NETSCOUT SYSTEMS INC

Listed Company

NTCTCIK 0001078075NasdaqLarge AcceleratedServices-Computer Integrated Systems DesignDelawareFY ends Mar 31

Period

FY 2026

Revenue

$859.48M

Net Income

$95.53M

Total Assets

$2.35B

Equity

$1.65B

Shares Out

71.50M

Op. Cash Flow

$294.54M

Business

NETSCOUT SYSTEMS INC provides service assurance and cybersecurity solutions that leverage deep packet inspection and Adaptive Service Intelligence (ASI) technology to monitor, protect, and optimize digital service delivery. Its main products and services include nGeniusONE management software, ISNG visibility probes, nGeniusPULSE testing tools, Arbor DDoS protection, and Omnis network detection and response offerings, delivered as hardware appliances, virtualized software, or SaaS. The company serves enterprise, government, and telecommunications service provider segments with distinct service assurance and cybersecurity product lines. NETSCOUT distributes products through a global direct sales force and an extensive indirect channel of resellers, distributors, and systems integrators across international markets.

Summary from filing dated 2025-05-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
Revenue:	—	—	—
Total revenue	859	823	829
Cost of revenue:	—	—	—
Total cost of revenue	177	179	187
Gross profit	682	644	642
Operating expenses:	—	—	—
Research and development	159	153	161
Sales and marketing	265	268	271
General and administrative	103	97	96
Amortization of acquired intangible assets	45	46	50
Restructuring charges	883,000	21	0
Goodwill impairment	0	427	217
Gain on divestiture of a business	0	0	4
Total operating expenses	573	1,012	792
Income (loss) from operations	110	−368	−150
Interest and other income, net:	—	—	—
Interest income	14	11	10
Interest expense	2	7	9
Other (expense) income, net	−3	−2	4
Total interest and other income, net	9	2	5
Income (loss) before income tax expense	119	−366	−145
Income tax expense	23	1	3
Net income (loss)	96	−367	−148
Basic net income (loss) per share	1.33	−5.12	−2.07
Diluted net income (loss) per share	1.3	−5.12	−2.07
Weighted average common shares outstanding used in computing:	—	—	—
Net income (loss) per share-basic	72	72	71
Net income (loss) per share-diluted	73	72	71

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
Assets	—	—
Current assets:	—	—
Cash and cash equivalents	586	457
Marketable securities	81	34
Accounts receivable and unbilled costs, net of allowance for doubtful accounts of $129 and $214 at March 31, 2026 and 2025, respectively	151	164
Inventories and deferred costs	13	13
Prepaid income taxes	6	13
Prepaid expenses and other current assets	29	32
Total current assets	868	713
Fixed assets, net	24	22
Operating lease right-of-use assets	36	38
Goodwill	1,071	1,076
Intangible assets, net	214	259
Deferred income taxes	94	66
Long-term marketable securities	37	1
Other assets	12	12
Total assets	2,355	2,187
Liabilities and Stockholders’ Equity	—	—
Current liabilities:	—	—
Accounts payable	23	18
Accrued compensation	85	57
Accrued other	20	19
Income taxes payable	2	883,000
Deferred revenue and customer deposits	331	302
Current portion of operating lease liabilities	10	11
Total current liabilities	470	408
Other long-term liabilities	7	8
Deferred tax liability	2	3
Accrued long-term retirement benefits	28	27
Long-term deferred revenue and customer deposits	168	148
Operating lease liabilities, net of current portion	30	33
Total liabilities	705	626
Commitments and contingencies (Note 19)	—	—
Stockholders’ equity:	—	—
Preferred stock, $0.001 par value: 5,000,000 authorized; none issued or outstanding	0	0
Common stock, $0.001 par value: 300,000,000 authorized; 136,628,693 and 134,038,262 issued and 71,464,664 and 72,060,237 outstanding	136,000	134,000
Additional paid-in capital	3,325	3,255
Accumulated other comprehensive income	4	4
Treasury stock at cost, 65,164,029 and 61,978,025	1,731	1,655
Retained earnings (Accumulated deficit)	51	−44
Total stockholders’ equity	1,649	1,560
Total liabilities and stockholders’ equity	2,355	2,187

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
Cash flows from operating activities:	—	—	—
Net Income	96	−367	−148
Adjustments to reconcile net income (loss) to cash provided by operating activities, net of the effects of acquisitions:	—	—	—
Depreciation and amortization	57	64	75
Loss on extinguishment of debt (non cash portion)	0	−1	0
Operating lease right-of-use assets	10	10	11
Gain on divestiture of a business	0	0	4
Loss on disposal of fixed assets	−23,000	−15,000	−303,000
Share-based compensation expense associated with equity awards	60	65	71
Change in fair value of derivative instrument	0	0	206,000
Goodwill impairment	0	427	217
Deferred income taxes	−28	−38	−46
Loss (gain) in equity investment	−988,000	393,000	5
Other gains (losses)	−15,000	9,000	1,000
Changes in assets and liabilities	—	—	—
Accounts receivable and unbilled costs	−12	−29	48
Inventories	2	−128,000	−609,000
Prepaid expenses and other assets	−11	2	6
Accounts payable	5	3	−2
Accrued compensation and other expenses	35	21	−34
Operating lease liabilities	−12	−12	−12
Income taxes payable	1	83,000	−4
Deferred revenue	49	17	−7
Net cash provided by operating activities	295	218	59
Cash flows from investing activities:	—	—	—
Purchase of marketable securities	163	45	53
Proceeds from maturity of marketable securities	68	45	65
Purchase of fixed assets	9	5	6
Purchase of intangible assets	0	1	0
Proceeds from sale of equity investment	12	0	0
Proceeds from divestiture of a business	0	0	8
Net cash (used in) provided by investing activities	−93	−7	13
Cash flows from financing activities:	—	—	—
Issuance of common stock under stock plans	2,000	3,000	3,000
Treasury stock repurchases	61	25	50
Tax withholding on restricted stock units	16	14	19
Payment of debt issuance costs	0	3	0
Repayment of long-term debt	0	175	0
Proceeds from issuance of long-term debt	0	75	0
Net cash used in financing activities	−77	−142	−69
Effect of exchange rate changes on cash and cash equivalents	4	−922,000	63,000
Net increase in cash and cash equivalents	129	68	3
Cash and cash equivalents, end of year	—	—	—
Cash and cash equivalents, end of year	—	—	—
Supplemental disclosures of cash flow information:	—	—	—
Cash paid for interest	0	4	6
Cash paid for income taxes	43	42	62
Non-cash transactions:	—	—	—
Transfers of inventory to fixed assets	2	1	2
Additions to property, plant and equipment included in accounts payable	1	461,000	158,000
Issuance of common stock under employee stock plans	12	11	14
Stock-based compensation included in fixed assets and other assets	586,000	0	0

Filings

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