NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
169.80
+2.06 (1.23%)
At close: Jul 27, 2026, 4:00 PM EDT
169.86
+0.06 (0.04%)
After-hours: Jul 27, 2026, 7:58 PM EDT

NetApp Financials Overview

Millions USD. Fiscal year is May - Apr.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Revenue
6,9256,9256,5726,2686,3626,318
Revenue Growth
5.37%5.37%4.85%-1.48%0.70%9.99%
Gross Profit
4,8994,8994,6134,4334,2094,220
Operating Income
1,6741,6741,3371,2141,0181,157
Net Income
1,2761,2761,1869861,274937
Earnings Per Share
6.356.355.674.635.794.09
EPS Growth
11.99%11.99%22.46%-20.04%41.57%26.63%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Product
3,1943,1943,0402,8493,0493,284
Support
2,6362,6362,5122,4882,4192,344
Professional & Other Services
407407355320319294
Public Cloud
688688665611575396
Revenue (Total)
6,9256,9256,5726,2686,3626,318

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cash & Investments
3,5843,5843,8463,2523,0704,134
Total Debt
2,4872,4873,2352,3922,3892,636
Net Cash (Debt)
1,0971,0976118606811,498
Net Cash Growth
79.54%79.54%-28.95%26.28%-54.54%-23.73%
Net Cash Per Share
5.465.462.924.043.106.54

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Operating Cash Flow
2,0672,0671,5061,6851,1071,211
Capital Expenditures
-198-198-168-155-239-226
Free Cash Flow
1,8691,8691,3381,530868985
Free Cash Flow Growth
39.69%39.69%-12.55%76.27%-11.88%-15.88%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Gross Margin
70.74%70.74%70.19%70.72%66.16%66.79%
Operating Margin
24.17%24.17%20.34%19.37%16.00%18.31%
Pretax Margin
23.80%23.80%21.04%20.15%16.76%17.33%
Profit Margin
18.43%18.43%18.05%15.73%20.03%14.83%
FCF Margin
26.99%26.99%20.36%24.41%13.64%15.59%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Dividend Per Share
2.0802.0802.0802.0002.0002.000
Dividend Per Share Growth
0%0%4.00%0%0%4.17%
Dividend Yield
1.24%1.91%2.35%1.97%3.17%2.73%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
PE Ratio
26.7417.1215.6021.8910.8617.91
Forward PE
19.0712.9111.8815.2411.7114.23
P/FCF Ratio
17.8011.4013.2913.6415.3616.36
PS Ratio
4.803.082.713.332.102.55