CoverageForm 410-K10-Q8-K13D13G13F

NTCT · Netscout Systems Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · NTCT

Income Statement

Line itemFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Revenue$859.48M$822.68M$829.46M$914.53M$855.58M$891.82M
Cost of Revenue$176.99M$178.74M$187.41M$223.10M$214.19M$222.10M
Gross Profit$682.49M$643.94M$642.04M$691.43M$641.39M$609.18M
R&D$159.46M$152.86M$161.21M$176.17M$171.13M$179.16M
SG&A$103.19M$96.72M$95.89M$103.51M$97.69M$88.97M
Total Operating Expenses$572.67M$1.01B$791.87M$613.77M$592.75M$572.05M
D&A$56.53M$63.79M$74.99M$85.92M$95.78M$105.83M
Operating Income$109.83M($367.60M)($149.83M)$77.66M$48.63M$37.13M
Interest Expense$1.71M$8.65M$8.65M$10.25M$8.05M$10.88M
Income Tax$22.98M$1.13M$3.22M$8.77M$7.02M$2.95M
Net Income$95.53M($366.92M)($147.73M)$59.65M$35.87M$19.35M
EPS - Basic$1.33($5.12)($2.07)$0.83$0.48$0.26
EPS - Diluted$1.30($5.12)($2.07)$0.82$0.48$0.26

Balance Sheet

Line itemFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Cash & Equivalents$586.50M$457.42M$389.67M$386.79M$636.16M$467.18M
Accounts Receivable$151.47M$163.65M$192.10M$143.85M$148.25M$197.72M
Inventory$13.32M$12.89M$14.10M$17.96M$28.22M$22.81M
Accounts Payable$23.49M$18.21M$14.51M$16.47M$21.96M$17.96M
Current Assets$867.88M$713.18M$672.49M$617.36M$921.94M$722.47M
Total Assets$2.35B$2.19B$2.60B$2.82B$3.19B$3.09B
Current Liabilities$470.15M$407.93M$395.08M$453.61M$476.16M$411.27M
Long-term Debt-$0$100.00M$100.00M$350.00M$350.00M
Total Liabilities$705.26M$626.18M$703.24M$790.91M$1.13B$1.08B
Stockholders' Equity$1.65B$1.56B$1.89B$2.03B$2.06B$2.01B
Retained Earnings$51.09M($44.44M)$322.48M$470.21M$410.56M$374.69M

Cash Flow

Line itemFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Operating Cash Flow$294.54M$217.67M$58.81M$156.65M$296.01M$213.92M
Investing Cash Flow($92.83M)($7.00M)$13.36M$15.30M($68.35M)$24.70M
Financing Cash Flow($76.69M)($142.01M)($69.35M)($419.43M)($54.16M)($118.31M)
CapEx$9.11M$5.41M$6.34M$10.49M$10.35M$11.99M
Free Cash Flow$285.43M$212.26M$52.47M$146.16M$285.66M$201.94M

Ratios

MetricFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021
Profitability
Gross margin79.4%78.3%77.4%75.6%75.0%68.3%
Operating margin12.8%-44.7%-18.1%8.5%5.7%4.2%
EBITDA margin19.4%-36.9%-9.0%17.9%16.9%16.0%
Net margin11.1%-44.6%-17.8%6.5%4.2%2.2%
Free cash flow margin33.2%25.8%6.3%16.0%33.4%22.6%
FCF / Net income2.99-0.58-0.362.457.9610.43
R&D / Revenue18.6%18.6%19.4%19.3%20.0%20.1%
SG&A / Revenue12.0%11.8%11.6%11.3%11.4%10.0%
Effective tax rate19.4%--12.8%16.4%13.2%
Return on assets4.1%-16.8%-5.7%2.1%1.1%0.6%
Return on equity5.8%-23.5%-7.8%2.9%1.7%1.0%
Return on invested capital--18.6%-5.9%3.2%1.7%1.4%
Liquidity
Current ratio1.851.751.701.361.941.76
Quick ratio1.821.721.671.321.881.70
Cash ratio1.251.120.990.851.341.14
Leverage
Debt / Equity-0.000.050.050.170.17
Debt / Assets-0.000.040.040.110.11
Debt / EBITDA---0.612.422.45
Interest coverage64.4x-42.5x-17.3x7.6x6.0x3.4x
Equity multiplier1.431.401.371.391.551.54
Liabilities / Assets0.300.290.270.280.360.35
Efficiency
Asset turnover0.370.380.320.320.270.29
Inventory turnover13.2913.8713.3012.427.599.74
Days sales outstanding64d73d85d57d63d81d
Days inventory outstanding27d26d27d29d48d37d
Days payable outstanding48d37d28d27d37d30d
Cash conversion cycle43d62d84d60d74d89d
Valuation
P / E24.5x--34.9x66.8x108.3x
P / B1.4x1.0x0.8x1.0x1.2x1.0x
P / S2.7x1.8x1.9x2.3x2.8x2.3x
EV / EBITDA10.5x--11.0x14.7x13.7x
Growth
Revenue growth (YoY)4.5%-0.8%-9.3%6.9%-4.1%0.0%
Revenue CAGR (3y)-2.0%-1.3%-2.4%0.8%-2.0%-3.3%
Revenue CAGR (5y)-0.7%-1.6%-1.8%-1.5%-5.9%-1.4%
Gross profit growth (YoY)6.0%0.3%-7.1%7.8%5.3%-6.2%
Operating income growth (YoY)--145.4%-59.7%31.0%110.5%
Net income growth (YoY)--148.4%-66.3%85.4%-
EPS growth (YoY)--147.3%-70.8%84.6%-
EPS CAGR (3y)16.6%-----33.9%
EPS CAGR (5y)38.0%---1.8%5.9%-
FCF growth (YoY)34.5%304.5%-64.1%-48.8%41.5%-1.5%
FCF CAGR (5y)7.2%0.7%-16.1%12.4%7.6%23.4%
Book value growth (YoY)5.7%-17.5%-6.8%-1.5%2.7%3.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-03-31.

Product / service

$859.48M total
Service$489.34M · 56.9%
Product$370.14M · 43.1%

Geographic

$859.48M total
US$474.36M · 55.2%
Rest Of World$163.28M · 19.0%
Europe$158.77M · 18.5%
Asia$63.08M · 7.3%

Stability scores

Altman Z′

FY 2026 · bankruptcy risk

1.63
Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2026 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Services-Computer Integrated Systems Design

CompanyRevenue (last FY)Net marginROE
IOT$1.62B-0.6%-0.6%
LDOS$17.17B8.4%29.5%
SMRT$152.33M-39.8%-26.1%
STEM$156.27M88.2%-55.2%
CACI$8.63B5.8%12.8%

Comparing NETSCOUT SYSTEMS INC against the 5 most active filers in the same SIC group.