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N-able’s AI Push — Why N-zo & DRaaS Could Reshape IT Automation!

National Australia Bank Limited reported its results for the first quarter of fiscal year 2026 reflecting steady growth amid a challenging cybersecurity landscape increasingly shaped by AI advancements. The company generated an Annual Recurring Revenue (ARR) of $548 million, representing an 8% year-over-year increase on a constant currency basis, alongside a total revenue of $134 million, which exceeded guidance by $2 million and marked a 13% growth year-over-year on a reported basis. Adjusted EBITDA margin stood at 27%, with gross margin slightly declining to 80% from 81% a year earlier. Non-GAAP earnings per share reached $0.09. A notable driver was the company’s upmarket momentum, highlighted by a 13% increase in customers contributing over $50,000 ARR, now accounting for 62% of total ARR. Growth in higher-value clients (those above $100,000 ARR) also contributed to a resilient net revenue retention rate of 106%.