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N-able NRR

Net Revenue Retention history for N-able (NABL) - Dev Tools, Public stage. Sourced from SEC filings and earnings releases.

Latest NRR · FY2025-Q4
103.0%
All-time peak
111.0%
FY2024-Q1
All-time low
85.0%
FY2024-Q4
Disclosures tracked
9
since FY2020-Q2
QoQ ▲ 1.0pp
YoY ▲ 18.0pp

NRR vs GRR over time

0%32%64%96%128% FY2020-Q2FY2024-Q2FY2024-Q4FY2025-Q2FY2025-Q4 Retention NRR (incl. expansion) GRR (excl. expansion) NRR — FY2020-Q2: 103% NRR — FY2024-Q1: 111% NRR — FY2024-Q2: 108% NRR — FY2024-Q3: 105% NRR — FY2024-Q4: 85% NRR — FY2025-Q1: 101% NRR — FY2025-Q2: 102% NRR — FY2025-Q3: 102% NRR — FY2025-Q4: 103% GRR — FY2020-Q2: 0% GRR — FY2024-Q1: 0% GRR — FY2024-Q2: 0% GRR — FY2024-Q3: 0% GRR — FY2024-Q4: 85% GRR — FY2025-Q1: 0% GRR — FY2025-Q2: 0% GRR — FY2025-Q3: 0% GRR — FY2025-Q4: 0%

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Peak NRR of 111.0% in FY2024-Q1. Latest is 103.0% - that's -8.0pp from peak.

N-able is below the Dev Tools Public median by -14.5pp (cell median: 117%)

What the data shows

N-able (NABL) is a dev tools company at the public stage. As of its most recent disclosure (FY2025-Q4), N-able reported a Net Revenue Retention rate of 103.0% - a mid-pack result for B2B SaaS at this segment.

N-able's NRR peaked at 111.0% in FY2024-Q1, 8pp above today's level.

Within its peer set (dev tools companies at public stage in the $25k-$100k acv band), N-able's NRR is meaningfully below the cell median of 117%. Compare against the full peer cell aggregate for distribution and top performers.

Customer mix

Total customers
Over $100K ARR
Over $1M ARR
US revenue mix
55%
2025-12-31
Top-10 concentration
Average ACV

Commercial structure

Contract shape and forward-booked revenue.

Multi-year contracts
Avg contract length
RPO (total)
cRPO (next 12mo)
New customers added
Subscription rev mix
99%
2025-12-31

Customer experience

Health scores, usage, and time-to-value when disclosed.

NPS
CSAT
Active users
11,000,000
2025-12-31
Products per customer
Time to value

The post-sales motion

Pricing model
hybrid
Renewal cadence
multi-year
CS team size
Customers per CSM

CS team segments: Strategic · Enterprise · Mid-Market · SMB

CSM model: account-named

Education programs: Empower conference

Derived signals

Computed from the data above. Shows where value comes from and where leakage hides.

Expansion contribution
0.0pp
NRR − GRR

What N-able is doing

Named CS initiatives across recent disclosures (newest first).

What they're working through

Challenges acknowledged by management. Useful peer signals — your team is probably not alone.

What execs say about post-sales

Curated quotes about customer outcomes, retention, renewals.

"We believe customers with long-term commitments will build a stronger connection with N-able... expected to drive higher retention and expansion over time."
John Pagliuca, President and CEO (Prepared Remarks)
"Our cyber resiliency platform addresses SMB and mid-market core security needs, and our customer success model is dedicated to their outcomes."
John Pagliuca, President and CEO (Prepared Remarks)
"Impact on the improvements we're looking to drive will be driven mostly through the cross-sell opportunity that we have within the customer base."
Tim O'Brien, EVP and CFO (Q&A Session)
"Customers are renewing at a very healthy clip... renewing at a clip around 90% or so."
Tim O’Brien, CFO (Q&A)
"Our end-to-end value proposition is resonating. We saw healthy year-over-year growth in our ARR per device."
John Pagliuca, President and CEO (Prepared Remarks)
"Both gross and net retention improved year-over-year and quarter-over-quarter, underscoring the value customers are seeing."
John Pagliuca, President and CEO (Prepared Remarks)

Competitive dynamics

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Every disclosure

Period NRR GRR Source type Filing
FY2025-Q4 103.0% - earnings-call-transcript source ↗
FY2025-Q3 102.0% - 10-Q-mdna source ↗
FY2025-Q2 102.0% - 10-Q-mdna source ↗
FY2025-Q1 101.0% - 10-Q-mdna source ↗
FY2024-Q4 85.0% 85.0% earnings-call-transcript source ↗
FY2024-Q3 105.0% - 10-Q-mdna source ↗
FY2024-Q2 108.0% - 10-Q-mdna source ↗
FY2024-Q1 111.0% - 10-Q-mdna source ↗
FY2020-Q2 103.0% - 10-K source ↗
Last verified disclosure: 2025-12-31 · Report an inaccuracy → · How we verify →

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