# NetScout Systems share price today (NetScout Systems, Inc., NTCT)

> NetScout Systems, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 24% of past readings. NTCT · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ntct

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## Key numbers

- Price: $37.93 (+36.4% in a year)
- P/E: 23.3× (lower than 76% of the last 4.6 years)
- Revenue (Jun 2026): $210 M (+12.7% on a year ago)
- Profit (Jun 2026): $21.8 M
- Operating margin: 6.9% (+9.6 points on a year ago)
- ROE: 6%, FY26
- ROIC: 10.8%, against a 8.0% cost of capital: +2.8 points
- Profit that came in as cash: 391%, last 3 years

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the NetScout Systems share price today? NetScout Systems, Inc.'s share price was $37.93 at the close on 3 November 2026. It has been rising for 65 weeks. That is 4.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $26 and $44, and at that close it sat 68% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +64% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does NetScout Systems pay? NetScout Systems, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is NetScout Systems on? NetScout Systems is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is NetScout Systems profitable? NetScout Systems, Inc. earned $21.8 M of net profit in the Jun 2026 quarter. Full-year FY26 profit was $95.5 M. Over 4 years profit has grown 27.7% a year on average. That is 10.4% of the quarter's revenue. The same quarter a year earlier lost $3.7 M. 4 of the last 12 reported quarters were loss-making. On average over the last four quarters, profit changed +65.7% and revenue +6.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does NetScout Systems make, and is it growing? NetScout Systems, Inc. reported $210 M of revenue in the Jun 2026 quarter, +12.7% on the same quarter a year earlier. Over 4 years it has grown 0.1% a year on average. The last full year, FY26, came in at $859 M. The last four reported quarters add to $883 M. FY26 revenue was $859 M, +4.5% on the year before. Recent pace: the last four quarters grew +6.4% on average, against 0.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.8%, against +5.5% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does NetScout Systems keep? NetScout Systems, Inc.'s operating margin was 6.9% in the Jun 2026 quarter, 9.6 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 5.8% and 13.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +9.6 percentage points on the year while gross margin changed +2.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is NetScout Systems' profit turning into cash? Over the last 3 years, 391% of NetScout Systems, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $295 M of operating cash against $95.5 M of profit. After $9.1 M of spending on assets, $285 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does NetScout Systems' cash go? NetScout Systems, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $20.9 M on assets over the last 3 years. Averaged over those years that is 0.8% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $20.9 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is NetScout Systems' P/E ratio, and how does it compare with its own history? NetScout Systems, Inc.'s P/E is 23.3×, near the low end of its own history: it has been lower only 24% of the time. Its usual P/E (the middle reading) is 26.4×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Where the price move came from: over 3 years the price moved +20.5% a year; about +21.7% a year came from earnings growth and about −1.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the NetScout Systems business getting better or worse? NetScout Systems, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does NetScout Systems earn on its capital? NetScout Systems, Inc. earned a ROE of 6% in FY26. That is up from a low of −24% in FY25. Its return on capital used (ROIC) is 2.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 11.1% net margin and 0.37× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 11.1% net margin × 0.37× asset turnover × 1.43× leverage (assets divided by equity) ≈ 5.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 10.8% − 8.0% = +2.8 percentage points. The 8.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 10.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 8.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does NetScout Systems have too much debt? NetScout Systems, Inc. has total debt of $40.0 M against shareholder equity of $1.7 B as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.20 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the NetScout Systems shareholding pattern? 5.1% of NetScout Systems, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is NetScout Systems from balance-sheet trouble? For NetScout Systems, Inc., the Z-score is 2.75. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.75 is in the grey area, neither clearly safe nor clearly in trouble. ## How does NetScout Systems rank in its industry? There is no score against its industry: NetScout Systems, Inc. is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is NetScout Systems compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to NetScout Systems in size? NetScout Systems is the 57th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Teradata Corporation, Wix.com and Cellebrite DI. Just below it: Five9, Inc., Euronet Worldwide, Inc. and Payoneer Global Inc. ### Software - Infrastructure companies close in size

1. [Teradata Corporation](https://www.sectoralpha.in/us/stocks/tdc) $3.1 billion
2. [Wix.com Ltd.](https://www.sectoralpha.in/us/stocks/wix) $3.1 billion
3. [Cellebrite DI Ltd.](https://www.sectoralpha.in/us/stocks/clbt) $3.1 billion
4. NetScout Systems, Inc. $2.8 billion
5. [Five9, Inc.](https://www.sectoralpha.in/us/stocks/fivn) $2.7 billion
6. [Euronet Worldwide, Inc.](https://www.sectoralpha.in/us/stocks/eeft) $2.5 billion
7. [Payoneer Global Inc.](https://www.sectoralpha.in/us/stocks/payo) $2.4 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Northern Oil and Gas, Inc.](https://www.sectoralpha.in/us/stocks/nog) $2.7 billion · Oil & Gas Exploration & Production
2. [Bel Fuse Inc.](https://www.sectoralpha.in/us/stocks/belfa) $2.7 billion · Electronic Components
3. NetScout Systems, Inc. $2.7 billion
4. [IMAX Corporation](https://www.sectoralpha.in/us/stocks/imax) $2.7 billion · Entertainment
5. [Firefly Aerospace Inc.](https://www.sectoralpha.in/us/stocks/fly) $2.7 billion · Aerospace & Defense

## What else do people ask about NetScout Systems? ### What were NetScout Systems's latest quarterly results? NetScout Systems, Inc. reported revenue of $210 M and net profit of $21.8 M for the Jun 2026 quarter. Earnings per share were $0.29. The operating margin was 6.9%, 9.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is NetScout Systems's market cap? NetScout Systems, Inc.'s market capitalisation is $2.8 B at a stock price of $37.93. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is NetScout Systems performing? NetScout Systems, Inc.'s share price has been rising for 65 weeks. Over the past 13 weeks it has done better than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will NetScout Systems's stock price go up? This page does not forecast NetScout Systems, Inc.'s stock price. What it shows instead: the stock price is $37.93, and it has been rising for 65 weeks. Its P/E of 23.3× is higher than 24% of its own last 5 years (as of 3 November 2026). ### Is NetScout Systems's profit real cash? Yes, over the last 3 years, 391% of NetScout Systems, Inc.'s reported profit came in as cash from operations. The latest year was lower at 308%, so the trend is worth watching. In FY26, operating cash was $295 M against reported profit of $95.5 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is NetScout Systems in its business cycle? NetScout Systems, Inc.'s FY26 operating margin was 13.0%, against a 5-year range of 5.8% to 13.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 6.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the NetScout Systems story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is NetScout Systems a stock worth studying right now? What the numbers show: NetScout Systems, Inc.'s results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 24% of past readings. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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