N-able, Inc.

Q2 was another strong quarter for N-able, as we surpassed the $500M ARR milestone, beat the high end of our top-and-bottom-line guidance, and began executing on our share repurchase program, added N-able CFO Tim O Brien.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Balance Sheet As of June 30, 2025, total cash and cash equivalents were $93.9 million and total debt, net of debt issuance costs, was $332.1 million.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Unlevered free cash flow is a measure of our liquidity used by management to evaluate cash flow from operations, after the deduction of capital expenditures and prior to the impact of our capital structure, transaction related costs, restructuring costs, spin-off costs, employer-paid payroll taxes on stock awards and certain one-time items, that can be used by us for strategic opportunities and strengthening our balance sheet.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

However, given our debt obligations, unlevered free cash flow does not represent residual cash flow available for discretionary expenses.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

( Adlumin ) in November 2024; expectations regarding hiring additional personnel globally in the areas of sales and marketing and research and development; intentions regarding our international earnings; expectations regarding our capital expenditures; and our beliefs regarding the sufficiency of our cash and cash equivalents, cash flows from operating activities and borrowing capacity.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026

As of June 30, 2026 and December 31, 2025, the carrying value of our outstanding debt approximates its estimated fair value as the interest rate on the debt is adjusted for changes in market rates.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026

We believe this quarter s progress - highlighted by the continued development of our security suite and further expansion into the channel - strengthens our standing as a cybersecurity vendor of choice.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

As we advance our strategy to deliver cyber resiliency at scale, we remain focused on growth-oriented investment and disciplined execution.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Bringing together global IT leaders to advance cyber resilience and partner collaboration, Empower welcomed hundreds of attendees, and featured extensive thought leadership, technical deep dives, product announcements and community building, all focused on the future of cybersecurity and IT service delivery.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Unlevered free cash flow is a measure of our liquidity used by management to evaluate cash flow from operations, after the deduction of capital expenditures and prior to the impact of our capital structure, transaction related costs, restructuring costs, spin-off costs, employer-paid payroll taxes on stock awards and certain one-time items, that can be used by us for strategic opportunities and strengthening our balance sheet.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The guidance establishes a three-tiered fair value hierarchy that prioritizes inputs to valuation techniques used in fair value calculations.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026

We have not reconciled our estimates of these non-GAAP financial measures to their most directly comparable GAAP measure as a result of uncertainty regarding, and the potential variability of, these excluded items in future periods.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially and adversely different from any future results, performance or achievements expressed or implied by the forward-looking statements.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

federal income tax purposes, which could result in N-able incurring significant tax liabilities, and, in certain circumstances, requiring us to indemnify SolarWinds for material taxes and other related amounts pursuant to indemnification obligations under the tax matters agreement and that the spin-off may not achieve some or all of any anticipated benefits with respect to our business and (u) such other risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the risk factors described in N-able s Annual Report on Form 10-K for the year ended December 31, 2024, that N-able filed with the SEC on March 7, 2025.

SEC original ↗N-able, Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 46 Item 1A.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026

and internationally, including increased tariffs or trade wars, or other geopolitical events globally, or that such factors may otherwise harm our business, financial condition or results of operations; recent significant changes to U.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026

Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements.

SEC original ↗N-able, Inc. — 10-Q Quarterly report10-QAug 10, 2026