Netscout Systems (NTCT) Operating Expenses (2010 - 2025)
Netscout Systems (NTCT) posted Operating Expenses of $140.3 million for Q4 2025, down 1.81% on a QoQ basis from $142.9 million in Q3 2025, and down 2.33% year-over-year from $143.7 million in Q4 2024.
Netscout Systems (NTCT) Operating Expenses (2010 - 2025) Analysis & Trends
Netscout Systems' Operating Expenses history runs 16 years deep, the most recent figure standing at $140.3 million for Q4 2025.
- Quarterly Operating Expenses fell 2.33% year-over-year to $140.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $572.6 million (down 46.1% YoY) and the FY2025 annual result came in at $1.0 billion, up 27.74% from the prior year.
- Operating Expenses was $140.3 million for Q4 2025 at Netscout Systems, down from $142.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $593.5 million in Q2 2024 and bottomed at $127.5 million in Q3 2023.
- A 5-year average of $179.3 million and a median of $148.6 million in 2021 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 258.76% — and 2025, when it plunged 74.75%.
- Netscout Systems' Operating Expenses stood at $146.3 million in 2021, then gained by 1.86% to $149.0 million in 2022, then surged by 107.32% to $308.9 million in 2023, then plunged by 53.48% to $143.7 million in 2024, then retreated by 2.33% to $140.3 million in 2025.
- Business Quant data shows NTCT's Operating Expenses at $140.3 million in Q4 2025, $142.9 million in Q3 2025, and $149.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Netscout Systems | 2.87 Bn | 2.30 Bn | 204.65 Mn | 140.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 140.34 Mn |
| Sep 30, 2025 | 142.92 Mn |
| Jun 30, 2025 | 149.89 Mn |
| Mar 31, 2025 | 139.40 Mn |
| Dec 31, 2024 | 143.69 Mn |
| Sep 30, 2024 | 134.93 Mn |
| Jun 30, 2024 | 593.52 Mn |
| Mar 31, 2024 | 190.08 Mn |
| Dec 31, 2023 | 308.90 Mn |
| Sep 30, 2023 | 127.46 Mn |
| Jun 30, 2023 | 165.44 Mn |
| Mar 31, 2023 | 155.51 Mn |
| Dec 31, 2022 | 148.99 Mn |
| Sep 30, 2022 | 149.04 Mn |
| Jun 30, 2022 | 160.23 Mn |
| Mar 31, 2022 | 151.85 Mn |
| Dec 31, 2021 | 146.27 Mn |
| Sep 30, 2021 | 148.11 Mn |
| Jun 30, 2021 | 146.53 Mn |
| Mar 31, 2021 | 142.38 Mn |