Netscout Systems (NTCT) Gross Margin (2010 - 2025)
Netscout Systems' Gross Margin was 81.64% in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 0.13 percentage points from 81.50% a year earlier and up 1.55 percentage points from the prior quarter.
Netscout Systems (NTCT) Gross Margin (2010 - 2025) Analysis & Trends
On a trailing twelve-month basis, Netscout Systems' Gross Margin was 79.25% through Dec 31, 2025, up 1.58 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at 78.27%, up 0.87 percentage points from FY2024.
- Gross Margin has now increased for six consecutive fiscal years, with a five-year change of +5.43 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 77.41% in FY2024 (+1.80 pp), 75.61% in FY2023 (+0.64 pp), 74.97% in FY2022 (+1.68 pp) and 73.28% in FY2021 (+0.44 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Gross Margin in data going back to fiscal Q1 2011.
- Compared with a year earlier, Gross Margin has increased for five straight quarters, with an average year-over-year change of +0.80 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2022 (a gain of 4.31 percentage points); the worst was fiscal Q1 2025 (a drop of 1.55 percentage points).
- Per Business Quant data, NTCT's Gross Margin in the three fiscal quarters before Q3 2026 was 80.09% (Q2 2026), 76.75% (Q1 2026) and 77.71% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | Netscout Systems | 2.82 Bn | 526.09 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 81.64% |
| Sep 30, 2025 | 80.09% |
| Jun 30, 2025 | 76.75% |
| Mar 31, 2025 | 77.71% |
| Dec 31, 2024 | 81.50% |
| Sep 30, 2024 | 77.99% |
| Jun 30, 2024 | 74.58% |
| Mar 31, 2024 | 75.26% |
| Dec 31, 2023 | 80.00% |
| Sep 30, 2023 | 78.12% |
| Jun 30, 2023 | 76.13% |
| Mar 31, 2023 | 75.52% |
| Dec 31, 2022 | 78.93% |
| Sep 30, 2022 | 74.73% |
| Jun 30, 2022 | 72.36% |
| Mar 31, 2022 | 75.07% |
| Dec 31, 2021 | 76.94% |
| Sep 30, 2021 | 75.63% |
| Jun 30, 2021 | 71.40% |
| Mar 31, 2021 | 74.25% |
Netscout Systems Gross Margin 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=gross-margin&ticker=NTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();