Netskope (NTSK) financial statements
Netskope reported revenue of $709M in fiscal 2026, up 32.0% a year over 2 years.
Net income was -$679M and the operating margin -92.0%, against -76.9% in 2024.
Free cash flow was $12M, and the company returned $565,000 in net buybacks.
The diluted share count rose 134% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Netskope's 10-K filings with the SEC.
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | $407M | $538M | $709M |
| Cost of revenue | $164M | $190M | $226M |
| Gross profit | $243M | $348M | $483M |
| Research and development | $224M | $254M | $509M |
| Selling, general and admin | $332M | $349M | $626M |
| Operating income | -$313M | -$256M | -$653M |
| Pre-tax income | -$338M | -$350M | -$668M |
| Income tax | $7M | $4M | $11M |
| Net income | -$345M | -$355M | -$679M |
| EPS (diluted) | -$3.77 | -$3.64 | -$3.18 |
| Diluted shares | 91M | 98M | 214M |
| Gross margin | 59.8% | 64.6% | 68.1% |
| Operating margin | -76.9% | -47.5% | -92.0% |
| Net margin | -84.8% | -65.9% | -95.8% |
Balance sheet
Fiscal years, from Netskope's 10-K filings with the SEC.
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Cash and short-term investments | — | $247M | $1.2B |
| Receivables | — | $195M | $158M |
| Inventory | — | $6M | $5M |
| Total current assets | — | $528M | $1.4B |
| Property, plant and equipment | — | $99M | $94M |
| Goodwill | $57M | $61M | $61M |
| Total assets | — | $859M | $1.8B |
| Total current liabilities | — | $527M | $682M |
| Total liabilities | — | $1.3B | $1.6B |
| Shareholders' equity | -$257M | -$486M | $195M |
| Net debt | — | -$166M | -$433M |
Cash flow
Fiscal years, from Netskope's 10-K filings with the SEC.
| Fiscal year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating cash flow | -$167M | -$111M | $38M |
| Capital spending | $38M | $37M | $26M |
| Free cash flow | -$205M | -$148M | $12M |
| Stock-based compensation | $61M | $51M | $516M |
| Share buybacks (net) | $0 | $0 | -$565,000 |
| Net borrowing | $0 | $74M | $0 |
| Free cash flow margin | -50.4% | -27.5% | 1.7% |
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Open NTSK in InvestinglyQuestions
What was Netskope's revenue in 2026?
$709M in fiscal 2026, from its 10-K filing.
How much free cash flow does Netskope generate?
$12M in fiscal 2026 (operating cash flow minus capital spending).
From Netskope's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.