Netskope (NTSK) Tax Rate (2024 - 2026)
Netskope's (NTSK) quarterly Tax Rate came in at 10.44% in Q1 2026, down 2603.0% YoY from 0.42% in Q1 2025, and down 1428.27% on a QoQ basis from 0.68% in Q4 2025.
Netskope (NTSK) Tax Rate (2024 - 2026) Analysis & Trends
Netskope (NTSK) has 3 years of Tax Rate data on file, last reported at 10.44% in Q1 2026.
- Quarterly Tax Rate fell 2603.0% year-over-year to 10.44% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 0.57% (changed N/A YoY) and the FY2026 annual result came in at 2.03%, down 452.0% from the prior year.
- Tax Rate slipped to 10.44% in Q1 2026, from 0.68% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 15.59% in Q1 2025 to a low of 10.44% in Q1 2026.
- A 3-year average of 1.3% and a median of 0.01% in 2025 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2025 — Tax Rate slumped 139 bps — and 2026, when it plunged 2603 bps.
- Tracing NTSK's Tax Rate over 3 years: stood at 0.71% in 2024, then sank by 196 bps to 0.68% in 2025, then slumped by 1428 bps to 10.44% in 2026.
- The last three Tax Rate figures came in at 10.44% (Q1 2026), 0.68% (Q4 2025), and 15.59% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -10.34% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 71.11% |
| 10 | Netskope | 6.38 Bn | 5.28 Bn | 148.26 Mn | -2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -2.69% |
| Apr 30, 2026 | -2.69% |
| Apr 30, 2026 | -2.69% |
| Jan 31, 2026 | -10.44% |
| Jan 31, 2026 | -10.44% |
| Jan 31, 2026 | -10.44% |
| Oct 31, 2025 | -0.68% |
| Oct 31, 2025 | -0.68% |
| Oct 31, 2025 | -0.68% |
| Jan 31, 2025 | 15.59% |
| Jan 31, 2025 | 15.59% |
| Jan 31, 2025 | 15.59% |
| Oct 31, 2024 | 0.71% |
| Oct 31, 2024 | 0.71% |
| Oct 31, 2024 | 0.71% |