Netscout Systems Inc
NASDAQ:NTCT
Income Statement
Earnings Waterfall
Netscout Systems Inc
Revenue
|
834.1m
USD
|
Cost of Revenue
|
-187.9m
USD
|
Gross Profit
|
646.1m
USD
|
Operating Expenses
|
-594.1m
USD
|
Operating Income
|
52.1m
USD
|
Other Expenses
|
-170.5m
USD
|
Net Income
|
-118.5m
USD
|
Income Statement
Netscout Systems Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
382
N/A
|
397
+4%
|
423
+7%
|
434
+3%
|
447
+3%
|
454
+2%
|
447
-2%
|
604
+35%
|
789
+31%
|
955
+21%
|
1 124
+18%
|
1 135
+1%
|
1 129
0%
|
1 162
+3%
|
1 119
-4%
|
1 104
-1%
|
1 071
-3%
|
987
-8%
|
966
-2%
|
933
-3%
|
910
-2%
|
910
0%
|
891
-2%
|
883
-1%
|
897
+2%
|
892
-1%
|
890
0%
|
879
-1%
|
847
-4%
|
831
-2%
|
838
+1%
|
844
+1%
|
878
+4%
|
856
-3%
|
874
+2%
|
890
+2%
|
898
+1%
|
915
+2%
|
917
+0%
|
886
-3%
|
834
-6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(81)
|
(85)
|
(90)
|
(92)
|
(96)
|
(95)
|
(93)
|
(172)
|
(251)
|
(328)
|
(394)
|
(379)
|
(354)
|
(346)
|
(326)
|
(315)
|
(298)
|
(272)
|
(267)
|
(257)
|
(262)
|
(254)
|
(247)
|
(242)
|
(238)
|
(242)
|
(240)
|
(240)
|
(230)
|
(222)
|
(224)
|
(216)
|
(221)
|
(214)
|
(218)
|
(224)
|
(220)
|
(223)
|
(216)
|
(201)
|
(188)
|
|
Gross Profit |
301
N/A
|
312
+4%
|
333
+7%
|
342
+3%
|
351
+3%
|
359
+2%
|
353
-2%
|
432
+22%
|
538
+24%
|
627
+17%
|
729
+16%
|
756
+4%
|
775
+3%
|
816
+5%
|
793
-3%
|
788
-1%
|
772
-2%
|
715
-7%
|
699
-2%
|
676
-3%
|
648
-4%
|
656
+1%
|
644
-2%
|
642
0%
|
660
+3%
|
650
-2%
|
649
0%
|
638
-2%
|
617
-3%
|
609
-1%
|
614
+1%
|
628
+2%
|
656
+4%
|
641
-2%
|
657
+2%
|
667
+2%
|
678
+2%
|
691
+2%
|
701
+1%
|
684
-2%
|
646
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(227)
|
(234)
|
(244)
|
(251)
|
(259)
|
(263)
|
(264)
|
(397)
|
(527)
|
(652)
|
(776)
|
(766)
|
(755)
|
(750)
|
(752)
|
(748)
|
(724)
|
(714)
|
(704)
|
(692)
|
(692)
|
(663)
|
(636)
|
(629)
|
(623)
|
(629)
|
(619)
|
(597)
|
(582)
|
(572)
|
(573)
|
(579)
|
(583)
|
(593)
|
(605)
|
(606)
|
(608)
|
(612)
|
(619)
|
(601)
|
(594)
|
|
Selling, General & Administrative |
(156)
|
(160)
|
(167)
|
(171)
|
(179)
|
(184)
|
(186)
|
(263)
|
(337)
|
(411)
|
(475)
|
(463)
|
(452)
|
(447)
|
(450)
|
(448)
|
(437)
|
(422)
|
(411)
|
(401)
|
(398)
|
(385)
|
(377)
|
(378)
|
(374)
|
(377)
|
(365)
|
(348)
|
(338)
|
(332)
|
(336)
|
(344)
|
(351)
|
(362)
|
(374)
|
(377)
|
(380)
|
(380)
|
(387)
|
(379)
|
(378)
|
|
Research & Development |
(68)
|
(71)
|
(73)
|
(76)
|
(77)
|
(75)
|
(75)
|
(121)
|
(168)
|
(209)
|
(251)
|
(247)
|
(239)
|
(233)
|
(231)
|
(229)
|
(215)
|
(215)
|
(212)
|
(209)
|
(215)
|
(204)
|
(192)
|
(186)
|
(185)
|
(188)
|
(190)
|
(186)
|
(182)
|
(179)
|
(177)
|
(175)
|
(173)
|
(171)
|
(172)
|
(171)
|
(172)
|
(176)
|
(178)
|
(169)
|
(164)
|
|
Depreciation & Amortization |
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(12)
|
(23)
|
(32)
|
(49)
|
(57)
|
(63)
|
(70)
|
(71)
|
(72)
|
(72)
|
(77)
|
(82)
|
(81)
|
(80)
|
(74)
|
(67)
|
(65)
|
(65)
|
(65)
|
(64)
|
(63)
|
(62)
|
(61)
|
(61)
|
(61)
|
(60)
|
(60)
|
(59)
|
(57)
|
(56)
|
(55)
|
(54)
|
(53)
|
(52)
|
|
Operating Income |
74
N/A
|
78
+5%
|
89
+14%
|
91
+3%
|
92
+1%
|
97
+5%
|
90
-7%
|
36
-60%
|
11
-70%
|
(25)
N/A
|
(46)
-83%
|
(10)
+78%
|
20
N/A
|
66
+228%
|
42
-37%
|
40
-4%
|
49
+21%
|
1
-98%
|
(5)
N/A
|
(16)
-196%
|
(44)
-178%
|
(8)
+83%
|
8
N/A
|
13
+54%
|
36
+188%
|
20
-44%
|
30
+49%
|
41
+36%
|
36
-13%
|
37
+3%
|
41
+10%
|
49
+20%
|
73
+48%
|
49
-34%
|
52
+7%
|
61
+17%
|
70
+14%
|
80
+14%
|
82
+3%
|
83
+1%
|
52
-38%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
0
|
(0)
|
0
|
(0)
|
(2)
|
(0)
|
(2)
|
(4)
|
(7)
|
(8)
|
(8)
|
(8)
|
(11)
|
(8)
|
(9)
|
(9)
|
(15)
|
(14)
|
(17)
|
(20)
|
(23)
|
(21)
|
(20)
|
(18)
|
(17)
|
(14)
|
(13)
|
(12)
|
(16)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(3)
|
(4)
|
(2)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(4)
|
(2)
|
(3)
|
(6)
|
(5)
|
(42)
|
(53)
|
(64)
|
(64)
|
(27)
|
(16)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
4
|
(163)
|
|
Total Other Income |
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(2)
|
(0)
|
(1)
|
0
|
(2)
|
(3)
|
(3)
|
1
|
(2)
|
(3)
|
(3)
|
0
|
(2)
|
(2)
|
(0)
|
2
|
(0)
|
1
|
(0)
|
1
|
(2)
|
(3)
|
(4)
|
1
|
(3)
|
(2)
|
1
|
2
|
3
|
2
|
(2)
|
(7)
|
(5)
|
(4)
|
(1)
|
|
Pre-Tax Income |
74
N/A
|
78
+6%
|
89
+14%
|
91
+3%
|
91
+0%
|
95
+5%
|
88
-8%
|
34
-62%
|
5
-84%
|
(32)
N/A
|
(58)
-80%
|
(24)
+59%
|
7
N/A
|
52
+605%
|
29
-44%
|
26
-10%
|
31
+18%
|
(19)
N/A
|
(64)
-241%
|
(88)
-38%
|
(129)
-46%
|
(93)
+28%
|
(40)
+57%
|
(22)
+46%
|
16
N/A
|
2
-88%
|
12
+505%
|
23
+98%
|
18
-21%
|
22
+23%
|
29
+28%
|
38
+33%
|
65
+72%
|
43
-34%
|
45
+6%
|
55
+21%
|
60
+9%
|
68
+14%
|
74
+8%
|
82
+11%
|
(113)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(27)
|
(29)
|
(33)
|
(34)
|
(34)
|
(34)
|
(30)
|
5
|
(9)
|
4
|
13
|
(15)
|
0
|
(19)
|
(11)
|
(9)
|
(26)
|
14
|
20
|
21
|
49
|
20
|
(0)
|
(9)
|
(7)
|
(5)
|
(2)
|
0
|
(3)
|
(3)
|
(3)
|
(1)
|
(10)
|
(7)
|
(5)
|
(5)
|
(6)
|
(9)
|
(11)
|
(15)
|
(6)
|
|
Income from Continuing Operations |
47
|
49
|
55
|
57
|
57
|
61
|
57
|
38
|
(4)
|
(28)
|
(45)
|
(38)
|
7
|
33
|
18
|
17
|
4
|
(5)
|
(44)
|
(67)
|
(80)
|
(73)
|
(40)
|
(31)
|
9
|
(3)
|
9
|
23
|
15
|
19
|
25
|
37
|
56
|
36
|
40
|
50
|
55
|
60
|
63
|
67
|
(118)
|
|
Net Income (Common) |
47
N/A
|
49
+4%
|
55
+13%
|
57
+2%
|
57
+1%
|
61
+7%
|
57
-6%
|
38
-33%
|
(4)
N/A
|
(28)
-647%
|
(45)
-58%
|
(38)
+15%
|
7
N/A
|
33
+356%
|
18
-46%
|
17
-7%
|
85
+408%
|
80
-6%
|
42
-48%
|
18
-58%
|
(76)
N/A
|
(73)
+3%
|
(40)
+45%
|
(31)
+22%
|
9
N/A
|
(3)
N/A
|
9
N/A
|
23
+152%
|
15
-34%
|
19
+28%
|
25
+31%
|
37
+46%
|
56
+51%
|
36
-36%
|
40
+12%
|
50
+24%
|
55
+10%
|
60
+9%
|
63
+5%
|
67
+7%
|
(118)
N/A
|