Netskope (NTSK) Tax Rate (2024 - 2026)

Netskope (NTSK) reported Tax Rate of 6.22% for Q1 2026, down 31.0% on a YoY basis from 9.01% in Q1 2025, and down 810.16% quarter-over-quarter from 0.68% in Q4 2025.

Netskope (NTSK) Tax Rate (2024 - 2026) Analysis & Trends

Netskope has reported Tax Rate for 3 years, with the latest figure at 6.22% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 31.0% year-over-year to 6.22%; the trailing twelve-month figure through Jan 2026 stood at 1.59% (changed N/A YoY), and the FY2026 full-year result was 1.7%, up 48.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 6.22%, down from 0.68% in the prior quarter.
  • The five-year high for Tax Rate was 0.71% in Q4 2024, with the low at 6.22% in Q1 2026.
  • Historically, Tax Rate has averaged 3.02% across 3 years, with a median of 3.3% in 2025.
  • Annual changes were most pronounced in 2025 — Tax Rate slumped 139 bps — and 2026, when it sank 31 bps.
  • Netskope's Tax Rate stood at 0.71% in 2024, then sank by 196 bps to 0.68% in 2025, then slumped by 810 bps to 6.22% in 2026.
  • The last three Tax Rate figures came in at 6.22% (Q1 2026), 0.68% (Q4 2025), and 5.91% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 19.22
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 23.68
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 15.74
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 1.37
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 21.31
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn -6.22
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 18.58
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 18.14
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn -7.01
10 Netskope 1.94 Bn 780.78 Mn 143.27 Mn -6.22

Historic Data

Download Data
DateValue
Jan 31, 2026 -6.22%
Jan 31, 2026 -6.22%
Oct 31, 2025 -0.68%
Oct 31, 2025 -0.68%
Jan 31, 2025 -5.91%
Jan 31, 2025 -5.91%
Oct 31, 2024 0.71%
Oct 31, 2024 0.71%