Netscout Systems (NTCT) Research & Development (2010 - 2025)
Netscout Systems' (NTCT) quarterly Research & Development came in at $65.4 million in Q4 2025, down 6.49% on a YoY basis from $69.9 million in Q4 2024, and up 0.72% quarter-over-quarter from $64.9 million in Q3 2025.
Analysis
Netscout Systems (NTCT) Research & Development (2010 - 2025) Analysis & Trends
Netscout Systems (NTCT) has reported Research & Development for 16 consecutive years, with $65.4 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 6.49% year-over-year to $65.4 million; the trailing twelve-month figure through Dec 2025 stood at $267.5 million (up 1.55% YoY), and the FY2025 full-year result was $268.1 million, down 1.08% from the prior year.
- Research & Development rose to $65.4 million in Q4 2025 per NTCT's latest filing, from $64.9 million in the prior quarter.
- Across five years, Research & Development topped out at $79.0 million in Q2 2023 and bottomed at $61.0 million in Q3 2023.
- Historically, Research & Development has averaged $67.2 million across 5 years, with a median of $66.3 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Research & Development grew 15.71% in 2022, then slipped 10.97% in 2024.
- Over 5 years, Research & Development stood at $66.0 million in 2021, then rose by 1.43% to $67.0 million in 2022, then gained by 3.18% to $69.1 million in 2023, then climbed by 1.17% to $69.9 million in 2024, then dropped by 6.49% to $65.4 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $65.4 million, $64.9 million, and $70.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Datadog | 74.71 Bn | 69.72 Bn | 881.34 Mn | 477.97 Mn |
| 2 | Dynatrace | 14.74 Bn | 13.63 Bn | 451.10 Mn | 181.63 Mn |
| 3 | AvePoint | 2.76 Bn | 2.35 Bn | 91.01 Mn | 45.54 Mn |
| 4 | Netscout Systems | 2.67 Bn | 2.00 Bn | - | - |
| 5 | PagerDuty | 1.03 Bn | 561.41 Mn | 104.40 Mn | 38.33 Mn |
| 6 | N-able | 722.46 Mn | 606.65 Mn | 106.20 Mn | 42.69 Mn |
| 7 | Radcom | 161.85 Mn | 52.15 Mn | - | 5.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 65.39 Mn |
| Sep 30, 2025 | 64.93 Mn |
| Jun 30, 2025 | 70.60 Mn |
| Mar 31, 2025 | 66.56 Mn |
| Dec 31, 2024 | 69.93 Mn |
| Sep 30, 2024 | 61.23 Mn |
| Jun 30, 2024 | 70.33 Mn |
| Mar 31, 2024 | 61.91 Mn |
| Dec 31, 2023 | 69.12 Mn |
| Sep 30, 2023 | 60.95 Mn |
| Jun 30, 2023 | 79.00 Mn |
| Mar 31, 2023 | 67.48 Mn |
| Dec 31, 2022 | 66.99 Mn |
| Sep 30, 2022 | 66.12 Mn |
| Jun 30, 2022 | 76.32 Mn |
| Mar 31, 2022 | 67.00 Mn |
| Dec 31, 2021 | 66.05 Mn |
| Sep 30, 2021 | 65.19 Mn |
| Jun 30, 2021 | 65.96 Mn |
| Mar 31, 2021 | 62.06 Mn |