The Tip Desk

N-able, Inc.

Company Stats

Market Cap
$774.5M
as of Sep 30, 2026
Enterprise Value
$1.1B
Shares Outstanding
188.9M
Free Float
65.4%

Income Statement

Revenue
$508.8M
Operating Income
$33.9M
Net Income
-$18.8M
EBITDA
$78.3M
Revenue Growth, 3Y
11.0%
FCF Margin, 3Y Avg
15.4%
FCF Margin, Worst Year
13.3%

Cash Flow

Free Cash Flow
$75.1M
FCF Yield
9.7%
Owner FCF Yield
3.7%

Balance Sheet

Cash & Equivalents
$111.8M
Total Debt
$400.0M
Net Debt
$288.2M
Net Debt / EBITDA
3.68x
EV / EBITDA
13.58x
Net Debt / EBIT
8.50x

Returns & Capital

Share Repurchases
$30.0M
Buyback Yield, 3Y Avg
1.3%
SBC, 3Y Avg
$45.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$508.8M$75.1M14.8%
FY2024$465.6M$61.9M13.3%
FY2023$422.2M$76.3M18.1%
FY2022$371.8M$58.6M15.8%
FY2021$346.5M$14.7M4.2%

Annual filing data through FY ended December 31, 2025; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage