Netskope Announces Strong Fiscal First Quarter 2027 Financial Results
View original at globenewswire.comNetskope Announces Strong Fiscal First Quarter 2027 Financial Results Annual Recurring Revenue increased 29% year-over-year to $845 millionQ1 revenue increased 28% year-over-year to $202 million SANTA CLARA, Calif., June 03, 2026 (GLOBE NEWSWIRE) -- Netskope, Inc…
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Thousands of customers, including more than 30 of the Fortune 100, trust the Netskope One platform
60% confidenceNetskope is empowering customers to close the AI Security Gap without compromising performance; deep technological moat differentiates from competitors and positions company for massive market opportunity created by the AI Supercycle
60% confidenceDrew Del Matto announced intention to retire following distinguished 40-year career, including seven years at Netskope; will remain as CFO during search for successor then transition to advisory role
60% confidenceNetskope full year FY2027 guidance: total revenue of $879M to $883M (approximately 24% to 25% growth YoY); non-GAAP gross margin ~77%; non-GAAP operating margin -9.5% to -10.0%; non-GAAP net loss per share ($0.18); free cash flow margin 2% to 4%
60% confidenceNetskope's fundamental right to win is rooted in the AI-native fabric of its extensive Netskope One platform, providing semantic intent and context needed to secure broad AI usage including autonomous agents at scale
60% confidenceThe rise of AI is exponentially increasing the pace and potency of attacks and the misuse of sensitive data, while most organizations deploying agents have little or no policy controls in place to do so securely
60% confidenceNetskope started fiscal year 2027 with strong ARR growth of 29% year-over-year, a testament to the critical role Netskope plays in securing the modern enterprise
60% confidenceNetskope guidance for Q2 FY2027: revenue of $213M to $215M representing approximately 25% to 26% growth year-over-year; non-GAAP operating margin of approximately -14% to -15%; non-GAAP net loss per share of ($0.06) to ($0.07)
60% confidence