Netskope (NTSK) Gross Margin (2024 - 2026)
Netskope (NTSK) posted Gross Margin of 72.97% for Q1 2026, up 26.03% on a QoQ basis from 57.9% in Q4 2025, and up 608.0% year-over-year from 10.31% in Q1 2025.
Netskope (NTSK) Gross Margin (2024 - 2026) Analysis & Trends
Netskope's Gross Margin history runs 3 years deep, the most recent figure standing at 72.97% for Q1 2026.
- Quarterly Gross Margin rose 608.0% year-over-year to 72.97% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 66.07% (changed N/A YoY) and the FY2026 annual result came in at 68.08%, up 344.0% from the prior year.
- Gross Margin was 72.97% for Q1 2026 at Netskope, up from 57.9% in the prior quarter.
- Across five years, Gross Margin topped out at 72.97% in Q1 2026 and bottomed at 57.9% in Q4 2025.
- A 3-year average of 66.0% and a median of 66.57% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin sank 834 bps — and 2026, when it soared 608 bps.
- Netskope's Gross Margin stood at 66.24% in 2024, then retreated by 13 bps to 57.9% in 2025, then increased by 26 bps to 72.97% in 2026.
- Business Quant data shows NTSK's Gross Margin at 72.97% in Q1 2026, 57.9% in Q4 2025, and 66.89% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 37.73% |
| 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 | 86.78% |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 71.21% |
| 10 | Netskope | 2.46 Bn | 1.70 Bn | 143.27 Mn | 72.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 72.97% |
| Oct 31, 2025 | 57.90% |
| Jan 31, 2025 | 66.89% |
| Oct 31, 2024 | 66.24% |