Netskope, Inc. (NTSK) Income Statement
NTSK FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsNTSK revenue and net income
Where NTSK's revenue goes
FY2026Each bar shows an amount and its share of revenue. NTSK kept −95.8% of revenue as net income.
NTSK profit margins
NTSK growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +31.7% | — | — | — |
| Gross profit | +38.7% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NTSK quarterly EPS vs estimates
Netskope beat the analyst EPS estimate in 4 of the last 4 quarters.
NTSK income statement
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | $709.0M | $538.3M | $406.9M |
| Cost of revenue | $226.3M | $190.4M | $163.6M |
| Gross profit | $482.7M | $347.9M | $243.2M |
| Research & development | $509.0M | $254.2M | $224.5M |
| Sales, general & admin | $626.2M | $349.5M | $331.6M |
| Total operating expenses | $1.14B | $603.6M | $556.0M |
| Operating income | −$652.6M | −$255.7M | −$312.8M |
| Income before taxes | −$668.1M | −$350.3M | −$338.1M |
| Income taxes | $11.3M | $4.2M | $6.8M |
| Net income | −$679.4M | −$354.5M | −$344.9M |
| EBITDA | −$606.7M | −$204.2M | −$263.2M |
| EPS (diluted) | −$0.46 | −$0.93 | −$0.90 |
| Gross margin | 68.1% | 64.6% | 59.8% |
| Operating margin | −92.0% | −47.5% | −76.9% |
| Net margin | −95.8% | −65.9% | −84.8% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $220.5M | $201.6M | $196.3M | $184.2M | $170.8M | $157.7M | $148.5M | $138.5M | $130.3M | $121.0M | $113.9M |
| Cost of revenue | $57.5M | $53.3M | $53.1M | $77.5M | $47.5M | $48.2M | $49.2M | $46.8M | $47.2M | $47.2M | $44.4M |
| Gross profit | $163.0M | $148.3M | $143.3M | $106.6M | $123.2M | $109.5M | $99.3M | $91.8M | $83.0M | $73.8M | $69.5M |
| Research & development | $101.8M | $105.7M | $105.6M | $262.7M | $72.9M | $67.9M | $61.4M | $62.4M | $65.5M | $64.8M | $53.5M |
| Sales, general & admin | $151.0M | $151.3M | $152.0M | $290.9M | $96.4M | $87.0M | $79.1M | $83.2M | $93.3M | $93.9M | — |
| Total operating expenses | $252.8M | $257.0M | $257.6M | $553.6M | $169.2M | $154.9M | $140.5M | $145.2M | $158.8M | $158.7M | $140.0M |
| Operating income | −$89.8M | −$108.7M | −$114.3M | −$447.0M | −$46.0M | −$45.4M | −$41.2M | −$53.4M | −$75.8M | −$84.9M | −$70.5M |
| Income before taxes | −$107.7M | −$113.4M | −$53.4M | −$450.0M | −$87.8M | −$76.8M | −$75.9M | −$71.2M | −$109.7M | −$93.4M | — |
| Income taxes | $3.1M | $3.1M | $3.3M | $3.1M | $2.5M | $2.5M | — | — | $1.9M | $1.7M | — |
| Net income | −$110.8M | −$116.5M | −$56.8M | −$453.1M | −$90.3M | −$79.2M | −$77.0M | −$70.7M | −$111.6M | −$95.2M | −$90.6M |
| EBITDA | −$79.2M | −$98.7M | −$104.2M | −$436.7M | −$34.4M | −$31.4M | −$34.3M | −$48.2M | −$62.8M | −$71.6M | −$64.8M |
| EPS (diluted) | −$0.19 | −$0.06 | −$0.04 | −$0.10 | −$0.32 | — | — | — | — | — | — |
| Gross margin | 73.9% | 73.5% | 73.0% | 57.9% | 72.2% | 69.4% | 66.9% | 66.2% | 63.7% | 61.0% | 61.1% |
| Operating margin | −40.7% | −53.9% | −58.2% | −242.7% | −26.9% | −28.8% | −27.7% | −38.5% | −58.2% | −70.2% | −61.9% |
| Net margin | −50.2% | −57.8% | −28.9% | −246.0% | −52.9% | −50.2% | −51.9% | −51.1% | −85.7% | −78.6% | −79.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NTSK's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NTSK financial results
In fiscal year 2026 (ended January 31, 2026), Netskope reported revenue of $709.0 million, up 31.7% from the year before. It had a net loss of $679.4 million, a net profit margin of −95.8%. Diluted earnings per share came to −$0.46.
See the NTSK stock overview for the latest quote and news, or the NTSK chart for price history and technical indicators.
NTSK income statement FAQ
What is Netskope's annual revenue?
Netskope reported total revenue of $709.0 million for fiscal year 2026, which ended on January 31, 2026. That was up 31.7% from $538.3 million the previous year.
Is Netskope profitable?
No. Netskope reported a net loss of $679.4 million in fiscal 2026, a net profit margin of −95.8%; its operating margin was −92.0%.
What is Netskope's gross margin?
Netskope's gross margin was 68.1% in fiscal 2026: for every $100 of revenue, Netskope kept $68 after the direct cost of its products and services.
How much does Netskope spend on research and development?
Netskope spent $509.0 million on research and development in fiscal 2026, 71.8% of revenue.
What are Netskope's earnings per share?
Netskope earned $-0.46 per diluted share in fiscal 2026, compared with $-0.93 a year earlier.
When does Netskope's fiscal year end?
Netskope's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 31, 2026.