Filing Flows › N-able (NABL) › Q1 2026
N-able (NABL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
N-able (NABL) reported revenue of $132M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +2% from the quarter before. Operating margin was 9.4%, net loss $615K (0.5% of revenue).
N-able, Q1 2026: revenue $132M (+12% year over year), operating margin 9.4%, net loss $615K, operating cash flow $17.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $132M | +2% | +12% |
| Operating profit | $12.5M | +3% | +650% |
| Net earnings | −$615K | — | — |
| Operating cash flow | $17.5M | -31% | -11% |
| Free cash flow | $13.2M | — | — |
What changed
Revenue was $132.4M in Q1 2026, up 12% year over year and up 2% from the previous quarter.
Gross margin was 75.9%, down 0.6 points from Q1 2025. Operating profit was $12.5M, a 9.4% margin (up 8.0 points year over year). Of the extra revenue versus Q1 2025, 76% reached operating profit, above the 1% margin then. Operating expenses fell 1% while revenue rose 12%. The quarter ended with a net loss of $615K, narrower than the previous quarter's $7.9M loss. Net interest and other expense of $8.3M was the main reason.
Operating cash flow was $17.5M (down 11% year over year). Non-cash charges added back $11.4M of depreciation and amortization and $11.1M of share-based compensation. Working capital and other items used $4.4M. After purchases of intangible assets ($2.6M) and purchases of property and equipment ($1.7M), free cash flow as the company reports it was $13.2M.
Questions
What was N-able's revenue in the first quarter 2026?
N-able (NABL) reported revenue of $132M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +2% from the quarter before.
Was N-able profitable in the first quarter 2026?
Operating profit was $12.5M (9.4% of revenue) and net loss $615K.
Source: N-able 10-Q on SEC EDGAR.