N-able, Inc. (NABL) Stock

N-able, Inc. (NABL) is a Technology stock trading at $3.62 (as of 2026-08-21), with a market capitalization of $683.84M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

N-able, Inc. provides cloud software for managed service providers, including remote monitoring and management, security and data protection capabilities, and business management tools such as professional services automation and automation and scripting management. Its platform supports MSP operations in the United States, the United Kingdom, and internationally.

Understand N-able, Inc.: how it makes money

N-able sells cloud software solutions to managed service providers (MSPs), including remote monitoring and management and security and data protection, and it makes money primarily through recurring subscription-style offerings reflected in its Annual Recurring Revenue.

N-able's profit model is built on recurring, partner-distributed cloud revenue, where growth and stability are signaled by Annual Recurring Revenue and its dollar based net revenue retention rate (NRR is above 100% at 104%).

Revenue by segment (latest quarter)
Description Rev.$0.1B
Other$0.0B

Business quality (Weak): The business shows strong gross profitability (76.2% gross margin) and a retention metric above 100% (104% dollar based NRR), but operating profitability is modest (9.3% operating margin), so execution on recurring revenue growth matters.

Bull case

  • Recurring revenue scale is a core feature of the model: Annual Recurring Revenue is 0.55 USD_B.
  • Retention appears to support expansion: Time Tracking Dollar Based Net Revenue Retention Rate is 104% (above 100%).
  • High gross margin suggests software-like economics: Gross margin is 76.2% for the quarter ended 2026-03-31.

Bear case

  • Operating leverage is not large: Operating margin is 9.3%, which can limit how much revenue growth flows through to operating profit.
  • Channel and partner dynamics can affect recurring revenue: Because results are measured through partner and end-customer adoption of its platform, declines in retention (for example if NRR falls below 100%) would be a direct risk.
Valuation — source: SEC EDGAR (first-party)
Price$3.62
Market Cap$683.84M
EV / EBITDA11.2
Price / Book0.85
Price / Sales1.29
FCF Yield13.5%
DCF Value (model)$0.43
DCF Upside vs Price-88.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$508.84M
Net Margin-3.7%
Revenue Growth (YoY)5.3%
EPS Growth (YoY)-150.0%
FCF Growth (YoY)710.2%
Financial Health — source: SEC EDGAR
Altman Z-Score1.19 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Technology)34.0
Industry P/E (Business Services)30.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSilver Lake Group, L.L.C. ($287.08M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOJohn Pagliuca
Employees1,800
CountryUS
IPO Date2021-07-19

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NABL earnings history · NABL institutional & insider holders · NABL KPIs & operating metrics · NABL financials · NABL investor presentations & press releases · NABL SEC filings · NABL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.