Netskope (NTSK) Tax Rate (2024 - 2026)
Netskope posted quarterly Tax Rate of 6.22% for Q1 2026, down 31.0% year-on-year from 9.01% in Q1 2025, and down 810.16% on a QoQ basis from 0.68% in Q4 2025.
Netskope (NTSK) has 3 years of Tax Rate data on file, last reported 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.
- Across five years, Tax Rate topped out at 0.71% in Q4 2024 and bottomed at 6.22% in Q1 2026.
- The 3-year median for Tax Rate is 3.3% (2025), against an average of 3.02%.
- The widest annual swing landed in 2025, when Tax Rate plunged 139 bps; it then tumbled 31 bps in 2026.
- A 3-year view of Tax Rate shows it stood at 0.71% in 2024, then plunged by 196 bps to 0.68% in 2025, then sank 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 | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 19.22 |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 15.74 |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 1.37 |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 21.31 |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | -6.22 |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 18.58 |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | -7.01 |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 18.14 |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | -12.80 |
| 10 | Netskope | 2.75 Bn | 1.59 Bn | 143.27 Mn | -6.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |