N-able Inc (NYSE: NABL) is a cybersecurity and IT management software company that provides cloud-based unified endpoint management, security, and data protection solutions to IT services providers and businesses worldwide. Revenue is generated almost entirely on a subscription basis, priced by committed volume or pay-as-you-go consumption, and scales as channel partners add customers and devices to the platform. N-able operates through a channel-led model, selling primarily to managed service providers and IT services providers who in turn deliver services to their end customers. The company reported revenue of $511.4 million for the year ended December 31, 2025, up from $466.1 million in FY2024 and $421.9 million in FY2023. More than 500,000 businesses worldwide used N-able solutions as of the filing date. Customers with annualized recurring revenue over $50,000 grew from 2,349 as of December 31, 2024 to 2,671 as of December 31, 2025, representing 61% of total ARR as of December 31, 2025. N-able was spun out of SolarWinds Corporation and is headquartered with a global footprint spanning more than 50% international revenue in each of FY2023, FY2024, and FY2025.

Revenue model

Subscription-based software pricing tied to committed volumes or pay-as-you-go consumption, billed monthly to multi-year terms. Revenue scales as IT services provider partners add end customers, devices, and services on the platform. The land-and-expand structure means adding one partner typically adds their entire customer base.

Products and services

Unified endpoint management, endpoint security, data protection, professional services automation, reporting and analytics, and automation tooling, all delivered through a multi-tier multi-tenant cloud platform with on-premises and hybrid deployment options. The platform includes over 100 out-of-the-box automated tasks and a no-code drag-and-drop automation editor.

Customers and end markets

Primary customers are IT services providers and managed service providers who use N-able's platform to manage and secure their end clients. End markets focus on organizations with up to 2,500 employees. More than 500,000 businesses worldwide used the solutions as of the filing date. Customers with ARR over $50,000 numbered 2,671 as of December 31, 2025 and represented approximately 61% of total ARR.

Value-chain role

Software platform vendor sitting between enterprise-grade cybersecurity and IT management capabilities and the small-to-midsize business end market, distributed through a channel of IT services providers and managed service providers.

Geographic exposure

Global. International revenue was 50.4% of total revenue for FY2025, 51.8% for FY2024, and 51.2% for FY2023, with the remainder generated in the United States.

Source: SEC 10-K, filed 2026-02-26

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