N-able Q2: $500M ARR, 14% YoY growth, $525M-$530M FY23 ARR outlook.

• N-able surpasses $500M ARR, up 14% YoY • Exceeds Q2 revenue and adjusted EBITDA guidance • Raises full-year 2025 ARR outlook to $525M-$530M • N-able delivers solid Q2 results, executes cyber-resiliency mission • AI boosts complexity and risk, N-able's platform provides comprehensive protection • N-able's security suite continues development

N-able, Inc. (NYSE: NABL), a global software company delivering a unified cyber-resiliency platform, reported solid financial results for the second quarter ended June 30, 2025. The company surpassed the $500M ARR milestone, achieving a year-over-year (YoY) growth of 14.5%. This performance exceeded the high end of the company's revenue and adjusted EBITDA guidance for the quarter [1].

Key highlights from the quarter include:
- Total revenue of $131.2 million, representing a 9.9% YoY growth, or 7.9% YoY growth on a constant currency basis.
- Subscription revenue of $129.9 million, showing a 10.6% YoY growth, or 8.6% YoY growth on a constant currency basis.
- Total ARR of $513.7 million, with a 14.5% YoY growth, or 12.0% YoY growth on a constant currency basis.
- GAAP net loss of $4.0 million, or $0.02 per diluted share, and non-GAAP net income of $20.4 million, or $0.11 per diluted share.
- Adjusted EBITDA of $41.6 million, representing an adjusted EBITDA margin of 31.7%.

N-able's president and CEO, John Pagliuca, commented, "We delivered solid results this quarter as we executed against our mission to protect businesses from evolving cyberthreats." The company's CFO, Tim O’Brien, added, "Q2 was another strong quarter for N-able, as we surpassed the $500M ARR milestone, beat the high end of our top-and-bottom-line guidance, and began executing on our share repurchase program."

N-able also reported a significant expansion in its security suite and channel, further solidifying its position as a cybersecurity vendor of choice. The company appointed cybersecurity leader Vikram Ramesh as Chief Marketing Officer, and launched product certifications for N-able UEM to boost operational efficiency and simplify IT and security management.

Looking ahead, N-able raised its full-year 2025 ARR outlook to $525M to $530M, reflecting a 9% to 10% YoY growth, or approximately 7% to 9% on a constant currency basis. The company expects total revenue in the range of $500 to $503 million, representing approximately 7% to 8% YoY growth on a reported and constant currency basis. Adjusted EBITDA is expected to be in the range of $141 to $144 million, representing approximately 28% to 29% of total revenue [1].

N-able will host a conference call to discuss its financial results and business outlook on August 7, 2025, at 8:30 a.m. ET. A live webcast and replay will be available on the N-able Investor Relations website.

References:
[1] https://markets.ft.com/data/announce/detail?dockey=600-202508070700BIZWIRE_USPRX____20250806_BW027344-1