NETSCOUT SYSTEMS INC
Business
NetScout Systems is an industry leader in enterprise network observability, carrier service assurance, cybersecurity, and DDoS protection solutions powered by deep packet inspection technology. The company provides service assurance solutions for network observability and analytics, cybersecurity solutions including DDoS protection under the Arbor brand, and Omnis Insights for streaming smart data to third-party platforms and AI workflows. NetScout serves enterprises, telecommunications service providers, government agencies, and cloud providers globally through direct sales and indirect reseller channels, with products deployed as hardware appliances, software-only, virtualized, or SaaS solutions.
Summary from 10-K filed 2026-05-14
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Total revenue | 859 | 823 | 829 | 915 | 856 | |
| Total cost of revenue | 177 | 179 | 187 | 223 | 214 | |
| Gross profit | 682 | 644 | 642 | 691 | 641 | |
| Research and development | 159 | 153 | 161 | 176 | 171 | |
| Sales and marketing | 265 | 268 | 271 | 277 | 264 | |
| General and administrative | 103 | 97 | 96 | 104 | 98 | |
| Amortization of acquired intangible assets | 45 | 46 | 50 | 55 | 60 | |
| Restructuring charges | 883,000 | 21 | 0 | 2 | 0 | |
| Goodwill impairment | 0 | 427 | 217 | 0 | 0 | |
| Gain on divestiture of a business | 0 | 0 | −4 | 0 | 0 | |
| Total operating expenses | 573 | 1,012 | 792 | 614 | 593 | |
| Income (loss) from operations | 110 | −368 | −150 | 78 | 49 | |
| Interest income | 14 | 11 | 10 | 5 | 297,000 | |
| Interest expense | −2 | −7 | −9 | −10 | — | |
| Other (expense) income, net | −3 | −2 | 4 | −4 | 2 | |
| Total interest and other income, net | 9 | 2 | 5 | −9 | −6 | |
| Income (loss) before income tax expense | 119 | −366 | −145 | 68 | 43 | |
| Income tax expense | 23 | 1 | 3 | 9 | 7 | |
| Net income (loss) | 96 | −367 | −148 | 60 | 36 | |
| Basic net income (loss) per share | 1.33 | −5.12 | −2.07 | 0.83 | 0.48 | |
| Diluted net income (loss) per share | 1.3 | −5.12 | −2.07 | 0.82 | 0.48 | |
| Net income (loss) per share-basic | 72 | 72 | 71 | 72 | 74 | |
| Net income (loss) per share-diluted | 73 | 72 | 71 | 73 | 75 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 586 | 457 | 390 | 387 | 636 | |
| Marketable securities | 81 | 34 | 33 | 32 | — | |
| Accounts receivable and unbilled costs, net of allowance for doubtful accounts of $129 and $214 at March 31, 2026 and 2025, respectively | 151 | 164 | 192 | 144 | 148 | |
| Inventories and deferred costs | 13 | 13 | 14 | 18 | 28 | |
| Prepaid income taxes | 6 | 13 | 11 | 2 | 9 | |
| Prepaid expenses and other current assets | 29 | 32 | 32 | 34 | 33 | |
| Total current assets | 868 | 713 | 672 | 617 | 922 | |
| Fixed assets, net | 24 | 22 | 26 | 35 | 41 | |
| Operating lease right-of-use assets | 36 | 38 | 42 | 51 | 55 | |
| Goodwill | 1,100 | 1,100 | 1,503 | 1,724 | 1,723 | |
| Intangible assets, net | 214 | 259 | 309 | 367 | 433 | |
| Deferred income taxes | 94 | 66 | 31 | 5 | 7 | |
| Long-term marketable securities | 37 | 1 | 994,000 | 9 | 0 | |
| Other assets | 12 | 12 | 11 | 13 | 13 | |
| Total assets | 2,355 | 2,187 | 2,595 | 2,821 | 3,195 | |
| Accounts payable | 23 | 18 | 15 | 16 | 22 | |
| Accrued compensation | 85 | 57 | 51 | 83 | 76 | |
| Accrued other | 20 | 19 | 15 | 26 | 32 | |
| Income taxes payable | 2 | 883,000 | 764,000 | 4 | 4 | |
| Deferred revenue and customer deposits | 331 | 302 | 302 | 312 | 331 | |
| Current portion of operating lease liabilities | 10 | 11 | 12 | 12 | 11 | |
| Total current liabilities | 470 | 408 | 395 | 454 | 476 | |
| Other long-term liabilities | 7 | 8 | 7 | 8 | 7 | |
| Deferred tax liability | 2 | 3 | 4 | 25 | 79 | |
| Accrued long-term retirement benefits | 28 | 27 | 28 | 26 | 35 | |
| Long-term deferred revenue and customer deposits | 168 | 148 | 130 | 130 | 133 | |
| Operating lease liabilities, net of current portion | 30 | 33 | 38 | 49 | 54 | |
| Total liabilities | 705 | 626 | 703 | 791 | 1,134 | |
| Commitments and contingencies (Note 19) | — | — | — | — | — | |
| Preferred stock, $0.001 par value: 5,000,000 authorized; none issued or outstanding | 0 | 0 | 0 | 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 | 131,000 | 128,000 | 126,000 | |
| Additional paid-in capital | 3,325 | 3,255 | 3,181 | 3,100 | 3,023 | |
| Accumulated other comprehensive income | 4 | 4 | 4 | 6 | 141,000 | |
| Treasury stock at cost, 65,164,029 and 61,978,025 | −1,731 | −1,655 | −1,615 | −1,546 | −1,374 | |
| Retained earnings (Accumulated deficit) | 51 | −44 | 322 | 470 | 411 | |
| Total stockholders equity | 1,649 | 1,560 | 1,892 | 2,030 | 2,060 | |
| Total liabilities and stockholders equity | 2,355 | 2,187 | 2,595 | 2,821 | 3,195 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 57 | 64 | 75 | 86 | 96 | |
| Loss on extinguishment of debt (non cash portion) | 0 | 1 | 0 | 0 | 596,000 | |
| Operating lease right-of-use assets | 10 | 10 | 11 | 11 | 10 | |
| Loss on disposal of fixed assets | 23,000 | 15,000 | 303,000 | 49,000 | 5,000 | |
| Share-based compensation expense associated with equity awards | 60 | 65 | 71 | 62 | 56 | |
| Change in fair value of derivative instrument | 0 | 0 | −206,000 | 1 | 0 | |
| Deferred income taxes | −28 | −38 | −46 | −54 | −13 | |
| Loss (gain) in equity investment | 988,000 | −393,000 | −5 | — | — | |
| Other gains (losses) | 15,000 | −9,000 | −1,000 | −1,000 | −11,000 | |
| Accounts receivable and unbilled costs | 12 | 29 | −48 | 5 | 49 | |
| Inventories | −2 | 128,000 | 609,000 | 9 | −8 | |
| Prepaid expenses and other assets | 11 | −2 | −6 | 5 | −13 | |
| Accounts payable | 5 | 3 | −2 | −6 | 4 | |
| Accrued compensation and other expenses | 35 | 21 | −34 | 12 | 2 | |
| Operating lease liabilities | −12 | −12 | −12 | −12 | −12 | |
| Income taxes payable | 1 | 83,000 | −4 | 165,000 | −3 | |
| Deferred revenue | 49 | 17 | −7 | −23 | 91 | |
| Net cash provided by operating activities | 295 | 218 | 59 | 157 | 296 | |
| Purchase of marketable securities | −163 | −45 | −53 | −115 | −78 | |
| Proceeds from maturity of marketable securities | 68 | 45 | 65 | 140 | 21 | |
| Purchase of fixed assets | −9 | −5 | −6 | −10 | −10 | |
| Purchase of intangible assets | 0 | −1 | 0 | −161,000 | −50,000 | |
| Proceeds from sale of equity investment | 12 | 0 | 0 | — | — | |
| Proceeds from divestiture of a business | 0 | 0 | 8 | 0 | 0 | |
| Net cash (used in) provided by investing activities | −93 | −7 | 13 | 15 | −68 | |
| Issuance of common stock under stock plans | 2,000 | 3,000 | 3,000 | 2,000 | 2,000 | |
| Treasury stock repurchases | −61 | −25 | −50 | −150 | −36 | |
| Tax withholding on restricted stock units | −16 | −14 | −19 | −19 | −16 | |
| Payment of debt issuance costs | 0 | −3 | 0 | 0 | −4 | |
| Repayment of long-term debt | 0 | −175 | 0 | −250 | −350 | |
| Proceeds from issuance of long-term debt | 0 | 75 | 0 | 0 | 350 | |
| Net cash used in financing activities | −77 | −142 | −69 | −419 | −54 | |
| Effect of exchange rate changes on cash and cash equivalents | 4 | −922,000 | 63,000 | −2 | −5 | |
| Net increase in cash and cash equivalents | 129 | 68 | 3 | −249 | 169 | |
| Cash paid for interest | 0 | 4 | 6 | 8 | 5 | |
| Cash paid for income taxes | 43 | 42 | 62 | 56 | 32 | |
| Transfers of inventory to fixed assets | 2 | 1 | 2 | 1 | 3 | |
| Additions to property, plant and equipment included in accounts payable | 1 | 461,000 | 158,000 | 56,000 | 197,000 | |
| Issuance of common stock under employee stock plans | 12 | 11 | 14 | 14 | 15 | |
| Stock-based compensation included in fixed assets and other assets | 586,000 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NETSCOUT SYSTEMS INC's CIK number?
NETSCOUT SYSTEMS INC's SEC CIK number is 0001078075 (1078075). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NETSCOUT SYSTEMS INC's SEC filings?
All of NETSCOUT SYSTEMS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NETSCOUT SYSTEMS INC last report earnings?
NETSCOUT SYSTEMS INC (NTCT) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001078075-26-000027). This is NETSCOUT SYSTEMS INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is NETSCOUT SYSTEMS INC's most recent earnings 8-K?
NETSCOUT SYSTEMS INC's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001078075-26-000027. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NETSCOUT SYSTEMS INC's latest earnings 8-K →
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