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Side-by-side financial comparison of N-able, Inc. (NABL) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
N-able, Inc. is the larger business by last-quarter revenue ($130.3M vs $97.9M, roughly 1.3× Safehold Inc.). On growth, N-able, Inc. posted the faster year-over-year revenue change (11.8% vs 6.5%). Over the past eight quarters, N-able, Inc.'s revenue compounded faster (7.0% CAGR vs 2.5%).
Able UK is a British industrial services company specialising in decommissioning of ships and offshore installations.
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
NABL vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $130.3M | $97.9M |
| Net Profit | — | $27.9M |
| Gross Margin | 76.2% | 98.6% |
| Operating Margin | 10.2% | 27.4% |
| Net Margin | — | 28.5% |
| Revenue YoY | 11.8% | 6.5% |
| Net Profit YoY | — | 7.1% |
| EPS (diluted) | $-0.04 | $0.38 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $130.3M | $97.9M | ||
| Q3 25 | $131.7M | $96.2M | ||
| Q2 25 | $131.2M | $93.8M | ||
| Q1 25 | $118.2M | $97.7M | ||
| Q4 24 | $116.5M | $91.9M | ||
| Q3 24 | $116.4M | $90.7M | ||
| Q2 24 | $119.4M | $89.9M | ||
| Q1 24 | $113.7M | $93.2M |
| Q4 25 | — | $27.9M | ||
| Q3 25 | $1.4M | $29.3M | ||
| Q2 25 | $-4.0M | $27.9M | ||
| Q1 25 | $-7.2M | $29.4M | ||
| Q4 24 | — | $26.0M | ||
| Q3 24 | $10.8M | $19.3M | ||
| Q2 24 | $9.5M | $29.7M | ||
| Q1 24 | $7.5M | $30.7M |
| Q4 25 | 76.2% | 98.6% | ||
| Q3 25 | 77.5% | 98.5% | ||
| Q2 25 | 78.1% | 99.1% | ||
| Q1 25 | 76.6% | 98.8% | ||
| Q4 24 | 80.0% | 98.8% | ||
| Q3 24 | 82.9% | 98.8% | ||
| Q2 24 | 84.0% | 98.8% | ||
| Q1 24 | 83.9% | 98.8% |
| Q4 25 | 10.2% | 27.4% | ||
| Q3 25 | 8.8% | 25.9% | ||
| Q2 25 | 7.7% | 25.5% | ||
| Q1 25 | 1.5% | 25.9% | ||
| Q4 24 | 13.7% | 24.6% | ||
| Q3 24 | 20.5% | 17.5% | ||
| Q2 24 | 18.4% | 26.7% | ||
| Q1 24 | 18.0% | 26.4% |
| Q4 25 | — | 28.5% | ||
| Q3 25 | 1.1% | 30.5% | ||
| Q2 25 | -3.1% | 29.8% | ||
| Q1 25 | -6.1% | 30.1% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | 9.2% | 21.3% | ||
| Q2 24 | 7.9% | 33.0% | ||
| Q1 24 | 6.6% | 33.0% |
| Q4 25 | $-0.04 | $0.38 | ||
| Q3 25 | $0.01 | $0.41 | ||
| Q2 25 | $-0.02 | $0.39 | ||
| Q1 25 | $-0.04 | $0.41 | ||
| Q4 24 | $0.01 | $0.36 | ||
| Q3 24 | $0.06 | $0.27 | ||
| Q2 24 | $0.05 | $0.42 | ||
| Q1 24 | $0.04 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.8M | $21.7M |
| Total DebtLower is stronger | $393.9M | $4.6B |
| Stockholders' EquityBook value | $804.7M | $2.4B |
| Total Assets | $1.4B | $7.2B |
| Debt / EquityLower = less leverage | 0.49× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | $21.7M | ||
| Q3 25 | $101.4M | $12.1M | ||
| Q2 25 | $93.9M | $13.9M | ||
| Q1 25 | $94.1M | $17.3M | ||
| Q4 24 | $85.2M | $8.3M | ||
| Q3 24 | $174.4M | $15.6M | ||
| Q2 24 | $157.5M | $13.4M | ||
| Q1 24 | $139.2M | $11.3M |
| Q4 25 | $393.9M | $4.6B | ||
| Q3 25 | $331.7M | $4.5B | ||
| Q2 25 | $332.1M | $4.4B | ||
| Q1 25 | $332.6M | $4.3B | ||
| Q4 24 | $333.1M | $4.3B | ||
| Q3 24 | $333.6M | $4.3B | ||
| Q2 24 | $334.1M | $4.2B | ||
| Q1 24 | $334.5M | $4.1B |
| Q4 25 | $804.7M | $2.4B | ||
| Q3 25 | $813.4M | $2.4B | ||
| Q2 25 | $809.4M | $2.4B | ||
| Q1 25 | $775.1M | $2.4B | ||
| Q4 24 | $759.3M | $2.3B | ||
| Q3 24 | $765.0M | $2.3B | ||
| Q2 24 | $724.4M | $2.3B | ||
| Q1 24 | $709.1M | $2.3B |
| Q4 25 | $1.4B | $7.2B | ||
| Q3 25 | $1.4B | $7.1B | ||
| Q2 25 | $1.4B | $7.1B | ||
| Q1 25 | $1.4B | $6.9B | ||
| Q4 24 | $1.3B | $6.9B | ||
| Q3 24 | $1.2B | $6.8B | ||
| Q2 24 | $1.2B | $6.8B | ||
| Q1 24 | $1.1B | $6.7B |
| Q4 25 | 0.49× | 1.90× | ||
| Q3 25 | 0.41× | 1.89× | ||
| Q2 25 | 0.41× | 1.87× | ||
| Q1 25 | 0.43× | 1.85× | ||
| Q4 24 | 0.44× | 1.84× | ||
| Q3 24 | 0.44× | 1.88× | ||
| Q2 24 | 0.46× | 1.81× | ||
| Q1 24 | 0.47× | 1.81× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $25.3M | $47.8M |
| Free Cash FlowOCF − Capex | $20.9M | — |
| FCF MarginFCF / Revenue | 16.0% | — |
| Capex IntensityCapex / Revenue | 3.4% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $25.3M | $47.8M | ||
| Q3 25 | $24.0M | $-1.4M | ||
| Q2 25 | $24.2M | $28.0M | ||
| Q1 25 | $19.7M | $8.9M | ||
| Q4 24 | $26.0M | $37.9M | ||
| Q3 24 | $22.0M | $8.3M | ||
| Q2 24 | $27.3M | $24.8M | ||
| Q1 24 | $4.2M | $-3.1M |
| Q4 25 | $20.9M | — | ||
| Q3 25 | $17.4M | — | ||
| Q2 25 | $20.4M | — | ||
| Q1 25 | $16.4M | — | ||
| Q4 24 | $18.8M | — | ||
| Q3 24 | $18.2M | — | ||
| Q2 24 | $24.0M | — | ||
| Q1 24 | $746.0K | — |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 13.2% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 13.9% | — | ||
| Q4 24 | 16.2% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | 20.1% | — | ||
| Q1 24 | 0.7% | — |
| Q4 25 | 3.4% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 3.0% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | 17.36× | -0.05× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 2.04× | 0.43× | ||
| Q2 24 | 2.89× | 0.83× | ||
| Q1 24 | 0.56× | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NABL
| Transferred Over Time | $121.9M | 94% |
| Transferred At Point In Time | $8.4M | 6% |
| Other Revenue | $1.3M | 1% |
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
