Netskope Inc
For the period ended Jul 31, 2026. Filed Sep 2, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 31, 2026 · Filed Sep 2, 2026
NTSK$21.44-4.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| Six Months Ended July 31, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| Cash flows from operating activities | |||
| Net loss | $(227,313) | $(169,543) | |
| Adjustments to reconcile net loss to net cash (used in) provided by operating activities: | |||
| Stock-based compensation expense | 139,000 | 17,642 | |
| Depreciation and amortization | 20,647 | 25,497 | |
| Amortization of deferred contract acquisition costs | 31,944 | 25,347 | |
| Non-cash operating lease expenses | 7,499 | 6,532 | |
| (Accretion of discount) amortization of premium on investments | (4,737) | (454) | |
| Loss on changes in fair value of convertible notes | 38,753 | 77,402 | |
| Other | (13) | 210 | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (29,693) | 47,793 | |
| Inventories | 60 | 113 | |
| Deferred contract acquisition costs | (41,522) | (34,320) | |
| Prepaid expenses and other current assets | 587 | (6,831) | |
| Other non-current assets | 2,009 | 1,769 | |
| Accounts payable | 10,110 | 4,535 | |
| Accrued compensation and benefits | (23,338) | (7,194) | |
| Operating lease liabilities | (7,742) | (5,917) | |
| Accrued expenses and other current liabilities | 7,338 | 8,939 | |
| Deferred revenue | (5,183) | 16,070 | |
| Other non-current liabilities | 11,142 | 1,124 | |
| Net cash (used in) provided by operating activities | (70,452) | 8,714 | |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (15,162) | (9,038) | |
| Capitalized internal-use software | (1,349) | (1,873) | |
| Purchases of intangible assets | (2,300) | - | |
| Purchases of marketable securities | (689,633) | (22,386) | |
| Proceeds from maturities of marketable securities | 568,090 | 52,901 | |
| Net cash (used in) provided by investing activities | (140,354) | 19,604 | |
| Cash flows from financing activities | |||
| Proceeds from issuance of common stock under employee stock purchase plan | 12,272 | - | |
| Proceeds from issuance of common stock upon exercise of stock options | 15,299 | 21,257 | |
| Payments for withholding taxes upon settlement of equity awards | (28,403) | - | |
| Payments for holdback consideration on business combination | (981) | (1,197) | |
| Payments for deferred offering costs | - | (3,579) | |
| Net cash (used in) provided by financing activities | (1,813) | 16,481 | |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | (212,619) | 44,799 | |
| Cash, cash equivalents, and restricted cash, beginning of period | 433,769 | 167,197 | |
| Cash, cash equivalents, and restricted cash, end of period | $221,150 | $211,996 | |
| Supplemental disclosure of cash flow information: | |||
| Cash paid for amount included in the measurement of operating lease liabilities | $8,604 | $7,644 | |
| Non-cash investing and financing activities: | |||
| Stock-based compensation capitalized in internal-use software | $520 | $39 | |
| Property and equipment purchased but not yet paid | $2,708 | $278 | |
| Vesting of early exercised stock options | $ | - | $458 |
| Deferred offering costs accrued but not yet paid | $ | - | $448 |
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