Netskope’s Q3 revenue grew 33% year-over-year to $184.2 million, with ARR increasing by 34% to $754 million. The company surpassed $1 billion in Remaining Performance Obligations, reflecting a 41% year-over-year growth. Q3 net cash provided by operating activities was $11.2 million, with free cash flow at $10.6 million, representing a positive 6% free cash flow margin.

Netskope CEO, Sanjay Beri, highlighted the company’s strong Q3 performance, attributing it to the demand for their Netskope One platform in the cloud and AI era. The company’s investments in foundational technology and go-to-market engine are driving returns to address their $149 billion market opportunity. Netskope completed an IPO in September, raising $992.2 million.

In addition to financial results, Netskope has been recognized as a leader in several reports, including Gartner Magic Quadrant for Secure Services Edge and The Forrester Wave: Secure Access Service Edge Solutions. The company expanded its NewEdge private cloud network and announced updates to the Netskope One platform, including AI-powered innovations and collaborations with Microsoft.

For Q4 2026, Netskope expects revenue of $188-190 million, with a non-GAAP operating margin of (14.0%) to (13.0%) and a non-GAAP net loss per share of ($0.07) to ($0.05). For the full year 2026, the company anticipates total revenue of $701-703 million, a non-GAAP gross margin of approximately 75%, and a non-GAAP net loss per share of ($0.53) to ($0.51), with free cash flow of $5-8 million.

Netskope’s financial outlook is forward-looking, and actual results may differ. The company provided a reconciliation of non-GAAP guidance measures to corresponding GAAP measures, emphasizing the significance of non-GAAP financial measures in evaluating performance and liquidity. Netskope will host a conference call to discuss its financial results and outlook further.

Read more at GlobeNewswire: Netskope Announces Strong Third Quarter Fiscal Year 2026