N-Able Inc (NABL)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022
Gross profit (ttm)	US$ in thousands	353,672	343,558	331,771	320,171	313,159	308,674	306,377	301,439
Revenue (ttm)	US$ in thousands	423,324	410,532	396,492	382,039	373,927	365,298	360,194	353,907
Gross profit margin		83.55%	83.69%	83.68%	83.81%	83.75%	84.50%	85.06%	85.17%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $353,672K ÷ $423,324K
= 83.55%

The gross profit margin of N-Able Inc has been relatively stable over the past eight quarters. The company's gross profit margin has shown a slight fluctuation within a narrow range, ranging from a low of 83.55% to a high of 85.17%. Overall, the company has demonstrated consistently strong margins, reflecting its ability to effectively manage production costs and pricing strategies. The trend indicates that N-Able Inc has maintained a strong position in generating profits from its core operations.