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N-able, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q8-K10-Q10-Q10-K10-Q10-Q
Revenue:          
Subscription and other revenue  106.199.895.891.690.989.588.485.3
            Subscription and other revenue growth  15.8%9.9%7.0%7.4%9.2%12.0%15.9%16.2%
Cost of revenue:          
Cost of revenue  16.615.814.613.613.312.311.311.8
Amortization of acquired technologies  0.50.5 0.51.08.71.01.0
    Total cost of revenue  17.016.2 14.214.313.312.312.8
    Gross profit  89.183.680.777.576.676.276.172.5
            Gross margin  84.0%83.8%84.3%84.5%84.3%85.1%86.1%85.0%
   
Operating expenses:          
Sales and marketing  34.932.631.132.031.132.330.224.5
Research and development  20.218.816.815.215.414.814.612.5
General and administrative  18.117.317.018.417.619.119.921.4
Amortization of acquired intangibles  0.50.5 0.51.08.71.01.0
    Total operating expenses  73.269.366.467.265.567.766.462.6
    Operating income  15.814.314.310.311.18.59.89.9
            Operating margin  14.9%14.4%14.9%11.2%12.2%9.5%11.1%11.6%
   
Other expense:          
Interest expense, net  -7.5-7.2-6.4-3.8-3.5-4.8-3.1-6.1
Other income, net  1.01.02.40.21.10.2-0.9-0.1
    Total other expense  -6.5-6.22.4-3.7-2.5-4.6-4.0-6.1
    Income before income taxes  9.38.1 6.68.63.95.83.7
Income tax expense  4.84.63.42.33.51.93.93.3
    Net income  4.53.5 4.35.12.11.90.5
   
Net income per share:          
Basic earnings per share (in dollars per share)  $0.02$0.02$0.04$0.02$0.03$0.01$0.01 
Diluted earnings per share (in dollars per share)  $0.02$0.02$0.04$0.02$0.03$0.01$0.01 
   
Weighted-average shares used to compute net income per share:          
Shares used in computation of basic earnings per share (in shares)  182.2181.4180.7180.0179.5167.5174.5158.1
Shares used in computation of diluted earnings per share (in shares)  185.6183.2182.2180.5180.2168.7175.8158.1

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