prior year, while operating income saw a substantial rise. The filing also detailed the ongoing financial impact of the Adlumin acquisition and noted monitoring of goodwill for potential impairment due to a stock price decline.
Key Highlights
- Revenue increased 13.1% to $133.7 million for Q1 2026, up from $118.2 million in Q1 2025.
- Net loss significantly narrowed to $0.6 million in Q1 2026, compared to a $7.2 million loss in Q1 2025.
- Basic loss per share improved to $(0.00) in Q1 2026 from $(0.04) in Q1 2025.
- Operating income surged to $12.5 million in Q1 2026, a substantial increase from $1.8 million in Q1 2025.
- Cash and cash equivalents rose to $117.8 million as of March 31, 2026, from $111.8 million at year-end 2025.
- Net cash provided by operating activities was $17.5 million in Q1 2026, down from $19.7 million in Q1 2025.
- Fair value of deferred consideration for the Adlumin acquisition was $62.4 million as of March 31, 2026.
- Goodwill totaled $1,014.7 million as of March 31, 2026, with ongoing monitoring for impairment.
Price Impact
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