N-able (NABL) Net Margin (2020 - 2026)
N-able's Net Margin came in at 1.27% for Q2 2026, up 4.82 percentage points from -3.55% a year earlier and up 2.54 percentage points from the prior quarter.
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Analysis
N-able (NABL) Net Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, N-able reported Net Margin of -1.30%, down 1.98 percentage points year-over-year; for FY2025, it was -3.70%, down 10.30 percentage points from FY2024.
- Net Margin carries a five-year change of -1.33 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 6.60% in FY2024 (+0.96 pp), 5.64% in FY2023 (+1.15 pp), 4.49% in FY2022 (+4.46 pp) and 0.04% in FY2021 (+2.40 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q4 2024.
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -4.18 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2021 (a gain of 14.76 percentage points), and the weakest in Q1 2025 (a drop of 12.53 percentage points).
- Business Quant data shows NABL's Net Margin at -1.27% (Q1 2026), -6.10% (Q4 2025) and 0.70% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | -8.27% |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 0.36% |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 29.61% |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | -12.39% |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 3.97% |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 14.41% |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 3.25% |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 7.38% |
| 10 | N-able | 776.40 Mn | 329.51 Mn | 106.20 Mn | 1.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.27% |
| Mar 31, 2026 | -1.27% |
| Dec 31, 2025 | -6.10% |
| Sep 30, 2025 | 0.70% |
| Jun 30, 2025 | -3.55% |
| Mar 31, 2025 | -6.11% |
| Dec 31, 2024 | 2.89% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 7.03% |
| Mar 31, 2024 | 6.41% |
| Dec 31, 2023 | 8.98% |
| Sep 30, 2023 | 5.59% |
| Jun 30, 2023 | 4.25% |
| Mar 31, 2023 | 3.55% |
| Dec 31, 2022 | 7.29% |
| Sep 30, 2022 | 0.31% |
| Jun 30, 2022 | 4.72% |
| Mar 31, 2022 | 5.61% |
| Dec 31, 2021 | 2.30% |
| Sep 30, 2021 | 2.12% |
API Access
N-able Net Margin 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=net-margin&ticker=NABL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NABL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();