N-able (NABL) Invested Capital (2020 - 2026)
N-able (NABL) recorded Invested Capital of $1.2 billion in Q2 2026, up 5.0% from $1.14 billion a year earlier and up 0.6% from the prior quarter.
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Analysis
N-able (NABL) Invested Capital (2020 - 2026) Analysis & Trends
Starting with Q4 2020, N-able's Invested Capital history includes 21 quarters.
- Annual Invested Capital has increased for five straight years, with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $1.09 billion in FY2024 (+4.4%), $1.05 billion in FY2023 (+6.9%), $979.22 million in FY2022 (+2.3%) and $957.23 million in FY2021 (+51.7%).
- The Q2 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2020.
- On a year-over-year basis, Invested Capital has increased for 15 consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 51.7% in Q4 2021, against a decline of 2.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.19 billion (Q1 2026), $1.2 billion (Q4 2025) and $1.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 5.89 Bn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 6.97 Bn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 5.41 Bn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 51.45 Bn |
| 10 | N-able | 776.40 Mn | 329.51 Mn | 106.20 Mn | 1.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Bn |
| Mar 31, 2026 | 1.19 Bn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.06 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 1.05 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 992.70 Mn |
| Dec 31, 2022 | 979.22 Mn |
| Sep 30, 2022 | 931.59 Mn |
| Jun 30, 2022 | 943.92 Mn |
| Mar 31, 2022 | 956.96 Mn |
| Dec 31, 2021 | 957.23 Mn |
| Sep 30, 2021 | 957.25 Mn |
API Access
N-able Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NABL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NABL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NABL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();