Netskope Inc (NTSK) Form 8-K — Sep 2, 2026
Netskope (NTSK) reported second quarter fiscal 2027 results for the period ended July 31, 2026, exceeding its guidance across every metric. Revenue rose 29% year-over-year to $220.5 million and annual recurring revenue grew 27% to $899 million. Profitability improved sharply on an adjusted basis, with non-GAAP loss from operations narrowing to $19.3 million (a (9)% margin versus (20)%) and non-GAAP net loss per share of $(0.03) versus $(0.32) a year ago. GAAP net loss still widened to $110.8 million on $63.0 million of stock-based compensation and a $26.5 million loss on convertible note fair value changes.
Key figures
- Revenue
- 220541000
- Guidance
- Q3 FY2027: revenue $227M-$229M, non-GAAP operating margin ~(-8)%, non-GAAP net loss per share $(0.03)-$(0.04) on ~415M weighted shares. Full-year FY2027: revenue $888M-$892M, non-GAAP gross margin ~77%, non-GAAP operating margin ~(-9)%, non-GAAP net loss per share $(0.15), free cash flow margin ~2%.
- Total Debt
- 698116000
- Revenue Yoy
- 29%
- Total Assets
- 1712214000
- Cash Position
- 1100000000
- Arr
- 899000000
- Arr yoy
- 27%
- Gaap gross margin
- 74%
- Stock based comp q2
- 62972000
- Free cash flow margin
- -14%
- Gaap operating margin
- -41%
- Non gaap gross margin
- 77%
- Restructuring costs q2
- 3500000
- Guidance q3 revenue low
- 227000000
- Guidance q3 revenue high
- 229000000
- Guidance fy27 revenue low
- 888000000
- Non gaap operating margin
- -9%
- Guidance fy27 revenue high
- 892000000
- Loss on convertible notes fv
- 26528000
- Weighted avg shares basic diluted
- 405045835
Price after filing
Close on the filing date to close N calendar days later (from $14.05). Historical, not a forecast.
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