NETSCOUT (NTCT) stock price, revenue, and financials

NETSCOUT market cap is $2.6 b, and annual revenue was $831.28 m in FY 2021

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$2.6 B

NTCT Mkt cap, 24-Jun-2022

NETSCOUT Revenue Q3, 2022

NETSCOUT Gross profit (Q3, 2022)201.7 M

NETSCOUT Gross profit margin (Q3, 2022), %76.9%

NETSCOUT Net income (Q3, 2022)47.7 M

NETSCOUT EBIT (Q3, 2022)55.5 M

NETSCOUT Cash, 31-Dec-2021548.1 M

NETSCOUT EV2.4 B

NETSCOUT revenue was $831.28 m in FY, 2021 which is a 6.8% year over year decrease from the previous period.

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NETSCOUT revenue breakdown by business segment: 54.6% from Service and 45.4% from Product

NETSCOUT revenue breakdown by geographic segment: 58.2% from United States, 19.3% from Europe, 6.8% from Asia and 15.7% from Rest of the World

USD	FY, 2019	FY, 2020	FY, 2021
Revenue	909.9m	891.8m	831.3m
Revenue growth, %	(8%)	(2%)	(7%)
Cost of goods sold	254.1m	242.2m	222.1m
Gross profit	655.8m	649.6m	609.2m
Gross profit Margin, %	72%	73%	73%
Sales and marketing expense	291.9m	276.5m	242.7m
R&D expense	203.6m	188.3m	179.2m
General and administrative expense	93.6m	100.0m	89.0m
Operating expense total	727.4m	632.0m	572.1m
Depreciation and amortization	74.3m	64.5m	61.1m
EBIT	(71.6m)	17.6m	37.1m
EBIT margin, %	(8%)	2%	4%
Interest expense	26.1m	20.6m	10.9m
Interest income	5.2m	4.5m	646.0k
Pre tax profit	(92.9m)	1.9m	22.3m
Income tax expense	(19.6m)	4.7m	3.0m
Net Income	(73.3m)	(2.8m)	19.4m
EPS	(0.9)	0.0	0.3

USD	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022	Q2, 2022	Q3, 2022
Revenue	186.0m	216.4m	260.0m	183.8m	205.3m	228.7m	190.3m	211.9m	262.2m
Cost of goods sold	54.7m	59.1m	65.6m	53.0m	58.9m	55.3m	54.4m	51.6m	60.5m
Gross profit	131.3m	157.3m	194.4m	130.8m	146.4m	173.5m	135.9m	160.3m	201.7m
Gross profit Margin, %	71%	73%	75%	71%	71%	76%	71%	76%	77%
Sales and marketing expense	73.5m	73.1m	67.7m	59.4m	60.3m	60.9m	66.0m	65.2m	66.0m
R&D expense	43.7m	50.1m	48.6m	45.4m	46.5m	43.8m	42.8m	44.5m	41.6m
General and administrative expense	22.2m	25.2m	25.0m	25.2m	20.6m	21.7m	22.7m	23.5m	23.7m
Operating expense total	155.7m	164.6m	157.6m	145.3m	142.7m	141.7m	146.5m	148.1m	146.3m
Depreciation and amortization	16.1m	16.1m	16.1m	15.3m	15.4m	15.3m	15.0m	15.0m	14.9m
EBIT	(24.4m)	(7.3m)	36.8m	(14.5m)	3.8m	31.8m	(10.7m)	12.2m	55.5m
EBIT margin, %	(13%)	(3%)	14%	(8%)	2%	14%	(6%)	6%	21%
Interest expense	6.4m	5.2m	4.6m	3.1m	2.7m	2.7m	2.2m	2.4m	1.7m
Interest income	1.7m	1.2m	826.0k	265.0k	171.0k	73.0k	63.0k	45.0k	45.0k
Pre tax profit	(28.8m)	(10.9m)	32.9m	(19.3m)	385.0k	28.2m	(13.1m)	9.8m	55.6m
Income tax expense	496.0k	6.6m	(3.8m)	(1.8m)	4.1m	(834.0k)	(1.7m)	1.9m	7.9m
Net Income	(29.3m)	(17.5m)	36.7m	(17.4m)	(3.7m)	29.0m	(11.3m)	7.9m	47.7m
EPS	(0.4)	(0.2)	0.5	(0.2)	0.0	0.4	(0.1)	0.1	0.6

USD	FY, 2019	FY, 2020	FY, 2021
Cash	409.6m	338.5m	467.2m
Accounts Receivable	235.3m	213.5m	197.7m
Prepaid Expenses	35.7m	24.0m	23.6m
Inventories	26.3m	22.2m	22.8m
Current Assets	801.2m	659.7m	722.5m
PP&E	59.0m	57.7m	48.5m
Goodwill	1.7b	1.7b	1.7b
Total Assets	3.3b	3.1b	3.1b
Accounts Payable	24.6m	20.0m	18.0m
Short-term debt		10.3m	12.4m
Current Liabilities	379.9m	399.0m	411.3m
Long-term debt	550.0m	520.7m	411.3m
Total Debt	550.0m	531.0m	423.6m
Total Liabilities	1.2b	1.2b	1.1b
Common Stock	120.0k	122.0k	124.0k
Additional Paid-in Capital	2.8b	2.9b	3.0b
Retained Earnings	358.1m	355.3m	374.7m
Total Equity	2.1b	1.9b	2.0b
Debt to Equity Ratio	0.3 x	0.3 x	0.2 x
Debt to Assets Ratio	0.2 x	0.2 x	0.1 x
Financial Leverage	1.6 x	1.6 x	1.5 x

USD	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022	Q2, 2022	Q3, 2022
Cash	353.7m	245.1m	287.7m	403.3m	415.7m	477.8m	487.2m	468.5m	548.1m
Accounts Receivable	160.0m	202.3m	244.9m	138.8m	169.7m	208.0m	146.2m	162.9m	233.9m
Prepaid Expenses	31.6m	31.2m	25.8m	25.8m	36.7m	28.5m	23.8m	25.6m	26.4m
Inventories	26.5m	26.2m	25.0m	27.3m	26.2m	26.0m	20.8m	25.7m	21.5m
Current Assets	675.9m	573.0m	654.0m	630.8m	669.4m	762.6m	696.3m	701.6m	839.6m
PP&E	56.4m	58.5m	58.7m	55.2m	53.2m	51.3m	47.0m	45.0m	42.7m
Goodwill	1.7b	1.7b	1.7b	1.7b	1.7b	1.7b	1.7b	1.7b	1.7b
Total Assets	3.2b	3.1b	3.1b	3.1b	3.1b	3.1b	3.0b	3.0b	3.1b
Accounts Payable	25.6m	34.9m	19.8m	17.3m	18.1m	19.2m	17.0m	17.6m	18.4m
Short-term debt	11.1m	10.5m	11.1m	11.0m	11.3m	11.8m	12.1m	12.0m	11.4m
Current Liabilities	349.6m	350.6m	384.1m	357.5m	362.2m	396.2m	367.6m	370.8m	431.2m
Long-term debt	570.6m	518.1m	517.8m	519.4m	516.7m	513.8m	408.6m	406.1m	405.7m
Total Debt	581.6m	528.6m	528.9m	530.4m	528.0m	525.6m	420.7m	418.1m	417.1m
Total Liabilities	1.2b	1.1b	1.2b	1.1b	1.1b	1.2b	1.0b	1.0b	1.1b
Common Stock	120.0k	122.0k	122.0k	122.0k	123.0k	124.0k	124.0k	126.0k	126.0k
Additional Paid-in Capital	2.8b	2.9b	2.9b	2.9b	2.9b	2.9b	3.0b	3.0b	3.0b
Retained Earnings	328.8m	311.3m	348.0m	337.9m	334.2m	363.3m	363.4m	371.2m	419.0m
Total Equity	2.0b	1.9b	2.0b	1.9b	1.9b	2.0b	2.0b	2.0b	2.0b
Debt to Equity Ratio	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.2 x	0.2 x	0.2 x
Debt to Assets Ratio	0.2 x	0.2 x	0.2 x	0.2 x	0.2 x	0.2 x	0.1 x	0.1 x	0.1 x
Financial Leverage	1.6 x	1.6 x	1.6 x	1.6 x	1.6 x	1.6 x	1.5 x	1.5 x	1.5 x

USD	FY, 2019	FY, 2020	FY, 2021
Net Income	(73.3m)	(2.8m)	19.4m
Depreciation and Amortization	137.9m	116.1m	105.8m
Accounts Receivable	(22.2m)	21.5m	16.9m
Inventories	5.3m	1.5m	(2.0m)
Accounts Payable	(3.9m)	(4.3m)	(1.7m)
Cash From Operating Activities	149.8m	225.0m	213.9m
Purchases of PP&E	(23.4m)	(19.9m)	(12.0m)
Cash From Investing Activities	(26.3m)	(4.3m)	24.7m
Long-term Borrowings	(50.0m)	(100.0m)	(100.0m)
Cash From Financing Activities	(79.3m)	(286.9m)	(118.3m)
Net Change in Cash	39.1m	(69.6m)	126.9m
Interest Paid	23.3m	17.6m	7.7m
Income Taxes Paid	13.4m	13.1m	11.5m

USD	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022	Q2, 2022	Q3, 2021
Net Income	(29.3m)	(46.8m)	(10.1m)	(17.4m)	(21.1m)	7.9m	(11.3m)	(3.4m)	44.3m
Depreciation and Amortization	29.3m	58.7m	87.4m	26.0m	53.2m	79.6m	24.2m	48.2m	72.0m
Accounts Receivable	75.1m	32.9m	(9.6m)	75.2m	44.6m	6.7m	51.8m	34.9m	(36.2m)
Inventories	(1.2m)	(2.5m)	(1.2m)	(5.5m)	(5.5m)	(5.1m)	1.1m	(5.5m)	(1.3m)
Accounts Payable	(634.0k)	10.1m	(4.6m)	(2.4m)	(1.3m)	(589.0k)	(1.1m)	(313.0k)	844.0k
Cash From Operating Activities	49.5m	48.5m	117.8m	44.9m	56.6m	121.9m	24.1m	47.3m	140.4m
Purchases of PP&E	(3.3m)	(9.1m)	(15.2m)	(2.6m)	(5.8m)	(9.1m)	(2.6m)	(4.3m)	(7.0m)
Cash From Investing Activities	(19.5m)	1.4m	(817.0k)	20.5m	28.1m	24.2m	(32.0k)	(2.4m)	(3.1m)
Long-term Borrowings	(50.0m)	(100.0m)	(100.0m)					(350.0m)	(350.0m)
Cash From Financing Activities	(83.7m)	(211.4m)	(236.6m)	(4.1m)	(13.6m)	(17.0m)	(4.8m)	(43.1m)	(53.7m)
Net Change in Cash	(54.9m)	(163.8m)	(121.2m)	63.8m	76.2m	138.3m	20.0m	1.3m	80.9m
Interest Paid	5.6m	10.2m	14.0m	2.3m	4.2m	6.1m	1.4m	2.5m	3.7m
Income Taxes Paid	3.2m	7.2m	10.5m	1.5m	5.4m	8.5m	12.7m	19.0m	24.7m