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
DateValue
Jan 31, 2026 72.97%
Oct 31, 2025 57.90%
Jan 31, 2025 66.89%
Oct 31, 2024 66.24%