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NetScout Systems, Inc.

NASDAQ•NTCT
CEO: Mr. Anil K. Singhal
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 1999-08-12
NetScout Systems, Inc. provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules to analyze and troubleshoot traffic in radio access and Wi-Fi networks. It also provides nGeniusPULSE, an active testing tool to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG platform for real-time collection and analysis of information-rich, high-volume packet-flow data from across the network that is displayed through the nGeniusONE Service Assurance Solution; vSTREAM, a virtualized form factor version of its intelligent data source; packet flow systems, including the nGeniusONE Service Assurance platform; and test access points. Further, it provides cybersecurity solutions to protect networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud; and advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.
Contact Information
310 Littleton Road, Westford, MA, 01886-4105, United States
978-614-4000
www.netscout.com
Market Cap
$2.17B
P/E (TTM)
22.5
45
Dividend Yield
--
52W High
$31.20
52W Low
$18.12
52W Range
91%
Rank35Top 29.9%
4.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$250.68M+0.00%
4-Quarter Trend

EPS

$0.76+0.00%
4-Quarter Trend

FCF

$59.26M+0.00%
4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Revenue Growth Six Percent Total revenue $656.4M, up 6% for nine months ended December 31, 2025, driven by product and service growth across verticals.
Profitability Reverses Loss Switched to Net Income $77.3M versus prior year Net Loss of $(385.5M)$, largely due to no goodwill impairment charge.
Gross Margin Expansion Gross profit percentage improved 2 points to 80% due to favorable product mix, especially increased software licensing revenue.
Operating Cash Flow Strong Operating cash flow provided $142.3M over nine months, a substantial increase from $76.1M provided in the prior year period.

Risk Factors

Macroeconomic Uncertainty Persists Ongoing global tensions, inflation, and recession risks could negatively affect funding access and future customer spending dynamics.
Goodwill Impairment Potential Management notes potential for future goodwill impairment charges if business conditions deteriorate or fair value tests fail unexpectedly.
Product Backlog Declining Total combined product backlog decreased to $24.0M from $33.1M at March 31, 2025, indicating near-term order uncertainty.
Customer Revenue Concentration One direct customer and one channel partner each accounted for 10% of Q4 2025 revenue, posing concentration risk.

Outlook

Credit Facility Fully Available Full $600M revolving credit facility remains available, ensuring sufficient liquidity for obligations over the next twelve months.
Focus on Margin Enhancement Focused on driving product innovation and enhancing margins through continued disciplined cost management navigating fiscal year 2026.
Share Repurchase Capacity $21.5M shares remain available for repurchase under the 2022 Share Repurchase Program as of December 31, 2025.
New Accounting Standards Review Evaluating impact of new accounting standards ASU 2024-03 and ASU 2025-01, effective in future fiscal years starting 2027/2028.

Peer Comparison

Revenue (TTM)

PLUS stock ticker logoPLUS
$2.36B
+12.6%
TDC stock ticker logoTDC
$1.66B
-5.0%
PGY stock ticker logoPGY
$1.26B
+25.6%

Gross Margin (Latest Quarter)

ADEA stock ticker logoADEA
92.2%
-0.4pp
DV stock ticker logoDV
82.5%
-0.4pp
NTCT stock ticker logoNTCT
81.6%
+2.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BELFB$2.58B7.015.1%25.4%
ADEA$2.54B22.826.3%41.9%
TDC$2.50B19.266.4%31.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.9%
Steady Growth
4Q Net Income CAGR
43.6%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 6, 2026
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