NETSCOUT SYSTEMS INC (NTCT) FY2025 10-K Annual Report

Filed: May 15, 2025
Information Technology
Services-Computer Integrated Systems DesignSEC EDGAR

NETSCOUT SYSTEMS INC (NTCT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 15, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NETSCOUT SYSTEMS INC FY2025 10-K Analysis

Business Overview

  • Core business: network service assurance and cybersecurity solutions leveraging patented deep packet inspection technology for performance and threat protection
  • New emphasis on expanding enterprise cybersecurity with Omnis Cyber Intelligence and advanced Network Detection and Response offerings
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Management Discussion & Analysis

  • Revenue $822.7M, down 1% YoY from $829.5M; product $359.9M (-$0.6M), service $462.8M (-$6.2M)
  • Gross margin 78% vs 77%, product margin 84% vs 82%, service margin 74% flat YoY
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Risk Factors

  • Legal risk from Packet Intelligence LLC appeal, with $5.6 million increase in legal fees impacting fiscal 2025
  • Geopolitical exposure from ongoing wars in Ukraine and Middle East; ceased Russia operations including sales and support
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NETSCOUT SYSTEMS INC FY2025 Key Financial Metrics
XBRL

Revenue

$823M

-0.8% YoY

Net Income

-$367M

-148.4% YoY

Gross Margin

78.3%

+87bp YoY

Operating Margin

-44.7%

-2662bp YoY

Net Margin

-44.6%

-2679bp YoY

ROE

-23.5%

-1571bp YoY

Total Assets

$2.2B

-15.7% YoY

EPS (Diluted)

$-5.12

-147.3% YoY

Operating Cash Flow

$218M

+270.1% YoY

Source: XBRL data from NETSCOUT SYSTEMS INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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