NTAPNasdaqComputer Storage DevicesFiscal year ends April 24

NetApp, Inc.

Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026

$207.37+3.57 (+1.75%)

Close on Oct 19, 2026

Market cap: $41.47B
P/E (TTM): 29.2
Dividend yield: 1.00%

NetApp, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-04-24	FY 2025 2025-04-25	FY 2024 2024-04-26	FY 2023 2023-04-28	FY 2022 2022-04-29	FY 2021 2021-04-30	FY 2020 2020-04-24	FY 2019 2019-04-26	FY 2018 2018-04-27	FY 2017 2017-04-28	FY 2016 2016-04-29	FY 2015 2015-04-24	FY 2014 2014-04-25	FY 2013 2013-04-26	FY 2012 2012-04-27	FY 2011 2011-04-29	FY 2010 2010-04-30	FY 2009 2009-04-24
Revenue	6,237	5,907	5,657	6,362	6,318	5,744	5,412	6,146	5,919	5,491	5,546	6,123	6,325	6,332	6,233	5,123	3,931	3,406
Cost of Revenue	2,026	1,959	1,835	2,153	2,098	1,929	1,789	2,201	2,210	2,127	2,173	2,290	2,406	2,571	2,520	1,794	1,412	1,417
Gross Profit	4,899	4,613	4,433	4,209	4,220	3,815	3,623	3,945	3,709	3,364	3,373	3,833	3,919	3,761	3,713	3,329	2,519	1,990
Research & Development	991	1,012	1,029	956	881	881	847	827	783	779	861	920	918	904	828	649	536	499
Selling, General & Admin	2,213	2,176	2,136	2,094	2,136	2,001	1,848	1,935	1,986	1,922	2,099	2,197	2,179	2,247	2,129	1,848	1,533	1,390
Selling & Marketing	1,869	1,865	1,828	1,829	1,857	1,744	1,585	1,657	1,706	1,651	1,792	1,913	1,898	1,975	1,864	1,597	1,294	1,186
General & Administrative	344	311	308	265	279	257	263	278	280	271	307	284	281	273	265	251	239	204
Operating Expenses	3,225	3,276	3,219	3,191	3,063	2,784	2,678	2,724	2,551	2,743	3,025	3,117	3,185	3,153	2,967	2,504	2,031	1,943
Operating Income	1,674	1,337	1,214	1,018	1,157	1,031	945	1,221	1,158	621	348	716	734	608	747	824	488	47
Interest Expense	109	64	64	67	73	74	55	58	62	52	49	42	36	92	75	76	74	63
Interest & Investment Income	113	112	112	69	7.00	9.00	48	88	79	44	46	37	35	42	–	–	–	–
Other Non-Operating Income	-26	46	49	48	-62	-69	-1.00	47	41	0	-3.00	-3.00	7.00	-41	-34	-30	-41	-39
Merger & Restructuring Charges	21	83	44	120	33	42	21	35	0	52	108	0	88	0	0	1.80	2.50	54
Asset Impairment Charges	–	–	–	–	–	–	–	–	–	–	–	0	–	–	–	0	–	–
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	–	–	–	–	51	0	0	–	–	–	–	–
Pretax Income	1,648	1,383	1,263	1,066	1,095	962	944	1,268	1,199	621	345	713	741	567	712	794	447	8.30
Income Tax Expense	372	197	277	-208	158	232	125	99	1,083	140	116	153	103	61	107	121	47	-56
Net Income	1,276	1,186	986	1,274	937	730	819	1,169	116	481	229	560	638	505	605	673	400	65
EPS (Basic)(per share)	6.41	5.81	4.74	5.87	4.20	3.29	3.56	4.60	0.43	1.75	0.78	1.77	1.87	1.40	1.66	1.87	1.18	0.20
EPS (Diluted)(per share)	6.35	5.67	4.63	5.79	4.09	3.23	3.52	4.51	0.42	1.71	0.77	1.75	1.83	1.37	1.58	1.71	1.13	0.19
Shares Outstanding (Basic, Weighted)(shares)	199	204	208	217	223	222	230	254	268	275	294	316	340	362	364	361	340	330
Shares Outstanding (Diluted, Weighted)(shares)	201	209	213	220	229	226	233	259	276	281	297	321	348	368	384	394	353	335
Dividend per Share(per share)	2.08	2.08	2.00	2.00	2.00	1.92	1.92	1.60	0.80	0.76	0.72	0.66	0.60	–	–	–	–	–
EBITDA	1,853	1,533	1,412	1,199	1,305	1,189	1,099	1,371	1,303	799	560	959	1,009	867	1,040	990	654	218

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 31, 2026

Profitability, TTM

Gross margin: 80.3%
Operating margin: 28.5%
Net margin: 21.8%
Return on equity, FY2026: 106.7%

Financial strength

Current ratio: 1.24
Debt to equity: 1.66
Debt to assets: 22.7%
Cash to current liabilities: 34.4%

Valuation

P/E ratio: 29.2
Price to sales: 6.38
Price to book: 27.74
Dividend yield: 1.00%