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
DateValue
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