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N-able (N-able) Gross Margin % : 83.75% (As of Dec. 2023)


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What is N-able Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. N-able's Gross Profit for the three months ended in Dec. 2023 was $90.8 Mil. N-able's Revenue for the three months ended in Dec. 2023 was $108.4 Mil. Therefore, N-able's Gross Margin % for the quarter that ended in Dec. 2023 was 83.75%.


The historical rank and industry rank for N-able's Gross Margin % or its related term are showing as below:

NABL' s Gross Margin % Range Over the Past 10 Years
Min: 74.88   Med: 81.49   Max: 84.87
Current: 83.83


During the past 6 years, the highest Gross Margin % of N-able was 84.87%. The lowest was 74.88%. And the median was 81.49%.

NABL's Gross Margin % is ranked better than
90.11% of 2628 companies
in the Software industry
Industry Median: 41.71 vs NABL: 83.83

N-able had a gross margin of 83.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for N-able was 2.50% per year.


N-able Gross Margin % Historical Data

The historical data trend for N-able's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

N-able Gross Margin % Chart

N-able Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 78.25 79.14 84.87 84.23 83.83

N-able Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.26 83.76 83.95 83.86 83.75

Competitive Comparison of N-able's Gross Margin %

For the Information Technology Services subindustry, N-able's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


N-able's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, N-able's Gross Margin % distribution charts can be found below:

* The bar in red indicates where N-able's Gross Margin % falls into.



N-able Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

N-able's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=353.7 / 421.88
=(Revenue - Cost of Goods Sold) / Revenue
=(421.88 - 68.208) / 421.88
=83.83 %

N-able's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=90.8 / 108.415
=(Revenue - Cost of Goods Sold) / Revenue
=(108.415 - 17.621) / 108.415
=83.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


N-able  (NYSE:NABL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

N-able had a gross margin of 83.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


N-able Gross Margin % Related Terms

Thank you for viewing the detailed overview of N-able's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


N-able (N-able) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 400, Burlington, MA, USA, 01803
N-able Inc is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. The company's growing portfolio of management, security, automation, and data protection solutions is built for IT services management professionals. Geographically, the majority of revenue is from the United States. it also has a presence in the United Kingdom and all other International regions.
Executives
Peter C Anastos officer: EVP, General Cnsl, Secretary N-ABLE, INC., 301 EDGEWATER DRIVE, SUITE 306, WAKEFIELD MA 01880
John Pagliuca director, officer: President and CEO 30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Tim James O'brien officer: EVP, Chief Financial Officer 30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Frank Colletti officer: Exec VP, Worldwide Sales 30 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Ann Johnson director C/O N-ABLE, INC., 301 EDGEWATER DRIVE #305, WAKEFIELD MA 01880
Nb Pep Holdings Ltd 10 percent owner 325 NORTH SAINT PAUL STREET, 49TH FLOOR, DALLAS TX 75201
Neuberger Berman Insurance Fund Series Interests Of The Sali Multi-series Fund, L.p. 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Tfl Trustee Co Ltd 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Nb Strategic Co-investment Partners Ii Holdings Lp 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Nb Crossroads Xx - Mc Holdings Lp 10 percent owner 325 N. SAINT PAUL STREET, SUITE 4900, DALLAS TX 75201
Alpinvest Ga B.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081KJ
Alpinvest Mich B.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081KJ
Alpinvest Ga Co C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081KJ
Alpinvest Partners Co-investments 2014 I C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081KJ
Alpinvest Partners 2014 I B.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081KJ