NTSK
Netskope, Inc.20.04
+0.99+5.2%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
7.88BP/E (TTM)
-Basic EPS (TTM)
-3.06Dividend Yield
0%Recent Filings
8-K
Q3 revenue up 33% to $184M
10-Q
Q1 FY2026 results
Netskope grew revenue 33% y/y to $184.2M in Q1 FY2026 ended October 31, 2025, while gross margin slipped to 58% from 66% on higher cost of revenue. Operating loss widened to $447M from $54M, driven by $410M stock-based comp tied to its September IPO; net loss hit $453M or $(1.85) per share on 245M diluted shares, versus $(0.72) prior year—fair-value loss on convertible notes added $8M drag beyond operating. Cash soared to $985M post-IPO, with $20M YTD operating cash flow; free cash flow $8M (derived). Convertible notes fair value $780M due 2028-2029. Channel partners drive 95% sales. Competition from Palo Alto, Zscaler presses pricing.
8-K
IPO closes, stock reclassified
Netskope closed its IPO on September 19, 2025, triggering a reclassification of common stock to Class B shares and supplemental indentures for its 3.75% 2028 Notes and 3.00% 2029 Notes. These updates set initial public conversion rates at 42.1046 Class B shares per $1,000 for 2028 Notes ($23.7504 price) and 40.4859 for 2029 Notes ($24.7000 price). Holders notified September 23.
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