Netskope (NTSK) Operating Margin (2024 - 2026)
Netskope (NTSK) posted Operating Margin of 58.21% for Q1 2026, up 76.01% on a QoQ basis from 242.69% in Q4 2025, and down 3048.0% year-over-year from 1.97% in Q1 2025.
Netskope (NTSK) Operating Margin (2024 - 2026) Analysis & Trends
Netskope's Operating Margin history runs 3 years deep, the most recent figure standing at 58.21% for 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 was 58.21% for Q1 2026 at Netskope, up from 242.69% in the prior quarter.
- Across five years, Operating Margin topped out at 27.73% in Q1 2025 and bottomed at 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 tumbled 20383 bps — and 2026, when it plunged 3048 bps.
- Netskope's Operating Margin stood at 38.86% in 2024, then tumbled by 525 bps to 242.69% in 2025, then surged by 76 bps to 58.21% in 2026.
- Business Quant data shows NTSK's Operating Margin at 58.21% in Q1 2026, 242.69% in Q4 2025, and 27.73% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 46.33% |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 75.95% |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 31.97% |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 46.18% |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 15.30% |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 1.06% |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 31.36% |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -9.69% |
| 10 | Netskope | 2.46 Bn | 1.70 Bn | 143.27 Mn | -58.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -58.21% |
| Oct 31, 2025 | -242.69% |
| Jan 31, 2025 | -27.73% |
| Oct 31, 2024 | -38.86% |