NETSCOUT Systems, Inc. (NTCT)

Nasdaq Information Technology Communications Equipment S&P SmallCap 600

$31.51

-0.32 (-1.01%)

Close of Nov 06, 2026 · end-of-day data

Source: NETSCOUT Systems, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.16B	$986.79M	$909.92M	$891.82M	$831.28M	$855.58M	$914.53M	$829.46M	$822.68M	$859.48M
Cost of revenue	$346.14M	$271.90M	$254.13M	$242.19M	$222.10M	$214.19M	$223.10M	$187.41M	$178.74M	$176.99M
Gross profit	$815.97M	$714.88M	$655.79M	$649.63M	$609.18M	$641.39M	$691.43M	$642.04M	$643.94M	$682.49M
Research & development	$232.70M	$215.08M	$203.59M	$188.29M	$179.16M	$171.13M	$176.17M	$161.21M	$152.86M	$159.46M
Operating income	$62.06M	-$4.06M	-$71.58M	$17.64M	$37.13M	$48.63M	$77.66M	-$149.83M	-$367.60M	$109.83M
Interest expense	$9.18M	$12.63M	$26.14M	$20.60M	$10.88M	$8.05M	$10.25M	$8.65M	$7.16M	$1.71M
Pre-tax income	$52.19M	-$18.66M	-$92.91M	$1.92M	$22.30M	$42.89M	$68.42M	-$144.51M	-$365.79M	$118.51M
Income tax	$18.89M	-$98.47M	-$19.59M	$4.68M	$2.95M	$7.02M	$8.77M	$3.22M	$1.13M	$22.98M
Net income	$33.29M	$79.81M	-$73.32M	-$2.75M	$19.35M	$35.87M	$59.65M	-$147.73M	-$366.92M	$95.53M
EBITDA	$222.93M	$149.44M	$66.30M	$133.74M	$142.96M	$144.42M	$163.58M	-$74.84M	-$303.82M	$166.36M
EPS (basic)	$0.36	$0.91	$-0.93	$-0.04	$0.26	$0.48	$0.83	$-2.07	$-5.12	$1.33
EPS (diluted)	$0.36	$0.90	$-0.93	$-0.04	$0.26	$0.48	$0.82	$-2.07	$-5.12	$1.30
Diluted shares	92.92M	88.26M	78.62M	75.16M	73.82M	75.08M	73.05M	71.47M	71.63M	73.36M
Gross margin	70.2%	72.4%	72.1%	72.8%	73.3%	75.0%	75.6%	77.4%	78.3%	79.4%
Operating margin	5.3%	-0.4%	-7.9%	2.0%	4.5%	5.7%	8.5%	-18.1%	-44.7%	12.8%
Net margin	2.9%	8.1%	-8.1%	-0.3%	2.3%	4.2%	6.5%	-17.8%	-44.6%	11.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$304.88M	$369.82M	$409.63M	$338.49M	$467.18M	$636.16M	$386.79M	$389.67M	$457.42M	$586.50M
Short-term investments	$137.89M	$77.94M	$76.34M	$47.97M	$9.28M	$67.04M	$32.20M	—	—	—
Receivables	$294.37M	$213.44M	$235.32M	$213.51M	$197.72M	$148.25M	$143.85M	$192.10M	$163.65M	$151.47M
Inventory	$40.00M	$34.77M	$26.27M	$22.23M	$22.81M	$28.22M	$17.96M	$14.10M	$12.89M	$13.32M
Total current assets	$854.47M	$752.41M	$801.22M	$659.74M	$722.47M	$921.94M	$617.36M	$672.49M	$713.18M	$867.88M
Goodwill	$1.72B	$1.71B	$1.72B	$1.73B	$1.72B	$1.72B	$1.72B	$1.50B	$1.08B	$1.07B
Total assets	$3.60B	$3.37B	$3.27B	$3.12B	$3.09B	$3.19B	$2.82B	$2.60B	$2.19B	$2.35B
Total current liabilities	$460.19M	$413.30M	$379.94M	$399.00M	$411.27M	$476.16M	$453.61M	$395.08M	$407.93M	$470.15M
Long-term debt	$300.00M	$600.00M	$550.00M	$450.00M	$350.00M	$350.00M	$100.00M	$100.00M	$0	—
Total debt	$300.00M	$600.00M	$550.00M	$450.00M	$350.00M	$350.00M	$100.00M	$100.00M	$0	—
Total liabilities	$1.17B	$1.30B	$1.20B	$1.18B	$1.08B	$1.13B	$790.91M	$703.24M	$626.18M	$705.26M
Shareholders' equity	$2.44B	$2.07B	$2.07B	$1.94B	$2.01B	$2.06B	$2.03B	$1.89B	$1.56B	$1.65B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$226.76M	$222.45M	$149.84M	$225.02M	$213.92M	$296.01M	$156.65M	$58.81M	$217.67M	$294.54M
Capital expenditures	$29.70M	$15.91M	$23.39M	$19.92M	$11.99M	$10.35M	$10.48M	$6.36M	$5.41M	$9.11M
Free cash flow	$197.07M	$206.54M	$126.45M	$205.10M	$201.94M	$285.66M	$146.17M	$52.45M	$212.26M	$285.43M
Investing cash flow	-$41.62M	$57.13M	-$26.25M	-$4.31M	$24.70M	-$68.35M	$15.30M	$13.36M	-$7.00M	-$92.83M
Financing cash flow	-$89.55M	-$220.96M	-$79.28M	-$286.87M	-$118.31M	-$54.16M	-$419.43M	-$69.35M	-$142.01M	-$76.69M
Share buybacks	$80.00M	$501.32M	$14.47M	$175.00M	$3.27M	$35.65M	$150.04M	$50.00M	$25.26M	$60.80M
Stock-based compensation	$39.19M	$47.32M	$56.33M	$50.86M	$51.89M	$56.07M	$61.99M	$70.80M	$64.78M	$59.95M
Depreciation & amortization	$160.86M	$153.50M	$137.88M	$116.10M	$105.83M	$95.78M	$85.92M	$74.99M	$63.79M	$56.53M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$218.07M	$203.44M	$174.56M	$191.11M	$252.02M	$204.99M	$186.75M	$219.02M	$250.68M	$203.03M	$210.42M	$222.19M
Cost of revenue	$43.62M	$50.34M	$44.37M	$42.06M	$46.61M	$45.70M	$43.42M	$43.61M	$46.03M	$43.93M	$44.49M	$45.53M
Gross profit	$174.45M	$153.10M	$130.20M	$149.05M	$205.41M	$159.29M	$143.32M	$175.41M	$204.65M	$159.11M	$165.93M	$176.65M
Research & development	$37.02M	$43.56M	$42.47M	$35.91M	$37.75M	$36.74M	$39.79M	$40.27M	$39.63M	$39.77M	$42.35M	$38.97M
Operating income	-$134.45M	-$36.98M	-$463.32M	$14.12M	$61.71M	$19.89M	-$6.56M	$32.49M	$64.31M	$19.59M	$14.48M	$37.59M
Interest expense	$2.21M	$2.18M	$1.95M	$1.80M	$2.65M	$765.00K	$415.00K	$421.00K	$456.00K	$413.00K	$431.00K	$422.00K
Pre-tax income	-$133.72M	-$32.93M	-$453.70M	$12.33M	$57.38M	$18.20M	-$2.83M	$31.38M	$66.61M	$23.35M	$18.96M	$40.68M
Income tax	-$1.14M	-$513.00K	-$10.32M	$3.30M	$8.56M	-$416.00K	$851.00K	$5.55M	$11.47M	$5.11M	-$2.88M	$6.29M
Net income	-$132.58M	-$32.42M	-$443.38M	$9.03M	$48.81M	$18.62M	-$3.68M	$25.83M	$55.14M	$18.24M	$21.84M	$34.38M
EBITDA	-$115.93M	-$18.92M	-$446.92M	$30.22M	$77.40M	$35.48M	$7.89M	$46.84M	$77.81M	$33.81M	$28.91M	$52.62M
EPS (basic)	$-1.87	$-0.46	$-6.20	$0.13	$0.68	$0.27	$-0.05	$0.36	$0.76	$0.26	$0.30	$0.48
EPS (diluted)	$-1.87	$-0.46	$-6.20	$0.13	$0.67	$0.27	$-0.05	$0.35	$0.75	$0.24	$0.29	$0.47
Diluted shares	71.08M	-103.00K	71.47M	71.84M	72.57M	76.00K	71.73M	72.92M	73.82M	160.00K	74.60M	73.94M
Gross margin	80.0%	75.3%	74.6%	78.0%	81.5%	77.7%	76.7%	80.1%	81.6%	78.4%	78.9%	79.5%
Operating margin	-61.7%	-18.2%	-265.4%	7.4%	24.5%	9.7%	-3.5%	14.8%	25.7%	9.6%	6.9%	16.9%
Net margin	-60.8%	-15.9%	-254.0%	4.7%	19.4%	9.1%	-2.0%	11.8%	22.0%	9.0%	10.4%	15.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$297.65M	$389.67M	$362.21M	$363.36M	$398.36M	$457.42M	$489.57M	$483.38M	$540.64M	$586.50M	$552.83M	$438.36M
Receivables	$221.57M	$192.10M	$129.27M	$118.63M	$214.59M	$163.65M	$92.20M	$130.16M	$234.55M	$151.47M	$79.97M	$137.31M
Inventory	$15.34M	$14.10M	$14.99M	$16.39M	$14.41M	$12.89M	$13.05M	$12.38M	$12.41M	$13.32M	$20.91M	$30.00M
Total current assets	$609.32M	$672.49M	$590.05M	$583.71M	$692.16M	$713.18M	$683.91M	$708.03M	$856.85M	$867.88M	$772.26M	$729.81M
Goodwill	$1.55B	$1.50B	$1.08B	$1.07B	$1.08B	$1.08B	$1.07B	$1.07B	$1.07B	$1.07B	$1.10B	$1.10B
Total assets	$2.59B	$2.60B	$2.09B	$2.07B	$2.17B	$2.19B	$2.16B	$2.18B	$2.32B	$2.35B	$2.31B	$2.28B
Total current liabilities	$382.25M	$395.08M	$383.20M	$347.10M	$381.77M	$407.93M	$386.98M	$377.43M	$442.59M	$470.15M	$423.12M	$422.73M
Long-term debt	$100.00M	$100.00M	$75.00M	$75.00M	$75.00M	$0	—	—	—	—	—	—
Total debt	$100.00M	$100.00M	$75.00M	$75.00M	$75.00M	$0	—	—	—	—	—	—
Total liabilities	$685.90M	$703.24M	$653.42M	$611.28M	$654.16M	$626.18M	$609.88M	$602.63M	$680.38M	$705.26M	$647.81M	$638.94M
Shareholders' equity	$1.90B	$1.89B	$1.43B	$1.46B	$1.52B	$1.56B	$1.55B	$1.57B	$1.64B	$1.65B	$1.66B	$1.64B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$13.96M	$93.58M	$38.43M	-$3.73M	$41.45M	$141.52M	$73.55M	$6.65M	$62.07M	$152.26M	$50.77M	-$15.14M
Capital expenditures	$1.25M	$1.61M	$1.27M	$882.00K	$1.86M	$1.40M	$1.88M	$2.23M	$2.81M	$2.19M	$3.49M	$642.00K
Free cash flow	$12.71M	$91.96M	$37.16M	-$4.61M	$39.59M	$140.12M	$71.67M	$4.42M	$59.26M	$150.07M	$47.28M	-$15.78M
Investing cash flow	$20.40M	-$71.00K	-$3.09M	$3.94M	$1.19M	-$9.04M	-$17.29M	$4.72M	-$4.80M	-$75.47M	-$57.85M	-$20.31M
Financing cash flow	-$19.30M	-$204.00K	-$62.16M	-$1.60M	-$2.78M	-$75.48M	-$28.78M	-$17.98M	-$490.00K	-$29.44M	-$25.33M	-$79.29M
Share buybacks	$18.86M	$0	$25.00M	$257.00K	$0	$0	$15.01M	$16.55M	$1.00K	$29.23M	$0	$76.97M
Stock-based compensation	$16.36M	$16.15M	$21.20M	$14.89M	$14.50M	$14.20M	$19.96M	$13.56M	$13.83M	$12.60M	$17.96M	$13.87M
Depreciation & amortization	$18.52M	$18.06M	$16.41M	$16.10M	$15.69M	$15.60M	$14.46M	$14.35M	$13.50M	$14.22M	$14.44M	$15.03M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.