Netscout Systems (NTCT) Cost of Revenue (2010 - 2025)
Netscout Systems' (NTCT) quarterly Cost of Revenue came in at $46.0 million in Q4 2025, down 1.25% on a YoY basis from $46.6 million in Q4 2024, and up 5.55% quarter-over-quarter from $43.6 million in Q3 2025.
Analysis
Netscout Systems (NTCT) Cost of Revenue (2010 - 2025) Analysis & Trends
Netscout Systems (NTCT) has reported Cost of Revenue for 16 consecutive years, with $46.0 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue fell 1.25% year-over-year to $46.0 million; the trailing twelve-month figure through Dec 2025 stood at $178.8 million (down 2.52% YoY), and the FY2025 full-year result was $178.7 million, down 4.63% from the prior year.
- Cost of Revenue improved to $46.0 million in Q4 2025 per NTCT's latest filing, from $43.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $60.5 million in Q4 2021 and bottomed at $42.1 million in Q3 2024.
- Historically, Cost of Revenue has averaged $49.6 million across 5 years, with a median of $49.0 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue grew 11.61% in 2022, then decreased 25.31% in 2023.
- Over 5 years, Cost of Revenue stood at $60.5 million in 2021, then decreased by 6.07% to $56.8 million in 2022, then slipped by 23.2% to $43.6 million in 2023, then grew by 6.85% to $46.6 million in 2024, then decreased by 1.25% to $46.0 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $46.0 million, $43.6 million, and $43.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 74.21 Bn | 69.22 Bn | 881.34 Mn | 240.11 Mn |
| 2 | Dynatrace | 14.72 Bn | 13.61 Bn | 451.10 Mn | 103.45 Mn |
| 3 | AvePoint | 2.75 Bn | 2.33 Bn | 91.01 Mn | 33.49 Mn |
| 4 | Netscout Systems | 2.64 Bn | 1.97 Bn | - | - |
| 5 | PagerDuty | 1.02 Bn | 552.70 Mn | 104.40 Mn | 20.04 Mn |
| 6 | N-able | 694.17 Mn | 578.35 Mn | 106.20 Mn | 32.02 Mn |
| 7 | Radcom | 161.53 Mn | 51.82 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 46.03 Mn |
| Sep 30, 2025 | 43.61 Mn |
| Jun 30, 2025 | 43.42 Mn |
| Mar 31, 2025 | 45.70 Mn |
| Dec 31, 2024 | 46.61 Mn |
| Sep 30, 2024 | 42.06 Mn |
| Jun 30, 2024 | 44.37 Mn |
| Mar 31, 2024 | 50.34 Mn |
| Dec 31, 2023 | 43.62 Mn |
| Sep 30, 2023 | 43.05 Mn |
| Jun 30, 2023 | 50.40 Mn |
| Mar 31, 2023 | 50.94 Mn |
| Dec 31, 2022 | 56.80 Mn |
| Sep 30, 2022 | 57.64 Mn |
| Jun 30, 2022 | 57.71 Mn |
| Mar 31, 2022 | 47.66 Mn |
| Dec 31, 2021 | 60.47 Mn |
| Sep 30, 2021 | 51.64 Mn |
| Jun 30, 2021 | 54.41 Mn |
| Mar 31, 2021 | 54.94 Mn |