A system and method for determination of code coverage for software applications in a network environment. In accordance with an embodiment, a software application can be instrumented by a code coverage tool to contain instructions for tracing executed code, and sending collected data to a network grabber at an indicated network address or port. A code coverage tool enables tests to be run on an instrumented software application. A network grabber receives, at a network address or port, code coverage data from one or more application tests.