N-able, Inc. balance sheet

At the end of fiscal 2025, N-able, Inc. had total assets of $1.41bn, total liabilities of $608m and shareholders' equity of $802m. It held $112m in cash against $400m of debt: net debt of $288m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

N-able, Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	39	100	67	99	153	85	112	116
Receivables	—	29	33	35	40	45	50	46
Total current assets	—	136	121	154	225	184	216	212
Goodwill	837	874	841	829	838	977	1,024	1,012
Total assets	—	1,080	1,056	1,079	1,163	1,339	1,410	1,396
Accounts payable	—	6	6	4	5	6	9	18
Deferred revenue (current)	—	10	11	12	13	24	27	21
Total current liabilities	—	55	61	62	82	150	184	162
Short-term debt	—	0	4	4	4	4	4	4
Long-term debt	—	0	335	333	332	330	390	388
Total debt	0	0	349	346	342	339	400	398
Total liabilities	—	449	437	437	451	580	608	591
Shareholders' equity	564	631	618	642	712	760	802	805
Net debt (negative = net cash)	−39	−100	282	247	189	253	288	282
Shares outstanding	—	—	179m	181m	183m	188m	187m	189m

US$ millions unless shown otherwise. Fiscal quarters.

N-able, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	40	45	45	48	45	50	46	46
Total current assets	282	184	184	187	200	216	211	212
Goodwill	844	977	991	1,023	1,024	1,024	1,015	1,012
Total assets	1,223	1,339	1,352	1,386	1,398	1,410	1,395	1,396
Accounts payable	7	6	4	8	8	9	14	18
Deferred revenue (current)	11	24	23	21	17	27	25	21
Total current liabilities	94	150	154	151	158	184	170	162
Short-term debt	4	4	4	4	4	4	4	4
Long-term debt	330	330	329	329	328	390	389	388
Total debt	334	333	333	332	332	394	393	392
Total liabilities	459	580	577	577	585	608	599	591
Shareholders' equity	765	760	775	808	813	802	796	805
Shares outstanding	186m	188m	189m	188m	188m	187m	188m	189m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from N-able, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to N-able, Inc.