Netskope, Inc. most recently reported annual revenue of $709.0M, a net loss of $679.0M. Revenue grew at an average annual rate of 32.0% over the last 2 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Netskope, Inc.: Revenue rose from $407.0M in 2023 to $709.0M in 2025, a change of +74.2% over 2 years; net profit was positive in 0 of 3 reported years; operating margin moved from -76.9% to -92.0%, a shift of -15.2 percentage points; the most recent year shows a net loss of $679.0M.
Income Statement — 3 Years (USD millions)
Metric
2023
2024
2025
Revenue
$407.0M
$538.0M
$709.0M
Operating Expenses
$720.0M
$794.0M
$1.4B
Operating Profit
$-313.0M
$-256.0M
$-653.0M
Operating Margin
-76.9%
-47.5%
-92.0%
Other Income
$-25.0M
$-95.0M
$-15.0M
Interest
$0
$0
$0
Depreciation
$50.0M
$52.0M
$46.0M
Profit Before Tax
$-338.0M
$-350.0M
$-668.0M
Tax
$-2.0M
$-1.2M
$-1.7M
Net Profit
$-345.0M
$-355.0M
$-679.0M
EPS
$-1.05
$-1.08
$-1.75
Dividend Payout
0.0%
0.0%
0.0%
Quarterly Results — Last 10 Quarters (USD millions)
Metric
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$114.0M
$121.0M
$130.0M
$139.0M
$148.0M
$158.0M
$171.0M
$184.0M
$196.0M
$202.0M
Operating Expenses
$184.0M
$206.0M
$206.0M
$192.0M
$190.0M
$203.0M
$217.0M
$631.0M
$311.0M
$310.0M
Operating Profit
$-70.0M
$-85.0M
$-76.0M
$-53.0M
$-41.0M
$-45.0M
$-46.0M
$-447.0M
$-114.0M
$-109.0M
Operating Margin
-61.9%
-70.2%
-58.2%
-38.5%
-27.7%
-28.8%
-26.9%
-242.7%
-58.2%
-53.9%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$0
$-93.0M
$-110.0M
$0
$0
$-77.0M
$-88.0M
$-450.0M
$-53.0M
$-113.0M
Tax
—
$-1.9M
$-1.7M
—
—
$-3.2M
$-2.8M
$-680,000
$-6.2M
$-2.7M
Net Profit
$-91.0M
$-95.0M
$-112.0M
$-71.0M
$-77.0M
$-79.0M
$-90.0M
$-453.0M
$-57.0M
$-116.0M
EPS
$-0.24
$-0.29
$-0.31
$-0.19
$-0.20
$-0.21
$-0.24
$-1.19
$-0.14
$-0.29
Over the 3 years reported for Netskope, Inc., borrowings increased from $509.0M in 2023 to $755.0M in 2025, cash stood at $471.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 2.12 times.
Balance Sheet — 3 Years (USD millions)
Metric
2023
2024
2025
Total Assets
$774.0M
$859.0M
$1.8B
Current Assets
$480.0M
$528.0M
$1.4B
Cash
$163.0M
$166.0M
$471.0M
Inventory
$7.0M
$6.0M
$5.0M
Receivables
$114.0M
$195.0M
$158.0M
Fixed Assets
$127.0M
$134.0M
$126.0M
Capital Work in Progress
$0
$0
$0
Investments
$124.0M
$81.0M
$687.0M
Other Assets
$57.0M
$61.0M
$61.0M
Total Liabilities
$1.0B
$1.3B
$1.6B
Current Liabilities
$428.0M
$527.0M
$682.0M
Borrowings
$509.0M
$663.0M
$755.0M
Other Liabilities
$522.0M
$681.0M
$823.0M
Equity
$0
$0
$0
Reserves
$-257.0M
$-486.0M
$195.0M
For Netskope, Inc., operating cash flow was positive in 1 of 3 reported years; free cash flow in the latest year was $15.0M; free cash flow was positive in 1 of 3 years; financing activities used $132.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 3 Years (USD millions)
Metric
2023
2024
2025
Operating Cash Flow
$-167.0M
$-111.0M
$38.0M
Investing Cash Flow
$136.0M
$-38.0M
$-652.0M
Financing Cash Flow
$-4.0M
$0
$-132.0M
Net Cash Flow
$16.0M
$1.0M
$305.0M
Free Cash Flow
$-208.0M
$-151.0M
$15.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.08
EV / EBITDA
-10.80
FCF Yield
-0.94%
Quick Ratio
2.00
Interest Coverage
—
Return 1Y
-20.43%
Return 3Y
—
Return 5Y
—
Netskope, Inc. (NTSK) financials — frequently asked questions
What is Netskope, Inc.'s annual revenue?
Netskope, Inc. (NTSK) reported annual revenue of $709.0M in its most recent fiscal year.
What is Netskope, Inc.'s net profit?
Netskope, Inc. (NTSK) reported a net loss of $679.0M in its most recent fiscal year.
What is NTSK EV/EBITDA?
Netskope, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -10.80. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.