Netskope (NTSK) Cost of Revenue (2024 - 2026)
Netskope's (NTSK) quarterly Cost of Revenue came in at $53.1 million in Q1 2026, up 7.94% YoY from $49.2 million in Q1 2025, and down 31.56% on a QoQ basis from $77.5 million in Q4 2025.
Netskope (NTSK) Cost of Revenue (2024 - 2026) Analysis & Trends
Netskope (NTSK) has 3 years of Cost of Revenue data on file, last reported at $53.1 million in 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 eased to $53.1 million in Q1 2026, from $77.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $77.5 million in Q4 2025 to a low of $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 increased 7.94%.
- Tracing NTSK's Cost of Revenue over 3 years: stood at $46.8 million in 2024, then surged by 65.79% to $77.5 million in 2025, then slumped by 31.56% to $53.1 million in 2026.
- The last three Cost of Revenue figures came in at $53.1 million (Q1 2026), $77.5 million (Q4 2025), and $49.2 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 296.87 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Netskope | 6.38 Bn | 5.28 Bn | 148.26 Mn | 53.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 53.34 Mn |
| Apr 30, 2026 | 53.34 Mn |
| 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 |