NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
207.08
+2.09 (1.02%)
Aug 14, 2026, 4:00 PM EDT - Market closed
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 |
| 6,925 | 6,572 | 6,268 | 6,362 | 6,318 | |
Revenue Growth | 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 |
Operating Expenses | 3,204 | 3,188 | 3,165 | 3,050 | 3,017 |
Operating Income | 1,695 | 1,425 | 1,268 | 1,159 | 1,203 |
Interest Expense | -109 | -64 | -64 | -67 | -73 |
Interest & Investment Income | 113 | 112 | 112 | 69 | 7 |
Currency Exchange Gain (Loss) | -15 | 38 | -59 | 4 | -91 |
Other Non Operating Income (Expenses) | -15 | -40 | 60 | 10 | 95 |
EBT Excluding Unusual Items | 1,669 | 1,471 | 1,317 | 1,175 | 1,141 |
Merger & Restructuring Charges | -21 | -88 | -54 | -141 | -46 |
Gain (Loss) on Sale of Investments | - | - | - | 32 | - |
Pretax Income | 1,648 | 1,383 | 1,263 | 1,066 | 1,095 |
Income Tax Expense | 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 | -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% |
Additional Metrics
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 |
Free Cash Flow | 1,869 | 1,338 | 1,530 | 868 | 985 |
Free Cash Flow Per Share | 9.30 | 6.40 | 7.18 | 3.94 | 4.30 |
Dividend Per Share | 2.080 | 2.080 | 2.000 | 2.000 | 2.000 |
Dividend Growth | 0% | 4.00% | 0% | 0% | 4.17% |
Gross Margin | 70.74% | 70.19% | 70.72% | 66.16% | 66.79% |
Operating Margin | 24.48% | 21.68% | 20.23% | 18.22% | 19.04% |
Profit Margin | 18.43% | 18.05% | 15.73% | 20.03% | 14.83% |
Free Cash Flow Margin | 26.99% | 20.36% | 24.41% | 13.64% | 15.59% |
EBITDA | 1,884 | 1,640 | 1,489 | 1,365 | 1,364 |
EBITDA Margin | 27.21% | 24.95% | 23.76% | 21.46% | 21.59% |
D&A For EBITDA | 189 | 215 | 221 | 206 | 161 |
EBIT | 1,695 | 1,425 | 1,268 | 1,159 | 1,203 |
EBIT Margin | 24.48% | 21.68% | 20.23% | 18.22% | 19.04% |
Effective Tax Rate | 22.57% | 14.24% | 21.93% | - | 14.43% |
Revenue as Reported | 6,925 | 6,572 | 6,268 | 6,362 | 6,318 |