1. MARKETS
  2. SECTOR : HARDWARE TECHNOLOGY & EQUIPMENT
  3. INDUSTRY : COMPUTER PERIPHERALS
  4. NETAPP INC
231.05-4.72(-2.00%)
2.3M
XNAS Volume

XNAS 08 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

Dividend
NetApp last dividend of $0.520 per share was given on 09 Oct 2026See details

NetApp quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for NetApp share price target, revenues, EPS, net income and more

NetApp quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue NetApp Jul-2026 Quarterly Revenue is $2,025 Million which is growth of 29.9% YoY.

  • POSITIVE

    Quarterly Net Profit NetApp Jul-2026 Quarterly Net Profit is $375 Million which is growth of 60.9% YoY.

Netapp Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJul '26Apr '26Jan '26Oct '25Jul '25Apr '25Jan '25Oct '24Jul '24Apr '24Jan '24Oct '23Jul '23
Operating Rev.
2,0251,9481,7131,7051,5591,7321,6411,6581,5411,6681,6061,5621,432
Cost Of Rev.
606583504478461539496481443492455452436
Gross Profit
1,4191,3651,2091,2271,0981,1931,1451,1771,0981,1761,1511,110996
⌄
879834778805787799772819798809769798789
Operating Profit
540531431422311394373358300367382312207
4-3-11788122016101012
Profit Before Tax
484518433393304354370360299380382315186
Tax
1091149988711471615189698237
⌄
375404334305233340299299248291313233149
Diluted NI Avail to Com Stockholders Ann.
375404334305233340299299248291313233149
Basic EPS
1.92.11.71.51.21.71.51.51.21.41.51.10.7
Diluted EPS After ExtraOrdinary
2.121.71.61.21.91.51.51.21.41.51.10.8
Number Of Shares End
196199198199201201204204206205206208212
Net Income Continuing Discontinued Operations
375404334305233340299299248291313233149
Normalized Income
418.4403.2331.7322.9234.5384.2307.9309.8262.9291.8326.1238.9172.2
Interest Income
33252527362920273632272528
Interest
29282626292112151616171516
Net Interest Income
4-3-11788122016101012
EBIT
513546459419333375382375315396399330202
EBITDA
546595507471384428446438378460462394266
Reconciled Cost Of Rev.
606583504478461539496481443492455452436
Reconciled Depr.
33494852515364636364636464
Profit From Continuing Operations
375404334305233340299299248291313233149
Normalized EBITDA
602594504494386474457451396461478402295
*All financials are in USD Million and price data in USD

NetApp competitor comparison and performance snapshot within industry

NetApp annual results: revenue, profit, P&L, and margins as of Apr 2026 – 11 year history

  • POSITIVE

    Annual Revenue NetApp Apr-2026 Annual Revenue is $6,925 Million which is growth of 5.4% YoY.

  • POSITIVE

    Annual Net Profit NetApp Apr-2026 Annual Net Profit is $1,276 Million which is growth of 7.6% YoY.

Netapp Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMApr '26Apr '25Apr '24Apr '23Apr '22Apr '21Apr '20Apr '19Apr '18Apr '17Apr '16
2.9%
3.8%
 6,9256,5726,2686,3626,3185,7445,4126,1465,9115,5195,546
Cost Of Rev. Ann.
-2%
1%
2,1712,0261,9591,8352,1532,0981,9291,7892,2012,2122,1292,173
Gross Profit Ann.
5.2%
5.1%
5,2204,8994,6134,4334,2094,2203,8153,6233,9453,6993,3903,373
Operating Exp. Ann.
1.7%
2.1%
3,2963,2043,1883,1653,0503,0172,8822,6952,7622,7922,6832,960
Operating Profit Ann.
13.5%
12.7%
1,9241,6951,4251,2681,1591,2039339281,183907707413
26%
-
1448482-66-65-73017-8-3
Other Exp. Ann.
-
-
 -51-90-53-95-42942355242-34-65
PBT Ann.
15.6%
11.4%
1,8281,6481,3831,2631,0661,0959629441,2681,166665345
Tax Ann.
-
9.9%
410372197277-208158232125991,090156116
⌄
0.1%
11.8%
1,4181,2761,1869861,2749377308191,16976509229
Diluted NI Avail to Com Stockholders Ann.
0.1%
11.8%
1,4181,2761,1869861,2749377308191,16976509229
EPS Ann.
2.7%
14.2%
 6.45.84.75.94.23.33.64.60.31.90.8
Diluted EPS Ann.
3.3%
14.9%
 6.45.74.65.84.13.23.54.50.31.80.8
Number Of Shares End
-2.4%
-2.2%
 199201205214223222221245265269285
Total Exp. Ann.
0.2%
1.7%
 5,2305,1475,0005,2035,1154,8114,4844,9635,0044,8125,133
Net Income Continuing Discontinued Operations Ann.
0.1%
11.8%
1,4181,2761,1869861,2749377308191,16976509229
Normalized Income Ann.
-2.3%
14.5%
1,476.11,292.31,261.51,028.21,385.4976.6655.6804.21,134-83.1541.1272.2
Interest Income Ann.
17.9%
65.9%
11011311211269794888794446
Interest Ann.
17.6%
8.1%
10910964646773745558625249
EBITDA Ann.
12.3%
9.5%
2,1191,9571,6901,5821,3811,3621,2431,1921,5231,426943673
Reconciled Cost Of Rev. Ann.
-2%
1%
2,1712,0261,9591,8352,1532,0981,9291,7892,2012,2122,1292,173
Reconciled Depr. Ann.
-6.9%
-0.7%
182200243255248194207193197198226279
Profit From Continuing Operations Ann.
0.1%
11.8%
1,4181,2761,1869861,2749377308191,16976509229
Normalized EBITDA Ann.
9.1%
11.6%
2,1941,9781,7781,6361,5221,4081,1451,1751,4851,208985738
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
5.4%
2Y CAGR
5.1%
3Y CAGR
2.9%
5Y CAGR
3.8%
7Y CAGR
1.7%
10Y CAGR
2.2%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
7.6%
2Y CAGR
13.8%
3Y CAGR
0.1%
5Y CAGR
11.8%
7Y CAGR
1.3%
10Y CAGR
18.7%
Net Profit Annual growth is stable compared to historical averages.
Operating Exp. Ann.
1Y CHG
0.5%
2Y CAGR
0.6%
3Y CAGR
1.7%
5Y CAGR
2.1%
7Y CAGR
2.1%
10Y CAGR
0.8%
Operating Expenses Annual Cr growth is lower than historical averages.

NetApp balance sheet as of Apr 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund NetApp Apr-2026 Total Shareholders Fund is $1,351 Million which is growth of 29.9% YoY.

  • NEGATIVE

    Total Assets NetApp Apr-2026 Total Assets is $10,744 Million which is growth of -0.7% YoY.

Netapp Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsApr '26Apr '25Apr '24Apr '23Apr '22Apr '21Apr '20Apr '19Apr '18Apr '17Apr '16
3%
2.8%
10,74410,8239,8879,81810,0269,3607,5228,7419,8659,49310,037
⌄
2.7%
1.6%
9,3939,7838,7418,6599,1888,6757,2807,6517,7986,7137,156
⌄
5.2%
14.5%
1,3511,0401,1461,1598386852421,0902,0672,7802,881
Total Capitalization Ann.
2.7%
3%
3,8383,5253,1383,5483,2243,3171,3882,2343,6083,5244,371
Tangible Assets Ann.
-
-
-1,443-1,726-1,737-1,781-1,650-1,455-1,580-6922349651,025
Working Capital Ann.
13.1%
-7.2%
1,7551,1897911,2131,9922,5496581,7433,2332,0762,786
Invested Capital Ann.
2.7%
3%
3,8384,2753,5383,5483,4743,3171,9102,8833,9934,7735,220
Tangible Book Value Ann.
-
-
-1,443-1,726-1,737-1,781-1,650-1,455-1,580-6922349651,025
Borrowings Ann.
0.6%
-0.1%
2,7333,4912,6522,6842,9402,7521,8121,7931,9262,1232,339
Net Debt Ann.
78.8%
-
41749348973-------
Share Issued Ann.
-2.6%
-2.5%
196201206.4212220222219240263269281
Number Of Shares End
-2.4%
-2.2%
199201205214223222221245265269285
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
-0.7%
2Y CAGR
4.2%
3Y CAGR
3%
5Y CAGR
2.8%
7Y CAGR
3%
10Y CAGR
0.7%
Total Assets Annual is falling faster than historical averages.
Total Current Liabilities Ann.
1Y CHG
-13.7%
2Y CAGR
-1%
3Y CAGR
5.1%
5Y CAGR
3.1%
7Y CAGR
0.6%
10Y CAGR
0.9%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
29.9%
2Y CAGR
8.6%
3Y CAGR
5.2%
5Y CAGR
14.5%
7Y CAGR
3.1%
10Y CAGR
-7.3%
Total ShareHolders Funds Annual growth is higher than historical averages.

NetApp ROE, ROCE, book value, and debt-to-equity ratio as of Apr 2026 – 11 year history

  • POSITIVE

    Book Value Per Share NetApp Book Value Per Share is $7 which is growth of 40.8% YoY.

  • POSITIVE

    ROE NetApp ROE is 107% which is growth of 1.8% YoY.

Netapp Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsApr '26Apr '25Apr '24Apr '23Apr '22Apr '21Apr '20Apr '19Apr '18Apr '17Apr '16
RoA Ann. %
-2.7%
6.5%
11.83%11.45%10.01%12.84%9.67%8.65%10.07%12.57%0.79%5.21%2.36%
ROE Ann. %
-5.8%
-7.5%
106.73%108.51%85.55%127.59%123.05%157.50%122.97%74.06%3.14%17.98%7.28%
ROIC %
18.1%
-0.4%
10.28.67.56.27.210.49.313.56.34-0.1
OPM Ann. %
10.3%
8.6%
24.48%21.68%20.23%18.22%19.04%16.24%17.15%19.25%15.34%12.81%7.45%
Inventory Turnover Ratio Ann.
-3%
-6.6%
10.610.510.411.613.214.91317.115.316.317.8
Asset Turnover Ann. %
0%
-3%
0.60.60.60.60.70.70.70.70.60.60.6
Working Capital Turnover Ann.
-8.4%
11.7%
45.57.95.23.22.38.23.51.82.72
Quick Ratio Ann.
0%
-5.6%
1.21.111.21.41.61.11.31.81.41.7
Current Ratio Ann.
0%
-3.8%
1.41.31.21.41.51.71.21.51.91.51.8
Interest Coverage Ratio Ann.
-1.6%
2.8%
16.122.620.716.9161418.222.919.813.88
LT Debt To Equity Ann.
-1.6%
-12%
22.61.72.12.93.84.71.10.80.30.5
*All financials are in USD Million and price data in USD
ROE Ann. %
1Y CHG
-1.6%
2Y CAGR
11.7%
3Y CAGR
-5.8%
5Y CAGR
-7.5%
7Y CAGR
5.4%
10Y CAGR
30.8%
ROE Annual % is falling faster than historical averages.
RoA Ann. %
1Y CHG
3.3%
2Y CAGR
8.7%
3Y CAGR
-2.7%
5Y CAGR
6.5%
7Y CAGR
-0.9%
10Y CAGR
17.5%
RoA Annual % is stable compared to historical averages.
Current Ratio Ann.
1Y CHG
7.7%
2Y CAGR
8%
5Y CAGR
-3.8%
7Y CAGR
-1%
10Y CAGR
-2.5%
Current Ratio Annual growth is higher than historical averages.

NetApp cash flow: net, operating, investing, and financing flows as of Apr 2026 – 11 year history

  • POSITIVE

    Cash From Operating Activity NetApp Apr-2026 Cash From Operating Activity is $2,067 Million which is growth of 37.3% YoY.

  • NEGATIVE

    Net Cash Flow NetApp Apr-2026 Net Cash Flow is $-675 Million which is growth of -181.8% YoY.

Netapp Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsApr '26Apr '25Apr '24Apr '23Apr '22Apr '21Apr '20Apr '19Apr '18Apr '17Apr '16
23.1%
9.2%
2,0671,5061,6851,1071,2111,3331,0601,3411,478986974
-
-
-595147-735-1,390-561211,269704-21-22085
-
-
-2,147-828-1,344-1,513-1,017444-1,960-2,631-986-1,179-109
Cash Plus Cash Eqv. End Of Year Ann.
-3.7%
-14.5%
2,0752,7491,9092,3224,1194,5352,6662,3312,9412,4442,868
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-675825-394-1,796-3671,798369-586471-413950
Cash Plus Cash Eqv. Begin Of Year Ann.
-12.6%
0.6%
2,7491,9092,3224,1194,5352,6662,3312,9472,4442,8681,922
Income Tax Paid Supplemental Data Ann.
4.1%
-
435412357386398----102161
Interest Paid Supplemental Data Ann.
18.8%
-
10953596567----4443
Capex Ann.
-
-
-198-168-155-239-226-162-124-173-145-175-160
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
-
62%
1,240-2,0571117951,018
Repayment Of Debt Ann.
-
-
-750-400-250-689-410-750-850-20
Repurchase Of Capital Stock Ann.
-
-
-950-1,150-900-850-600-125-1,411-2,111-794-705-960
Free Cash Flow Ann.
29.1%
9.8%
1,8691,3381,5308689851,1719361,1681,333811814
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
37.3%
2Y CAGR
10.8%
3Y CAGR
23.1%
5Y CAGR
9.2%
7Y CAGR
6.4%
10Y CAGR
7.8%
Cash from Operating Activity Annual growth is higher than historical averages.