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N-able, Inc. cash flow statement

In fiscal 2025, N-able, Inc.'s operations generated $93.2m of cash; it spent $18.1m on capital projects, leaving free cash flow of $75.1m. It returned $30.0m through buybacks.

Cash flow statement

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

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations2686457190799393
Depreciation and amortisation5456342422264445
Stock-based pay921293744454744
Capital spending612311314181823
Free cash flow2074155976627571
Free cash flow after stock pay1153−152233172827
Share buybacks————0030—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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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.