Netscout Systems (NTCT) Operating Margin (2010 - 2025)
Netscout Systems (NTCT) reported Operating Margin of 25.66% for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 1.17 percentage points from 24.49% a year earlier and up 10.82 percentage points from the prior quarter.
Netscout Systems (NTCT) Operating Margin (2010 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, Netscout Systems' Operating Margin came in at 12.78%, up 64.48 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at -44.68%, down 26.62 percentage points from FY2024.
- Operating Margin has a five-year change of -46.66 percentage points (FY2020 to FY2025).
- By fiscal year, Operating Margin came in at -18.06% in FY2024 (-26.56 pp), 8.49% in FY2023 (+2.81 pp), 5.68% in FY2022 (+1.22 pp) and 4.47% in FY2021 (+2.49 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Operating Margin in data going back to fiscal Q1 2011.
- Year over year, Operating Margin has now increased in each of the last five quarters, with an average year-over-year change of +12.05 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was fiscal Q1 2026 (a gain of 261.90 percentage points); the low point was fiscal Q1 2025 (a drop of 263.19 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 14.83% (Q2 2026), -3.51% (Q1 2026) and 9.70% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 0.49% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 5.17% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 13.29% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 9.66% |
| 10 | Netscout Systems | 2.82 Bn | 526.09 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 25.66% |
| Sep 30, 2025 | 14.83% |
| Jun 30, 2025 | -3.51% |
| Mar 31, 2025 | 9.70% |
| Dec 31, 2024 | 24.49% |
| Sep 30, 2024 | 7.39% |
| Jun 30, 2024 | -265.42% |
| Mar 31, 2024 | -18.18% |
| Dec 31, 2023 | -61.65% |
| Sep 30, 2023 | 13.36% |
| Jun 30, 2023 | -2.22% |
| Mar 31, 2023 | 0.79% |
| Dec 31, 2022 | 23.65% |
| Sep 30, 2022 | 9.38% |
| Jun 30, 2022 | -4.37% |
| Mar 31, 2022 | -4.35% |
| Dec 31, 2021 | 21.15% |
| Sep 30, 2021 | 5.74% |
| Jun 30, 2021 | -5.61% |
| Mar 31, 2021 | 7.53% |
Netscout Systems Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NTCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();