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Side-by-side financial comparison of NETSCOUT SYSTEMS INC (NTCT) and Regency Centers (REG). Click either name above to swap in a different company.

Regency Centers is the larger business by last-quarter revenue ($404.2M vs $250.7M, roughly 1.6× NETSCOUT SYSTEMS INC). Regency Centers runs the higher net margin — 50.1% vs 22.0%, a 28.1% gap on every dollar of revenue. On growth, Regency Centers posted the faster year-over-year revenue change (8.5% vs -0.5%). Over the past eight quarters, NETSCOUT SYSTEMS INC's revenue compounded faster (11.0% CAGR vs 5.4%).

NETSCOUT Systems, Inc. is an American technology company that specializes in software observability, deep packet inspection, DDoS mitigation and AIOps. Headquartered in Westford, Massachusetts, the company was founded in 1984 by Anil Singhal and Narendra Popat, originally under the name Frontier Software.

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

NTCT vs REG — Head-to-Head

Bigger by revenue
REG
REG
1.6× larger
REG
$404.2M
$250.7M
NTCT
Growing faster (revenue YoY)
REG
REG
+9.0% gap
REG
8.5%
-0.5%
NTCT
Higher net margin
REG
REG
28.1% more per $
REG
50.1%
22.0%
NTCT
Faster 2-yr revenue CAGR
NTCT
NTCT
Annualised
NTCT
11.0%
5.4%
REG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
NTCT
NTCT
REG
REG
Revenue
$250.7M
$404.2M
Net Profit
$55.1M
$202.5M
Gross Margin
81.6%
Operating Margin
25.7%
71.0%
Net Margin
22.0%
50.1%
Revenue YoY
-0.5%
8.5%
Net Profit YoY
13.0%
134.1%
EPS (diluted)
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NTCT
NTCT
REG
REG
Q4 25
$250.7M
$404.2M
Q3 25
$219.0M
$387.6M
Q2 25
$186.7M
$380.8M
Q1 25
$205.0M
$380.9M
Q4 24
$252.0M
$372.5M
Q3 24
$191.1M
$360.3M
Q2 24
$174.6M
$357.3M
Q1 24
$203.4M
$363.9M
Net Profit
NTCT
NTCT
REG
REG
Q4 25
$55.1M
$202.5M
Q3 25
$25.8M
$109.4M
Q2 25
$-3.7M
$106.0M
Q1 25
$18.6M
$109.6M
Q4 24
$48.8M
$86.5M
Q3 24
$9.0M
$101.5M
Q2 24
$-443.4M
$102.7M
Q1 24
$-32.4M
$109.8M
Gross Margin
NTCT
NTCT
REG
REG
Q4 25
81.6%
Q3 25
80.1%
Q2 25
76.7%
Q1 25
77.7%
Q4 24
81.5%
Q3 24
78.0%
Q2 24
74.6%
Q1 24
75.3%
Operating Margin
NTCT
NTCT
REG
REG
Q4 25
25.7%
71.0%
Q3 25
14.8%
72.7%
Q2 25
-3.5%
73.8%
Q1 25
9.7%
71.8%
Q4 24
24.5%
71.1%
Q3 24
7.4%
72.5%
Q2 24
-265.4%
72.3%
Q1 24
-18.2%
72.3%
Net Margin
NTCT
NTCT
REG
REG
Q4 25
22.0%
50.1%
Q3 25
11.8%
28.2%
Q2 25
-2.0%
27.8%
Q1 25
9.1%
28.8%
Q4 24
19.4%
23.2%
Q3 24
4.7%
28.2%
Q2 24
-254.0%
28.7%
Q1 24
-15.9%
30.2%
EPS (diluted)
NTCT
NTCT
REG
REG
Q4 25
$0.75
Q3 25
$0.35
Q2 25
$-0.05
Q1 25
$0.28
Q4 24
$0.67
Q3 24
$0.13
Q2 24
$-6.20
Q1 24
$-0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NTCT
NTCT
REG
REG
Cash + ST InvestmentsLiquidity on hand
$540.6M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$1.6B
$6.9B
Total Assets
$2.3B
$13.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTCT
NTCT
REG
REG
Q4 25
$540.6M
Q3 25
$483.4M
Q2 25
$489.6M
Q1 25
$457.4M
Q4 24
$398.4M
Q3 24
$363.4M
Q2 24
$362.2M
Q1 24
$389.7M
Total Debt
NTCT
NTCT
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
NTCT
NTCT
REG
REG
Q4 25
$1.6B
$6.9B
Q3 25
$1.6B
$6.8B
Q2 25
$1.5B
$6.7B
Q1 25
$1.6B
$6.7B
Q4 24
$1.5B
$6.7B
Q3 24
$1.5B
$6.8B
Q2 24
$1.4B
$6.8B
Q1 24
$1.9B
$7.0B
Total Assets
NTCT
NTCT
REG
REG
Q4 25
$2.3B
$13.0B
Q3 25
$2.2B
$13.1B
Q2 25
$2.2B
$12.7B
Q1 25
$2.2B
$12.6B
Q4 24
$2.2B
$12.4B
Q3 24
$2.1B
$12.4B
Q2 24
$2.1B
$12.4B
Q1 24
$2.6B
$12.7B
Debt / Equity
NTCT
NTCT
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTCT
NTCT
REG
REG
Operating Cash FlowLast quarter
$62.1M
$203.9M
Free Cash FlowOCF − Capex
$59.3M
FCF MarginFCF / Revenue
23.6%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.13×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$275.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTCT
NTCT
REG
REG
Q4 25
$62.1M
$203.9M
Q3 25
$6.7M
$218.7M
Q2 25
$73.6M
$244.0M
Q1 25
$141.5M
$161.0M
Q4 24
$41.5M
$191.4M
Q3 24
$-3.7M
$227.6M
Q2 24
$38.4M
$203.5M
Q1 24
$93.6M
$167.8M
Free Cash Flow
NTCT
NTCT
REG
REG
Q4 25
$59.3M
Q3 25
$4.4M
Q2 25
$71.7M
Q1 25
$140.1M
Q4 24
$39.6M
Q3 24
$-4.6M
Q2 24
$37.2M
Q1 24
$92.0M
FCF Margin
NTCT
NTCT
REG
REG
Q4 25
23.6%
Q3 25
2.0%
Q2 25
38.4%
Q1 25
68.4%
Q4 24
15.7%
Q3 24
-2.4%
Q2 24
21.3%
Q1 24
45.2%
Capex Intensity
NTCT
NTCT
REG
REG
Q4 25
1.1%
Q3 25
1.0%
Q2 25
1.0%
Q1 25
0.7%
Q4 24
0.7%
Q3 24
0.5%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
NTCT
NTCT
REG
REG
Q4 25
1.13×
1.01×
Q3 25
0.26×
2.00×
Q2 25
2.30×
Q1 25
7.60×
1.47×
Q4 24
0.85×
2.21×
Q3 24
-0.41×
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NTCT
NTCT

Services$129.0M51%
Products$121.7M49%

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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