Loading…
Employees: 1,852
Size N-able (NABL) is a United States Information Technology company (Packaged Software) with a market value of $914M, the 2305th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.84 on 6 Nov 2026.
Performance Over six months the shares fell 1.4%, against -14.7% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 10.4% over the last twelve months (peer median +14.0%); the operating margin is 2.6% (peer median 3.3%).
Valuation It trades at 11.6× forward earnings against a peer median of 26.0× (2nd cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +16 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 5.4 points below its cost of capital (6.4% WACC).
Backlog Backlog (remaining performance obligations) was $267M at 30 Sep 2026, up 10% on a year earlier — 0.5 years of trailing revenue. Backlog detail →
Short interest Short interest is 2.1% of the free float (15 Oct 2026).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $533M | $509M | $466M | $422M | $372M |
| Revenue growth | — | +9% | +10% | +13% | — |
| Gross profit | $406M | $390M | $384M | $353M | $307M |
| EBITDA | $58.7M | $99.1M | $117M | $92.1M | $75.2M |
| Net income | -$5.35M | -$18.8M | $30.7M | $23.4M | $16.7M |
| Free cash flow | $70.8M | $75.1M | $61.9M | $76.3M | $59.0M |
| Capital expenditure | $33.1M | $29.3M | $23.7M | $22.3M | $21.0M |
| Total debt | $437M | $430M | $369M | $375M | $376M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NABL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.6% | +0.5% | 4th highest of 21 |
| 6-month return | -1.4% | -14.7% | 8th highest of 20 |
| Distance from 52-week high | -44.6% | -41.8% | 10th lowest of 21 |
| Revenue growth (TTM) | +10.4% | +14.0% | 10th lowest of 21 |
| Operating margin | 2.6% | 3.3% | 11th highest of 21 |
| Forward P/E | 11.6× | 26.0× | 2nd cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 26.5% | 14.6% | 3rd most demanding of 12 |
| Growth delivered (Del g) | +10.9% | +13.7% | 6th lowest of 12 |
| Hurdle (Req g minus delivered) | +15.6 pp | -5.7 pp | 2nd most demanding of 12 |
| ROIC minus cost of capital | -5.4 pp | -3.7 pp | 9th lowest of 20 |
| EV / EBITDA | 21.0× | 14.9× | 2nd most expensive of 8 |
| Net debt / EBITDA | 5.5× | 0.5× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| N-able NABL | United States | $914M | -1% | +10% | 3% | 11.6× | 26.5% | +10.9% |
| Tier IV 593A.T | Japan | $913M | n/a | +66% | -164% | n/a | n/a | n/a |
| Asiainfo Security Technologies 688225.SS | China | $917M | -4% | -4% | -7% | 89.9× | n/a | n/a |
| RateGain Travel Technologies RATEGAIN.NS | India | $910M | +15% | +114% | 15% | 22.9× | 32.4% | +48.7% |
| Dmall 2586.HK | Hong Kong | $922M | +8% | +19% | 7% | 25.2× | 6.6% | +34.6% |
| BZS (Beijing) Technology Development 603082.SS | China | $925M | +9% | +22% | 6% | n/a | 19.0% | +13.7% |
| Hangzhou Raycloud Technology 688365.SS | China | $926M | -27% | +14% | -1% | 1,448.0× | n/a | n/a |
| Playtika PLTK | United States | $931M | -33% | +6% | 17% | 3.8× | -16.4% | +3.0% |
| ODDITY Tech ODD | United States | $931M | +36% | -10% | -1% | 19.7× | n/a | n/a |
| Guotai Epoint Software 688232.SS | China | $932M | -13% | -9% | 0% | 87.7× | 29.4% | -3.0% |
| Beijing CTJ Information Technology 301153.SZ | China | $939M | -15% | +23% | 15% | 40.9× | 17.7% | +7.0% |
| Shandong Extreme Vision Technology 6636.HK | Hong Kong | $939M | -34% | +14% | -19% | 281.5× | n/a | n/a |
| Qt Group Plc QTCOM.HE | Finland | $887M | +62% | +17% | 16% | 26.8× | 16.4% | +22.2% |
| HealthStream HSTM | United States | $884M | +21% | +10% | 8% | 38.7× | 14.6% | +4.4% |
| Timee 215A.T | Japan | $878M | +9% | +56% | 18% | 21.0× | 0.0% | +89.1% |
| Beijing Shenzhou Aerospace Software Technology 688562.SS | China | $878M | -21% | +24% | -5% | n/a | n/a | n/a |
| GuoChuang Software 300520.SZ | China | $955M | -40% | -14% | -12% | n/a | n/a | n/a |
| Montnets Cloud Technology 002123.SZ | China | $875M | -21% | -30% | -11% | 22.8× | n/a | n/a |
| BlackSky Technology BKSY | United States | $873M | -46% | +4% | -43% | n/a | n/a | n/a |
| Frequentis FQT.DE | Germany | $870M | -15% | +34% | 9% | 19.0× | -7.6% | +14.1% |
| Rastar 300043.SZ | China | $870M | -20% | -43% | 20% | n/a | 10.6% | +3.7% |
N-able reported $267M of remaining performance obligations at 30 Sep 2026, up 10% from a year earlier and down 4% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 0.91.