NTSK Netskope Inc
Price Chart
Executive Summary
Netskope reported Q1 FY2027 revenue of $201.6M (+28% YoY) and non-GAAP EPS of -$0.06, beating consensus estimates of $198.2M and -$0.07. ARR grew 29% YoY to $845M. However, operating cash flow swung to -$53.9M from +$25.6M a year ago, and CFO Drew Del Matto announced his retirement, creating leadership uncertainty. The company raised full-year revenue guidance to $879M-$883M (from $870M-$876M), but free cash flow guidance remained at 2%-4%.
Key Financial Metrics
Actionable Insight
Revenue beat and raised guidance are positive, but the sharp cash flow reversal (from +$25.6M to -$53.9M operating cash flow) and CFO retirement create a mixed picture. The lock-up expiration overhang from March may still pressure the stock. Monitor the CFO search and next quarter's cash flow trajectory for signs of stabilization.
Key Facts
- Q1 FY2027 revenue $201.6M, +28% YoY, above $198.2M consensus
- Non-GAAP EPS -$0.06 vs consensus -$0.07 (beat)
- ARR grew 29% YoY to $845M as of April 30, 2026
- GAAP net loss per share -$0.29 vs -$0.76 YoY (narrowed)
- Operating cash flow swung to -$53.9M from +$25.6M YoY; FCF -$57.2M vs +$17.5M YoY
- Full-year FY2027 revenue guidance raised to $879M-$883M (from $870M-$876M)
- CFO Drew Del Matto announced retirement; search for successor underway
- GAAP operating loss widened to -$108.7M from -$45.4M YoY; non-GAAP operating loss -$29.2M vs -$28.6M
- Cash & marketable securities $1.1B, down from $1.2B at Q4 end
- Recent DEFA14A (7 days ago) signals ongoing proxy/board context
Financial Impact
Revenue beat of ~1.7% ($201.6M vs $198.2M consensus); EPS beat of ~14% (-$0.06 vs -$0.07); full-year guidance raised by ~$8M at midpoint
Risk Factors
- CFO retirement creates leadership uncertainty during a growth phase
- Operating cash flow swung sharply negative to -$53.9M from +$25.6M YoY
- GAAP operating loss more than doubled to -$108.7M from -$45.4M YoY
- Free cash flow margin collapsed to -28% from +11% YoY
- Stock-based compensation remains high at $76M (38% of revenue)
- Historical performance shows poor T+20 outcomes on prior directional calls
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-255439 |
| Document: ck0002063196-20260603.htm | 0001193125-26-255439 |
| Document: 0001193125-26-255439-index-headers.html | 0001193125-26-255439 |
| Document: 0001193125-26-255439-index.html | 0001193125-26-255439 |
| Document: 0001193125-26-255439.txt | 0001193125-26-255439 |
| 8-K Data (Synthetic) | 0001193125-26-255439 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 16, 2026
today
|
Insider Cluster
| $8.96 awaiting T+1 | awaiting T+1 | — | $8.95 (−0.11%) |
|
Jun 16, 2026
today
|
Insider Cluster
| $8.96 awaiting T+1 | awaiting T+1 | — | $8.95 (−0.11%) |
|
Jun 12, 2026
4d ago
|
144
| $8.81 $8.95 | ▲ +1.59% | ▲ +2.19% | $8.95 (+1.59%) |
|
Jun 11, 2026
5d ago
|
Institutional Cluster
| $8.71 $9.04 | ▲ +3.79% | ▲ +3.25% | $8.95 (+2.76%) |
|
Jun 3, 2026
13d ago
|
8-K
| $10.03 $9.64 | ▼ −3.94% | ▼ −1.36% | $8.95 (−10.77%) |
|
May 27, 2026
20d ago
|
Press Release
| $11.13 $11.53 | ▲ +3.59% | ▲ +3.04% | $8.95 (−19.59%) |
|
May 7, 2026
5w ago
|
Press Release
| $11.40 $11.62 | ▲ +1.93% | ▲ +1.10% | $8.95 (−21.49%) |
|
Mar 11, 2026
13w ago
|
Press Release
| $9.55 $9.74 | ▲ +1.99% | ▲ +2.59% | $8.95 (−6.28%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access