N-able Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	497.67	466.15	421.88	371.77	346.46	302.87
Revenue Growth (YoY)	8.65%	10.49%	13.48%	7.31%	14.39%	14.93%
Cost of Revenue	94.57	77.16	66.37	56.13	46.68	38.92
Gross Profit	403.09	388.99	355.51	315.64	299.78	263.96
Selling, General & Admin	236.19	215.49	206.02	196.21	192.83	138.88
Research & Development	98.65	90.71	78.18	63.48	53.96	42.72
Amortization of Goodwill & Intangibles	16.5	3.8	2.44	8.33	19.24	48.11
Operating Expenses	351.34	310	286.64	268.02	266.03	229.71
Operating Income	51.75	78.99	68.88	47.61	33.75	34.25
Interest Expense	-31.06	-30.03	-30.25	-18.85	-20.47	-28.14
Currency Exchange Gain (Loss)	0.71	-2.6	0.9	2.2	-1.8	-0.8
Other Non Operating Income (Expenses)	2.85	4.53	3.36	-0.32	0.53	0.03
EBT Excluding Unusual Items	24.25	50.89	42.88	30.64	12.01	5.34
Merger & Restructuring Charges	-11.34	-2.9	-	-0.3	-0.42	-0.31
Other Unusual Items	-0.88	6.28	1.44	0.08	-	-0.18
Pretax Income	12.04	54.27	44.33	30.43	11.59	4.86
Income Tax Expense	18.55	23.31	20.91	13.72	11.48	12.01
Net Income	-6.51	30.96	23.41	16.71	0.11	-7.16
Net Income to Common	-6.51	30.96	23.41	16.71	0.11	-7.16
Net Income Growth	-	32.23%	40.13%	14684.96%	-	-
Shares Outstanding (Basic)	188	185	182	180	167	158
Shares Outstanding (Diluted)	188	188	186	181	169	158
Shares Change (YoY)	-0.04%	1.31%	2.58%	7.49%	6.67%	-
EPS (Basic)	-0.03	0.17	0.13	0.09	0.00	-0.05
EPS (Diluted)	-0.04	0.16	0.13	0.09	0.00	-0.05
EPS Growth	-	24.64%	42.64%	13352.91%	-	-
Free Cash Flow	73.05	61.87	76.31	58.58	14.68	73.75
Free Cash Flow Per Share	0.39	0.33	0.41	0.32	0.09	0.47
Gross Margin	81.00%	83.45%	84.27%	84.90%	86.53%	87.15%
Operating Margin	10.40%	16.95%	16.33%	12.81%	9.74%	11.31%
Profit Margin	-1.31%	6.64%	5.55%	4.49%	0.03%	-2.36%
Free Cash Flow Margin	14.68%	13.27%	18.09%	15.76%	4.24%	24.35%
EBITDA	71.99	95.89	85.26	67.08	59.57	64.64
EBITDA Margin	14.47%	20.57%	20.21%	18.04%	17.19%	21.34%
D&A For EBITDA	20.24	16.91	16.38	19.46	25.82	30.39
EBIT	51.75	78.99	68.88	47.61	33.75	34.25
EBIT Margin	10.40%	16.95%	16.33%	12.81%	9.74%	11.31%
Effective Tax Rate	154.10%	42.96%	47.18%	45.09%	99.02%	247.41%
Advertising Expenses	-	15.03	17.31	19.56	18.53	13.9

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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