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% on a YoY basis from $143.7 million in Q4 2024, and down 1.81% quarter-over-quarter from $142.9 million in Q3 2025.
Analysis
Netscout Systems (NTCT) Operating Expenses (2010 - 2025) Analysis & Trends
Netscout Systems (NTCT) has reported Operating Expenses for 16 consecutive years, with $140.3 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses fell 2.33% year-over-year to $140.3 million; the trailing twelve-month figure through Dec 2025 stood at $572.6 million (down 46.1% YoY), and the FY2025 full-year result was $1.0 billion, up 27.74% from the prior year.
- Operating Expenses fell to $140.3 million in Q4 2025 per NTCT's latest filing, 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.
- Historically, Operating Expenses has averaged $179.3 million across 5 years, with a median of $148.6 million in 2021.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 258.76% in 2024, then slumped 74.75% in 2025.
- Over 5 years, 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $140.3 million, $142.9 million, and $149.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 74.39 Bn | 69.41 Bn | 881.34 Mn | 875.89 Mn |
| 2 | Dynatrace | 14.81 Bn | 13.70 Bn | 451.10 Mn | 379.62 Mn |
| 3 | AvePoint | 2.76 Bn | 2.35 Bn | 91.01 Mn | 80.78 Mn |
| 4 | Netscout Systems | 2.68 Bn | 2.02 Bn | - | - |
| 5 | PagerDuty | 1.03 Bn | 556.18 Mn | 104.40 Mn | 94.16 Mn |
| 6 | N-able | 719.63 Mn | 603.82 Mn | 106.20 Mn | 89.73 Mn |
| 7 | Radcom | 161.20 Mn | 51.50 Mn | - | 5.72 Mn |
Historic Data
Download Data
Historic 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 |