NetScout Systems, Inc.
Description
NetScout Systems, Inc. provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules to analyze and troubleshoot traffic in radio access and Wi-Fi networks. It also provides nGeniusPULSE, an active testing tool to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic. In addition, the company offers ISNG platform for real-time collection and analysis of information-rich, high-volume packet-flow data from across the network that is displayed through the nGeniusONE Service Assurance Solution; vSTREAM, a virtualized form factor version of its intelligent data source; packet flow systems, including the nGeniusONE Service Assurance platform; and test access points. Further, it provides cybersecurity solutions to protect networks against distributed denial of service attacks under the Arbor brand, such as Arbor Sightline, Arbor Threat Mitigation System, Arbor Insight, Arbor Edge Defense, and Arbor Cloud; and advanced threat detection solutions, such as Omnis Cyber Investigator. It serves enterprise customers in various industries, including financial services, technology, manufacturing, healthcare, utilities, education, transportation, and retail; mobile operators, wireline operators, cable operators, Internet service providers, and cloud providers; and governmental agencies through a direct sales force, and indirect reseller and distribution channels. The company was incorporated in 1984 and is headquartered in Westford, Massachusetts.
About
CEO
Mr. Anil K. Singhal
Employees
2,273
Instrument type
Common Stock
Sector
Technology
Industry
Software - Infrastructure
MIC code
XNGS
Address
310 Littleton Road, Westford, MA 01886-4105, United States
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Oscillators
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Summary
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 22, 2025 | — | — | — | — |
| Jul 23, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Jan 30, 2025 | 0.72 | 0.94 | 0.22 | 30.56% |
| Oct 24, 2024 | 0.45 | 0.47 | 0.02 | 4.44% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Mar 2025)
|
Next Year
(Mar 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 1 | 1 | 2 | 2 |
| Average estimate | 0.50 | 0.37 | 2.19 | 2.21 |
| Low estimate | 0.50 | 0.37 | 2.18 | 2.20 |
| High estimate | 0.50 | 0.37 | 2.19 | 2.22 |
| Last year EPS | 0.55 | 0.28 | 2.20 | 2.19 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-9.090%
Next qtr. (Jun 2025)
32.140%
Current year (Mar 2025)
-0.680%
Next year (Mar 2026)
1.140%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total reported revenue | 829.46M | 914.53M | 855.58M | 831.28M | 891.82M |
| Cost of revenue | 187.41M | 223.10M | 214.19M | 222.10M | 242.19M |
| Gross profit | 642.04M | 691.43M | 641.39M | 609.19M | 649.63M |
| Operating expense | |||||
| Research & development | 161.21M | 176.17M | 171.13M | 179.16M | 188.29M |
| Selling general and admin | 366.87M | 380.42M | 361.88M | 331.70M | 376.52M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 63.63M | 79.45M | 48.63M | 37.19M | 20.31M |
| Non operating interest income | |||||
| Income | 9.60M | 4.92M | 297,000 | 646,000 | 4.53M |
| Expense | 8.65M | 10.25M | 8.05M | 10.88M | 20.60M |
| Other income expense | -209.09M | -5.71M | 2.01M | -4.66M | -2.32M |
| Pretax income | -144.51M | 68.42M | 42.89M | 22.30M | 1.92M |
| Tax provision | 3.22M | 8.77M | 7.02M | 2.95M | 4.68M |
| Net income | -147.73M | 59.65M | 35.87M | 19.35M | -2.75M |
| Basic EPS | -2.07 | 0.83 | 0.50 | 0.26 | -0.04 |
| Diluted EPS | -2.07 | 0.82 | 0.49 | 0.26 | -0.04 |
| Basic average shares | 71.47M | 71.78M | 74.02M | 73.10M | 75.16M |
| Diluted average shares | 71.47M | 71.78M | 74.02M | 73.10M | 75.16M |
| EBITDA | 152.58M | 166.36M | 146.72M | 139.07M | 141.30M |
| Net income from continuing op. | -147.73M | 59.65M | 35.87M | 19.35M | -2.75M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total assets | 2.60B | 2.82B | 3.19B | 3.09B | 3.12B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 389.67M | 386.79M | 636.16M | 467.18M | 338.49M |
| Other short term investments | 33.46M | 32.20M | 67.04M | 9.28M | 47.97M |
| Accounts receivable | 192.10M | 143.86M | 148.25M | 197.72M | 213.51M |
| Other receivables | — | — | — | — | — |
| Inventory | 12.88M | 17.55M | 21.24M | 19.37M | 21.51M |
| Prepaid assets | 11.08M | 2.24M | 9.35M | 1.91M | 13.51M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 32.09M | 34.32M | 32.93M | 23.58M | 24.04M |
| Non current assets | |||||
| Properties | 62.64M | 70.19M | 73.25M | 79.48M | 88.21M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 197.38M | 201.95M | 194.93M | 186.84M | 180.08M |
| Construction in progress | — | — | — | — | — |
| Leases | 52.12M | 54.86M | 54.44M | 53.98M | 51.91M |
| Accumulated depreciation | -243.17M | -240.82M | -226.29M | -210.31M | -193.90M |
| Goodwill | 3.31B | 3.82B | 3.88B | 3.95B | 4.03B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 308.66M | 366.59M | 433.42M | 511.87M | 582.18M |
| Investments and advances | 994,000 | 8.94M | — | — | 2.61M |
| Other non current assets | 41.36M | 17.07M | 19.86M | 23.16M | 23.99M |
| Total liabilities | 703.24M | 790.91M | 1.13B | 1.08B | 1.18B |
| Current liabilities | |||||
| Accounts payable | 14.51M | 16.47M | 21.96M | 17.96M | 20.00M |
| Accrued expenses | 14.67M | 26.28M | 32.06M | 21.13M | 21.84M |
| Short term debt | 11.98M | 11.65M | 11.41M | 12.35M | 10.34M |
| Deferred revenue | 301.81M | 311.53M | 330.59M | 269.75M | 270.28M |
| Tax payable | 764,000 | 4.39M | 4.35M | 7.03M | 903,000 |
| Pensions | 51.36M | 83.28M | 75.79M | 83.06M | 75.63M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 138.10M | 148.82M | 403.93M | 411.27M | 520.66M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 4.37M | 24.94M | 78.90M | 92.29M | 114.39M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 7.06M | 7.68M | 7.47M | 21.64M | 10.04M |
| Shareholders equity | |||||
| Common stock | 131,000 | 128,000 | 126,000 | 124,000 | 122,000 |
| Retained earnings | 322.48M | 470.21M | 410.57M | 374.69M | 355.34M |
| Other shareholders equity | 3.57M | 5.74M | 141,000 | -1.94M | -3.16M |
| Total shareholders equity | 1.89B | 2.03B | 2.06B | 2.01B | 1.94B |
| Additional paid in capital | 3.18B | 3.10B | 3.02B | 2.96B | 2.89B |
| Treasury stock | 1.62B | 1.55B | 1.37B | 1.32B | 1.31B |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -147.73M | 59.65M | 35.87M | 19.35M | -2.75M | -73.32M | 79.81M | 33.29M | -28.37M | 61.19M | 49.11M | 40.61M | 32.43M | 37.27M | 27.92M | 20.05M | -2.09M | 7.74M | 5.80M | 2.87M | -545,000 | -2.54M | -11.41M | 3.71M | 15.21M | 10.30M |
| Depreciation | 74.99M | 85.92M | 95.78M | 105.83M | 116.10M | 137.88M | 153.50M | 160.86M | 140.07M | 19.71M | 18.26M | 17.46M | 16.64M | 13.88M | 14.36M | 13.81M | 9.12M | 3.70M | 3.64M | 3.38M | 3.88M | 4.90M | 14.94M | 11.99M | 2.94M | 2.10M |
| Deferred Taxes | -45.95M | -54.03M | -12.68M | -23.80M | -9.82M | -33.44M | -127.78M | -11.01M | -42.12M | 2.74M | 5.21M | 3.91M | 5.44M | 3.46M | 5.19M | 8.23M | -1.81M | -132,000 | 2.38M | 219,000 | -261,000 | -166,000 | -1.73M | -21,000 | -104,000 | 100,000 |
| Stock-Based Compensation | 70.80M | 61.99M | 56.07M | 51.89M | 50.86M | 56.33M | 47.32M | 39.19M | 28.35M | 16.58M | 12.93M | 9.59M | 8.65M | 6.44M | 5.46M | 5.12M | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 5.08M | 10.60M | 9.44M | 9.81M | 11.11M | 1.45M | 171,000 | 42,000 | 6.45M | 311,000 | -238,000 | 726,000 | 53,000 | — | 309,000 | 300,000 | 2.39M | 2.36M | — | — | — | — | — | — | — | -100,000 |
| Accounts Receivable | -48.38M | 4.90M | 49.32M | 16.88M | 21.47M | -22.01M | 85.40M | -23.03M | -41.74M | -21.80M | 13.45M | 82,000 | -4.00M | 2.76M | -25.73M | -7.78M | 2.78M | -1.22M | -4.47M | -332,000 | 722,000 | 1.03M | -1.18M | -150,000 | -3.84M | -2.20M |
| Accounts Payable | -1.86M | -5.55M | 4.21M | -1.73M | -4.29M | -3.88M | -8.93M | 405,000 | 2.33M | 1.36M | 1.50M | -2.35M | -2.20M | 2.58M | -238,000 | -2.82M | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -18.53M | -25.52M | 71.08M | -14.66M | -3.41M | 20.45M | -7.13M | 45.53M | 31.17M | 16.17M | 6.12M | 9.03M | 9.81M | -3.16M | 20.40M | 3.19M | 30.47M | 1.93M | 6.81M | 5.26M | 1.02M | -926,000 | 12.18M | -1.80M | 1.74M | 1.20M |
| Operating Cash Flow | -111.58M | 137.95M | 309.11M | 163.56M | 179.28M | 83.45M | 222.35M | 245.29M | 96.14M | 96.25M | 106.34M | 79.06M | 66.82M | 63.22M | 47.66M | 40.09M | 40.86M | 14.37M | 14.16M | 11.40M | 4.81M | 2.29M | 12.80M | 13.73M | 15.94M | 11.40M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -6.34M | -10.49M | -10.35M | -11.99M | -19.92M | -23.39M | -15.91M | -29.70M | -24.78M | -12.81M | -13.07M | -11.67M | -11.09M | -7.49M | -6.81M | -4.97M | -5.37M | -3.67M | -4.89M | -3.42M | -3.05M | -2.12M | -6.22M | -4.88M | -4.42M | -2.50M |
| Net Intangibles | — | -161,000 | -50,000 | -4.54M | — | — | -544,000 | -1.03M | -3.96M | -174,000 | -1.09M | -277,000 | -200,000 | — | -408,000 | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | 7.77M | — | — | — | -11.30M | -3.29M | -8.33M | 8.26M | 37.01M | — | — | -51.27M | -46.72M | — | — | — | -30.94M | — | -9.46M | — | — | — | — | -23.25M | — | — |
| Purchase of Investments | -52.77M | -114.51M | -78.37M | -15.67M | -117.38M | -229.77M | -114.18M | -199.84M | -100.28M | -133.21M | -128.12M | -121.13M | -117.68M | -153.90M | -92.92M | -30.33M | -32.50M | -104.18M | -73.30M | -68.57M | -129.22M | -96.23M | -88.01M | -18.58M | -23.81M | — |
| Sale of Investments | 64.73M | 140.46M | 20.57M | 56.81M | 144.32M | 230.43M | 196.04M | 181.32M | 118.88M | 89.95M | 65.57M | 163.42M | 184.90M | 101.43M | 39.06M | 17.45M | 69.28M | 48.86M | 74.32M | 98.11M | 100.23M | 118.72M | 43.09M | 40.38M | 2.00M | 8.80M |
| Investing Cash Flow | 13.36M | 15.47M | -68.30M | 29.24M | -4.31M | -26.12M | 57.81M | -39.17M | 30.68M | -56.01M | -75.50M | -21.47M | 9.41M | -59.96M | -60.67M | -17.84M | 466,000 | -59.00M | -13.34M | 26.11M | -33.37M | 20.37M | -51.14M | -6.32M | -24.22M | 6.30M |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | 350.00M | — | — | — | 294.62M | — | 294.62M | — | — | — | 60.69M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | -250.00M | -350.00M | -100.00M | -100.00M | -50.00M | — | — | — | — | — | -62.00M | -68.11M | -11.25M | -13.14M | -6.25M | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -19.36M | -19.39M | -18.51M | -15.03M | -11.87M | -14.82M | -14.26M | -9.56M | -9.07M | 2.81M | 1.55M | -2.13M | 119,000 | 8.24M | 5.06M | 362,000 | — | 405,000 | — | — | — | — | — | — | — | — |
| Financing Cash Flow | -69.36M | -419.43M | -54.17M | -118.31M | -286.87M | -79.29M | -220.96M | -89.56M | -17.23M | -48.90M | -32.78M | -91.58M | -27.89M | -3.38M | -5.05M | -1.32M | 2.74M | 1.83M | 2.32M | 1.49M | 1.37M | 982,000 | 426,000 | 2.71M | 31.98M | — |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 389.67M | 386.79M | 636.16M | 467.18M | 340.24M | 409.82M | 370.73M | 305.73M | 210.90M | 104.89M | 102.08M | 99.93M | 117.26M | 67.17M | 63.32M | 82.22M | 56.70M | 18.93M | 61.68M | 57.07M | 19.01M | 43.82M | 19.33M | 61.38M | 48.52M | — |
| Income Tax Paid | 62.32M | 55.92M | 31.70M | 11.47M | 13.06M | 13.38M | 18.22M | 49.29M | 50.66M | 29.23M | 21.46M | 13.33M | 13.16M | 7.85M | 2.90M | 4.86M | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 6.43M | 8.06M | 4.96M | 7.69M | 17.64M | 23.28M | 9.60M | 6.44M | 3.81M | — | — | 325,000 | 1.25M | 2.08M | 3.06M | 5.88M | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 52.47M | 146.00M | 285.61M | 197.40M | 205.10M | 126.31M | 205.86M | 194.62M | 66.84M | 93.95M | 96.79M | 83.46M | 57.02M | 59.70M | 40.00M | 39.43M | 30.96M | 10.75M | 10.73M | 7.04M | 2.81M | 1.02M | 7.46M | 12.82M | 10.86M | 10.30M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 4,614,082 | 113.83M | 6.43% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 2,156,876 | 53.21M | 3.01% |
| Pacer Small Cap U.S. Cash Cows 100 ETF | Oct 31, 2024 | 2,010,110 | 49.59M | 2.80% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,956,713 | 48.27M | 2.73% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 1,698,381 | 41.90M | 2.37% |
| Vanguard Information Technology Index Fund | Nov 30, 2024 | 1,611,598 | 39.76M | 2.25% |
| First Trust NASDAQ Cybersecurity ETF | Nov 30, 2024 | 1,177,594 | 29.05M | 1.64% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 1,148,049 | 28.32M | 1.60% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 1,051,229 | 25.93M | 1.47% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 977,629 | 24.12M | 1.36% |
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