N-able, Inc. (NABL) Form 10-Q — Aug 10, 2026
N-able reported second-quarter 2026 revenue of $138.2 million, up 5.9% year over year, and swung to net income of $1.8 million from a $4.6 million net loss a year earlier. ARR reached $544.5 million (+6.0%) and net revenue retention improved to 106% from 102%. The company revised its previously issued financial statements after identifying errors in revenue recognition on certain subscription arrangements and in vendor-credit accounting for server infrastructure trade-ins.
Key figures
- Eps
- $0.01 diluted (Q2 2026); $0.00 (six months)
- Revenue
- $138.2 million (Q2 2026)
- Net Income
- $1.8 million (Q2 2026) vs. net loss of $4.6 million (Q2 2025)
- Total Debt
- $392.3 million net ($398.0 million principal)
- Revenue Yoy
- +5.9% (Q2); +8.8% (six months)
- Total Assets
- $1.396 billion
- Cash Position
- $115.8 million
- Shares Outstanding
- 188906050
- Arr
- $544.5 million as of June 30, 2026 (+6.0% YoY)
- Goodwill
- $1.012 billion
- Employees
- 1978
- Adjusted ebitda q2
- $39.9 million (vs. $40.9 million in Q2 2025)
- Operating income q2
- $16.5 million (vs. $9.3 million in Q2 2025)
- Delayed draw facility
- $75.0 million committed, undrawn as of June 30, 2026
- Effective tax rate q2
- 77.2%
- Net revenue retention
- 106% trailing twelve months (vs. 102% prior year)
- Customers over 50k arr
- 2706
- Q2 operating cash flow
- $26.5 million
- Effective interest rate
- 6.42%
- Restructuring headcount cut
- ~6% (approved July 20, 2026)
- Min software spend commitment
- $56.0 million (Aug 1, 2026 - Jul 31, 2029)
- Restructuring one time charges
- $4-6 million
- Restructuring annual cash savings
- $11-13 million
Price after filing
Close on the filing date to close N calendar days later (from $4.99). Historical, not a forecast.
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