Netscout (NTCT)
NASDAQ:NTCT
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a return to full-year revenue growth, notable margin expansion, strong free cash flow and an improved balance sheet, alongside strategic momentum in cybersecurity, product backlog gains, a small accretive acquisition and constructive FY2027 guidance. Near-term weakness was largely timing-related (Q4 product revenue and slight quarterly margin compression) and management flagged macro and AI-adoption timing risks. Overall, the positive fundamentals, cash generation, and growth in higher-margin cybersecurity offerings outweigh the transitory quarter-level challenges and macro caution.Company Guidance
Full Fiscal Year Revenue and EPS Growth
Revenue for FY2026 increased 4.5% year-over-year to $859.5 million and diluted non-GAAP EPS grew nearly 12% to $2.48, exceeding the high end of guidance.
Cybersecurity Outperformance
Cybersecurity revenue grew approximately 7.8% (FY2026), outpacing the company average and comprising ~36% of total revenue, positioning cybersecurity as a key long-term growth and margin driver.
Service Revenue and Enterprise Strength
Service revenue rose 5.7% to $489.3 million for the year; Enterprise vertical revenue increased 5.4% and Service Assurance revenue grew ~2.6–3% driven by enterprise customers and federal demand.
Expanded Margins and Profitability
Gross profit margin improved to 80.8% for FY2026 (up ~0.8 percentage points YoY) and operating margin rose to 25.4% (up 1.7 percentage points YoY), reflecting higher product margin and disciplined cost management.
Strong Cash Flow and Balance Sheet
Company ended FY2026 with $705.1 million in cash, cash equivalents and marketable securities (up $212.7 million YoY) and produced near-record free cash flow of $285.4 million for the year.
Backlog and Product Momentum
Total product backlog grew to ~$50 million (including $45.8 million fulfillable) versus ~$33 million a year ago, and newly launched sensor/streamer offerings achieved initial FY revenue of roughly $10–15 million.
Strategic Acquisition and FY2027 Guidance
Closed DigiCert DDoS asset acquisition (May 1), expected to be immediately accretive with an initial annualized revenue run rate of ~$20 million; FY2027 guidance calls for revenue of $885–$915 million and non-GAAP EPS of $2.65–$2.80 (year-over-year growth on top and bottom lines).
Capital Returns and Financial Flexibility
Repurchased ~2.5 million shares for ~$61 million in FY2026, maintain capacity under buyback authorization, no outstanding balance on $600M revolver, and expect to remain active in repurchases subject to market conditions.
NTCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $35.52 | $38.29 | +7.80% |
Feb 05, 2026 | $28.42 | $27.07 | -4.75% |
Nov 06, 2025 | $27.31 | $29.25 | +7.10% |
Aug 07, 2025 | $21.72 | $21.28 | -2.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Netscout (NTCT) report earnings?
Netscout (NTCT) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Netscout (NTCT) earnings time?
Netscout (NTCT) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTCT EPS forecast?
NTCT EPS forecast for the fiscal quarter 2027 (Q1) is 0.38.