N-able profit margin NABL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −1.3%
- Operating margin, 12 months
- 9.5%
- Net margin on a year earlier
- −2.0 pts
- Peer median
- 5.0%
Over the twelve months to Jun 30, 2026, N-able kept −1.3% of its revenue as net profit, with an operating margin of 9.5% and a gross margin of 76.5%.
Five years earlier its net margin was −4.6%.
The median for 10 infrastructure software stocks of a similar size is 5.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −3.7% | 6.7% | 76.9% |
| FY2024 | 6.6% | 17.6% | 82.6% |
| FY2023 | 5.5% | 16.7% | 83.8% |
| FY2022 | 4.5% | 12.7% | 84.2% |
| FY2021 | 0.0% | 9.6% | 84.9% |
| FY2020 | −2.4% | 11.1% | 79.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −1.3% | −2.0 pts | 9.5% | |
| Q1 FY26 | −2.5% | −6.0 pts | 8.3% | |
| Q4 FY25 | −3.7% | −10.3 pts | 6.7% | |
| Q3 FY25 | −1.5% | −9.6 pts | 7.6% | |
| Q2 FY25 | 0.7% | −6.2 pts | 10.7% | |
| Q1 FY25 | 3.5% | −2.8 pts | 13.5% | |
| Q4 FY24 | 6.6% | +1.1 pts | 17.6% | |
| Q3 FY24 | 8.0% | +2.9 pts | 19.2% | |
| Q2 FY24 | 6.9% | +3.0 pts | 18.1% | |
| Q1 FY24 | 6.2% | +2.3 pts | 17.5% | |
| Q4 FY23 | 5.5% | +1.1 pts | 16.7% | |
| Q3 FY23 | 5.1% | +1.9 pts | 15.4% |
Against its peers
Companies in Software - Infrastructure nearest N-able's size, closest first, today.
| Company | Profit margin |
|---|---|
| NABLN-able | −1.3% |
| RPDRapid7 | 2.4% |
| OSPNOneSpan | 27.8% |
| RDVTRed Violet | 16.5% |
| GDYNGrid Dynamics | 0.7% |
| CCSIConsensus Cloud Solutions | 26.7% |
| XZOExzeo | 39.1% |
| CXMSprinklr | 2.7% |
| EVCMEverCommerce | 5.7% |
| PDFSPDF Solutions | 4.3% |
| MQMarqeta | 1.5% |
| Peer median | 5.0% |
Where N-able ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on N-able
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.