| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 133.68 | 13.1% |
| Total Income | 133.68 | 13.1% |
| Expenditure | 121.22 | 4.2% |
| PBT | 4.19 | 208.6% |
| Net Profit | -0.62 | 91.3% |
| OPM | 9.32% | 7.78pp |
| NPM | -0.46% | 5.60pp |
| EPS | 0.00 | 100.0% |
N-able Announces Q1 2026 Results: ARR Growth of 11% Year-Over-Year
07 May 2026 · 7 May, 4:37 pm
Summary
N-able reported a strong first quarter with total revenue of $133.7 million, a 13.1% increase year-over-year. Subscription revenue grew by 13.4% to $132.5 million, and total ARR increased by 11.2% to $548.0 million. The company's adjusted EBITDA was $36.7 million, representing a 27.5% margin. Management remains focused on strong execution while driving a balanced mix of growth and profit.
Key Highlights
- 1
Total revenue reached $133.7 million, reflecting a 13.1% year-over-year increase.
- 2
Subscription revenue totaled $132.5 million, up by 13.4% year-over-year.
- 3
Total ARR amounted to $548.0 million, demonstrating an 11.2% year-over-year growth.
- 4
GAAP gross margin stood at 76.2%, while non-GAAP gross margin was 79.7%.
- 5
The company reported a GAAP net loss of $0.6 million, or $0.00 per diluted share, and a non-GAAP net income of $16.6 million, or $0.09 per diluted share.
- 6
Adjusted EBITDA was $36.7 million, resulting in an adjusted EBITDA margin of 27.5%.
Management Comments
John Pagliuca
We delivered a strong first quarter, driven by improving retention and continued progress across the business. As AI accelerates both the threat landscape and IT complexity, we believe cybersecurity is reaching an inflection point. Our platform is purpose‑built for this moment - embedded where customers already operate and increasingly automating work historically delivered through services - allowing our partners to scale more efficiently while strengthening their security posture.
Tim O’Brien
Our first quarter performance reflected disciplined execution, continued upmarket traction, and expanding platform adoption. As we look ahead, we remain focused on strong execution while driving a balanced mix of growth and profit.
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