NetApp Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 24, 2026	Apr '25 Apr 25, 2025	Apr '24 Apr 26, 2024	Apr '23 Apr 28, 2023	Apr '22 Apr 29, 2022
Revenue	6,925	6,572	6,268	6,362	6,318
Revenue Growth (YoY)	5.37%	4.85%	-1.48%	0.70%	9.99%
Cost of Revenue	2,026	1,959	1,835	2,153	2,098
Gross Profit	4,899	4,613	4,433	4,209	4,220
Selling, General & Admin	2,213	2,176	2,136	2,094	2,136
Research & Development	991	1,012	1,029	956	881
Other Operating Expenses	21	88	54	141	46
Total Operating Expenses	3,225	3,276	3,219	3,191	3,063
Operating Income	1,674	1,337	1,214	1,018	1,157
Total Non-Operating Income (Expense)	-26	46	49	48	-62
Pretax Income	1,648	1,383	1,263	1,066	1,095
Provision for Income Taxes	372	197	277	-208	158
Net Income	1,276	1,186	986	1,274	937
Net Income to Common	1,276	1,186	986	1,274	937
Net Income Growth	7.59%	20.28%	-22.61%	35.97%	28.36%
Shares Outstanding (Basic)	199	204	208	217	223
Shares Outstanding (Diluted)	201	209	213	220	229
Shares Change (YoY)	-3.83%	-1.88%	-3.18%	-3.93%	1.33%
EPS (Basic)	6.41	5.81	4.74	5.87	4.20
EPS (Diluted)	6.35	5.67	4.63	5.79	4.09
EPS Growth	11.99%	22.46%	-20.04%	41.57%	26.63%
Free Cash Flow	1,869	1,338	1,530	868	985
Free Cash Flow Growth	39.69%	-12.55%	76.27%	-11.88%	-15.88%
Free Cash Flow Per Share	9.30	6.40	7.18	3.95	4.30
Dividends Per Share	2.080	2.080	2.000	2.000	2.000
Dividend Growth	-	4.00%	-	-	4.17%
Gross Margin	70.74%	70.19%	70.72%	66.16%	66.79%
Operating Margin	24.17%	20.34%	19.37%	16.00%	18.31%
Profit Margin	18.43%	18.05%	15.73%	20.03%	14.83%
FCF Margin	26.99%	20.36%	24.41%	13.64%	15.59%
EBITDA	1,874	1,580	1,469	1,266	1,351
EBITDA Margin	27.06%	24.04%	23.44%	19.90%	21.38%
EBIT	1,674	1,337	1,214	1,018	1,157
EBIT Margin	24.17%	20.34%	19.37%	16.00%	18.31%
Effective Tax Rate	22.57%	14.24%	21.93%	-19.51%	14.43%

SEC Filings: 10-K · 10-Q