Results of Operations and Financial Condition · Costs Associated with Exit or Disposal Activities
Item 2.02 Results of Operations and Financial Condition. On August 10, 2026, N-able, Inc. (“N-able”) issued a press release regarding, and will hold a conference call announcing, its financial results for the second quarter ended June 30, 2026. A copy of N-able's press release is attached hereto as Exhibit 99.1.…
Filed Aug 10, 2026Accepted Aug 10, 2026, 7:02 AM EDTCIK 1834488Accession 0001834488-26-000044
N-able protects businesses from evolving cyberthreats. Our AI-powered cybersecurity platform delivers business resilience to approximately 500,000 organizations worldwide, leveraging advanced end-to-end capabilities, simplified workflows, market-leading integrations, and flexible deployment options to improve efficiency and drive critical security outcomes. Our partner-first approach pairs our technology with experts, training, and peer-led events that empower customers to be secure, resilient, and successful. n-able.com
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Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On August 10, 2026, N-able, Inc. (“N-able”) issued a press release regarding, and will hold a conference call announcing, its financial results for the second quarter ended June 30, 2026. A copy of N-able's press release is attached hereto as Exhibit 99.1.
The information contained in this report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section. The information in this report shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
N-able refers to non-GAAP financial information in both the press release and the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release.
Item 2.05Item 2.05 - Costs with Exit or Disposal
Item 2.05 Costs Associated with Exit or Disposal Activities.
On July 20, 2026, the Company approved a plan to effect a reorganization of the Company’s global workforce that will reduce the number of employees by approximately 6%. This decision was based on cost-reduction initiatives intended to align investments with highest priority opportunities, operate a streamlined organization, and drive high levels of productivity.
The Company estimates that it will incur one-time cash charges of approximately $4 million to $6 million in connection with the reorganization, primarily consisting of severance payments, employee benefits and related costs, in all cases, provided to departing employees. The Company expects that the majority of these charges will be incurred in the third quarter of 2026, subject to applicable legal requirements, which may delay the time these charges will be incurred beyond the end of the third quarter of 2026. The calculation of the charges the Company estimates it will incur are subject to uncertainties and based on a number of assumptions, including applicable legal requirements; the actual charges incurred may differ from the estimate disclosed above.
In aggregate, over the next twelve months, the reduction in force is expected to result in approximately $11 million to $13 million in cash compensation expense savings, and an additional approximately $1.5 million to $2.5 million in non-cash savings related to previously granted, unvested stock-based compensation that would have vested over the next twelve months.
Filed exhibits (1)
EX-99.1 (by filename) nabl-20260630x8kxex991.htm
EX-99.1
2
nabl-20260630x8kxex991.htm
EX-99.1
Document
Exhibit 99.1
N-able Announces Second Quarter 2026 Results
Delivers ARR Growth of 6% Year-Over-Year at Constant Currency
Appoints Russell Rosa as Chief Revenue Officer
Updates Full-Year 2026 ARR Outlook to $562M - $565M
BURLINGTON, Massachusetts - August 10, 2026 - N-able, Inc. (NYSE:NABL), a global cybersecurity company delivering business resilience, today reported results for its second quarter ended June 30, 2026.
“AI is reshaping the security landscape, making our mission to democratize cyber-defense more critical than ever,” said N-able president and CEO John Pagliuca. “We are taking decisive action across the business to better capture this demand. We welcomed Russell Rosa as our new Chief Revenue Officer, we are making organizational changes to align resources with our highest-priority opportunities, and we are sharpening our roadmaps to bring new products to market faster. Our award-winning platform protects approximately 500,000 businesses across the globe and our confidence in the road ahead remains strong.”
“The business continues to deliver growth and cash flow as we execute against a compelling cybersecu…