What is Netscout Systems's net debt?

Netscout Systems (NTCT) reported net debt of -$546.91M in Q1 2026.

How has Netscout Systems's net debt changed year-over-year?

Netscout Systems's net debt decreased by 32.1% year-over-year, from -$413.91M to -$546.91M.

What is the long-term trend for Netscout Systems's net debt?

Over 5 years (2021 to 2026), Netscout Systems's net debt has grown at a 65.9% compound annual growth rate (CAGR), from -$43.56M to -$546.91M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Netscout Systems NTCT Net debt

Discontinued — last reported Q4 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

Carter'sCRI

3.6×+0.8×

HarmonicHLIT

0.1×-2.0×

Other financials

Income statement

See full

Revenue$203.0M-1.0%

Gross profit$159.1M-0.1%

Operating income$19.6M—

Net income$18.2M—

EPS (diluted)$0.24—

Balance sheet

See full

Cash & equivalents$586.5M+28.2%

Total debt$39.6M-9.0%

Total equity$1.6B+5.7%

Total assets$2.4B+7.7%

Cash flow

See full

Operating cash flow$152.3M+7.6%

CapEx$2.2M+56.4%

Free cash flow$150.1M+7.1%

Valuation

See full

Market cap$2.91B+52.3%

Enterprise value$2.36B+59.9%

P/E30.4×—

P/S3.4×+1.1×

Profitability

See full

Gross margin79.4%+1.1pp

Operating margin12.8%+7.2pp

Net margin11.1%+6.1pp

FCF margin33.2%+6.8pp

Returns & leverage

See full

Return on equity6%+3.3pp

Debt / equity0×0.0×

Current ratio1.8×+0.1×

Where this comes from

Calculated from Netscout Systems’s reported figures.

$39.6Mtotal debt−$586.5Mcash and equivalents=-$546.91M

The official record: Netscout Systems’s 10-K, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Netscout Systems's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Netscout Systems's net debt?: Netscout Systems (NTCT) reported net debt of -$546.91M in Q1 2026.
How has Netscout Systems's net debt changed year-over-year?: Netscout Systems's net debt decreased by 32.1% year-over-year, from -$413.91M to -$546.91M.
What is the long-term trend for Netscout Systems's net debt?: Over 5 years (2021 to 2026), Netscout Systems's net debt has grown at a 65.9% compound annual growth rate (CAGR), from -$43.56M to -$546.91M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.