Netscout Systems vs Netgear
Netscout Systems is the larger business, with $859m of revenue in fiscal 2026 against $700m for Netgear (1.2 times as much). Netscout Systems grew faster (4.5% against 3.8%). Netscout Systems kept more of each dollar of sales as profit: a net margin of 11.1% against -2.6%.
| Latest fiscal year | Netscout SystemsNTCT, 2026 | NetgearNTGR, 2025 |
|---|---|---|
| Revenue | $859m | $700m |
| Revenue growth | 4.5% | 3.8% |
| Net income | $95.5m | −$17.9m |
| Operating margin | 12.8% | — |
| Net margin | 11.1% | -2.6% |
| Return on equity | 6.0% | -3.5% |
| Free cash flow | $285m | −$18.9m |
| Cash | $586m | $210m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $60.8m | $50.7m |
| Employees | 2,073 | 784 |
| Market value | $2.77bn | $596m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 59 (Moderate) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 12 sales |