Netskope
Unifies cloud security and networking over the NewEdge private cloud.
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Profile
Provides Netskope One, a cloud-native security, networking, and analytics platform for enterprise cloud and AI use. Its single reportable business depends on NewEdge's globally distributed private cloud to deliver policy controls and in-region processing.
Delivers the Netskope One cloud-native platform, which combines security, networking, and analytics for enterprise use across cloud, AI, SaaS, web, and private applications. Policy controls use contextual intelligence to protect data, address threats, support compliance, and improve the digital experience.
NewEdge is the private cloud underpinning the platform, providing edge compute and in-region processing for its products across a globally distributed network. The business is reported as one operating segment, rather than separate security and networking segments. Its architecture depends on NewEdge's network and processing footprint to deliver converged services.
Company facts
Categories
Key statistics
Year to date −10.7% · Average volume (30d) 4.1M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | KeyBanc | Reiterate | Overweight | $16 | $17.50 | |
| Aug 19, 2026 | Oppenheimer | Reiterate | Outperform | $16 | $19 | |
| Aug 19, 2026 | Mizuho Securities | Target | $13 | $16 | ||
| Aug 17, 2026 | Wells Fargo | Reiterate | Overweight | $28 | $17 | |
| Aug 17, 2026 | Deutsche Bank | Downgrade | Buy | Hold | $26 | $17 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 3, 2026Q1 FY26 | −$0.07 | −$0.06 | +14.6% | $198.2M | $201.6M | +1.7% | −19.11% |
| Mar 11, 2026Q4 FY25 | −$0.06 | −$0.04 | +33.3% | $189.4M | $196.3M | +3.6% | −21.27% |
| Dec 11, 2025Q3 FY25 | −$0.25 | −$0.10 | +60.3% | $175.8M | $184.2M | +4.7% | −11.83% |
| Aug 22, 2025Q2 FY25 | — | −$0.72 | — | — | $170.8M | — | — |
Financial highlights
| 10 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $148.5M | $157.7M | $170.8M | $184.2M | $196.3M | $201.6M | |
| Gross profit | $99.3M | $109.5M | $123.2M | $106.6M | $143.3M | $148.3M | |
| Operating income | −$41.2M | −$45.4M | −$46.0M | −$447.0M | −$114.3M | −$108.7M | |
| Net income | −$77.0M | −$79.2M | −$90.3M | −$453.1M | −$56.8M | −$116.5M | |
| Diluted EPS | −$0.20 | −$0.21 | −$0.24 | −$1.19 | −$0.14 | −$0.29 | |
| Gross margin | 66.9% | 69.4% | 72.2% | 57.9% | 73.0% | 73.5% | |
| Operating margin | -27.7% | -28.8% | -26.9% | -242.7% | -58.2% | -53.9% |
Fiscal years (4-quarter sums)FY24 $538.3M · FY25 $709.0M
Revenue by geography · Q1 FY26
Balance sheet, Apr 30, 2026Cash & short-term investments $1.10B · Total debt $746.6M · Total assets $1.69B · Shareholders' equity $175.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 403.92M · Float 390.22M · 96.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Iconiq Capital, LLC | 66.27M | 16.41% | 13F | Aug 13, 2026 |
| Sanjay Beri · director, officer: CEO and Chairman | 24.63M | 6.10% | Form 4 | Jul 6, 2026 |
| Lightspeed Venture Partners IX, L.P. | 20.23M | 29.70% | 13G | Nov 14, 2025 |
| BlackRock, Inc. | 9.30M | 2.30% | 13F | Aug 7, 2026 |
| Canada Pension Plan Investment Board | 8.96M | 2.22% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 10, 2026 | ICONIQ Strategic Partners VIII Holdings, L.P. | 10 percent owner | +241,628 | $12.26 |
| Jul 13, 2026 | ICONIQ Strategic Partners VIII Holdings, L.P. | 10 percent owner | +64,771 | $12.42 |
| Jul 10, 2026 | William J.G. Griffith | director, 10 percent owner: | +241,628 | $12.26 |
| Jul 13, 2026 | William J.G. Griffith | director, 10 percent owner: | +64,771 | $12.42 |
| Jul 8, 2026 | William J.G. Griffith | director, 10 percent owner: | +610,291 | $11.82 |
Peers
- Zscaler
Cloud-delivered zero-trust platform for enterprise access and data protection
- Palo Alto Networks
AI-powered SASE spanning users, applications, data, and devices
- Cloudflare
Global-edge SASE platform for workforce, app, network, and AI security
- Cisco Systems
Cloud-native SSE and SASE security for hybrid-workforce access
- Fortinet
Cybersecurity platform combining networking and security services
- Check Point Software Technologies
Hybrid SASE combining secure internet access, ZTNA, SaaS security, and SD-WAN
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Netskope | $15.05 | −0.30% | $6.10B | — | — | 8.1 | +27.8% |
| Zscaler | $184.45 | +0.15% | $29.79B | — | 41.4 | 9.4 | +25.4% |
| Palo Alto Networks | $372.18 | +0.16% | $302.85B | 323.1 | 94.9 | 28.6 | +31.2% |
| Cloudflare | $301.61 | +0.66% | $106.39B | — | 203.4 | 42.3 | +35.9% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Fortinet | $165.78 | −0.16% | $121.80B | 58.5 | 47.4 | 16.2 | +25.6% |
| Check Point Software Technologies | $138.15 | −0.17% | $14.12B | 14.2 | 12.8 | 5.1 | +1.3% |
| Median | 45.7 | 44.4 | 12.8 | +25.5% |








