NETSCOUT Reports Strong FY26 Results, Positive FY27 Guidance, and Significant Share Repurchases

summarizeSummary

NETSCOUT reported strong full fiscal year 2026 financial results, provided positive guidance for fiscal year 2027, and highlighted significant share repurchases and a strategic acquisition.

check_boxKey Events

• Strong Full Fiscal Year 2026 Performance

  Total revenue for fiscal year 2026 increased to $859.5 million from $822.7 million in fiscal year 2025. GAAP income from operations significantly improved to $109.8 million from a loss of $367.6 million in FY25 (which included goodwill charges). Non-GAAP net income rose to $182.0 million, or $2.48 per diluted share, up from $160.4 million, or $2.22 per diluted share, in FY25.

• Positive Fiscal Year 2027 Outlook

  The company expects fiscal year 2027 revenue in the range of $885.0 million to $915.0 million, implying year-over-year growth of 4.7% at the midpoint. Non-GAAP diluted net income per share is projected to be between $2.65 and $2.80, representing a 9.9% increase at the midpoint.

• Significant Share Repurchase Program

  During fiscal year 2026, NETSCOUT repurchased approximately 2.5 million shares of its common stock for an aggregate of approximately $60.8 million, demonstrating a commitment to returning value to shareholders.

• Strategic Acquisition Completed

  On May 1, 2026, NETSCOUT closed the acquisition of DigiCert, Inc.'s DDoS protection business, which is immediately accretive and is expected to contribute approximately $20 million in annualized revenue to the fiscal year 2027 outlook.

auto_awesomeAnalysis

NETSCOUT SYSTEMS, INC. delivered robust full fiscal year 2026 results, showcasing a significant turnaround in GAAP income from operations compared to the prior year, which included substantial goodwill charges. The company also reported solid growth in non-GAAP net income and diluted EPS for both the fourth quarter and the full fiscal year. The positive momentum is expected to continue into fiscal year 2027, with guidance projecting further top and bottom-line growth. A notable share repurchase program, totaling $60.8 million for FY26, demonstrates strong capital allocation. Additionally, the recent acquisition of DigiCert's DDoS protection business is immediately accretive and contributes to the positive outlook, reinforcing the company's strategic position in cybersecurity and network observability. This comprehensive positive update supports the stock's current trading near its 52-week high.