NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
185.29
-1.73 (-0.93%)
Aug 31, 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 Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
| 1,948 | 1,713 | 1,705 | 1,559 | 1,732 | 1,641 | 1,658 | 1,541 | 1,668 | 1,606 | 1,562 | 1,432 | 1,581 | 1,526 | 1,663 | 1,592 | 1,680 | 1,614 | 1,566 | 1,458 | |
Revenue Growth (YoY) | 12.47% | 4.39% | 2.83% | 1.17% | 3.84% | 2.18% | 6.15% | 7.61% | 5.50% | 5.24% | -6.07% | -10.05% | -5.89% | -5.45% | 6.19% | 9.19% | 8.04% | 9.80% | 10.59% | 11.90% |
Cost of Revenue | 583 | 504 | 478 | 461 | 539 | 496 | 481 | 443 | 492 | 455 | 452 | 436 | 506 | 525 | 576 | 546 | 591 | 541 | 507 | 459 |
Gross Profit | 1,365 | 1,209 | 1,227 | 1,098 | 1,193 | 1,145 | 1,177 | 1,098 | 1,176 | 1,151 | 1,110 | 996 | 1,075 | 1,001 | 1,087 | 1,046 | 1,089 | 1,073 | 1,059 | 999 |
Selling, General & Admin | 573 | 541 | 554 | 545 | 543 | 525 | 562 | 546 | 538 | 520 | 536 | 542 | 509 | 509 | 546 | 530 | 552 | 526 | 541 | 517 |
Research & Development | 261 | 237 | 251 | 242 | 256 | 247 | 257 | 252 | 271 | 249 | 262 | 247 | 243 | 230 | 243 | 240 | 235 | 220 | 216 | 210 |
Operating Expenses | 834 | 778 | 805 | 787 | 799 | 772 | 819 | 798 | 809 | 769 | 798 | 789 | 752 | 739 | 789 | 770 | 787 | 746 | 757 | 727 |
Operating Income | 531 | 431 | 422 | 311 | 394 | 373 | 358 | 300 | 367 | 382 | 312 | 207 | 323 | 262 | 298 | 276 | 302 | 327 | 302 | 272 |
Interest Expense | -28 | -26 | -26 | -29 | -21 | -12 | -15 | -16 | -16 | -17 | -15 | -16 | -16 | -16 | -17 | -18 | -18 | -19 | -18 | -18 |
Interest & Investment Income | 25 | 25 | 27 | 36 | 29 | 20 | 27 | 36 | 32 | 27 | 25 | 28 | 27 | 21 | 14 | 7 | 2 | 2 | 1 | 2 |
Currency Exchange Gain (Loss) | -9 | 3 | -27 | 18 | 60 | -36 | 1 | 13 | -30 | 20 | -45 | -4 | 2 | 58 | -34 | -21 | -45 | -20 | -17 | 9 |
Other Non Operating Income (Expenses) | -2 | -3 | 20 | -30 | -62 | 36 | 2 | -16 | 28 | -14 | 46 | - | 13 | -58 | 60 | 15 | 40 | 22 | 20 | -5 |
EBT Excluding Unusual Items | 517 | 430 | 416 | 306 | 400 | 381 | 373 | 317 | 381 | 398 | 323 | 215 | 349 | 267 | 321 | 259 | 281 | 312 | 288 | 260 |
Merger & Restructuring Charges | 1 | 3 | -23 | -2 | -46 | -11 | -13 | -18 | -1 | -16 | -8 | -29 | -14 | -90 | -16 | -21 | -9 | -6 | -8 | -23 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32 | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | -21 | - | - | - | - | - | - | - |
Pretax Income | 518 | 433 | 393 | 304 | 354 | 370 | 360 | 299 | 380 | 382 | 315 | 186 | 314 | 177 | 305 | 270 | 272 | 306 | 280 | 237 |
Income Tax Expense | 114 | 99 | 88 | 71 | 14 | 71 | 61 | 51 | 89 | 69 | 82 | 37 | 69 | 112 | -445 | 56 | 13 | 54 | 56 | 35 |
Net Income | 404 | 334 | 305 | 233 | 340 | 299 | 299 | 248 | 291 | 313 | 233 | 149 | 245 | 65 | 750 | 214 | 259 | 252 | 224 | 202 |
Net Income to Common | 404 | 334 | 305 | 233 | 340 | 299 | 299 | 248 | 291 | 313 | 233 | 149 | 245 | 65 | 750 | 214 | 259 | 252 | 224 | 202 |
Net Income Growth (YoY) | 18.82% | 11.71% | 2.01% | -6.05% | 16.84% | -4.47% | 28.33% | 66.44% | 18.78% | 381.54% | -68.93% | -30.37% | -5.41% | -74.21% | 234.82% | 5.94% | -22.45% | 38.46% | 63.50% | 162.34% |
Shares Outstanding (Basic) | 197 | 198 | 199 | 201 | 203 | 204 | 204 | 206 | 206 | 206 | 208 | 212 | 213 | 216 | 217 | 220 | 222 | 223 | 223 | 223 |
Shares Outstanding (Diluted) | 199 | 200 | 202 | 203 | 206 | 208 | 210 | 212 | 212 | 211 | 211 | 216 | 217 | 219 | 220 | 224 | 228 | 229 | 229 | 229 |
Shares Change (YoY) | -3.40% | -3.85% | -3.81% | -4.25% | -2.83% | -1.42% | -0.47% | -1.85% | -2.30% | -3.65% | -4.09% | -3.57% | -4.83% | -4.37% | -3.93% | -2.18% | -0.44% | 0.88% | 2.23% | 3.15% |
EPS (Basic) | 2.05 | 1.69 | 1.53 | 1.16 | 1.67 | 1.47 | 1.47 | 1.20 | 1.41 | 1.52 | 1.12 | 0.70 | 1.15 | 0.30 | 3.46 | 0.97 | 1.17 | 1.13 | 1.00 | 0.91 |
EPS (Diluted) | 2.03 | 1.67 | 1.51 | 1.15 | 1.64 | 1.44 | 1.42 | 1.17 | 1.38 | 1.48 | 1.10 | 0.69 | 1.12 | 0.30 | 3.41 | 0.96 | 1.13 | 1.10 | 0.98 | 0.88 |
EPS Growth (YoY) | 23.38% | 15.97% | 6.34% | -1.71% | 19.46% | -2.70% | 29.09% | 69.56% | 22.45% | 393.33% | -67.74% | -28.13% | -0.95% | -72.73% | 247.96% | 9.09% | -22.18% | 37.50% | 60.66% | 152.57% |
Additional Metrics
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Free Cash Flow | 900 | 271 | 78 | 620 | 640 | 338 | 60 | 300 | 567 | 448 | 97 | 418 | 196 | 319 | 137 | 216 | 343 | 199 | 252 | 191 |
Free Cash Flow Per Share | 4.52 | 1.35 | 0.39 | 3.05 | 3.11 | 1.63 | 0.29 | 1.42 | 2.67 | 2.12 | 0.46 | 1.94 | 0.90 | 1.46 | 0.62 | 0.96 | 1.50 | 0.87 | 1.10 | 0.83 |
Dividend Per Share | 0.520 | 0.520 | 0.520 | 0.520 | 0.520 | 0.520 | 0.520 | 0.520 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 |
Dividend Growth (YoY) | 0% | 0% | 0% | 0% | 4.00% | 4.00% | 4.00% | 4.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.17% | 4.17% | 4.17% | 4.17% |
Gross Margin | 70.07% | 70.58% | 71.97% | 70.43% | 68.88% | 69.77% | 70.99% | 71.25% | 70.50% | 71.67% | 71.06% | 69.55% | 68.00% | 65.60% | 65.36% | 65.70% | 64.82% | 66.48% | 67.63% | 68.52% |
Operating Margin | 27.26% | 25.16% | 24.75% | 19.95% | 22.75% | 22.73% | 21.59% | 19.47% | 22.00% | 23.79% | 19.97% | 14.46% | 20.43% | 17.17% | 17.92% | 17.34% | 17.98% | 20.26% | 19.29% | 18.66% |
Profit Margin | 20.74% | 19.50% | 17.89% | 14.95% | 19.63% | 18.22% | 18.03% | 16.09% | 17.45% | 19.49% | 14.92% | 10.41% | 15.50% | 4.26% | 45.10% | 13.44% | 15.42% | 15.61% | 14.30% | 13.86% |
Free Cash Flow Margin | 46.20% | 15.82% | 4.58% | 39.77% | 36.95% | 20.60% | 3.62% | 19.47% | 33.99% | 27.89% | 6.21% | 29.19% | 12.40% | 20.90% | 8.24% | 13.57% | 20.42% | 12.33% | 16.09% | 13.10% |
EBITDA | 577 | 477 | 471 | 359 | 444 | 429 | 412 | 355 | 423 | 436 | 368 | 262 | 378 | 317 | 346 | 324 | 343 | 369 | 341 | 311 |
EBITDA Margin | 29.62% | 27.85% | 27.63% | 23.03% | 25.64% | 26.14% | 24.85% | 23.04% | 25.36% | 27.15% | 23.56% | 18.30% | 23.91% | 20.77% | 20.81% | 20.35% | 20.42% | 22.86% | 21.77% | 21.33% |
D&A For EBITDA | 46 | 46 | 49 | 48 | 50 | 56 | 54 | 55 | 56 | 54 | 56 | 55 | 55 | 55 | 48 | 48 | 41 | 42 | 39 | 39 |
EBIT | 531 | 431 | 422 | 311 | 394 | 373 | 358 | 300 | 367 | 382 | 312 | 207 | 323 | 262 | 298 | 276 | 302 | 327 | 302 | 272 |
EBIT Margin | 27.26% | 25.16% | 24.75% | 19.95% | 22.75% | 22.73% | 21.59% | 19.47% | 22.00% | 23.79% | 19.97% | 14.46% | 20.43% | 17.17% | 17.92% | 17.34% | 17.98% | 20.26% | 19.29% | 18.66% |
Effective Tax Rate | 22.01% | 22.86% | 22.39% | 23.36% | 3.96% | 19.19% | 16.94% | 17.06% | 23.42% | 18.06% | 26.03% | 19.89% | 21.98% | 63.28% | - | 20.74% | 4.78% | 17.65% | 20.00% | 14.77% |
Revenue as Reported | 1,948 | 1,713 | 1,705 | 1,559 | 1,732 | 1,641 | 1,658 | 1,541 | 1,668 | 1,606 | 1,562 | 1,432 | 1,581 | 1,526 | 1,663 | 1,592 | 1,680 | 1,614 | 1,566 | 1,458 |