NETSCOUT SYSTEMS INC
NTCTNasdaqTechnology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|---|
| Revenue | $859.5M | $822.7M | $829.5M | $914.5M | $855.6M | $831.3M |
| Operating income | $109.8M | −$367.6M | −$149.8M | $77.7M | $48.6M | $37.1M |
| Net income | $95.5M | −$366.9M | −$147.7M | $59.6M | $35.9M | $19.4M |
| Total assets | $2.35B | $2.19B | $2.60B | $2.82B | $3.19B | $3.09B |
| Total liabilities | $705.3M | $626.2M | $703.2M | $790.9M | $1.13B | $1.08B |
| Equity | $1.65B | $1.56B | $1.89B | $2.03B | $2.06B | $2.01B |
| EPS (diluted) | $1.30 | $-5.12 | $-2.07 | $0.82 | $0.48 | $0.26 |
| Shares out. | 71.5M | 71.3M | 71.4M | 71.3M | 74.1M | 73.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- 12.8%
- Net margin
- 11.1%
- Return on equity
- 5.8%
- Return on assets
- 4.1%
- Return on capital (ROCE)
- 5.8%
- Liabilities / assets
- 30.0%
- Debt / equity
- 0.43×
- Book value / share
- $23.07
- Revenue growth (YoY)
- 4.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- 3.95safe
- Accruals / assets
- −8.5%clean
- Beneish M-Score
- -2.99normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 6 good- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Legal & General Group PlcPassive (13G)May 8, 2026
- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Blackrock, Inc.Passive (13G)Oct 17, 2025
- Legal & General Investment Management LtdPassive (13G)Jul 9, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Szabados MichaelDirector | May 15, 2026 | Sell | 4,000 | $38.40 |
| Munshi SanjayOfficer — Chief Operating Officer | May 15, 2026 | Sell | 1,985 | $38.40 |
| Grasso AlfredDirector | May 12, 2026 | Sell | 5,000 | $40.67 |
| Singhal Anil KOfficer — President & CEO | May 6, 2026 | Option exercise | 10,800 | — |
| Piazza Anthony JohnOfficer — EVP & Chief Financial Officer | May 6, 2026 | Option exercise | 4,500 | — |
| Munshi SanjayOfficer — Chief Operating Officer | May 6, 2026 | Option exercise | 3,750 | — |
| Downing JohnOfficer — EVP, World-Wide Sales | May 6, 2026 | Option exercise | 5,400 | — |
| Downing JohnOfficer — EVP, World-Wide Sales | Feb 20, 2026 | Sell | 3,000 | $30.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.4M | 3.9 | -9.3% |
| Apr 30, 2026 | 2.7M | 5.3 | +9.1% |
| Apr 15, 2026 | 2.5M | 4.8 | +4.4% |
| Mar 31, 2026 | 2.4M | 2.9 | +13.3% |
| Mar 13, 2026 | 2.1M | 3.8 | +8.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 7, 2026
- Results of operationsFeb 5, 2026
- Results of operationsNov 6, 2025
- Director / officer change · Shareholder voteSep 12, 2025
- Results of operationsAug 7, 2025
- Results of operations · Director / officer changeMay 8, 2025
- Results of operationsJan 30, 2025
- Results of operationsOct 24, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 144Jun 1, 2026
- SDJun 1, 2026
- 144May 29, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 4PRIMARY DOCUMENTMay 29, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 4PRIMARY DOCUMENTMay 18, 2026
- 144May 15, 2026
- 144May 15, 2026
- 10-KMay 14, 2026
- 4PRIMARY DOCUMENTMay 14, 2026
- 144May 12, 2026
- 4PRIMARY DOCUMENTMay 8, 2026
Event-driven situations (1)
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