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.

N-able, Inc. filed an amendment to its previous 8-K to disclose the material terms of a separation agreement for former Chief Revenue Officer Frank Colletti, who departed on July 9, 2026. Under the agreement dated July 21, 2026, Mr. Colletti will remain employed through February 28, 2027, receiving continued base salary and benefits. He is entitled to a CAN$373,375 lump sum payment after the deferred end date and a CAN$304,500 annual target bonus payable by October 31, 2026. He will also receive continued health and dental benefits until January 9, 2028, or until starting new employment. N-able, Inc. provides managed service provider software and services.

N-able, Inc., through its subsidiary N-able International Holdings II, LLC, entered into a Third Amendment to its Credit Agreement on June 16, 2026. The amendment establishes a $75.0 million delayed draw term loan facility available for borrowing over a six-month period. Proceeds are intended for general corporate purposes, including funding deferred consideration for the November 2024 Adlumin, Inc. acquisition, future acquisitions, and share repurchases. The new loans carry a floating SOFR-based interest rate plus an initial margin of 2.75%, which may decrease to 2.50% if the first lien net leverage ratio is 1.65 to 1.00 or lower. N-able, Inc. provides software solutions for managed service providers.