Company Analysis

Netskope, Inc. (NTSK)

Nasdaq: NTSK · Services-Prepackaged Software · Santa Clara, CA · filing with the SEC since 2025
Grade5.2
◀ Past 4.7● Present 4.4▶ Future 6.3
3 est.

The grade of Netskope, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past4.725% of the headline
● Present4.435% of the headline
▶ Future6.340% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.7/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
7.3/10

Has it survived what it has been through?

No warning events in its filings since 2025.

weight 22% of this tense · 73rd percentile among 230 sector filers · read for itself

From the record

Netskope, Inc.'s filings since 2025 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.0/10

What has it actually done, year after year?

+32% a year over 3 filed years; profitable in 0 of 3.

weight 45% of this tense · 60th percentile among 213 sector filers · read for its customers

From the record

Netskope, Inc.'s 3 filed years say what it did: revenue went from $407 million in fiscal 2024 to $709 million in fiscal 2026, up 32% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 0 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span32.0%top 25% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.1/10

How has it treated the people who own it?

SI estimate 1.1/10, confidence 35 of 100 (one part).

weight 33% of this tense · 11th percentile among 216 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 11% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 216 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Netskope, Inc.'s shareholder treatment is put at 1.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 11% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.4/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
1.4/10

Is it financially healthy right now?

ROE -349%: lost 349¢ per shareholder dollar. Leverage 89%: owes 89¢ per asset dollar.

weight 45% of this tense · 14th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-01-31, Netskope, Inc. lost about 349 cents for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns. Leverage: it owed about 89 cents per dollar of assets, and net share issuance: its share count grew 119.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 13% of its family
  • return on equitybottom 1% of its family
  • gross profit against assetsbottom 33% of its family
  • the share count against the year beforebottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.4/10

How strong is its position in its industry?

top 46% of 218 in its family; net margin -95.8%.

weight 33% of this tense · 54th percentile among 218 sector filers · read for its customers

From the record

Netskope, Inc.'s standing among 218 graded names in its industry family: revenue of $709 million in fiscal 2026 ranks in the top 41% by size; a net margin of -95.8% ranks in the bottom 15%; revenue growth of 32% a year over the last 2 filed years ranks in the top 12% (its annual reports).

What it rests on

  • revenue against the family$709Mtop 41% of its family
  • net margin-95.8%bottom 15% of its family
  • three-year revenue growth32.0%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
9.1/10

What are the people in charge doing?

SI estimate 9.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 91st percentile among 167 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 9% of 167 in its family; the record of its people begins on 2025-09-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2025-09-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 167 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Netskope, Inc.'s leadership is put at 9.1 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 9% of 167 in its family; the record of its people begins on 2025-09-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.2 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
6.0/10

How much room does it have to grow?

top 40% of 216 in its family for room to expand.

weight 22% of this tense · 60th percentile among 216 sector filers · read for itself

From the record

Netskope, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $433 million against no long-term debt tagged leaves 24.4% of its assets as net cash, top 29% of its family; cash from operations less capital spending is 2.1% of revenue (bottom 32%); a gross margin of 68.1% (bottom 46%); research spending of 71.8% of revenue (top 8%) (its annual report).

What it rests on

  • cash less debt against assets24.4%top 29% of its family
  • cash from operations less capital spending against revenue2.1%bottom 32% of its family
  • gross margin68.1%bottom 46% of its family
  • research spending against revenue71.8%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 28% of 213 in its family for growth drivers.

weight 45% of this tense · 72nd percentile among 213 sector filers · read for its customers

From the record

Netskope, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 32% a year over the last three filed years against 32% over all 3, speeding up (top 27% of its family); the newest year grew 31.7% (top 13%); research spending grew 50.5% a year (top 5%); capital spending grew -13.5% a year (bottom 36%) (its annual reports). Netskope, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 27% of its family
  • the newest year's revenue growth31.7%top 13% of its family
  • three-year growth of research spending50.5%top 5% of its family
  • three-year growth of capital spending-13.5%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
5.1/10

Did its newest year beat what its own record pointed to?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 194 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 194 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 194 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Netskope, Inc.'s expectations vs reality is put at 5.1 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 194 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NTSK · research, not advice