Filing Flows › Netscout Systems (NTCT) › Q2 FY27 › vs Q1 FY27
Netscout Systems (NTCT) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Netscout Systems's revenue rose $11.8M (+6%) from $210M in Q1 FY27 to $222M in Q2 FY27. The biggest changes: Service +$7.9M (+6%); Product +$3.9M (+4%). Gross margin 79.5% against 78.9% (+0.6 pts).
Netscout Systems, Q2 FY27: revenue $222M (+1% year over year), operating margin 16.9%, net earnings $34.4M, operating cash flow −$15.1M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 79.5% | 78.9% | +0.6 pts |
| Operating margin | 16.9% | 6.9% | +10.0 pts |
| Net margin | 15.5% | 10.4% | +5.1 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Service | $132M | $124M | $7.9M | +6% |
| Product | $89.9M | $86.0M | $3.9M | +4% |
| Revenue | $222M | $210M | $11.8M | +6% |
| Gross profit | $177M | $166M | $10.7M | +6% |
| Cost of revenue | $45.5M | $44.5M | $1.0M | +2% |
| Other income, net | $3.1M | $4.5M | −$1.4M | -31% |
| Operating profit | $37.6M | $14.5M | $23.1M | +160% |
| Operating expenses | $139M | $151M | −$12.4M | -8% |
| Pre-tax earnings | $40.7M | $19.0M | $21.7M | +115% |
| Research & development | $39.0M | $42.4M | −$3.4M | -8% |
| Sales & marketing | $64.8M | $72.8M | −$8.0M | -11% |
| General & admin | $24.7M | $25.7M | −$1.0M | -4% |
| Other operating costs | $10.6M | $10.6M | −$13K | -0.1% |
| Net earnings | $34.4M | $21.8M | $12.5M | +57% |
| Income tax | $6.3M | −$2.9M | $9.2M | — |
| Operating cash sources | $78.4M | $3.5M | $74.9M | 23× |
| Depreciation & amortization | $15.0M | $14.4M | $590K | +4% |
| Share-based compensation | $13.9M | $18.0M | −$4.1M | -23% |
| Cash used in operations | $15.1M | −$50.8M | $65.9M | — |
| Working capital & other | $78.4M | $3.5M | $74.9M | 23× |
Questions
How much did Netscout Systems's revenue grow quarter over quarter in Q2 FY27?
Netscout Systems's revenue rose $11.8M (+6%) from $210M in Q1 FY27 to $222M in Q2 FY27.
What drove Netscout Systems's revenue change in Q2 FY27?
Service +$7.9M (+6%); Product +$3.9M (+4%).