N-able (NABL) Cost of Revenue (2020 - 2026)
N-able (NABL) posted Cost of Revenue of $31.8 million for Q1 2026, up 18.51% on a QoQ basis from $26.8 million in Q4 2025, and up 14.72% year-over-year from $27.7 million in Q1 2025.
N-able (NABL) Cost of Revenue (2020 - 2026) Analysis & Trends
N-able's Cost of Revenue history runs 7 years deep, the most recent figure standing at $31.8 million for Q1 2026.
- Quarterly Cost of Revenue rose 14.72% year-over-year to $31.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $116.9 million (up 33.65% YoY) and the FY2025 annual result came in at $100.2 million, up 29.84% from the prior year.
- Cost of Revenue was $31.8 million for Q1 2026 at N-able, up from $26.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $31.8 million in Q1 2026 and bottomed at $12.6 million in Q4 2022.
- A 5-year average of $20.3 million and a median of $18.3 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue retreated 5.34% — and 2025, when it surged 52.57%.
- N-able's Cost of Revenue stood at $12.6 million in 2022, then jumped by 39.87% to $17.6 million in 2023, then gained by 20.22% to $21.2 million in 2024, then climbed by 26.47% to $26.8 million in 2025, then advanced by 18.51% to $31.8 million in 2026.
- Business Quant data shows NABL's Cost of Revenue at $31.8 million in Q1 2026, $26.8 million in Q4 2025, and $29.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | 7.26 Bn |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 12.58 Bn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | - |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | 324.09 Mn |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | 3.48 Bn |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 3.64 Bn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | 2.19 Bn |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | 1.85 Bn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 4.49 Bn |
| 10 | N-able | 823.33 Mn | 705.51 Mn | 101.92 Mn | 31.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.75 Mn |
| Mar 31, 2026 | 31.75 Mn |
| Dec 31, 2025 | 26.79 Mn |
| Dec 31, 2025 | 26.79 Mn |
| Sep 30, 2025 | 29.65 Mn |
| Sep 30, 2025 | 29.65 Mn |
| Jun 30, 2025 | 28.70 Mn |
| Jun 30, 2025 | 28.70 Mn |
| Mar 31, 2025 | 27.68 Mn |
| Mar 31, 2025 | 27.68 Mn |
| Dec 31, 2024 | 21.18 Mn |
| Dec 31, 2024 | 21.18 Mn |
| Sep 30, 2024 | 19.43 Mn |
| Sep 30, 2024 | 19.43 Mn |
| Jun 30, 2024 | 19.16 Mn |
| Jun 30, 2024 | 19.16 Mn |
| Mar 31, 2024 | 18.30 Mn |
| Mar 31, 2024 | 18.30 Mn |
| Dec 31, 2023 | 17.62 Mn |
| Dec 31, 2023 | 17.62 Mn |