Netskope (NTSK) Operating Margin (2024 - 2026)
Netskope's (NTSK) quarterly Operating Margin came in at 58.21% in Q1 2026, down 3048.0% YoY from 1.97% in Q1 2025, and up 76.01% on a QoQ basis from 242.69% in Q4 2025.
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Netskope (NTSK) Operating Margin (2024 - 2026) Analysis & Trends
Netskope (NTSK) has 3 years of Operating Margin data on file, last reported at 58.21% in Q1 2026.
- Quarterly Operating Margin fell 3048.0% year-over-year to 58.21% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 98.31% (changed N/A YoY) and the FY2026 annual result came in at 92.04%, down 4453.0% from the prior year.
- Operating Margin rose to 58.21% in Q1 2026, from 242.69% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 27.73% in Q1 2025 to a low of 242.69% in Q4 2025.
- A 3-year average of 91.87% and a median of 48.54% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2025 — Operating Margin plunged 20383 bps — and 2026, when it sank 3048 bps.
- Tracing NTSK's Operating Margin over 3 years: stood at 38.86% in 2024, then sank by 525 bps to 242.69% in 2025, then soared by 76 bps to 58.21% in 2026.
- The last three Operating Margin figures came in at 58.21% (Q1 2026), 242.69% (Q4 2025), and 27.73% (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 45.11% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 31.97% |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 47.12% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -6.10% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -2.26% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 33.66% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -29.55% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 14.43% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 6.75% |
| 10 | Netskope | 5.67 Bn | 4.60 Bn | 163.02 Mn | -40.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -40.72% |
| Apr 30, 2026 | -53.94% |
| Jan 31, 2026 | -58.21% |
| Oct 31, 2025 | -242.69% |
| Jul 31, 2025 | -26.92% |
| Apr 30, 2025 | -28.76% |
| Jan 31, 2025 | -27.73% |
| Oct 31, 2024 | -38.86% |