NTSK on Nasdaq
Netskope Inc
American prepackaged software services company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
68.1%Gross margin2
-92.0%Operating margin2
-95.8%Net margin2
31.7%Revenue growth, 20262
-349.2%Return on equity2
$15.2MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Indirect Channels brought in 95% of the revenue Netskope Inc broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2024 | 2025 | 2026 |
|---|---|---|---|
| Indirect Channels | $374.2M | $502.5M | $675.7M |
| Direct End Customers | $32.7M | $35.7M | $33.3M |
Regions
Americas brought in 39% of the revenue Netskope Inc broke down this way in fiscal 2026.
Regions by year
| Regions | 2024 | 2025 | 2026 |
|---|---|---|---|
| Americas | $246.2M | $306.8M | $400.5M |
| United States | $205.2M | $250.6M | $317.0M |
| EMEA | $88.4M | $130.3M | $177.1M |
| Asia Pacific And Japan | $72.3M | $101.2M | $131.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue30¢$226.3M
- Research and development68¢$509.0M
- Income tax2¢$11.3M
Out of $709.0M in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2026
- Capital spending60¢$22.9M
- Share buybacks1¢$565.0K
- Kept or used elsewhere38¢$14.6M
Out of $38.1M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-01-31 | 2025-01-31 | 2024-01-31 |
|---|---|---|---|
| Revenue | $709.0M | $538.3M | $406.9M |
| Cost of revenue | $226.3M | $190.4M | $163.6M |
| Gross profit | $482.7M | $347.9M | $243.2M |
| Sales and marketing | $393.7M | $280.8M | $263.1M |
| Research and development | $509.0M | $254.2M | $224.5M |
| General and administrative | $232.5M | $68.6M | $68.5M |
| Total operating expenses | $1.1B | $603.6M | $556.0M |
| Loss from operations | -$652.6M | -$255.7M | -$312.8M |
| Loss on changes in fair value of convertible notes | -$34.3M | -$98.6M | -$38.6M |
| Other income, net | $18.8M | $4.1M | $13.3M |
| Loss before provision for income taxes | -$668.1M | -$350.3M | -$338.1M |
| Provision for income taxes | $11.3M | $4.2M | $6.8M |
| Net loss | -$679.4M | -$354.5M | -$344.9M |
| Net loss per share attributable to common stockholders, basic | -$3.18 | -$3.64 | -$3.77 |
| Net loss per share attributable to common stockholders, diluted | -$3.18 | -$3.64 | -$3.77 |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, basic | 213.9M shares | 97.5M shares | 91.4M shares |
| Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted | 213.9M shares | 97.5M shares | 91.4M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $432.6M | $166.0M | ||
| Marketable securities | $725.6M | $80.7M | ||
| Accounts receivable, net | $158.3M | $195.1M | ||
| Inventories | $4.9M | $5.8M | ||
| Deferred contract acquisition costs | $54.0M | $42.9M | ||
| Prepaid expenses and other current assets | $73.6M | $38.0M | ||
| Total current assets | $1.4B | $528.4M | ||
| Property and equipment, net | $93.9M | $99.5M | ||
| Operating lease right-of-use assets | $32.1M | $34.6M | ||
| Intangible assets, net | $21.4M | $37.2M | ||
| Goodwill | $61.1M | $61.1M | $57.2M | |
| Deferred contract acquisition costs, noncurrent | $100.8M | $78.8M | ||
| Other assets, noncurrent | $14.1M | $18.9M | ||
| Total assets | $1.8B | $858.5M | ||
| Accounts payable | $14.4M | $2.7M | ||
| Accrued compensation and benefits | $99.9M | $62.8M | ||
| Deferred revenue | $532.7M | $430.2M | ||
| Operating lease liabilities, current | $10.8M | $10.3M | ||
| Accrued expenses and other current liabilities | $23.7M | $20.9M | ||
| Total current liabilities | $681.5M | $526.7M | ||
| Deferred revenue, noncurrent | $143.1M | $160.2M | ||
| Convertible notes | $721.0M | $626.6M | ||
| Operating lease liabilities, noncurrent | $23.4M | $25.8M | ||
| Other liabilities, noncurrent | $8.7M | $4.8M | ||
| Total liabilities | $1.6B | $1.3B | ||
| Additional paid-in capital | $2.9B | $418.8M | ||
| Accumulated other comprehensive loss | -$64.8M | -$5.4M | ||
| Accumulated deficit | -$2.6B | -$1.9B | ||
| Total stockholders' equity (deficit) | $194.5M | -$485.6M | -$256.8M | $27.8M |
| Total liabilities and stockholders' equity (deficit) | $1.8B | $858.5M | ||
| Preferred stock, shares authorized | 218.9M shares | |||
| Preferred stock, shares issued | 218.9M shares | |||
| Preferred stock, shares outstanding | 218.9M shares | |||
| Common stock, shares issued | 0 shares |
| Period ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $432.6M | $166.0M | ||
| Marketable securities | $725.6M | $80.7M | ||
| Accounts receivable, net | $158.3M | $195.1M | ||
| Inventories | $4.9M | $5.8M | ||
| Deferred contract acquisition costs | $54.0M | $42.9M | ||
| Prepaid expenses and other current assets | $73.6M | $38.0M | ||
| Total current assets | $1.4B | $528.4M | ||
| Property and equipment, net | $93.9M | $99.5M | ||
| Operating lease right-of-use assets | $32.1M | $34.6M | ||
| Intangible assets, net | $21.4M | $37.2M | ||
| Goodwill | $61.1M | $61.1M | $57.2M | |
| Deferred contract acquisition costs, noncurrent | $100.8M | $78.8M | ||
| Other assets, noncurrent | $14.1M | $18.9M | ||
| Total assets | $1.8B | $858.5M | ||
| Accounts payable | $14.4M | $2.7M | ||
| Accrued compensation and benefits | $99.9M | $62.8M | ||
| Deferred revenue | $532.7M | $430.2M | ||
| Operating lease liabilities, current | $10.8M | $10.3M | ||
| Accrued expenses and other current liabilities | $23.7M | $20.9M | ||
| Total current liabilities | $681.5M | $526.7M | ||
| Deferred revenue, noncurrent | $143.1M | $160.2M | ||
| Convertible notes | $721.0M | $626.6M | ||
| Operating lease liabilities, noncurrent | $23.4M | $25.8M | ||
| Other liabilities, noncurrent | $8.7M | $4.8M | ||
| Total liabilities | $1.6B | $1.3B | ||
| Additional paid-in capital | $2.9B | $418.8M | ||
| Accumulated other comprehensive loss | -$64.8M | -$5.4M | ||
| Accumulated deficit | -$2.6B | -$1.9B | ||
| Total stockholders' equity (deficit) | $194.5M | -$485.6M | -$256.8M | $27.8M |
| Total liabilities and stockholders' equity (deficit) | $1.8B | $858.5M | ||
| Preferred stock, shares authorized | 218.9M shares | |||
| Preferred stock, shares issued | 218.9M shares | |||
| Preferred stock, shares outstanding | 218.9M shares | |||
| Common stock, shares issued | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-01-31 | 2025-01-31 | 2024-01-31 |
|---|---|---|---|
| Net loss | -$679.4M | -$354.5M | -$344.9M |
| Stock-based compensation expense | $516.2M | $50.8M | $61.0M |
| Depreciation and amortization | $45.9M | $51.5M | $49.5M |
| Amortization of deferred contract acquisition costs | $54.2M | $45.3M | $34.2M |
| Non-cash operating lease expenses | $13.7M | $12.0M | $10.3M |
| (Accretion of discount) amortization of premium on investments | -$3.4M | -$2.0M | -$9.4M |
| Change in fair value of convertible notes | $34.3M | $98.6M | $38.6M |
| Deferred income tax benefit | -$2.3M | -$3.4M | -$2.4M |
| Other | $633.0K | $1.5M | $1.1M |
| Accounts receivable | $36.8M | -$81.1M | -$8.2M |
| Inventories | $529.0K | $686.0K | -$5.6M |
| Deferred contract acquisition costs | -$87.4M | -$66.2M | -$58.7M |
| Prepaid expenses and other current assets | -$28.2M | -$4.1M | -$7.9M |
| Other non-current assets | $7.1M | -$8.9M | -$981.0K |
| Accounts payable | $11.4M | -$4.1M | -$7.0M |
| Accrued compensation and benefits | $35.2M | $13.4M | $6.5M |
| Operating lease liabilities | -$13.1M | -$13.1M | -$11.3M |
| Accrued expenses and other current liabilities | $6.4M | -$741.0K | $2.6M |
| Deferred revenue | $85.6M | $152.9M | $83.7M |
| Other non-current liabilities | $3.9M | $797.0K | $1.7M |
| Net cash provided by (used in) operating activities | $38.1M | -$110.7M | -$167.2M |
| Purchases of property and equipment | -$22.9M | -$33.7M | -$30.6M |
| Capitalized internal-use software | -$2.8M | -$3.4M | -$7.2M |
| Purchases of intangible assets | $0 | -$3.3M | -$3.3M |
| Payments for business combination, net of cash acquired | $0 | -$2.5M | -$13.6M |
| Proceeds from disposal of fixed assets | $0 | $30.0K | $18.0K |
| Purchases of marketable securities | -$805.7M | -$104.5M | -$133.2M |
| Proceeds from maturities of marketable securities | $84.0M | $149.6M | $363.9M |
| Proceeds from sales of marketable securities | $80.5M | $0 | $985.0K |
| Net cash (used in) provided by investing activities | -$666.9M | $2.2M | $176.9M |
| Proceeds from issuance of common stock upon initial public offering, net of underwriting discount and commissions | $992.2M | $0 | $0 |
| Payments for deferred offering costs | -$6.3M | -$143.0K | $0 |
| Proceeds from issuance of common stock upon exercise of stock options | $35.3M | $35.6M | $10.2M |
| Proceeds from issuance of convertible senior notes, net of issuance cost | $0 | $74.4M | $0 |
| Cash received for tax withholding obligations upon settlement of equity awards | $37.4M | $0 | $0 |
| Payments for tax withholding obligations upon settlement of equity awards | -$159.3M | $0 | $0 |
| Payments for holdback consideration on business combination | -$3.3M | $0 | -$3.9M |
| Repurchase of common stock | -$565.0K | $0 | $0 |
| Net cash provided by financing activities | $895.4M | $109.9M | $6.3M |
| Net increase in cash, cash equivalents, and restricted cash | $266.6M | $1.4M | $16.1M |
| Cash paid for interest | $0 | $5.0K | $3.0K |
| Stock-based compensation capitalized in internal-use software | $253.0K | $93.0K | $453.0K |
| Property and equipment purchased but not yet paid | $1.3M | $474.0K | $1.9M |
| Vesting of early exercised stock options | $458.0K | $1.7M | $2.2M |
| Issuance of common stocks in connection with acquisitions | $0 | $18.1M | $0 |
| Conversion of preferred stock into common stock | $1.1B | $0 | $0 |
| Deferred offering costs accrued but not yet paid | $0 | $128.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Netskope Inc, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
- Chief executive officerSanjay Beri Sep 17, 2025 to now7
- ChairSanjay Beri Sep 17, 2025 to now7
- Chief financial officerMatto Andrew H. Del Sep 17, 2025 to now8
Board members and other officers (5)
- Chief Revenue OfficerRaphael Bousquet Sep 17, 2025 to now9
- Board memberArif Janmohamed Sep 17, 2025 to now10
- Board memberEnrique T. Salem Sep 17, 2025 to now11
- Board memberEric Wolford Sep 17, 2025 to now12
- Board memberKimberly Alexy Sep 17, 2025 to now13
Timeline
- Sep 17, 2025New chief executive Sanjay Beri becomes CEO7
Filings
135 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 6 major events, 78 insider forms, 22 large holders, 25 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 11, 2026144 EDGAR
- Sep 2, 202610-Q EDGAR
- Sep 2, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Jul 14, 20264 EDGAR
- Jul 14, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20263 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
The 135 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
33 open-market trades by officers, directors and large owners since October 2021: 9 buys and 24 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Lightspeed General Partner Select, L.P.10% owner | Sale | 10,621 | $14.90 | $158.3K | Form 4 |
| Sep 11, 2026 | Lightspeed SPV II-B, LLC10% owner | Sale | 10,621 | $14.90 | $158.3K | Form 4 |
| Jul 13, 2026 | Griffith William J.G.Director | Buy | 64,771 | $12.42 | $804.5K | Form 4 |
| Jul 13, 2026 | Makan Divesh10% owner | Buy | 64,771 | $12.42 | $804.5K | Form 4 |
| Jul 10, 2026 | Griffith William J.G.Director | Buy | 241,628 | $12.26 | $3.0M | Form 4 |
| Jul 10, 2026 | Makan Divesh10% owner | Buy | 241,628 | $12.26 | $3.0M | Form 4 |
| Jul 9, 2026 | Lightspeed Ultimate General Partner Select II, Ltd.10% owner | Sale | 219,075 | $12.23 | $2.7M | Form 4 |
| Jul 9, 2026 | Lightspeed Ultimate General Partner XII, Ltd.10% owner | Sale | 219,075 | $12.23 | $2.7M | Form 4 |
| Jul 8, 2026 | Lightspeed Ultimate General Partner Select II, Ltd.10% owner | Sale | 10,621 | $11.70 | $124.3K | Form 4 |
| Jul 8, 2026 | Lightspeed Ultimate General Partner XII, Ltd.10% owner | Sale | 10,621 | $11.70 | $124.3K | Form 4 |
| Jul 8, 2026 | Makan Divesh10% owner | Buy | 610,291 | $11.82 | $7.2M | Form 4 |
| Jul 8, 2026 | Griffith William J.G.Director | Buy | 610,291 | $11.82 | $7.2M | Form 4 |
| Jun 15, 2026 | Janmohamed ArifDirector | Sale | 336,173 | $9.00 | $3.0M | Form 4 |
| Jun 15, 2026 | Lightspeed Venture Partners Select II, L.P.10% owner | Sale | 336,173 | $9.00 | $3.0M | Form 4 |
| Jun 15, 2026 | Lightspeed General Partner XII, L.P.10% owner | Sale | 336,173 | $9.00 | $3.0M | Form 4 |
| Jun 12, 2026 | Janmohamed ArifDirector | Sale | 1,313,827 | $9.19 | $12.1M | Form 4 |
| Jun 12, 2026 | Lightspeed Venture Partners Select II, L.P.10% owner | Sale | 1,313,827 | $9.19 | $12.1M | Form 4 |
| Jun 12, 2026 | Lightspeed General Partner XII, L.P.10% owner | Sale | 1,313,827 | $9.19 | $12.1M | Form 4 |
| Jan 12, 2026 | Bousquet RaphaelChief Revenue Officer | Sale | 3,823 | $16.66 | $63.7K | Form 4 |
| Jan 9, 2026 | Bousquet RaphaelChief Revenue Officer | Sale | 3,192 | $16.38 | $52.3K | Form 4 |
All 33 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Lightspeed Venture Partners IX, L.P.SCHEDULE 13G/A, 2 filings Nov 14, 2025 to Aug 14, 202614
- Base Partners Consultoria de Investimentos E Negocios Ltda.SCHEDULE 13G/A, 2 filings Mar 17, 2026 to Jul 8, 202615
- CANADA PENSION PLAN INVESTMENT BOARDSCHEDULE 13G/A, 2 filings Mar 18, 2026 to May 15, 202616
- ICONIQ STRATEGIC PARTNERS II, L.P.SCHEDULE 13G/A, 2 filings Nov 14, 2025 to May 15, 202617
- SCGE Fund, L.P.SCHEDULE 13G/A, 2 filings Sep 24, 2025 to May 14, 202618
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Oct 31, 2025 to Mar 27, 202619
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G/A, 2 filings Nov 14, 2025 to Feb 17, 202620
- Sanjay BeriSCHEDULE 13G/A, 2 filings Nov 18, 2025 to Feb 13, 202621
- FMR LLCSCHEDULE 13G/A, 2 filings Nov 5, 2025 to Feb 5, 202622
- MFS Investment ManagementSCHEDULE 13G/A, 2 filings Nov 4, 2025 to Jan 28, 202623
- Accel XII L.P.SCHEDULE 13G, 1 filing Nov 13, 202524
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| ICONIQ Capital, LLC | 66,267,513 | $725.0M | 20.9% | No change |
| BlackRock, Inc. | 9,301,737 | $101.8M | 0.0% | +5,898,088 |
| Canada Pension Plan Investment Board | 8,960,263 | $98.0M | 0.1% | New |
| Vanguard Capital Management LLC | 7,644,168 | $83.6M | 0.0% | +5,136,089 |
| Vanguard Portfolio Management LLC | 7,319,472 | $80.1M | 0.0% | +4,461,185 |
| Sapphire Ventures, L.P. | 5,038,679 | $55.1M | 53.1% | −633,900 |
| Bamco Inc /ny/ | 4,567,336 | $50.0M | 0.1% | +743,258 |
| First Trust Advisors LP | 4,235,756 | $46.3M | 0.0% | +4,225,414 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 4,122,436 | $45.1M | 0.1% | +2,956,301 |
| Citigroup Inc | 3,930,520 | $43.0M | 0.0% | +3,894,784 |
| Voya Investment Management LLC | 3,642,763 | $39.9M | 0.0% | +765,941 |
| Millennium Management LLC | 3,517,244 | $38.5M | 0.0% | +770,289 |
| Public Sector Pension Investment Board | 3,448,079 | $37.7M | 0.1% | −22,986 |
| Crosslink Capital Inc | 3,345,759 | $36.6M | 2.7% | +3,270,699 |
| TimesSquare Capital Management, LLC | 3,059,593 | $33.5M | 0.5% | −235,394 |
| Bnp Paribas Financial Markets | 2,766,449 | $30.3M | 0.0% | +779,867 |
| Jacobs Levy Equity Management, Inc | 2,456,983 | $26.9M | 0.1% | +1,451,723 |
| Principal Financial Group Inc | 2,435,061 | $26.6M | 0.0% | −112,407 |
| Geode Capital Management, LLC | 2,301,207 | $25.2M | 0.0% | +1,292,007 |
| Wasatch Advisors LP | 2,294,959 | $25.1M | 0.2% | New |
| Clearbridge Investments, LLC | 2,249,303 | $24.6M | 0.0% | +6,430 |
| Healthcare Of Ontario Pension Plan Trust Fund | 1,795,000 | $19.6M | 0.0% | New |
| State Street Corp | 1,462,376 | $16.0M | 0.0% | +730,585 |
| Morgan Stanley | 1,432,894 | $15.7M | 0.0% | −398,222 |
| Renaissance Technologies LLC | 1,166,000 | $12.8M | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARNetskope Inc filings on SEC EDGAR
- 2SEC EDGARNetskope Inc 10-K for fiscal 2026
- 3SEC EDGARNetskope Inc filings on SEC EDGAR
- 4SEC EDGARNetskope Inc 10-Q for fiscal 2025
- 5SEC EDGARNetskope Inc 10-Q for fiscal 2025
- 6SEC EDGARNetskope Inc 10-Q for fiscal 2026
- 7SEC EDGARSanjay Beri, Chief executive officer
- 8
- 9
- 10SEC EDGARArif Janmohamed, Board member
- 11SEC EDGAREnrique T. Salem, Board member
- 12SEC EDGAREric Wolford, Board member
- 13SEC EDGARKimberly Alexy, Board member
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