Netskope (NTSK) Research & Development (2024 - 2026)
Netskope (NTSK) posted Research & Development of $96.4 million for Q1 2026, down 35.65% on a QoQ basis from $149.9 million in Q4 2025, and up 52.04% year-over-year from $63.4 million in Q1 2025.
Netskope (NTSK) Research & Development (2024 - 2026) Analysis & Trends
Netskope's Research & Development history runs 3 years deep, the most recent figure standing at $96.4 million for Q1 2026.
- Quarterly Research & Development rose 52.04% year-over-year to $96.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $372.2 million (changed N/A YoY) and the FY2026 annual result came in at $393.7 million, up 40.21% from the prior year.
- Research & Development was $96.4 million for Q1 2026 at Netskope, down from $149.9 million in the prior quarter.
- Across five years, Research & Development topped out at $149.9 million in Q4 2025 and bottomed at $62.4 million in Q4 2024.
- A 3-year average of $93.0 million and a median of $79.9 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2025 — Research & Development soared 140.17% — and 2026, when it surged 52.04%.
- Netskope's Research & Development stood at $62.4 million in 2024, then surged by 140.17% to $149.9 million in 2025, then tumbled by 35.65% to $96.4 million in 2026.
- Business Quant data shows NTSK's Research & Development at $96.4 million in Q1 2026, $149.9 million in Q4 2025, and $63.4 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Netskope | 2.46 Bn | 1.70 Bn | 143.27 Mn | 96.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 96.45 Mn |
| Oct 31, 2025 | 149.87 Mn |
| Jan 31, 2025 | 63.44 Mn |
| Oct 31, 2024 | 62.40 Mn |