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
DateValue
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