Filing Flows › Netscout Systems (NTCT) › Q2 FY27
Netscout Systems (NTCT) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 5, 2026
Netscout Systems (NTCT) reported revenue of $222M for the second quarter fiscal 2027 (Q2 FY27), +1% from a year earlier and +6% from the quarter before. Operating margin was 16.9%, net earnings $34.4M (15.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $222M | +6% | +1% |
| Gross profit | $177M | +6% | +0.7% |
| Operating profit | $37.6M | +160% | +16% |
| Net earnings | $34.4M | +57% | +33% |
| Operating cash flow | −$15.1M | -130% | -328% |
What changed
Revenue was $222.2M in Q2 FY27, up 1% year over year and up 6% from the previous quarter. Service was the largest line at 60% of revenue. Service added $8.0M year over year (up 6%), 253% of the total change. Product declined 5%.
Gross margin was 79.5%, down 0.6 points from Q2 FY26. Operating profit was $37.6M, a 16.9% margin (up 2.1 points year over year). Of the extra revenue versus Q2 FY26, 161% reached operating profit, above the 15% margin then. Operating expenses fell 3% while revenue rose 1%. Net earnings were $34.4M, up 33% year over year. The effective tax rate was 15.5%.
Operating cash flow was −$15.1M. Non-cash charges added back $15.0M of depreciation and amortization and $13.9M of share-based compensation. Working capital and other items used $78.4M. Capital expenditures of $642K exceeded it, leaving free cash flow of −$15.8M.
Questions
What was Netscout Systems' revenue in the second quarter fiscal 2027?
Netscout Systems (NTCT) reported revenue of $222M for the second quarter fiscal 2027 (Q2 FY27), +1% from a year earlier and +6% from the quarter before.
Was Netscout Systems profitable in the second quarter fiscal 2027?
Operating profit was $37.6M (16.9% of revenue) and net earnings $34.4M.
Source: Netscout Systems 10-Q on SEC EDGAR.