NETSCOUT SYSTEMS INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $1.2b $986.8m $909.9m $891.8m $831.3m $855.6m $914.5m $829.5m $822.7m $859.5m
Cost of Revenue $346.1m $271.9m $254.1m $242.2m $222.1m $214.2m $223.1m $187.4m $178.7m $177.0m
Gross Profit $816.0m $714.9m $655.8m $649.6m $609.2m $641.4m $691.4m $642.0m $643.9m $682.5m
Operating Expenses $753.9m $718.9m $727.4m $632.0m $572.1m $592.8m $613.8m $791.9m $1.0b $572.7m
Operating Income (Loss) $62.1m ($4.1m) ($71.6m) $17.6m $37.1m $48.6m $77.7m ($149.8m) ($367.6m) $109.8m
Additional Financial Items
Amortization of Intangible Assets $126.1m $117.0m $108.4m $91.2m $81.6m $74.4m $66.0m $58.0m $51.0m $47.1m
Capitalized Computer Software, Amortization $594k $1.0m $1.1m $500k $100k $37k
Foreign Currency Transaction Gain (Loss), Realized ($2.5m) ($4.1m) ($2.0m) ($700k) ($5.5m) ($200k) ($2.8m) ($1.9m) ($2.0m) ($3.6m)
Goodwill, Impairment Loss $217.3m $427.0m $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $32.5m ($35.0m) ($107.1m) ($1.5m) $5.0m $27.7m $56.5m ($169.7m) ($386.9m) $95.6m
Investment Income, Interest $1.0m $1.8m $5.2m $4.5m $646k $297k $4.9m $9.6m $10.7m $13.8m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $52.2m ($18.7m) ($92.9m) $1.9m $22.3m $42.9m $68.4m ($144.5m) ($365.8m) $118.5m
Gain (Loss) on Derivative Instruments, Net, Pretax $206k $0 $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $52.2m ($18.7m) ($92.9m) $1.9m $22.3m $42.9m $68.4m ($144.5m) ($365.8m) $118.5m
Net Income (Loss) Attributable to Parent $33.3m $79.8m ($73.3m) ($2.8m) $19.4m $35.9m $59.6m ($147.7m) ($366.9m) $95.5m
Earnings Per Share, Basic $0.36 $0.91 ($0.93) ($0.04) $0.26 $0.48 $0.83 ($2.07) ($5.12) $1.33
Earnings Per Share, Diluted $0.36 $0.90 ($0.93) ($0.04) $0.26 $0.48 $0.82 ($2.07) ($5.12) $1.30
Weighted Average Number of Shares Outstanding, Basic 92.2m 87.4m 78.6m 75.2m 73.1m 74.0m 71.8m 71.5m 71.6m 72.0m
Weighted Average Number of Shares Outstanding, Diluted 92.9m 88.3m 78.6m 75.2m 73.8m 75.1m 73.0m 71.5m 71.6m 73.4m
Other income (expense):
Research and Development Expense $232.7m $215.1m $203.6m $188.3m $179.2m $171.1m $176.2m $161.2m $152.9m $159.5m
Selling and Marketing Expense $328.6m $312.5m $291.9m $276.5m $242.7m $264.2m $276.9m $271.0m $268.1m $264.5m
General and Administrative Expense $118.4m $109.5m $93.6m $100.0m $89.0m $97.7m $103.5m $95.9m $96.7m $103.2m
Other Nonoperating Income (Expense) ($1.7m) ($3.8m) ($434k) $355k ($4.6m) $2.0m ($3.9m) $4.4m ($1.8m) ($3.4m)
Interest Expense (non-operating) $7.2m $1.7m
Current Income Tax Expense (Benefit) $30.2m $28.4m $14.4m $14.4m $27.0m $19.5m $62.5m $49.2m $38.7m $50.8m
Interest Expense $9.2m $12.6m $26.1m $20.6m $10.9m $8.0m $10.2m $8.7m
Income Tax Expense (Benefit) $18.9m ($98.5m) ($19.6m) $4.7m $3.0m $7.0m $8.8m $3.2m $1.1m $23.0m
Nonoperating Income (Expense) ($9.9m) ($14.6m) ($21.3m) ($15.7m) ($14.8m) ($5.7m) ($9.2m) $5.3m $1.8m $8.7m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.