Netskope (NTSK) Operating Expenses (2024 - 2026)

Netskope posted quarterly Operating Expenses of $257.6 million for Q1 2026, up 83.31% year-on-year from $140.5 million in Q1 2025, and down 53.48% on a QoQ basis from $553.6 million in Q4 2025.

Netskope (NTSK) has 3 years of Operating Expenses data on file, last reported at $257.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 83.31% year-over-year to $257.6 million; the trailing twelve-month figure through Jan 2026 stood at $1.1 billion (changed N/A YoY), and the FY2026 full-year result was $1.1 billion, up 88.07% from the prior year.
  • Operating Expenses for Q1 2026 stood at $257.6 million, down from $553.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $553.6 million in Q4 2025 and bottomed at $140.5 million in Q1 2025.
  • The 3-year median for Operating Expenses is $201.6 million (2024), against an average of $274.3 million.
  • The widest annual swing landed in 2025, when Operating Expenses soared 280.23%; it then jumped 83.31% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $145.6 million in 2024, then jumped by 280.23% to $553.6 million in 2025, then tumbled by 53.48% to $257.6 million in 2026.
  • The last three Operating Expenses figures came in at $257.6 million (Q1 2026), $553.6 million (Q4 2025), and $140.5 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,425.08 Bn 3,346.81 Bn 56.06 Bn 10.85 Bn
2 Oracle 712.03 Bn 673.46 Bn 15.14 Bn 11.73 Bn
3 Palantir Technologies 384.58 Bn 376.66 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 208.80 Bn 204.26 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 195.63 Bn 192.58 Bn 993.68 Mn 979.89 Mn
6 Fortinet 108.69 Bn 105.40 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 95.27 Bn 94.32 Bn 455.60 Mn 517.59 Mn
8 Synopsys 93.41 Bn 93.30 Bn 1.77 Bn 1.57 Bn
9 CoreWeave 65.84 Bn 63.57 Bn 2.01 Bn 2.22 Bn
10 Netskope 2.75 Bn 1.59 Bn 143.27 Mn 257.56 Mn

Historic Data

Download Data 🔒
DateValue
Jan 31, 2026 257.56 Mn
Oct 31, 2025 553.61 Mn
Jan 31, 2025 140.50 Mn
Oct 31, 2024 145.60 Mn