Netscout Systems (NTCT) Operating Leases (2019 - 2025)
Netscout Systems (NTCT) posted Operating Leases of $41.8 million for Q4 2025, up 24.64% on a QoQ basis from $33.5 million in Q3 2025, and up 31.47% year-over-year from $31.8 million in Q4 2024.
Netscout Systems (NTCT) Operating Leases (2019 - 2025) Analysis & Trends
Netscout Systems' Operating Leases history runs 7 years deep, the most recent figure standing at $41.8 million for Q4 2025.
- Quarterly Operating Leases rose 31.47% year-over-year to $41.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $41.8 million (up 31.47% YoY) and the FY2025 annual result came in at $32.5 million, down 14.68% from the prior year.
- Operating Leases was $41.8 million for Q4 2025 at Netscout Systems, up from $33.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $68.1 million in Q3 2021 and bottomed at $30.6 million in Q2 2025.
- A 5-year average of $48.1 million and a median of $50.1 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases plunged 39.86% — and 2025, when it surged 31.47%.
- Netscout Systems' Operating Leases stood at $55.7 million in 2021, then climbed by 8.42% to $60.4 million in 2022, then decreased by 12.4% to $52.9 million in 2023, then slumped by 39.86% to $31.8 million in 2024, then soared by 31.47% to $41.8 million in 2025.
- Business Quant data shows NTCT's Operating Leases at $41.8 million in Q4 2025, $33.5 million in Q3 2025, and $30.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,895.32 Bn | 2,770.88 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,671.35 Bn | 2,671.35 Bn | 358.92 Mn |
| 3 | Repay Holdings | 344.36 Bn | 344.21 Bn | - |
| 4 | Oracle | 338.75 Bn | 306.86 Bn | - |
| 5 | Palantir Technologies | 297.09 Bn | 289.06 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 223.05 Bn | 218.51 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 184.01 Bn | 180.91 Bn | 993.68 Mn |
| 8 | Fortinet | 109.44 Bn | 106.15 Bn | 1.49 Bn |
| 9 | Cloudflare | 95.35 Bn | 94.40 Bn | 455.60 Mn |
| 10 | Netscout Systems | 2.86 Bn | 2.29 Bn | 204.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 41.80 Mn |
| Sep 30, 2025 | 33.54 Mn |
| Jun 30, 2025 | 30.65 Mn |
| Mar 31, 2025 | 32.51 Mn |
| Dec 31, 2024 | 31.80 Mn |
| Sep 30, 2024 | 33.53 Mn |
| Jun 30, 2024 | 47.09 Mn |
| Mar 31, 2024 | 38.10 Mn |
| Dec 31, 2023 | 52.88 Mn |
| Sep 30, 2023 | 43.65 Mn |
| Jun 30, 2023 | 58.13 Mn |
| Mar 31, 2023 | 48.82 Mn |
| Dec 31, 2022 | 60.36 Mn |
| Sep 30, 2022 | 59.30 Mn |
| Jun 30, 2022 | 51.41 Mn |
| Mar 31, 2022 | 53.93 Mn |
| Dec 31, 2021 | 55.67 Mn |
| Sep 30, 2021 | 68.14 Mn |
| Jun 30, 2021 | 58.58 Mn |
| Mar 31, 2021 | 61.27 Mn |