15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.7% per year over the past 5 years.
Net income has grown faster than revenue (37.6% vs 0.7% per year).
Operating margin has expanded, at 12.8% in the latest year.
Free cash flow has grown 7.2% per year over the past 5 years.
Financial health
Operating income covered interest expense 64× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$859M
$96M
79.4%
12.8%
5.8%
4.1%
$285M
—
$586M
2025
$823M
-$367M
78.3%
-44.7%
-23.5%
-16.8%
$212M
$0
$457M
2024
$829M
-$148M
77.4%
-18.1%
-7.8%
-5.7%
$52M
$100M
$390M
2023
$915M
$60M
75.6%
8.5%
2.9%
2.1%
$146M
$100M
$387M
2022
$856M
$36M
75.0%
5.7%
1.7%
1.1%
$286M
$350M
$636M
2021
$831M
$19M
73.3%
4.5%
1.0%
0.6%
$202M
$350M
$467M
2020
$892M
-$3M
72.8%
2.0%
-0.1%
-0.1%
$205M
$450M
$338M
2019
$910M
-$73M
72.1%
-7.9%
-3.6%
-2.2%
$126M
$550M
$410M
2018
—
$80M
—
—
3.9%
2.4%
$207M
$600M
$370M
2017
—
$33M
—
—
1.4%
0.9%
$197M
$300M
$305M
2016
—
-$28M
—
—
-1.2%
-0.8%
$72M
$300M
$211M
2015
—
$61M
—
—
14.0%
9.1%
—
$0
$105M
2014
—
$49M
—
—
12.0%
8.1%
—
—
$102M
2013
—
$41M
—
—
10.9%
7.4%
—
$0
$100M
2012
—
$32M
—
—
9.5%
5.7%
$57M
$62M
$117M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$210M
$22M
78.9%
6.9%
1.3%
0.9%
$47M
—
$553M
Mar '26
$203M
$18M
78.4%
9.6%
1.1%
0.8%
$150M
—
$586M
Dec '25
$251M
$55M
81.6%
25.7%
3.4%
2.4%
$59M
—
$541M
Sep '25
$219M
$26M
80.1%
14.8%
1.6%
1.2%
$4M
—
$483M
Jun '25
$187M
-$4M
76.7%
-3.5%
-0.2%
-0.2%
$72M
—
$490M
Mar '25
$205M
$19M
77.7%
9.7%
1.2%
0.9%
$140M
$0
$457M
Dec '24
$252M
$49M
81.5%
24.5%
3.2%
2.2%
$40M
$75M
$398M
Sep '24
$191M
$9M
78.0%
7.4%
0.6%
0.4%
-$5M
$75M
$363M
Jun '24
$175M
-$443M
74.6%
-265.4%
-31.0%
-21.3%
$37M
$75M
$362M
Mar '24
$203M
-$32M
75.3%
-18.2%
-1.7%
-1.2%
$92M
$100M
$390M
Dec '23
$218M
-$133M
80.0%
-61.7%
-7.0%
-5.1%
$13M
$100M
$298M
Sep '23
$197M
$21M
78.1%
13.4%
1.1%
0.8%
-$28M
$100M
$280M
Jun '23
$211M
-$4M
76.1%
-2.2%
-0.2%
-0.2%
-$24M
$100M
$333M
Mar '23
$208M
-$3M
75.5%
0.8%
-0.2%
-0.1%
$111M
$100M
$387M
Dec '22
$270M
$53M
78.9%
23.7%
2.6%
1.8%
$43M
$200M
$352M
Sep '22
$228M
$17M
74.7%
9.4%
0.9%
0.6%
$7M
$200M
$320M
Jun '22
$209M
-$7M
72.4%
-4.4%
-0.4%
-0.3%
-$15M
$200M
$333M
Mar '22
$191M
-$8M
75.1%
-4.4%
-0.4%
-0.3%
$152M
$350M
$636M
Dec '21
$262M
$48M
76.9%
21.2%
2.3%
1.5%
$90M
$350M
$548M
Sep '21
$212M
$8M
75.6%
5.7%
0.4%
0.3%
$22M
$350M
$468M
Valuation over time
How the market has priced NTCT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 34.9× (Mar '23) to 28.9× (Nov '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 3.2× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NTCT growing its revenue and profit?
Over the past 5 years, Netscout Systems Inc's revenue has grown 0.7% per year, and net income grown 37.6% per year. These are computed facts, not advice.
How much debt does NTCT have?
As of FY2026, Netscout Systems Inc reported — of total debt against $586M of cash; operating income covered interest expense 64×.
What is NTCT's profit margin?
In FY2026, gross margin was 79.4%, operating margin 12.8%, and net margin 11.1%.
What is NTCT's P/E ratio?
Netscout Systems Inc's P/E (TTM) is 22.78 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NTCT stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 28.9× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.