N-able (NABL) Operating Margin (2020 - 2026)
N-able's (NABL) quarterly Operating Margin came in at 11.92% in Q2 2026, up 478.0% on a YoY basis from 2.06% in Q2 2025, and up 42.67% quarter-over-quarter from 8.35% in Q1 2026.
Analysis
N-able (NABL) Operating Margin (2020 - 2026) Analysis & Trends
N-able (NABL) has reported Operating Margin for 7 consecutive years, with 11.92% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 478.0% year-over-year to 11.92%; the trailing twelve-month figure through Jun 2026 stood at 9.5% (down 124.0% YoY), and the FY2025 full-year result was 6.66%, down 1093.0% from the prior year.
- Operating Margin rose to 11.92% in Q2 2026 per NABL's latest filing, from 8.35% in the prior quarter.
- Across five years, Operating Margin topped out at 21.16% in Q3 2024 and bottomed at 1.41% in Q1 2025.
- Historically, Operating Margin has averaged 13.01% across 5 years, with a median of 13.15% in 2022.
- The sharpest annual moves came in 2025 and 2026: Operating Margin tumbled 1644 bps in 2025, then jumped 695 bps in 2026.
- Over 5 years, Operating Margin stood at 14.94% in 2022, then surged by 35 bps to 20.11% in 2023, then slumped by 32 bps to 13.76% in 2024, then sank by 32 bps to 9.33% in 2025, then gained by 28 bps to 11.92% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.92%, 8.35%, and 9.33% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 80.32 Bn | 75.34 Bn | 881.34 Mn | 0.49% |
| 2 | Dynatrace | 14.77 Bn | 13.66 Bn | 451.10 Mn | 12.89% |
| 3 | AvePoint | 2.72 Bn | 2.31 Bn | 91.01 Mn | 8.21% |
| 4 | Netscout Systems | 2.69 Bn | 2.02 Bn | - | - |
| 5 | PagerDuty | 1.05 Bn | 575.90 Mn | 104.40 Mn | 8.23% |
| 6 | N-able | 715.86 Mn | 600.05 Mn | 106.20 Mn | 11.92% |
| 7 | Radcom | 163.64 Mn | 53.94 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.92% |
| Mar 31, 2026 | 8.35% |
| Dec 31, 2025 | 9.33% |
| Sep 30, 2025 | 8.29% |
| Jun 30, 2025 | 7.14% |
| Mar 31, 2025 | 1.41% |
| Dec 31, 2024 | 13.76% |
| Sep 30, 2024 | 21.16% |
| Jun 30, 2024 | 17.56% |
| Mar 31, 2024 | 17.84% |
| Dec 31, 2023 | 20.11% |
| Sep 30, 2023 | 17.06% |
| Jun 30, 2023 | 14.93% |
| Mar 31, 2023 | 14.35% |
| Dec 31, 2022 | 14.94% |
| Sep 30, 2022 | 12.53% |
| Jun 30, 2022 | 11.24% |
| Mar 31, 2022 | 12.18% |
| Dec 31, 2021 | 9.49% |
| Sep 30, 2021 | 11.05% |