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6Material company update
May 7, 2026·SEC
Material company update
Feb 5, 2026·SEC
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Nov 6, 2025·SEC
NetScout Systems, Inc.(NTCT)Earnings, Financials & Key Ratios
NTCT•NASDAQ
$42.95
33.0× P/E·Price updated Jul 2, 2026
AboutNetScout Systems, Inc. provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks. It also provides nGeniusPULSE, an active testing tool that enables enterprises to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG, an advanced passive network probe; packet flow systems that deliver targeted network traffic access to various monitoring and security tools and systems; and a suite of test access points that enable non-disruptive access to network traffic. Further, it provides cybersecurity solutions to protect their networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud. Additionally, it offers advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. NetScout Systems, Inc. was incorporated in 1984 and is headquartered in Westford, Massachusetts.Show more
- Revenue$859M+4.5%
- EBITDA$168M+155.4%
- Net Income$96M+126.0%
- EPS (Diluted)1.30+125.7%
- Gross Margin74.21%-5.2%
- EBITDA Margin19.57%+153.0%
- Operating Margin12.99%+129.1%
- Net Margin11.12%+124.9%
- ROE5.95%+128.0%
NTCT Price & Volume
NetScout Systems, Inc. (NTCT) stock price & volume — 10-year historical chart
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Cyclical Revenue Volatility Masks Fortress Balance Sheet
Investment Thesis • Updated 2026Q4
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Cyclical Carrier Capex Exposure
Key Thesis Takeaways
- NetScout Systems faces a challenging transition as its core service assurance business struggles with lumpy, project-based revenue cycles that saw a 1.0% decline in 2026Q4.
- While the company has successfully fortified its balance sheet by reducing debt to $39.6 million, the heavy reliance on $1.1 billion in goodwill and inconsistent operating margins suggest significant execution risk.
- Investors should monitor the impact of the newly reported $330.6 million in deferred revenue as a potential indicator of whether the company can successfully pivot toward a more stable, subscription-based software model.
Verdict Logic
while the stock trades at a 10.42 P/FCF multiple, the lack of consistent organic growth and the 1.0% revenue decline in 2026Q4 warrant a cautious wait-and-see approach.
NTCT Growth Metrics
NetScout Systems, Inc. (NTCT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.05%
5 Years0.67%
3 Years-2.05%
TTM4.47%
Profit CAGR
10 Years-
5 Years37.62%
3 Years17%
TTM126.04%
EPS CAGR
10 Years-
5 Years37.97%
3 Years16.6%
TTM125.41%
Return on Capital
10 Years-1.27%
5 Years-2.82%
3 Years-6.31%
Last Year6.1%
NTCT Recent Earnings
NetScout Systems, Inc. (NTCT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.52+13.0%
$0.46
Rev
$203M+2.2%
$199M
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$1.00+16.3%
$0.86
Rev
$251M+7.3%
$234M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.62+39.9%
$0.44
Rev
$219M+9.3%
$200M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.34+17.2%
$0.29
Rev
$187M-5.7%
$198M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.52vs $0.46+13.0% | $203Mvs $199M+2.2% |
| Q1 2026 | Feb 5, 2026 | $1.00vs $0.86+16.3% | $251Mvs $234M+7.3% |
| Q4 2025 | Nov 6, 2025 | $0.62vs $0.44+39.9% | $219Mvs $200M+9.3% |
| Q3 2025 | Aug 7, 2025 | $0.34vs $0.29+17.2% | $187Mvs $198M-5.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for NetScout Systems, Inc. (NTCT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $42.95 | $3.07B | 33.04 | 4.47% | 11.12% | 5.95% | — | |
| $47.07 | $10.89B | 313.80 | 8.39% | -4.03% | -6.92% | — | |
| $51.20 | $13.84B | 78.77 | 18.11% | 10.03% | — | — | |
| $159.06 | $117.69B | 65.46 | 14.17% | 27.49% | 155.65% | — | |
| $352.09 | $239.95B | 220.06 | 14.87% | 7.95% | 6.3% | — | |
| $30.76 | $1.33B | 68.36 | 9.81% | 6.28% | 5.09% | — |
Compare NTCT vs Peers
NetScout Systems, Inc. (NTCT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NTCT SEC Filings & Documents
NetScout Systems, Inc. (NTCT) SEC filings — annual & quarterly reports (10-K, 10-Q)
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NTCT Frequently Asked Questions
NetScout Systems, Inc. (NTCT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is NetScout Systems, Inc.'s revenue?
NetScout Systems, Inc. (NTCT) reported $859.5M in revenue for fiscal year 2026. This represents a 1171% increase from $67.6M in 1999.
How fast is NetScout Systems, Inc. growing?
NetScout Systems, Inc. (NTCT) grew revenue by 4.5% over the past year. Growth has been modest.
Is NTCT profitable?
Yes, NetScout Systems, Inc. (NTCT) is profitable, generating $95.5M in net income for fiscal year 2026 (11.1% net margin).
Dividend & Returns
What is NTCT's return on equity?
NetScout Systems, Inc. (NTCT) has a return on equity (ROE) of 6.0%. This is below average, suggesting room for improvement.
What is NetScout Systems, Inc.'s free cash flow?
NetScout Systems, Inc. (NTCT) generated $285.4M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.