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Red Flags Detected

  • Material Weakness (new) — Company identified a material weakness in revenue recognition controls for certain subscription arrangements processed outside the ERP system, requiring restatement of FY2024 and FY2025 financials and reversal of management's prior conclusion that controls were effective.
NYSE: NABL N-able, Inc. 10-K/A

N-able restates FY2025 results on revenue-recognition material weakness

Filed August 10, 2026 · Period ending December 31, 2025 · Compared to 10-K Feb 26, 2026 · ~1 min read

Key Financials

SEC XBRL

Period financials are unchanged from the original 10-K (same period end Dec 31, 2025). This amendment updates disclosure only — see the diff below.

Key Changes

  • high

    Management reversed its conclusion on internal controls, now stating they were ineffective as of Dec 31, 2025 due to a material weakness in subscription revenue recognition outside the ERP system's automated module.

    Controls & Procedures verify on EDGAR →
  • high

    FY2025 revenue revised down $2.6M to $508.8M; net loss increased $1.8M to $18.8M; adjusted EBITDA reduced $2.2M to $151.0M. Errors deemed individually immaterial but material in aggregate.

    Note 17: Revision of Previously Issued Financial Statements verify on EDGAR →
  • high

    Auditor dual-dated opinion to Aug 10, 2026 for the revision and material weakness, adding revenue-recognition control testing procedures not present in the original Feb 26, 2026 opinion.

    Auditor Opinion view on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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View original filing on SEC.gov

Figures/quotes linked to EDGAR · Narrative written by AI · Aug 18, 2026 · How we verify