Filing Flows › Netscout Systems (NTCT) › Q4 FY26
Netscout Systems (NTCT) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 14, 2026
Netscout Systems (NTCT) reported revenue of $203M for the fourth quarter fiscal 2026 (Q4 FY26), -1% from a year earlier and -19% from the quarter before. Operating margin was 9.6%, net earnings $18.2M (9.0% of revenue).
Netscout Systems, Q4 FY26: revenue $203M (-1% year over year), operating margin 9.6%, net earnings $18.2M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $203M | -19% | -1% |
| Gross profit | $159M | -22% | -0.1% |
| Operating profit | $19.6M | -70% | -1% |
| Net earnings | $18.2M | -67% | -2% |
| Operating cash flow | $152M | +145% | +8% |
| Free cash flow | $150M | +153% | +7% |
What changed
Revenue was $203.0M in Q4 FY26, down 1% year over year and down 19% from the previous quarter. Service was the largest line at 60% of revenue.
Gross margin was 78.4%, up 0.7 points from Q4 FY25. Operating profit was $19.6M, a 9.6% margin (down 0.1 points year over year). Operating expenses grew 0% against a revenue fall of 1%. Net earnings were $18.2M, down 2% year over year. The effective tax rate was 21.9%.
Operating cash flow was $152.3M (up 8% year over year), 835% of net earnings. Non-cash charges added back $14.2M of depreciation and amortization and $12.6M of share-based compensation. Working capital and other items added $107.2M. Capital expenditures of $2.2M left free cash flow of $150.1M.
Questions
What was Netscout Systems' revenue in the fourth quarter fiscal 2026?
Netscout Systems (NTCT) reported revenue of $203M for the fourth quarter fiscal 2026 (Q4 FY26), -1% from a year earlier and -19% from the quarter before.
Was Netscout Systems profitable in the fourth quarter fiscal 2026?
Operating profit was $19.6M (9.6% of revenue) and net earnings $18.2M.
Source: Netscout Systems 10-K on SEC EDGAR.