Netskope (NTSK) Operating Expenses (2024 - 2026)
Netskope's Operating Expenses came in at $252.82 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 49.4% from $169.21 million a year earlier but down 1.6% from the prior quarter.
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Analysis
Netskope (NTSK) Operating Expenses (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Netskope reported Operating Expenses of $1.32 billion, up 116.5% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.14 billion, up 88.1% from FY2025.
- Going back by fiscal year, Operating Expenses was $603.64 million in FY2025 (+8.6%) and $556.05 million in FY2024.
- The five-year range for quarterly Operating Expenses is $140.5 million (fiscal Q4 2025) to $553.61 million (fiscal Q3 2026).
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 119.7% over the last four quarters.
- Business Quant data shows NTSK's Operating Expenses at $256.99 million (Q1 2027), $257.56 million (Q4 2026) and $553.61 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 499.67 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.17 Bn |
| 10 | Netskope | 7.28 Bn | 2.80 Bn | 163.02 Mn | 252.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 252.82 Mn |
| Apr 30, 2026 | 256.99 Mn |
| Jan 31, 2026 | 257.56 Mn |
| Oct 31, 2025 | 553.61 Mn |
| Jul 31, 2025 | 169.21 Mn |
| Apr 30, 2025 | 154.87 Mn |
| Jan 31, 2025 | 140.50 Mn |
| Oct 31, 2024 | 145.60 Mn |
API Access
Netskope Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=NTSK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NTSK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NTSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();