NetScout Systems, Inc. reported a total revenue of $859.5 million for the fiscal year ending March 31, 2026, marking a 4% increase from $822.7 million in the previous fiscal year. This growth was driven by a 6% rise in service revenue, attributed to increased demand for service assurance and cybersecurity solutions among enterprise and service provider customers. The company's gross profit margin improved to 79%, up from 78% in the prior year, primarily due to a favorable product mix that included a higher proportion of software licensing.
The company experienced a significant turnaround in profitability, achieving a net income of $95.5 million compared to a net loss of $366.9 million in the previous year. This improvement was largely due to the absence of goodwill impairment charges, which had totaled $427 million in fiscal 2025. Additionally, the company reported a decrease in restructuring charges and interest expenses, contributing to the overall positive financial performance.
In terms of strategic developments, NetScout completed the acquisition of DigiCert, Inc.'s DDoS protection business for $55 million on May 1, 2026. This acquisition is expected to enhance NetScout's cybersecurity offerings and expand its market presence. The company also continued to invest in product innovation and development, with a focus on integrating artificial intelligence and enhancing its service assurance and cybersecurity solutions.
Operationally, NetScout reported a total employee count of 2,073 as of March 31, 2026, with a significant portion of its workforce based in the United States. The company’s international revenue increased by 8%, indicating successful geographic expansion, while U.S. revenue grew by 2%. The total backlog of orders at the end of the fiscal year was $50.8 million, up from $33.1 million the previous year, reflecting strong demand and customer engagement.
Looking ahead, NetScout remains optimistic about its growth prospects, emphasizing its commitment to driving product innovation and expanding its market share. The company plans to leverage its strong cash position, with $705.1 million in cash, cash equivalents, and marketable securities, to fund future investments and navigate potential macroeconomic challenges. The management anticipates continued revenue growth driven by the increasing demand for its service assurance and cybersecurity solutions, particularly as enterprises continue to adapt to evolving digital transformation initiatives.
About NETSCOUT SYSTEMS INC
Netscout Systems, Inc. provides service assurance and cybersecurity solutions based on deep packet inspection technology. Its offerings include network performance management, application visibility, and threat detection for enterprise, government, and service provider markets. The company helps clients optimize network performance, ensure service quality, and defend against cyber threats, leveraging scalable, flexible hardware, software, and SaaS products to address evolving digital and security challenges.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.