Netskope (NTSK) Gross Margin (2024 - 2026)
Netskope's (NTSK) quarterly Gross Margin came in at 72.97% in Q1 2026, up 608.0% YoY from 10.31% in Q1 2025, and up 26.03% on a QoQ basis from 57.9% in Q4 2025.
Netskope (NTSK) Gross Margin (2024 - 2026) Analysis & Trends
Netskope (NTSK) has 3 years of Gross Margin data on file, last reported at 72.97% in 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 rose to 72.97% in Q1 2026, from 57.9% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 72.97% in Q1 2026 to a low of 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 slumped 834 bps — and 2026, when it soared 608 bps.
- Tracing NTSK's Gross Margin over 3 years: stood at 66.24% in 2024, then declined by 13 bps to 57.9% in 2025, then climbed by 26 bps to 72.97% in 2026.
- The last three Gross Margin figures came in at 72.97% (Q1 2026), 57.9% (Q4 2025), and 66.89% (Q1 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 67.20% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 84.66% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 47.84% |
| 10 | Netskope | 6.38 Bn | 5.28 Bn | 148.26 Mn | 73.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 73.54% |
| Jan 31, 2026 | 72.97% |
| Oct 31, 2025 | 57.90% |
| Jan 31, 2025 | 66.89% |
| Oct 31, 2024 | 66.24% |