Netskope (NTSK) Cost of Revenue (2024 - 2026)
Netskope (NTSK) posted Cost of Revenue of $53.1 million for Q1 2026, down 31.56% on a QoQ basis from $77.5 million in Q4 2025, and up 7.94% year-over-year from $49.2 million in Q1 2025.
Netskope (NTSK) Cost of Revenue (2024 - 2026) Analysis & Trends
Netskope's Cost of Revenue history runs 3 years deep, the most recent figure standing at $53.1 million for Q1 2026.
- Quarterly Cost of Revenue rose 7.94% year-over-year to $53.1 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $226.5 million (changed N/A YoY) and the FY2026 annual result came in at $226.3 million, up 18.89% from the prior year.
- Cost of Revenue was $53.1 million for Q1 2026 at Netskope, down from $77.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $77.5 million in Q4 2025 and bottomed at $46.8 million in Q4 2024.
- A 3-year average of $56.6 million and a median of $51.1 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2025 — Cost of Revenue jumped 65.79% — and 2026, when it advanced 7.94%.
- Netskope's Cost of Revenue stood at $46.8 million in 2024, then jumped by 65.79% to $77.5 million in 2025, then plunged by 31.56% to $53.1 million in 2026.
- Business Quant data shows NTSK's Cost of Revenue at $53.1 million in Q1 2026, $77.5 million in Q4 2025, and $49.2 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Netskope | 2.46 Bn | 1.70 Bn | 143.27 Mn | 53.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 53.06 Mn |
| Jan 31, 2026 | 53.06 Mn |
| Oct 31, 2025 | 77.53 Mn |
| Oct 31, 2025 | 77.53 Mn |
| Jan 31, 2025 | 49.16 Mn |
| Jan 31, 2025 | 49.16 Mn |
| Oct 31, 2024 | 46.77 Mn |
| Oct 31, 2024 | 46.77 Mn |