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
DateValue
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