Prefer Sterling in Google
Add sterlingcharts.com as a preferred source so our charts can appear with a preferred badge in Google Top Stories, AI Mode, and AI Overviews.
Prefer Sterling in Google
Add sterlingcharts.com as a preferred source so our charts can appear with a preferred badge in Google Top Stories, AI Mode, and AI Overviews.
Register for a premium account to gain access to Sterling AI.
Get StartedThings you can ask Sterling:
| Date | Event | Source class |
|---|---|---|
| 2012 | Founded in Santa Clara (Sanjay Beri, Lebin Cheng) | Company history |
| 2021-07 | Series H $300 million at $7.5 billion | Company / Forge |
| 2025-09-18 | Nasdaq listing as NTSK; IPO priced at $19, about $7.3 billion | CNBC / company |
| 2026-03-11 | FY2026: $709 million revenue, $811 million ARR, first full-year FCF+ | Company earnings PR |
| 2026-06-03 | Q1 FY2027: $845 million ARR, $201.6 million revenue | Company earnings PR |
| Metric | Value | As of |
|---|---|---|
| Customers | 4,317 | End of July 2025 (IPO snapshot) |
| Countries | 90 | End of July 2025 |
| Employees | 2,910 | End of July 2025 |
| Fortune 100 on the platform | More than 30 of the Fortune 100 | FY2026 earnings about line |
| Event (date) | Amount / price | Valuation | Notes |
|---|---|---|---|
| Series H (2021-07) | $300 million | $7.5 billion post-money | ICONIQ, Accel, Lightspeed, Sequoia among backers |
| IPO pricing (2025-09-17) | $19 a share; $908.2 million raised | About $7.3 billion | Top of the $17 to $19 range |
| First-day close (2025-09-18) | Shares opened on Nasdaq: NTSK | About $8.79 billion market cap (Reuters) | 21% first-day move |
| Lock-up expiry (2026-03-13) | n/a | n/a | Opened the second trading day after FY2026 earnings |
| Module | What it covers | Notes |
|---|---|---|
| Netskope One / SSE | CASB, SWG, ZTNA, DLP on one policy engine | Core subscription; private peer to Zscaler before the IPO |
| NewEdge network | Private security cloud for performance plus inspection | Company differentiator vs on-prem SWG |
| AI Security suite (Mar 2026) | Agentic Broker, AI Gateway, AI Guardrails, AI Red Teaming | FY2026 earnings launch |
| NewEdge AI Fast Path | Optimized paths to public, private, and neo-cloud AI destinations | FY2026 earnings launch |
| Enterprise Browser / RBI / Private Access | Browser and isolation for unmanaged devices, expanded to iOS and Android | FY2026 earnings launch |
| DNSaaS and Data Lineage | Cloud DNS filtering and LLM-assisted data classification | FY2026 earnings launch |
| Period | Revenue | ARR | Free cash flow / notes |
|---|---|---|---|
| FY2026 (year ended 31 Jan 2026) | $709.0 million (+32%) | $811 million (+31%) | FCF $12.4 million; first full year FCF positive |
| Q4 FY2026 | $196.3 million (+32%) | $811 million period-end | Operating cash $18.1 million (9% of revenue) |
| Q1 FY2027 (ended 30 Apr 2026) | $201.6 million (+28%) | $845 million (+29%) | FY2027 revenue guide $879 to $883 million |
| Balance sheet (31 Jan 2026) | n/a | n/a | $1.2 billion cash, cash equivalents, and marketable securities |

$
Private SSE/SASE peer to Zscaler. 2025 round around $7.5B. The private comparison for cloud-SASE, not a listed multiple.