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Nakivo Reports Q1 2026 Results

Number of MSPs grew by 18% YoY in Q1 2026

Nakivo, a software company specializing in data protection and disaster recovery solutions, announced strong financial results for the first quarter of 2026, marked by continued global expansion, customer growth, and increasing demand across all major regions.MSP Business Continues Strong Global Expansion
The number of MSPs grew by 18% in Q1 2026 compared with Q1 2025, reflecting sustained demand for Nakivo’s backup, ransomware protection, and disaster recovery solutions among service providers worldwide. During the quarter, Nakivo worked with MSPs across 135 countries and territories, demonstrating the scale and diversity of the company’s international partner ecosystem.

“Our Q1 results reflect the continued strength of our MSP business and the increasing need for reliable, cost-effective data protection solutions,” said Bruce Talley, CEO, Nakivo. “MSPs are turning to Nakivo Backup & Replication to expand their service portfolios at margins well above the market, driven by predictable monthly licensing built for MSP economics, multi-tenant management, and one platform covering virtual, physical, cloud, and SaaS workloads.”

Total Revenue Increased 4% in Q1 2026
Total revenue grew 4% in Q1 2026 compared with Q1 2025, reflecting continued customer demand across global markets. Revenue in the first quarter was geographically distributed with 61% coming from EMEA, 11% from APJ, and 27% from the Americas.

EMEA delivered the company’s strongest regional performance in the quarter, with 4% YoY revenue growth, supported by continued partner expansion and customer adoption.

Countries where revenue grew by 100% quarter over quarter included Saudi Arabia, Serbia, Colombia, Georgia, Vietnam, Romania, Switzerland, Greece, Portugal, Israel, Australia, Latvia, and others.

Customer Base Expanded to 190 Countries
As of quarter-end, Nakivo had more than 16,000 paid customers across 190 countries and territories. Customer count grew by 9% in Q1 2026 compared with Q1 2025, reflecting continued global adoption of the company’s data protection solutions. During the quarter, Nakivo welcomed its first customer from Sint Maarten, further expanding its worldwide footprint.

New customers that joined in Q1 2026 included Naval War College, Softgarte GmbH, CACI, Chartered Professional Accountants of British Columbia, and others.

Partner Ecosystem Continued to Expand
The company added 209 new partners in Q1 2026, further strengthening its global Partner Programme. During the quarter, Nakivo also welcomed its first partner from Senegal, expanding its presence into additional emerging markets.

In addition, installations on QNAP Systems, Inc. platforms grew 3% in Q1 2026 compared with Q1 2025, reflecting continued demand for integrated backup solutions across NAS and edge environments.

Product Recognition and Industry Awards
Nakivo Backup & Replication was named a Gold Award recipient in the BCDR category of the 2026 Cybersecurity Excellence Awards. The recognition reflects the solution’s technical differentiation, real-world impact, and contribution to advancing cybersecurity, as evaluated by an independent panel of cybersecurity practitioners, analysts, and CISOs from the Cybersecurity Insiders community.

Product Announcements
In Q1 2026, Nakivo released Nakivo Backup & Replication v11.2 with support for VMware vSphere 9, Proxmox VE 9.0, and OAuth 2.0 authentication. This release expanded platform support and reinforced security and compliance across modern IT environments. 

Executive Perspective
“During the quarter, Nakivo continued to expand recurring revenue through MSP and subscription offerings, maintained strong channel retention and partner engagement worldwide, invested in backup automation, ransomware recovery, and disaster recovery innovation, and increased adoption across enterprise, SMB, and distributed IT environments,” says Bruce Talley, CEO, Nakivo. 

Outlook
Nakivo remains focused on its 2026 priorities: expanding channel partnerships, accelerating AI-driven product innovation, advancing AI-powered data protection, and delivering sustainable profitable growth.

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