← N-able, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $263.5m |
$302.9m
+14.93%
|
$346.5m
+14.39%
|
$371.8m
+7.31%
|
$421.9m
+13.48%
|
$466.1m
+10.49%
|
$511.4m
+9.71%
|
$526.9m
+3.03%
|
|
| Cost of revenue | $33.3m |
$38.9m
+17.03%
|
$46.7m
+19.94%
|
$56.1m
+20.26%
|
$66.4m
+18.24%
|
$77.2m
+16.26%
|
$100.2m
+29.84%
|
$121.1m
+20.91%
|
|
| Total cost of revenue | $57.3m |
$63.2m
+10.21%
|
$52.4m
-17.00%
|
$58.6m
+11.78%
|
$68.2m
+16.38%
|
$80.7m
+18.28%
|
$117.1m
+45.09%
|
— | |
| Gross profit | $206.2m |
$239.7m
+16.25%
|
$294.0m
+22.66%
|
$313.2m
+6.51%
|
$353.7m
+12.94%
|
$385.5m
+8.99%
|
$394.4m
+2.31%
|
$405.8m
+2.89%
|
|
| Research and development | $37.2m | $42.7m | $54.0m | $63.5m | $78.2m | $90.7m | $100.7m | $103.0m | |
| Sales and marketing | $70.3m | $82.0m | $112.7m | $125.3m | $134.7m | $135.6m | $163.2m | — | |
| General and administrative | $39.0m | $57.3m | $80.6m | $71.1m | $69.9m | $76.5m | $91.7m | $88.1m | |
| Amortization of acquired technologies | $24.1m | $24.3m | $5.8m | $2.5m | $1.8m | $3.5m | $16.9m | — | |
| Amortization of acquired intangibles | $23.2m | $23.8m | $13.5m | $5.9m | $597k | $278k | $2.0m | — | |
| Total operating expenses | $169.6m | $205.9m | $260.7m | $265.8m | $283.4m | $303.1m | $357.6m | $358.4m | |
| Operating income | $36.6m |
$33.8m
-7.77%
|
$33.3m
-1.29%
|
$47.4m
+42.20%
|
$70.3m
+48.36%
|
$82.4m
+17.14%
|
$36.8m
-55.34%
|
$47.4m
+28.90%
|
|
| Interest expense, net | ($33.8m) | ($28.1m) | ($20.5m) | ($18.9m) | ($30.3m) | ($30.0m) | ($36.0m) | $36.5m | |
| Other income, net | $386k | ($773k) | ($1.3m) | $1.9m | $4.3m | $1.9m | $1.6m | ($469k) | |
| Total other expense, net | ($33.4m) | ($28.9m) | ($21.7m) | ($17.0m) | ($26.0m) | ($28.1m) | ($34.4m) | — | |
| Income before income taxes | $3.2m | $4.9m | $11.6m | $30.4m | $44.3m | $54.3m | $2.4m | $10.4m | |
| Income tax expense | $5.7m | $12.0m | $11.5m | $13.7m | $20.9m | $23.3m | $19.4m | $20.9m | |
| Basic earnings per share (in dollars per share) | ($0.02) | ($0.05) | $0.00 | $0.09 | $0.13 | $0.17 | ($0.09) | ($0.05) | |
| Diluted earnings per share (in dollars per share) | ($0.02) | ($0.05) | $0.00 | $0.09 | $0.13 | $0.16 | ($0.09) | ($0.05) | |
| Shares used in computation of basic earnings per share (in shares) | ($0.02) | ($0.05) | $0.00 | $0.09 | $0.13 | $0.17 | ($0.09) | — | |
| Shares used in computation of diluted earnings per share (in shares) | ($0.02) | ($0.05) | $0.00 | $0.09 | $0.13 | $0.16 | ($0.09) | — | |
| Net (loss) income | ($2.5m) | ($7.2m) | $113k | $16.7m | $23.4m | $31.0m | ($17.0m) | — |