Filing Flows › N-able (NABL) › Q3 2026 › vs Q3 2025
N-able (NABL) Q3 2026 vs Q3 2025 (year over year)
N-able's revenue rose $6.4M (+5%) from $131M in Q3 2025 to $137M in Q3 2026. The biggest changes: Subscription revenue +$6.5M (+5%); Other revenue −$85K (-7%).
N-able, Q3 2026: revenue $137M (+5% year over year), operating margin 11.2%, net loss $4.4M, operating cash flow $28.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 14.4% | 11.1% | +3.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Subscription revenue | $136M | $130M | $6.5M | +5% |
| Other revenue | $1.1M | $1.2M | −$85K | -7% |
| Revenue | $137M | $131M | $6.4M | +5% |
| Net loss | $4.4M | −$914K | $5.3M | — |
| Costs & expenses | $142M | $131M | $10.8M | +8% |
| Operating costs | $122M | $120M | $1.9M | +2% |
| Interest & other, net | $7.9M | $3.7M | $4.2M | +114% |
| Income tax | $11.9M | $6.3M | $5.6M | +90% |
| Cost of revenue | $34.6M | $29.7M | $4.8M | +16% |
| Research & development | $27.0M | $25.2M | $1.8M | +7% |
| Sales & marketing | $39.1M | $40.5M | −$1.4M | -3% |
| General & admin | $20.8M | $24.3M | −$3.5M | -15% |
| Other operating costs | $663K | $497K | $166K | +33% |
| Operating cash sources | $33.2M | $23.1M | $10.1M | +44% |
| Depreciation & amortization | $10.9M | $11.2M | −$248K | -2% |
| Share-based compensation | $8.8M | $11.9M | −$3.1M | -26% |
| Working capital & other | $13.5M | $45K | $13.4M | 299× |
| Net loss absorbed | $4.4M | −$914K | $5.3M | — |
| Operating cash flow | $28.8M | $24.0M | $4.8M | +20% |
| Free cash flow (company-reported) | $19.7M | $14.6M | $5.1M | +35% |
| Purchases of property and equipment | $6.6M | $6.6M | −$5K | -0.1% |
| Purchases of intangible assets and other | $2.5M | $2.8M | −$346K | -12% |
Questions
How much did N-able's revenue grow year over year in Q3 2026?
N-able's revenue rose $6.4M (+5%) from $131M in Q3 2025 to $137M in Q3 2026.
What drove N-able's revenue change in Q3 2026?
Subscription revenue +$6.5M (+5%); Other revenue −$85K (-7%).