Strong Revenue Growth
Revenue for Q1 of fiscal year 2026 was approximately $187 million, representing a 7% year-over-year increase. This growth was driven by strong performance in the cybersecurity area.
Increased Earnings
Non-GAAP diluted earnings per share increased approximately 21% year-over-year to $0.34, reflecting the benefit of restructuring and cost management initiatives.
Cybersecurity Revenue Surge
Cybersecurity revenue increased by 18% year-over-year, driven by strong growth in both enterprise and service provider customer verticals.
Successful Product Enhancements
Introduction of new AI-backed enhancements to NETSCOUT Arbor Edge Defense and NETSCOUT Arbor Enterprise Manager Adaptive DDoS solutions to enhance defense and improve reporting.
Major Customer Wins
Secured a high 7-figure order with a U.S. government agency and a low 7-figure deal with a major Latin American financial institution, reflecting strong traction in both service assurance and cybersecurity solutions.
Strong Liquidity Position
Ended the first quarter with $543.5 million in cash, cash equivalents, and marketable securities, representing an increase of $51 million since the end of fiscal year 2025.