Netscout Systems (NTCT) Operating Expenses (2010 - 2025)
Netscout Systems' (NTCT) quarterly Operating Expenses came in at $140.3 million in Q4 2025, down 2.33% YoY from $143.7 million in Q4 2024, and down 1.81% on a QoQ basis from $142.9 million in Q3 2025.
Netscout Systems (NTCT) Operating Expenses (2010 - 2025) Analysis & Trends
Netscout Systems (NTCT) has 16 years of Operating Expenses data on file, last reported at $140.3 million in 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 slipped to $140.3 million in Q4 2025, from $142.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $593.5 million in Q2 2024 to a low of $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 sank 74.75%.
- Tracing NTCT's Operating Expenses over 5 years: stood at $146.3 million in 2021, then increased by 1.86% to $149.0 million in 2022, then soared by 107.32% to $308.9 million in 2023, then slumped by 53.48% to $143.7 million in 2024, then declined by 2.33% to $140.3 million in 2025.
- The last three Operating Expenses figures came in at $140.3 million (Q4 2025), $142.9 million (Q3 2025), and $149.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Netscout Systems | 2.81 Bn | 2.14 Bn | - | - |
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 |