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N-able NABL Operating margin

Operating margin at other companies

Tenable Holdings logo
Tenable HoldingsTENB
-3.9%-1.2pp
ePlus logo
ePlusPLUS
6.8%+1.8pp
Open Text logo
Open TextOTEX
18.1%+0.8pp
Netscout Systems logo
Netscout SystemsNTCT
12.8%+7.2pp
Insight Enterprises logo
Insight EnterprisesNSIT
4.2%+0.1pp
NTS
Netskope, Inc. Class A Common StockNTSK
-95.1%

Other financials

Income statement

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Revenue$133.7M+13.1%
Gross profit$101.9M+12.6%
Operating income$12.5M+583%
Net income-$615.0K+91.4%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$117.8M+25.2%
Total debt$435.7M+17.7%
Total equity$798.8M+3.1%
Total assets$1.4B+3.2%

Cash flow

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Operating cash flow$17.5M-11.2%
CapEx$1.7M-48.7%
Free cash flow$15.8M-3.7%

Valuation

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Market cap$600.93M-57.7%
Enterprise value$918.78M-45.8%
P/S1.1×-1.9×

Profitability

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Gross margin77%-3.9pp
Net margin-2%-5.5pp
FCF margin14.1%-2.3pp

Returns & leverage

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Return on equity-1.3%-3.5pp
Debt / equity0.5×+0.1×
Current ratio1.3×+0.1×

Where this comes from

Calculated from N-able’s reported figures.

Based on trailing twelve months.

The official record: N-able’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is N-able's operating margin?
N-able (NABL) reported operating margin of 9% in Q1 2026.
How has N-able's operating margin changed year-over-year?
N-able's operating margin decreased by 33.5% year-over-year, from 13.5% to 9%.
What is the long-term trend for N-able's operating margin?
Over 5 years (2020 to 2025), N-able's operating margin has grown at a -8.4% compound annual growth rate (CAGR), from 11.1% to 7.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.