Netscout Systems (NTCT) Payables (2011 - 2026)
Netscout Systems' Payables was $23.49 million in fiscal Q4 2026 (quarter ended Mar 31, 2026), up 29.0% from $18.21 million a year earlier and up 36.2% from the prior quarter.
Netscout Systems (NTCT) Payables (2011 - 2026) Analysis & Trends
From fiscal Q4 2011 onward, Netscout Systems has reported Payables for 61 quarters.
- Payables shows a five-year compound annual growth rate of 5.5% (FY2021 to FY2026).
- In earlier fiscal years, Payables was $18.21 million in FY2025 (+25.5%), $14.51 million in FY2024 (-11.9%), $16.47 million in FY2023 (-25.0%) and $21.96 million in FY2022 (+22.2%).
- The fiscal Q4 2026 figure marks the highest quarterly Payables since fiscal Q2 2020.
- Compared with a year earlier, Payables has increased for three straight quarters, with growth averaging 8.1% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was fiscal Q4 2026 (growth of 29.0%); the worst was fiscal Q2 2024 (a decline of 27.5%).
- Per Business Quant data, NTCT's Payables in the three fiscal quarters before Q4 2026 was $17.25 million (Q3 2026), $14.71 million (Q2 2026) and $14.02 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 269.96 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 47.97 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 12.65 Bn |
| 10 | Netscout Systems | 2.82 Bn | 526.09 Mn | - | 23.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 23.49 Mn |
| Dec 31, 2025 | 17.25 Mn |
| Sep 30, 2025 | 14.71 Mn |
| Jun 30, 2025 | 14.02 Mn |
| Mar 31, 2025 | 18.21 Mn |
| Dec 31, 2024 | 13.69 Mn |
| Sep 30, 2024 | 13.91 Mn |
| Jun 30, 2024 | 15.94 Mn |
| Mar 31, 2024 | 14.51 Mn |
| Dec 31, 2023 | 15.13 Mn |
| Sep 30, 2023 | 15.57 Mn |
| Jun 30, 2023 | 14.40 Mn |
| Mar 31, 2023 | 16.47 Mn |
| Dec 31, 2022 | 15.45 Mn |
| Sep 30, 2022 | 21.47 Mn |
| Jun 30, 2022 | 19.85 Mn |
| Mar 31, 2022 | 21.96 Mn |
| Dec 31, 2021 | 18.44 Mn |
| Sep 30, 2021 | 17.64 Mn |
| Jun 30, 2021 | 16.96 Mn |
Netscout Systems Payables 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=payables&ticker=NTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=NTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();