Netskope Inc NTSK
We are redefining security and networking for the era of cloud and artificial intelligence ("AI").
The cloud and AI have completely revolutionized work. We are more dispersed, more productive, and more automated than ever before, and the rate of change is only accelerating. Not since the internet has there been such a transformative tectonic shift. But, with it has come collateral damage—traditional security and networking are now broken.
We founded Netskope to address this revolution. We built Netskope One, our unified, cloud-native platform from the ground up to solve the challenge of securing and accelerating the digital interactions of enterprises in this new era. Organizations rely on our Netskope One platform to provide profound contextual intelligence into their data and digital interactions, securing them with precision, without sacrificing the digital experience. We leverage our patented technologies to enable dynamic, granular context-aware policies that allow us to protect sensitive data, stop threats, support regulatory compliance, and elevate the digital experience.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas
- Europe, the Middle East, and Africa ("EMEA")
- Asia Pacific and Japan ("APJ")
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Americas | $400.5M | $306.8M | $246.2M |
| Europe, the Middle East, and Africa ("EMEA") | $177.1M | $130.3M | $88.4M |
| Asia Pacific and Japan ("APJ") | $131.3M | $101.2M | $72.3M |
As the company reported it, from the “Revenue Recognition - Schedule of Disaggregation of Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $709.0M | $538.3M | $406.9M | — |
| Cost of revenue | $226.3M | $190.4M | $163.6M | — |
| Gross profit | $482.7M | $347.9M | $243.2M | — |
| R&D | $509.0M | $254.2M | $224.5M | — |
| SG&A | $232.5M | $68.6M | $68.5M | — |
| Operating income | -$652.6M | -$255.7M | -$312.8M | — |
| Pre-tax income | -$668.1M | -$350.3M | -$338.1M | — |
| Income tax | $11.3M | $4.2M | $6.8M | — |
| Net income | -$679.4M | -$354.5M | -$344.9M | — |
| EPS, basic | -3.18 | -3.64 | -3.77 | — |
| EPS, diluted | -3.18 | -3.64 | -3.77 | — |
| Shares, diluted (wtd. avg.) | 213.9M | 97.5M | 91.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and equivalents | $432.6M | $166.0M | — | — |
| Short-term investments | $725.6M | $80.7M | — | — |
| Receivables | $158.3M | $195.1M | — | — |
| Inventory | $4.9M | $5.8M | — | — |
| Total current assets | $1.45B | $528.4M | — | — |
| Property, plant and equipment | $93.9M | $99.5M | — | — |
| Goodwill | $61.1M | $61.1M | $57.2M | — |
| Other intangibles | $21.4M | $37.2M | — | — |
| Total assets | $1.77B | $858.5M | — | — |
| Accounts payable | $14.4M | $2.7M | — | — |
| Total current liabilities | $681.5M | $526.7M | — | — |
| Total liabilities | $1.58B | $1.34B | — | — |
| Retained earnings | -$2.63B | -$1.95B | — | — |
| Total equity | $194.5M | -$485.6M | -$256.8M | $27.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating cash flow | $38.1M | -$110.7M | -$167.2M | — |
| Depreciation and amortisation | $45.9M | $51.5M | $49.5M | — |
| Stock-based compensation | $516.2M | $50.8M | $61.0M | — |
| Capital expenditure | $22.9M | $33.7M | $30.6M | — |
| Investing cash flow | -$666.9M | $2.2M | $176.9M | — |
| Financing cash flow | $895.4M | $109.9M | $6.3M | — |
| Buybacks | $565.0K | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-135011.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | — | $406.9M | $538.3M | $709.0M |
| Gross profit | — | $243.2M | $347.9M | $482.7M |
| Net income | — | -$344.9M | -$354.5M | -$679.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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