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| Date | Value |
|---|---|
| Jan 31, 2026 | 257.56 Mn |
| Oct 31, 2025 | 553.61 Mn |
| Jan 31, 2025 | 140.50 Mn |
| Oct 31, 2024 | 145.60 Mn |