NASDAQ$NTSK

Netskope, Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close

Briefing

Netskope reported fiscal Q3 2026 revenue of $184.2M with a net loss of $453.1M and diluted EPS of $(1.85).

Third-quarter revenue was $184.2 million while the company reported a large GAAP net loss of $453.1 million and diluted loss per share of $1.85, reflecting stock-based compensation and recent IPO-related items. Subscription revenue growth and SASE platform adoption were discussed.

  • Q3 revenue $184.2M.
  • GAAP net loss $(453.1)M; EPS $(1.85).
  • SASE and zero-trust demand trends cited.
  • Path to profitability and SBC remain investor focus.

Headline financials

Total Revenue

$184M

No prior period
EPS (adj)

-$1.85

No prior period
Annual Recurring Revenue

$754M

No prior period
Remaining Performance Obligations

$1B

No prior period
Operating Cash Flow Margin

6.0%

No prior period
Free Cash Flow Margin

6.0%

No prior period
GAAP Gross Margin

58.0%

No prior period
Non-GAAP Gross Margin

75.0%

No prior period
Non-GAAP Operating Margin

-15.0%

No prior period
Capital Expenditures

-$9.56M

No prior period
Free Cash Flow

-$463M

No prior period
Net Income

-$453M

No prior period
Operating Income

-$447M

No prior period
Gross Profit

$107M

No prior period
Cash & Equivalents

$985M

No prior period
Total Assets

$1.72B

No prior period

Revenue & EPS history

Netskope, Inc · Revenue · Quarterly

$184M

Q3 2025
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Forward guidance

The release discusses Netskope's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Netskope cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.
  • Cloud and subscription revenue growth support recurring revenue visibility.

Headwinds

  • GAAP profitability remained under pressure in Q3 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • SBC, capEx, and competitive pricing can pressure GAAP profitability.

Historical earnings impact

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

Avg. return before/after earnings

Based on 1 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-15.4%

Avg return

Earnings day

-24.3%

Avg return

5 days after

-29.2%

Avg return

30 days after

0%

0 / 2 earnings

Positive

-11.8%

Q3 2025

Best reaction

-18.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-18.9%-27.4%
Q3 2025-11.8%-21.3%-29.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro