Netskope Inc

Netskope announced significant performance results for its NewEdge AI Fast Path technology, which optimizes network paths to AI destinations. The innovation reduces latency by as much as 90%, accelerating complex AI workflows and improving LLM performance. This enhancement addresses the growing challenge faced by over 80% of I&O leaders who are not confident in their ability to meet the intensifying network demands of the AI era.

Netskope announced an upcoming integration with Amazon Bedrock AgentCore, a platform for building and optimizing AI agents. This collaboration will extend Netskope's security controls, specifically Netskope One AI Guardrails, into agentic workflows, providing detection capabilities such as prompt injection detection, sensitive data exposure protection, and toxic output filtering. The integration aims to enable deterministic, automated enforcement of security policies at the gateway, allowing enterprises to deploy AI agents with greater confidence. This is Netskope's latest advancement in securing AI workloads for AWS customers, building on existing collaborations with Anthropic and OpenAI.

Netskope launched its Catalyst MSP/SP Program, a comprehensive partner enablement platform designed to help managed service providers (MSPs) sell Netskope SASE services with flexible pricing. The program introduces the Netskope Partner Orchestrator, a self-service solution enabling MSPs to provision customer environments in under 15 minutes and accelerate revenue generation. This initiative aims to capitalize on the growing demand for cybersecurity services and unified SASE platforms, with 50% of new SASE deployments expected to be single-vendor by 2028.

Netskope reported its first-quarter results for 2026, with revenue increasing to $201.6 million from $157.7 million in the prior year. Despite the revenue growth, the company's net loss widened to $(116.5) million, compared to a net loss of $(79.2) million in Q1 2025, primarily due to a significant increase in operating expenses. Cash used in operating activities also shifted to a negative $(53.9) million from positive cash flow in the previous year.

Netskope announced its first quarter fiscal 2027 financial results, reporting a 28% year-over-year increase in revenue to $201.6 million and a 29% rise in Annual Recurring Revenue (ARR) to $845 million. The company also announced the planned retirement of its Chief Financial Officer, Drew Del Matto, who will remain until a successor is found. While gross margins improved, the company saw a widening GAAP loss from operations and a shift from positive to negative cash flow from operations compared to the prior year.

Netskope reported strong financial results for the first quarter of fiscal year 2027, with Annual Recurring Revenue (ARR) increasing 29% year-over-year to $845 million and Q1 revenue growing 28% to $201.6 million. The company also launched new AI-native security products and expanded partnerships with Deloitte, Anthropic, and OpenAI to enhance its AI security offerings. Additionally, CFO Drew Del Matto announced his planned retirement, with a search for his successor underway. Netskope provided an optimistic outlook, projecting continued revenue growth for Q2 and the full fiscal year 2027.

Netskope announced its participation in Project Glasswing, a collaboration with Anthropic utilizing its advanced AI model, Mythos Preview, to identify code vulnerabilities at unprecedented speed and scale. This initiative highlights Netskope's commitment to securing the rapidly expanding use of AI in enterprises, where organizations have seen a fivefold increase in AI applications and over 220 AI data policy violations monthly. Netskope, recognized as a leader in AI-ready enterprise infrastructure defense, will continue to share findings with the Glasswing coalition and the cybersecurity community, reinforcing its role as a global inline inspection point for AI and enterprise traffic.

Netskope announced the Netskope One AI Command Center, an expansion of its AI Security suite, designed to address the critical challenges security teams face with rapidly growing AI application adoption. The platform delivers comprehensive AI discovery, unified risk intelligence, and autonomous agentic response within a single unified platform. It helps identify AI assets, map connections, surface hidden attack paths, and recommend remediation, integrating new endpoint and server AI discovery components, and a new AgentSkope AI Risk AISecOps agent.

Netskope announced significant enhancements to its NewEdge Network infrastructure, setting a new industry benchmark for data sovereignty coverage among SASE cloud providers. The updated architecture now offers national data localization features, including network transport, data processing, and metadata governance, in all major global regions, with rapid expansion capabilities and third-party validation for compliance. The NewEdge Network has expanded to over 120 data centers across more than 80 regions and includes the NewEdge AI Fast Path for optimized AI workload performance.

Netskope, Inc. announced its annual meeting of stockholders will be held virtually on July 7, 2026, at 11:00 a.m. Pacific Time. Stockholders will vote on the election of two Class I directors, Sanjay Beri and Arif Janmohamed, to serve until the 2029 annual meeting, and the ratification of KPMG LLP as the independent registered public accounting firm for fiscal year ending January 31, 2027. The record date for voting is May 11, 2026.