Netskope FY27 Q2 net loss per share narrows to $(0.27); revenue rises 29% year-over-year to $220.5 million
NTSK•Q2 results show revenue growth and narrower loss per share
Netskope posted Q2 fiscal 2027 revenue of $220.5 million, up 29% year over year; annual recurring revenue (ARR) climbed 27% to $899 million.
GAAP net loss narrowed to $110.82 million, or $(0.27) per share; GAAP operating loss widened to $89.8 million.
GAAP gross margin improved 2 percentage points to 74%.
Non-GAAP operating loss narrowed to $19.32 million; free cash flow fell to $(29.8) million, a (14)% margin.
Management highlights demand for Netskope One and AI Security
CEO Sanjay Beri cited demand for the Netskope One platform and early traction in AI Security.
For Q3, the company forecast revenue of $227 million to $229 million.
