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Red Flags Detected

  • Widening Net Losses and Accumulated Deficit of $2.9b (worsened) — Net loss increased to $110.8M in Q2 and $227.3M for six months, with accumulated deficit reaching $2.9B.
  • Substantial Indebtedness (new) — Company carries $476M in convertible notes and warns servicing debt may require significant cash.
  • Restructuring Plan (new) — 5% workforce reduction announced in June 2026 as part of AI-native transition.
NASDAQ: NTSK Netskope Inc 10-Q

revenue $220.5M, net income -$110.8M. Netskope's first 10-Q shows 29% revenue growth but losses widen on IPO stock comp

Filed September 2, 2026 · Period ending July 31, 2026 · ~1 min read

Key Changes

  • high

    Revenue rose 29% to $220.5M in Q2, but net loss widened to $110.8M from $90.3M a year earlier.

    MD&A: Results verify on EDGAR →
  • medium

    Company approved a restructuring plan in June 2026, cutting ~5% of workforce as it transitions to an AI-native business.

    Notes: Restructuring verify on EDGAR →
  • medium

    Dollar-based net retention fell to 114% from 118%, signaling slower expansion revenue from existing customers.

    MD&A: Metrics verify on EDGAR →

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify