Netscout Systems (NTCT) Free Cash Flow (2010 - 2025)
Netscout Systems (NTCT) recorded Free Cash Flow of $59.26 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 49.7% from $39.59 million a year earlier.
Powered by 
Analysis
Netscout Systems (NTCT) Free Cash Flow (2010 - 2025) Analysis & Trends
On a TTM basis, Netscout Systems' Free Cash Flow came in at $275.48 million as of Dec 31, 2025, up 67.9% year-over-year; for FY2025 (ended Mar 31, 2025), it was $212.26 million, up 304.7% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Across earlier fiscal years, Free Cash Flow came in at $52.45 million in FY2024 (-64.1%), $146.17 million in FY2023 (-48.8%), $285.66 million in FY2022 (+41.5%) and $201.94 million in FY2021 (-1.5%).
- Quarterly Free Cash Flow has ranged from -$27.9 million in fiscal Q2 2024 to $152.28 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in four of the last five quarters, with growth averaging 77.9%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 211.4% in fiscal Q3 2025, against a decline of 70.5% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $4.42 million (Q2 2026), $71.67 million (Q1 2026) and $140.12 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 1.25 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 83.80 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 305.98 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 233.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | -972,000.00 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 2.18 Bn |
| 10 | Netscout Systems | 2.87 Bn | 581.12 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 59.26 Mn |
| Sep 30, 2025 | 4.42 Mn |
| Jun 30, 2025 | 71.67 Mn |
| Mar 31, 2025 | 140.12 Mn |
| Dec 31, 2024 | 39.59 Mn |
| Sep 30, 2024 | -4.61 Mn |
| Jun 30, 2024 | 37.16 Mn |
| Mar 31, 2024 | 91.96 Mn |
| Dec 31, 2023 | 12.72 Mn |
| Sep 30, 2023 | -27.90 Mn |
| Jun 30, 2023 | -24.33 Mn |
| Mar 31, 2023 | 110.62 Mn |
| Dec 31, 2022 | 43.15 Mn |
| Sep 30, 2022 | 7.12 Mn |
| Jun 30, 2022 | -14.72 Mn |
| Mar 31, 2022 | 152.28 Mn |
| Dec 31, 2021 | 90.35 Mn |
| Sep 30, 2021 | 21.56 Mn |
| Jun 30, 2021 | 21.48 Mn |
| Mar 31, 2021 | 89.14 Mn |
API Access
Netscout Systems Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();