NTSK - Netskope, Inc. Class A Common Stock
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$18.63
DETAILS
HIGH:
$22.00
LOW:
$16.00
MEDIAN:
$18.50
CONSENSUS:
$18.63
DOWNSIDE:
1.95%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 220.5 | 201.6 | 196.3 | 184.2 | 170.8 | 157.7 | 148.5 | 138.5 | 130.3 | 121.0 | 113.9 |
| Cost of Revenue | 57.5 | 53.3 | 53.1 | 77.5 | 47.5 | 48.2 | 49.2 | 46.8 | 47.2 | 47.2 | 44.4 |
| Gross Profit | 163.0 | 148.3 | 143.3 | 106.6 | 123.2 | 109.5 | 99.3 | 91.8 | 83.0 | 73.8 | 69.5 |
| Operating Expenses | |||||||||||
| R&D Expenses | 101.8 | 105.7 | 105.6 | 262.7 | 72.9 | 67.9 | 61.4 | 62.4 | 65.5 | 64.8 | 53.5 |
| SG&A Expenses | 151.0 | 151.3 | 152.0 | 290.9 | 96.4 | 87.0 | 79.1 | 82.8 | 93.3 | 93.9 | 86.5 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 252.8 | 257.0 | 257.6 | 553.6 | 169.2 | 154.9 | 140.5 | 145.2 | 158.8 | 158.7 | 140.0 |
| Operating Income | |||||||||||
| Operating Income | (89.8) | (108.7) | (114.3) | (447.0) | (46.0) | (45.4) | (41.2) | (53.4) | (75.8) | (84.9) | (70.5) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | (79.2) | (98.7) | (104.2) | (436.7) | (34.4) | (31.4) | (34.3) | (48.2) | (62.8) | (71.6) | (64.8) |
| EBIT | (89.8) | (108.7) | (114.3) | (447.0) | (46.0) | (45.4) | (41.2) | (53.8) | (75.8) | (84.9) | (70.6) |
| Income Before Tax | (107.7) | (113.4) | (53.4) | (450.0) | (87.8) | (76.8) | 0 | 0 | (109.7) | (93.4) | 0 |
| Income Tax Expense | 3.1 | 3.1 | 3.3 | 3.1 | 2.5 | 2.5 | 0 | 0 | 1.9 | 1.7 | 0 |
| Net Income | (110.8) | (116.5) | (56.8) | (453.1) | (90.3) | (79.2) | (77.0) | (70.7) | (111.6) | (95.2) | (90.6) |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.27 | -0.29 | -0.14 | -1.19 | -0.24 | -0.21 | -0.20 | -0.19 | -0.31 | -0.29 | -0.24 |
| EPS (Diluted) | -0.27 | -0.29 | -0.14 | -1.19 | -0.24 | -0.21 | -0.20 | -0.19 | -0.31 | -0.29 | -0.24 |
| Shares Outstanding | 405.0 | 400.5 | 394.6 | 382.1 | 382.1 | 382.1 | 382.1 | 382.1 | 355.0 | 328.0 | 382.1 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 220.9 | 205.8 | 470.8 | 984.7 | 210.8 | 217.9 | 166.0 | 163.1 |
| Short-Term Investments | 846.5 | 897.3 | 687.4 | 168.3 | 50.6 | 51.3 | 80.7 | 123.9 |
| Net Receivables | 188.0 | 136.1 | 158.3 | 131.5 | 147.3 | 115.4 | 195.1 | 114.0 |
| Inventory | 4.8 | 5.2 | 4.9 | 5.4 | 5.4 | 5.6 | 5.8 | 7.3 |
| Other Current Assets | 126.1 | 126.8 | 127.6 | 112.0 | 65.6 | 43.9 | 50.9 | 0 |
| Total Current Assets | 1,386.3 | 1,371.4 | 1,449.0 | 1,401.8 | 509.3 | 478.8 | 528.4 | 444.4 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 129.1 | 123.1 | 126.0 | 122.4 | 129.1 | 135.3 | 134.1 | 127.4 |
| Goodwill | 61.1 | 61.1 | 61.1 | 61.1 | 61.1 | 61.1 | 61.1 | 57.2 |
| Intangible Assets | 18.6 | 21.2 | 21.4 | 23.9 | 26.5 | 30.6 | 37.2 | 36.5 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7 |
| Other Non-Current Assets | 117.2 | 114.2 | 114.9 | 105.9 | 101.3 | 100.2 | 97.7 | 105.5 |
| Total Non-Current Assets | 325.9 | 319.6 | 323.3 | 313.2 | 318.0 | 327.2 | 330.1 | 329.4 |
| Total Assets | 1,712.2 | 1,691.0 | 1,772.3 | 1,715.0 | 827.4 | 806.0 | 858.5 | 773.8 |
| Current Liabilities | ||||||||
| Account Payables | 25.9 | 23.9 | 14.4 | 16.4 | 7.0 | 6.1 | 2.7 | 7.5 |
| Short-Term Debt | 10.2 | 9.9 | 10.8 | 10.1 | 0 | 0 | 0 | 11.3 |
| Deferred Revenue | 546.5 | 520.6 | 532.7 | 471.5 | 453.3 | 430.7 | 430.2 | 335.4 |
| Other Current Liabilities | 106.7 | 77.9 | 123.6 | 105.0 | 59.7 | 40.6 | 62.3 | 17.9 |
| Total Current Liabilities | 689.4 | 632.3 | 681.5 | 603.0 | 554.8 | 508.8 | 526.7 | 427.6 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 722.0 | 736.7 | 744.4 | 804.9 | 700.3 | 638.8 | 626.6 | 472.5 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 19.9 | 146.6 | 151.8 | 156.2 | 5.9 | 5.5 | 4.8 | 4.3 |
| Total Non-Current Liabilities | 866.1 | 883.2 | 896.2 | 961.0 | 884.7 | 823.7 | 817.4 | 603.0 |
| Total Liabilities | 1,555.4 | 1,515.5 | 1,577.8 | 1,564.0 | 1,439.5 | 1,332.5 | 1,344.1 | 1,030.6 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (2,856.2) | (2,745.4) | (2,628.9) | (2,572.1) | (2,119.1) | (2,028.8) | (1,949.5) | (1,595.0) |
| Accumulated Other Comprehensive Income | (8.6) | (47.0) | (64.8) | (73.4) | (1.8) | 15.8 | (5.4) | (24.8) |
| Total Stockholders' Equity | 156.8 | 175.5 | 194.5 | 151.0 | (612.1) | (526.5) | (485.6) | (256.8) |
| Total Liabilities & Equity | 1,712.2 | 1,691.0 | 1,772.3 | 1,715.0 | 827.4 | 806.0 | 858.5 | 773.8 |
| Debt Metrics | ||||||||
| Total Debt | 732.2 | 746.6 | 755.2 | 815.0 | 736.1 | 673.5 | 662.7 | 508.5 |
| Net Debt | 511.4 | 540.8 | 284.4 | (169.7) | 525.3 | 455.7 | 496.7 | 345.4 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (110.8) | (116.5) | (56.8) | (453.1) | (90.3) | (79.2) | (111.6) | (95.2) |
| Depreciation & Amortization | 10.6 | 10.1 | 10.1 | 10.3 | 11.6 | 13.9 | 13.1 | 13.3 |
| Stock-Based Compensation | 0 | 76.0 | 88.1 | 410.5 | 7.6 | 10.1 | 13.1 | 14.2 |
| Change in Working Capital | (23.6) | (52.6) | 14.5 | 17.6 | (6.2) | 32.3 | (18.8) | (5.7) |
| Other Non-Cash Items | 107.3 | 29.1 | (35.6) | 25.9 | 60.4 | 48.6 | 49.1 | 22.6 |
| Operating Cash Flow | (16.5) | (53.9) | 18.1 | 11.2 | (16.9) | 25.6 | (55.4) | (50.5) |
| Investing Activities | ||||||||
| Capital Expenditure | (13.0) | (2.2) | (13.4) | 1.3 | (2.8) | (8.1) | (4.7) | (15.9) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (445.0) | 0 | (174.8) | (14.2) | (8.2) | (14.4) | (0.0) |
| Sales/Maturities of Investments | 0 | 273.3 | 0 | 57.2 | 15.0 | 37.9 | 34.7 | 54.0 |
| Other Investing Activities | 49.8 | (3.4) | (516.7) | (0.1) | (1.1) | (0.7) | (0.6) | (1.5) |
| Investing Cash Flow | 36.8 | (177.2) | (530.0) | (118.2) | (1.9) | 21.5 | 15.5 | 38.2 |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (14.8) | (14.6) | (6.1) | (121.3) | (2.9) | (1.9) | 0 | 0 |
| Financing Cash Flow | (5.3) | 3.5 | (2.0) | 880.9 | 11.7 | 4.7 | 10.7 | 2.9 |
| Cash Position | ||||||||
| Net Change in Cash | 15.0 | (227.6) | 0 | 773.8 | (7.0) | 51.8 | (29.2) | (9.5) |
| Cash at Beginning | 206.1 | 433.8 | 985.8 | 212.0 | 219.0 | 167.2 | 156.3 | 165.8 |
| Cash at End | 221.2 | 206.1 | 472.0 | 985.8 | 212.0 | 219.0 | 127.1 | 156.3 |
| Free Cash Flow | (29.5) | (56.1) | 4.8 | 12.6 | (19.7) | 17.5 | (60.1) | (66.4) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 220.5 | 201.6 | 196.3 | 184.2 | 170.8 | 157.7 | 148.5 | 138.5 | 130.3 | 121.0 | 113.9 |
| Gross Profit | 163.0 | 148.3 | 143.3 | 106.6 | 123.2 | 109.5 | 99.3 | 91.8 | 83.0 | 73.8 | 69.5 |
| Operating Income | (89.8) | (108.7) | (114.3) | (447.0) | (46.0) | (45.4) | (41.2) | (53.4) | (75.8) | (84.9) | (70.5) |
| Net Income | (110.8) | (116.5) | (56.8) | (453.1) | (90.3) | (79.2) | (77.0) | (70.7) | (111.6) | (95.2) | (90.6) |
| EPS (Diluted) | -0.27 | -0.29 | -0.14 | -1.19 | -0.24 | -0.21 | -0.20 | -0.19 | -0.31 | -0.29 | -0.24 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 220.9 | 205.8 | 470.8 | 984.7 | 210.8 | 217.9 | 166.0 | 163.1 | |||
| Total Assets | 1,712.2 | 1,691.0 | 1,772.3 | 1,715.0 | 827.4 | 806.0 | 858.5 | 773.8 | |||
| Total Debt | 732.2 | 746.6 | 755.2 | 815.0 | 736.1 | 673.5 | 662.7 | 508.5 | |||
| Stockholders' Equity | 156.8 | 175.5 | 194.5 | 151.0 | (612.1) | (526.5) | (485.6) | (256.8) | |||
| Cash Flow | |||||||||||
| Operating Cash Flow | (16.5) | (53.9) | 18.1 | 11.2 | (16.9) | 25.6 | (55.4) | (50.5) | |||
| Capital Expenditure | (13.0) | (2.2) | (13.4) | 1.3 | (2.8) | (8.1) | (4.7) | (15.9) | |||
| Free Cash Flow | (29.5) | (56.1) | 4.8 | 12.6 | (19.7) | 17.5 | (60.1) | (66.4) | |||