Earnings ·
N-able, Inc. reported second quarter 2026 financial results and announced a global workforce reorganization reducing…
NABLN-able, Inc.
N-able, Inc. reported second quarter 2026 financial results and announced a global workforce reorganization reducing employees by approximately 6%. The company expects one-time cash charges of $4 million to $6 million for severance and related costs, primarily in the third quarter of 2026. This restructuring is projected to yield $11 million to $13 million in annualized cash compensation savings and $1.5 million to $2.5 million in non-cash stock-based compensation savings over the next twelve months. Financial highlights for the quarter ended June 30, 2026, included total revenue of $138.2 million, representing 5.9% year-over-year growth, and total annual recurring revenue (ARR) of $544.5 million, up 6.0%. The company updated its full-year 2026 ARR outlook to $562 million–$565 million and appointed Russell Rosa as Chief Revenue Officer. N-able operates in the cybersecurity industry, providing AI-powered business resilience solutions.