N-able (NABL) Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

N-able delivered a convincing beat across the board in Q3 2025, reporting non-GAAP earnings of $0.13 per diluted share against a consensus estimate of $0.09, a 44.44% positive surprise, while revenue climbed 13.1% year-over-year to $131.71 million, t… Read more N-able delivered a convincing beat across the board in Q3 2025, reporting non-GAAP earnings of $0.13 per diluted share against a consensus estimate of $0.09, a 44.44% positive surprise, while revenue climbed 13.1% year-over-year to $131.71 million, topping the $127.48 million analyst estimate by 3.32%. The primary engine behind the outperformance was robust demand for cybersecurity solutions, which drove subscription revenue to $130.52 million and pushed annual recurring revenue to $528.10 million, up 14.2% year-over-year. That ARR momentum gave management enough confidence to raise its full-year 2025 ARR outlook to $530 million to $531 million. Adjusted EBITDA came in at $41.38 million, though the margin compressed to 31.4% from 38.5% a year ago as the company absorbed higher sales, marketing, and R&D costs alongside amortization tied to its Adlumin acquisition. Looking ahead, N-able guided Q4 2025 revenue to $126.50 million to $127.50 million, implying approximately 9% year-over-year growth, as the company continues investing in AI-powered threat defense capabilities for small business customers.