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NET FY 2025 request
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/api/financials?ticker=NET&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue | 2,167,937 | 1,669,626 | +29.8% |
Show Business Segments breakouts |
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| Reportable Segment | 2,167,937 | 1,669,626 | +29.8% |
Show Geography breakouts |
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| Asia Pacific | 329,760 | 223,234 | +47.7% |
| EMEA | 598,624 | 466,499 | +28.3% |
| Other | 166,557 | 130,393 | +27.7% |
| US | 1,072,996 | 849,500 | +26.3% |
Show Contract With Customer Sales Channel breakouts |
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| Sales Channel Directly To Consumer | 1,599,070 | 1,332,232 | +20.0% |
| Sales Channel Through Intermediary | 568,867 | 337,394 | +68.6% |
| Cost of Revenue | 552,525 | 378,702 | +45.9% |
| Gross Profit | 1,615,412 | 1,290,924 | +25.1% |
| Sales & Marketing | 920,817 | 745,791 | +23.5% |
| Research & Development | 512,489 | 421,374 | +21.6% |
| General & Administrative | 389,311 | 278,520 | +39.8% |
| Operating Expenses | 1,822,617 | 1,445,685 | +26.1% |
| Operating Income | -207,205 | -154,761 | -33.9% |
| Investment Income Nonoperating | 131,219 | 87,426 | +50.1% |
| Interest Expense | -8,766 | -5,196 | -68.7% |
| Other Non-Operating Income (Expense) | -7,954 | 1,660 | -579.2% |
| Non-Operating Income (Expense) | 114,499 | 83,890 | +36.5% |
| Income Before Taxes | -92,706 | -70,871 | -30.8% |
| Income Tax Expense (Benefit) | 9,561 | 7,929 | +20.6% |
| Net Income | -102,267 | -78,800 | -29.8% |
Show Business Segments breakouts |
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| Reportable Segment | -102,267 | -78,800 | -29.8% |
Show Equity Components breakouts |
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| Common Stock · Common Class A | -91,779 | -69,975 | -31.2% |
| Common Stock · Common Class B | -10,488 | -8,825 | -18.8% |
| Retained Earnings | -102,267 | -78,800 | -29.8% |
| EPS (Basic) | -0.29 | -0.23 | -26.1% |
Show Equity Components breakouts |
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| Common Stock · Common Class A | -0.29 | -0.23 | -26.1% |
| Common Stock · Common Class B | -0.29 | -0.23 | -26.1% |
| EPS (Diluted) | -0.29 | -0.23 | -26.1% |
Show Equity Components breakouts |
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| Common Stock · Common Class A | -0.29 | -0.23 | -26.1% |
| Common Stock · Common Class B | -0.29 | -0.23 | -26.1% |
| Wtd Avg Shares (Basic) | 348,421 | 341,411 | +2.1% |
Show Equity Components breakouts |
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| Common Stock · Common Class A | 312,687 | 303,175 | +3.1% |
| Common Stock · Common Class B | 35,734 | 38,236 | -6.5% |
| Wtd Avg Shares (Diluted) | 348,421 | 341,411 | +2.1% |
Show Equity Components breakouts |
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| Common Stock · Common Class A | 312,687 | 303,175 | +3.1% |
| Common Stock · Common Class B | 35,734 | 38,236 | -6.5% |
| Comprehensive Income | -85,755 | -85,037 | -0.8% |
| Other Comprehensive Income | 16,512 | -6,237 | +364.7% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 16,512 | -6,237 | +364.7% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | 17,133 | -4,494 | +481.2% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 943,536 | 147,691 | +538.9% |
Show Fair Value Hierarchy breakouts |
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| Fair Value Inputs Level1 · Money Market Funds | 587,823 | 102,804 | +471.8% |
Show Cash And Cash Equivalents breakouts |
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| Cash | 68,297 | 51,410 | +32.8% |
| Available For Sale Securities Debt Securities Current | 3,157,715 | 1,708,228 | +84.9% |
| Accounts Receivable | 382,488 | 316,753 | +20.8% |
| Contract With Customer Asset Net Current | 23,531 | 16,568 | +42.0% |
| Restricted Cash Current | 9,364 | 4,273 | +119.1% |
| Prepaid Expenses & Other Current Assets | 128,203 | 75,484 | +69.8% |
| Total Current Assets | 4,644,837 | 2,268,997 | +104.7% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 618,691 | 467,420 | +32.4% |
Show Geography breakouts |
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| Non Us | 320,435 | 233,602 | +37.2% |
| US | 298,256 | 233,818 | +27.6% |
| Goodwill | 226,563 | 181,087 | +25.1% |
| Intangible Assets | 41,799 | 21,865 | +91.2% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 11,567 | 7,612 | +52.0% |
| Developed Technology Rights | 26,134 | 14,253 | +83.4% |
| Other Intangible Assets | 4,098 | — | — |
| Operating Lease Right-of-Use Assets | 237,646 | 168,379 | +41.1% |
| Capitalized Contract Cost Net Noncurrent | 219,499 | 172,217 | +27.5% |
| Restricted Cash Noncurrent | 1,457 | 2,250 | -35.2% |
| Other Non-Current Assets | 45,764 | 18,947 | +141.5% |
| Total Assets | 6,036,256 | 3,301,162 | +82.9% |
| Current Liabilities | |||
| Accounts Payable | 84,115 | 105,807 | -20.5% |
| Accrued Liabilities And Other Liabilities Current | 109,054 | 81,602 | +33.6% |
| Employee Related Liabilities Current | 111,005 | 80,854 | +37.3% |
| Operating Lease Liability Current | 70,901 | 47,626 | +48.9% |
| Deferred Revenue (Current) | 684,207 | 477,765 | +43.2% |
| Convertible Debt Current | 1,291,281 | — | — |
Show Debt Instrument breakouts |
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| 2026 Notes · Convertible Debt | 1,291.3 | — | — |
| Total Current Liabilities | 2,350,563 | 793,654 | +196.2% |
| Non-Current Liabilities | |||
| Convertible Debt Noncurrent | 1,974,120 | 1,287,321 | +53.4% |
| Operating Lease Liabilities | 182,025 | 128,266 | +41.9% |
| Contract With Customer Liability Noncurrent | 41,088 | 22,095 | +86.0% |
| Other Non-Current Liabilities | 29,337 | 23,625 | +24.2% |
| Total Liabilities | 4,577,133 | 2,254,961 | +103.0% |
| Long-Term Debt (Q) | — | — | — |
Show Debt Instrument breakouts |
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| 2030 Notes · Convertible Debt | 1,974,120 | — | — |
| Stockholders' Equity | |||
| Common Stock (Q) | — | — | — |
Show Statement Class Of Stock breakouts |
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| Common Class A | 317 | 307 | +3.3% |
| Common Class B | 34 | 37 | -8.1% |
| Additional Paid-In Capital | 2,651,420 | 2,152,750 | +23.2% |
| Retained Earnings | -1,204,907 | -1,102,640 | -9.3% |
| Accumulated Other Comprehensive Income | 12,259 | -4,253 | +388.2% |
| Total Stockholders' Equity | 1,459,123 | 1,046,201 | +39.5% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 12,259 | -4,253 | +388.2% |
| Additional Paid In Capital | 2,651,420 | 2,152,750 | +23.2% |
| Common Stock · Common Class A | 317 | 307 | +3.3% |
| Common Stock · Common Class B | 34 | 37 | -8.1% |
| Retained Earnings | -1,204,907 | -1,102,640 | -9.3% |
| Total Liabilities & Equity | 6,036,256 | 3,301,162 | +82.9% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 189,742 | 127,722 | +48.6% |
| Operating Lease Cost Noncash | 66,427 | 49,476 | +34.3% |
| Capitalized Contract Cost Amortization | 101,623 | 77,822 | +30.6% |
| Stock-Based Compensation | 451,454 | 338,461 | +33.4% |
| Amortization of Financing Costs | 7,070 | 3,959 | +78.6% |
Show Debt Instrument breakouts |
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| 2026 Notes · Convertible Debt | 3,960 | 3,959 | 0.0% |
| 2030 Notes · Convertible Debt | 3,110 | — | — |
| Accretion Amortization Of Discounts And Premiums Investments | -29,897 | -42,081 | +29.0% |
| Deferred Income Taxes | 1,333 | 2,111 | -36.9% |
| Provision For Doubtful Accounts | 14,989 | 10,038 | +49.3% |
| Other Operating Activities Cash Flow Statement | -38 | 643 | -105.9% |
| Change in Accounts Receivable | -80,595 | -78,523 | -2.6% |
| Increase Decrease In Contract With Customer Asset | -4,507 | -5,527 | +18.5% |
| Increase Decrease In Capitalized Contract Cost | -148,905 | -116,803 | -27.5% |
| Change in Prepaid & Other Assets | -79,995 | -38,227 | -109.3% |
| Increase Decrease In Other Noncurrent Assets | 6,792 | 2,170 | +213.0% |
| Change in Accounts Payable | 8,864 | 18,626 | -52.4% |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | 15,422 | 9,900 | +55.8% |
| Increase Decrease In Employee Related Liabilities | 26,675 | 18,742 | +42.3% |
| Increase Decrease In Operating Lease Liabilities | -63,757 | -55,248 | -15.4% |
| Change in Deferred Revenue | 223,815 | 135,008 | +65.8% |
| Change in Other Liabilities | -1,131 | 960 | -217.8% |
| Net Cash from Operations | 603,114 | 380,429 | +58.5% |
| Investing Activities | |||
| Capital Expenditures | -315,617 | -185,037 | -70.6% |
| Payments To Acquire Intangible Assets | -26,935 | -28,477 | +5.4% |
| Payments To Acquire Business And Assets Net Of Cash Acquired | -50,884 | -37,991 | -33.9% |
| Purchases of Investments | -3,537,085 | -1,572,113 | -125.0% |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 2,121,993 | 1,493,356 | +42.1% |
| Other Investing Activities | 1,828 | 38 | +4710.5% |
| Net Cash from Investing | -1,806,700 | -330,224 | -447.1% |
| Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount | 12,020 | 10,839 | +10.9% |
| Business Combination And Asset Acquisition Indemnity Holdback Consideration | 7,825 | 6,523 | +20.0% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 130,131 | 71,773 | +81.3% |
| Financing Activities | |||
| Proceeds From Settlement Of Capped Call | 309,616 | — | — |
| Proceeds From Convertible Debt | 2,000,000 | — | — |
| Payments For Capped Call | -283,400 | — | — |
| Debt Issuance Costs | -29,004 | — | — |
| Proceeds From Stock Options Exercised | 33,123 | 12,905 | +156.7% |
| Proceeds From Issuance Of Common Stock | 25,435 | 19,796 | +28.5% |
| Tax Withholding for Share Compensation | -48,254 | -16,774 | -187.7% |
| Payment Of Indemnity Holdback | -3,787 | -1,000 | -278.7% |
| Net Cash from Financing | 2,003,729 | 12,785 | +15572.5% |
| Supplemental | |||
| Interest Paid | 29 | 75 | -61.3% |
| Income Taxes Paid | 7,767 | 4,995 | +55.5% |
Show Income Tax Authority breakouts |
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| AU | 0.7 | — | — |
| BR | 1.2 | — | — |
| CA | 0.4 | — | — |
| DE | 0.5 | — | — |
| FR | 0.5 | — | — |
| IN | 0.9 | — | — |
| SG | 1 | — | — |
| Cash Paid For Operating Lease Liabilities | 70,859 | 51,387 | +37.9% |
| Unpaid Capital Expenditures | 26,351 | 57,241 | -54.0% |
| Other Cash Flow | |||
| Net Change in Cash | 800,143 | 62,990 | +1170.3% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 954,357 | 154,214 | +518.9% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.