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
DateValue
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