NASDAQ$NTCT

NetScout Systems Inc. · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

NETSCOUT reported fiscal Q4 2026 revenue of $203.0M and GAAP net income of $18.2M ($0.25 diluted EPS).

NETSCOUT reported fiscal fourth quarter 2026 revenue of $203.0 million versus $205.0 million, with product revenue of $80.7 million and service revenue of $122.3 million. GAAP net income was $18.2 million, or $0.25 per diluted share; non-GAAP net income was $38.5 million, or $0.52 per share. Full-year fiscal 2026 revenue was $859.5 million with GAAP net income of $95.5 million.

  • Q4 revenue $203.0M; service revenue 60% of mix.
  • GAAP EPS $0.25; non-GAAP EPS $0.52.
  • FY26 revenue $859.5M (+4.5% YoY).
  • Product backlog ~$50M including $45.8M fulfillable.
  • DigiCert DDoS acquisition closed May 2026 (~$20M annualized revenue).

Headline financials

Total Revenue

$203M

Previous: $205M-1.0%
EPS (adj)

$0.52

Previous: $0.52+0.0%
Net Income

$18.2M

Previous: $18.6M-2.2%
Operating Income

$19.6M

Previous: $19.9M-1.4%

Revenue & EPS history

NetScout · Revenue · Quarterly

$203M

Q4 2026-1%vs Q4 2025
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

NetScout · $197M total across 2 segments · Q2 2024

  • Service
    $116M-0.0%
  • Product
    $80.5M-28.0%

Forward guidance

For fiscal 2027 NETSCOUT expects revenue of $885–915M (midpoint +4.7% YoY), GAAP diluted EPS $1.55–1.70, and non-GAAP diluted EPS $2.65–2.80 (+9.9% at midpoint), including the DigiCert DDoS business.

Tailwinds

  • FY27 revenue and non-GAAP EPS growth guided.
  • Accretive DDoS acquisition adds ~$20M annualized revenue.
  • Cybersecurity and observability demand for AI networks.
  • $705M cash and no revolver borrowings.

Headwinds

  • Q4 revenue slightly down YoY; product mix shift.
  • Non-GAAP margins below prior Q4 on mix.
  • Macro and federal spending uncertainty.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2026

Historical avgQ4 2026

+0.9%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+2.2%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+18.0%

Q1 2013

Best reaction

-23.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+7.7%+7.5%+14.3%
Q3 2026-4.8%-0.1%+4.9%
Q2 2026+7.1%+3.6%-1.5%
Q4 2025+1.7%+8.5%+9.9%
Q3 2025+12.1%+8.0%+0.6%
Q2 2025-1.2%+1.5%+4.4%
Q1 2025+9.8%+10.0%+15.5%
Q4 2024+1.0%+1.4%-6.8%
Q3 2024+3.7%-0.4%+0.0%
Q2 2024-0.5%-3.0%-5.7%
Q1 2024-6.0%-3.8%-4.0%
Q4 2023+13.7%+11.4%+20.2%
Q3 2023+0.7%+1.4%-9.5%
Q2 2023+0.6%+1.4%+6.2%
Q1 2023-4.2%-4.6%-12.8%
Q4 2022+3.8%+6.9%+13.7%
Q3 2022+6.0%+7.7%+6.9%
Q2 2022+2.7%-1.8%-10.3%
Q1 2022-0.8%-2.6%-3.2%
Q4 2021+2.9%+3.1%+15.6%
Q3 2021-3.4%-2.3%-6.7%
Q2 2021-2.8%-2.4%+13.7%
Q1 2021-5.7%-7.7%-13.4%
Q4 2020+0.3%-10.3%+5.9%
Q3 2020+4.7%+9.0%+4.6%
Q2 2020+11.2%+12.0%+13.6%
Q1 2020-11.4%-13.0%-14.9%
Q4 2019-1.1%-5.1%-15.9%
Q3 2019+0.0%+1.0%+5.0%
Q2 2019+14.8%+10.9%+6.0%
Q1 2019-10.6%-12.4%-15.8%
Q4 2018-1.3%+4.1%-0.4%
Q3 2018+9.2%+7.1%+0.6%
Q2 2018-7.1%-6.0%+1.8%
Q1 2018+3.3%+3.3%-3.0%
Q4 2017-6.6%-5.8%+2.2%
Q3 2017+4.0%+9.2%+17.2%
Q2 2017-5.7%-6.2%+11.0%
Q1 2017+9.6%+6.8%+16.7%
Q4 2016+2.8%
Q3 2016-23.0%
Q2 2016-8.7%
Q1 2016+6.7%
Q4 2015+0.2%
Q3 2015+4.1%
Q2 2015-0.4%
Q1 2015-0.2%
Q4 2014-0.3%
Q3 2014+11.8%
Q2 2014+14.8%
Q1 2014+0.2%
Q4 2013+3.1%
Q3 2013-7.0%
Q2 2013+6.6%
Q1 2013+18.0%
Q4 2010+3.2%
Q4 2012+3.2%
Q3 2011+3.1%
Q3 2012+3.1%
Q2 2012-3.9%
Q2 2011-3.9%
Q4 2011-10.9%
Q1 2011-10.9%
Q1 2012-10.9%

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