NetScout Systems, Inc.

NTCT Technology Software Infrastructure

NetScout Systems, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $859.5 million, up 4.47% from fiscal 2025.

Revenue
+12.7%
EPS
+700.0%
Free cash flow
−38.2%

Quarter to June 2026, against a year earlier

37.76 0.17 −0.45%
Market cap
$2.8B
P/E
22.9×
Fwd P/E
28.0×
Dividend yield
—
F-score
8/9
Altman Z
2.70
Beneish M
−2.86
Dividend safety
n/a

NetScout Systems, Inc. (NTCT) Free cash flow margin

Alert me on Free cash flow margin

NetScout Systems, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 29.2%, down 4.0 percentage points from fiscal 2026 (33.2%). Over the past ten years it has ranged from 6.32% (fiscal 2024) to 33.4% (fiscal 2022); the current reading is higher than 92% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 1.27%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 33.2% 7.57
FY2025 25.6% 19.32
FY2024 6.32% (9.65)
FY2023 16.0% (17.41)
FY2022 33.4% 9.63
FY2021 23.8% 0.75
FY2020 23.0% 9.12
FY2019 13.9% (6.98)
FY2018 20.9% 4.11
FY2017 16.8% 9.75

Against its own ten years

Low 6.32% High 33.4%
Ten-year median 20.8%
Current reading's percentile 92

Free cash flow margin against peers

Company Free cash flow margin
TDC Teradata Corporation compare 43.4%
NTCT NetScout Systems, Inc. 29.2%
FLYW Flywire Corporation compare 21.5%
WIX Wix.com Ltd. compare 19.3%
FIVN Five9, Inc. compare 14.1%
PAYO Payoneer Global Inc. compare 10.7%
EEFT Euronet Worldwide, Inc. compare 0.00%
CLBT Cellebrite DI Ltd. compare −3.90%
TCGL TechCreate Group Ltd. compare —
Software Infrastructure industry median 0.00%
Technology sector median 1.27%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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