Netskope(NASDAQ) NTSK

Netskope helps businesses keep their data safe when they use the cloud. It stops cyber threats for companies that work with online apps and artificial intelligence. This protection helps employees stay productive and secure from any location.

What's in the Toolbox?

• Netskope One: Unified cloud-native platform for data protection and secure access; accounts for 99% of revenue when combined with related support services.
• NewEdge Network: Private cloud infrastructure that makes security faster and more reliable globally.
• Threat Prevention: Tools that stop digital attacks on hybrid and artificial intelligence (AI) workloads.
• Data Protection: Services that find and guard sensitive information across web and cloud applications.

Scaling the Cloud

• Achieved U.S. Federal Risk and Authorization Management Program (FedRAMP) High Authorization to sell into the federal government market.
• Completed an initial public offering in September 2025, listing on the Nasdaq Global Select Market.
• Expanded the NewEdge network to include data centers in more than 80 unique regions and 200 localization zones.
• Adopted the 2025 Equity Incentive Plan in September 2025 to attract and retain skilled personnel.

A Private Path to Safety

Netskope operates a global private cloud network that bypasses the public internet for better speed and security. Its platform uses patented technology to create specific security rules based on how users interact with data.

Tracking the Trajectory

• Revenue reached $201.6 million in Q1 2026, up 27.8% from the same period in 2025.
• Gross profit was $148.3 million in Q1 2026, up 35.4% year-over-year.
• Operating loss deepened to $108.7 million in Q1 2026, worsened from $45.4 million in Q1 2025.
• Free cash flow turned negative at -$56.1 million in Q1 2026, worsened from $17.5 million in Q1 2025.
• Market capitalization was $4 billion in Q1 2026, down 53.6% from $8.6 billion the previous year.

Bottom Line

Netskope has transitioned from a private startup to a public entity focused on converged security and networking. The company is prioritizing infrastructure investment and market expansion over immediate profitability.