Netskope Inc. Earnings Recaps
Q2 2027
Sep 4, 2026
Netskope shares rose 4.3% after earnings, as revenue of $221 million grew 29% year over year and came in ahead of the company’s guidance. ARR reached $899 million, up 27%, while operating margin improved 11 percentage points year over year to negative 9%.
Key takeaways
- Net new ARR was $54 million; net retention rate increased to 114%.
- Operating margin was negative 9%, significantly ahead of the company’s guided range, according to management.
- Netskope reported strong engagement and rapid pipeline generation for its recently announced AI security suite, but said it was early, with many deals still in proof of concept.
- Management cited a $336 billion total addressable market, including a $170 billion opportunity in AI security.