Netscout Systems (NTCT) Operating Leases (2019 - 2025)
Netscout Systems (NTCT) reported Operating Leases of $31.8 million for Q4 2025, down 25.74% on a YoY basis from $42.8 million in Q4 2024, and down 27.09% quarter-over-quarter from $43.5 million in Q3 2025.
Netscout Systems (NTCT) Operating Leases (2019 - 2025) Analysis & Trends
Netscout Systems has reported Operating Leases for 7 years, with the latest figure at $31.8 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Leases fell 25.74% year-over-year to $31.8 million; the trailing twelve-month figure through Dec 2025 stood at $31.8 million (down 25.74% YoY), and the FY2025 full-year result was $32.5 million, down 14.68% from the prior year.
- Operating Leases for Q4 2025 stood at $31.8 million, down from $43.5 million in the prior quarter.
- The five-year high for Operating Leases was $70.7 million in Q2 2021, with the low at $30.6 million in Q2 2025.
- Historically, Operating Leases has averaged $48.6 million across 5 years, with a median of $48.8 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases tumbled 39.4% — and 2025, when it rose 29.89%.
- Netscout Systems' Operating Leases stood at $67.1 million in 2021, then fell by 10.06% to $60.4 million in 2022, then fell by 12.4% to $52.9 million in 2023, then slipped by 19.14% to $42.8 million in 2024, then retreated by 25.74% to $31.8 million in 2025.
- The last three Operating Leases figures came in at $31.8 million (Q4 2025), $43.5 million (Q3 2025), and $30.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,957.81 Bn | 2,879.54 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,062.12 Bn | 1,047.96 Bn | 7.23 Mn |
| 3 | Oracle | 576.96 Bn | 538.38 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 312.40 Bn | 304.48 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 182.37 Bn | 177.84 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 162.52 Bn | 159.46 Bn | 993.68 Mn |
| 7 | Fortinet | 102.63 Bn | 99.33 Bn | 1.49 Bn |
| 8 | Synopsys | 87.41 Bn | 87.29 Bn | 1.77 Bn |
| 9 | Cloudflare | 77.39 Bn | 76.44 Bn | 455.60 Mn |
| 10 | Netscout Systems | 2.90 Bn | 2.33 Bn | 204.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 31.75 Mn |
| Sep 30, 2025 | 43.55 Mn |
| Jun 30, 2025 | 30.65 Mn |
| Mar 31, 2025 | 32.51 Mn |
| Dec 31, 2024 | 42.76 Mn |
| Sep 30, 2024 | 33.53 Mn |
| Jun 30, 2024 | 35.23 Mn |
| Mar 31, 2024 | 38.10 Mn |
| Dec 31, 2023 | 52.88 Mn |
| Sep 30, 2023 | 55.33 Mn |
| Jun 30, 2023 | 46.40 Mn |
| Mar 31, 2023 | 48.82 Mn |
| Dec 31, 2022 | 60.36 Mn |
| Sep 30, 2022 | 48.84 Mn |
| Jun 30, 2022 | 62.39 Mn |
| Mar 31, 2022 | 53.93 Mn |
| Dec 31, 2021 | 67.11 Mn |
| Sep 30, 2021 | 56.14 Mn |
| Jun 30, 2021 | 70.70 Mn |
| Mar 31, 2021 | 61.27 Mn |