Netskope (NTSK) Cost of Revenue (2024 - 2026)
Netskope (NTSK) reported Cost of Revenue of $96.4 million for Q1 2026, up 456.92% on a YoY basis from $17.3 million in Q1 2025, and down 35.65% quarter-over-quarter from $149.9 million in Q4 2025.
Netskope (NTSK) Cost of Revenue (2024 - 2026) Analysis & Trends
Netskope has reported Cost of Revenue for 3 years, with the latest figure at $96.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 456.92% year-over-year to $96.4 million; the trailing twelve-month figure through Jan 2026 stood at $266.1 million (changed N/A YoY), and the FY2026 full-year result was $393.7 million, up 106.83% from the prior year.
- Cost of Revenue for Q1 2026 stood at $96.4 million, down from $149.9 million in the prior quarter.
- The five-year high for Cost of Revenue was $149.9 million in Q4 2025, with the low at -$27.0 million in Q1 2025.
- Historically, Cost of Revenue has averaged $66.5 million across 3 years, with a median of $71.6 million in 2024.
- Annual changes were most pronounced in 2025 — Cost of Revenue soared 220.47% — and 2026, when it jumped 456.92%.
- Netskope's Cost of Revenue stood at $46.8 million in 2024, then soared by 220.47% to $149.9 million in 2025, then sank by 35.65% to $96.4 million in 2026.
- The last three Cost of Revenue figures came in at $96.4 million (Q1 2026), $149.9 million (Q4 2025), and -$27.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 4.48 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 2.05 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 215.80 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 823.00 Mn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 463.58 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 636.30 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Netskope | 1.94 Bn | 780.78 Mn | 143.27 Mn | 96.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 96.45 Mn |
| Jan 31, 2026 | 96.45 Mn |
| Oct 31, 2025 | 149.87 Mn |
| Oct 31, 2025 | 149.87 Mn |
| Jan 31, 2025 | -27.02 Mn |
| Jan 31, 2025 | -27.02 Mn |
| Oct 31, 2024 | 46.77 Mn |
| Oct 31, 2024 | 46.77 Mn |