stockrow
Friday 6 November 2026
Export NTSK’s income statement to Excel — free account
Netskope Inc.
NTSK Technology Software Infrastructure
Netskope Inc.’s revenue for fiscal 2026 (year ended January 2026) was $709.0 million, up 31.7% from fiscal 2025.
- Revenue
- +29.2%
- EPS
- +67.7%
- Free cash flow
- −51.6%
- Total debt
- +11.4%
Quarter to July 2026, against a year earlier
21.74
1.03
−4.52%
Follow NTSK
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to January
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM Jul ’26 | Trend | 10 yrs | 2027e | 2028e | 2029e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 407 | 538 | 709 | 803 | +32.0% | 891 | 1,079 | 1,299 | +22.4% | |
| Gross margin, % | — | — | — | — | — | — | — | 59.78 | 64.63 | 68.08 | 69.92 | +8.3 pt | ||||||
| EBT | — | — | — | — | — | — | — | (338) | (350) | (668) | (725) | +40.6% | ||||||
| EBT margin, % | — | — | — | — | — | — | — | (83.09) | (65.07) | (94.23) | (90.28) | (11.1) pt | ||||||
| Net income | — | — | — | — | — | — | — | 0 | (355) | (679) | (737) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 4.45 | 5.52 | 3.31 | 1.98 | (13.7%) | |||||
| Earnings | — | — | — | — | — | — | — | (3.77) | (3.64) | (3.18) | (2.55) | (8.2%) | ||||||
| Cash flow | — | — | — | — | — | — | — | (1.83) | (1.13) | 0.18 | (0.10) | n/m | ||||||
| Capex | — | — | — | — | — | — | — | (0.45) | (0.41) | (0.12) | (0.08) | (48.3%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | (2.28) | (1.55) | 0.06 | (0.18) | n/m | ||||||
| Book value | — | — | — | — | — | — | — | 0.00 | (4.98) | 0.91 | 0.39 | n/m | ||||||
| Shares, m | — | — | — | — | — | — | — | 91 | 98 | 214 | 316 | +53.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | — | 0.00 | 0.00 | 4.25 | 10.97 | 1.4 | ||||||
| P/B | — | — | — | — | — | — | — | 0.00 | 0.00 | 15.50 | 56.16 | 5.2 | ||||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 0.00 | 3.64 | 10.51 | 1.2 | ||||||
| EV/FCF | — | — | — | — | — | — | — | (19.43) | (19.43) | 208.41 | (112.95) | 56.5 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | (167) | (111) | 38 | (41) | n/m | |||||
| Capex | — | — | — | — | — | — | — | (41) | (40) | (26) | (34) | (21.0%) | ||||||
| Free cash flow | — | — | — | — | — | — | — | (208) | (151) | 12 | (75) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 2 | 767 | 697 | +45,123.0% | |||||
| Net debt | — | — | — | — | — | — | — | — | 380 | (437) | (369) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | (486) | 195 | 157 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | (82.59) | (51.65) | (86.11) | (51.6) pt | |||||
| ROIC | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 pt | ||||||
| ROE | — | — | — | — | — | — | — | 0.00 | 0.00 | 101.28 | 106.88 | +101.3 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 2,910 | — | 3,281 | — | +6.2% | |||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.22 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Jan 2026 · latest quarter Jul 2026 · fundamentals updated 25 Oct 2026
Business profile
Netskope Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SAIL SailPoint, Inc. | $10.5B | — (loss-making) | — (loss-making) | +16.82% (above 0%: growing) | n/m | −18.60% (below 0%: shrinking) | 66.51% | (19.09%) | Compare |
| PAYP PayPay Corporation | $9.7B | — | — | — | — | — | 100.00% | 28.08% | Compare |
| NTSK Netskope Inc. | $8.9B | — (loss-making) | — (loss-making) | +29.15% (above 0%: growing) | n/m | −51.62% (below 0%: shrinking) | 73.92% | (40.72%) | |
| DOCN DigitalOcean Holdings, Inc. | $8.3B | 171× | 175× | +39.87% (above 0%: growing) | n/m | +85.62% (above 0%: growing) | 50.15% | 10.28% | Compare |
| GTLB GitLab Inc. | $8.2B | — (loss-making) | — (loss-making) | +21.31% (above 0%: growing) | n/m | −107.11% (below 0%: shrinking) | 84.06% | (19.89%) | Compare |
| DBX Dropbox, Inc. | $7.8B | 19.7× | 20.7× | +0.93% (above 0%: growing) | −6.52% (below 0%: shrinking) | −10.29% (below 0%: shrinking) | 80.21% | 26.10% | Compare |
| S SentinelOne, Inc. | $7.5B | — (loss-making) | — (loss-making) | +20.56% (above 0%: growing) | n/m | −83.92% (below 0%: shrinking) | 72.07% | (31.08%) | Compare |
| ZETA Zeta Global Holdings Corp. | $7.4B | — (loss-making) | 299× | +43.55% (above 0%: growing) | n/m | +69.99% (above 0%: growing) | 59.12% | 3.82% | Compare |
| QLYS Qualys, Inc. | $6.9B | 34.7× | 38.3× | +11.04% (above 0%: growing) | +15.38% (above 0%: growing) | +72.34% (above 0%: growing) | 83.40% | 33.98% | Compare |
| Median of peers | $8.0B | 34.7× | 107× | +20.56% | — | −10.29% | 76.14% | 7.05% |
From the latest earnings call
- CEO Sanjay Beri said about a third of Netskope’s AI security pipeline was in or entering proof of concept, with enterprise sales typically taking six to 12 months.
- CFO Drew Del Matto said the shift to annual billing was temporarily deferring cash collections and was expected to be complete by the middle of next fiscal year.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
46.51%
Held by the ten largest
31.92%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| ICONIQ Capital, LLC | 66.27m | 16.41% | 0.00 |
| Vanguard | 16.31m | 4.04% | +10.36m |
| BlackRock | 9.30m | 2.30% | +5.90m |
| CPP Investments | 8.96m | 2.22% | +8.96m |
| Penserra Capital Management LLC | 6.70m | 1.66% | +6.70m |
| SAPPHIRE VENTURES, L.P. | 5.04m | 1.25% | −633.90k |
| BAMCO INC /NY/ | 4.57m | 1.13% | +743.26k |
| First Trust | 4.24m | 1.05% | +4.23m |
| Citigroup | 3.93m | 0.97% | +3.89m |
| Voya Investment Management | 3.64m | 0.90% | +765.94k |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Pay and ownership Proxy statement filed 27 May 2026
Ownership
Directors and executive officers, together
20.90% of the votes
Entities affiliated with Lightspeed Venture Partners
36.20% of the votes
Entities affiliated with Accel
16.60% of the votes
Sanjay Beri
14.30% of the votes
William Griffith
1.90% of the votes
Entities affiliated with ICONIQ
1.90% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Netskope Inc. (NTSK) Latest News
12 Oct
6 Oct
24 Sep
22 Sep
9 Sep
3 Sep
2 Sep
NTSK metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Shares outstanding
- Book value per share
Netskope sells cloud-delivered security and networking software to organizations. Its Netskope One platform helps customers protect sensitive data, block threats and manage access to websites, cloud services, private applications and AI tools. It serves organizations ranging from mid-market businesses to global enterprises and public-sector customers.
The platform examines the context of digital activity rather than relying only on a simple allow-or-block rule. For example, it can identify an attempt to enter sensitive corporate data into a personal AI application and direct the user toward a corporate instance. Customers can use it to set policies for people, devices, applications and AI agents.