NetApp, Inc. (NTAP) stock
NTAPNasdaqComputer Storage DevicesFiscal year ends April 24
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 18/3020% above fair value
$181.37−4.71 (-2.53%)
Close on Nov 13, 2026Market cap $35.62BP/E 25.5Yield 1.15%
NetApp r&d expenses
Research and development expenses are spending on new products and technology.
NetApp's R&D Expenses for the twelve months ending Jul 31, 2026 was $1.02B, up 2.1% year over year. For fiscal 2026 it was $991.00M, down 2.1% from the year before. Over ten years it grew 1.4% a year on average. The highest annual figure on record is $1.03B in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2026 | Apr 24, 2026 | $991.00M | -2.1% |
| FY2025 | Apr 25, 2025 | $1.01B | -1.7% |
| FY2024 | Apr 26, 2024 | $1.03B | +7.6% |
| FY2023 | Apr 28, 2023 | $956.00M | +8.5% |
| FY2022 | Apr 29, 2022 | $881.00M | 0.0% |
| FY2021 | Apr 30, 2021 | $881.00M | +4.0% |
| FY2020 | Apr 24, 2020 | $847.00M | +2.4% |
| FY2019 | Apr 26, 2019 | $827.00M | +5.6% |
| FY2018 | Apr 27, 2018 | $783.00M | +0.5% |
| FY2017 | Apr 28, 2017 | $779.00M | -9.5% |
| FY2016 | Apr 29, 2016 | $861.00M | -6.4% |
| FY2015 | Apr 24, 2015 | $920.00M | +0.2% |
| FY2014 | Apr 25, 2014 | $918.00M | +1.5% |
| FY2013 | Apr 26, 2013 | $904.20M | +9.2% |
| FY2012 | Apr 27, 2012 | $828.20M | +27.7% |
| FY2011 | Apr 29, 2011 | $648.60M | +21.1% |
| FY2010 | Apr 30, 2010 | $535.70M | +7.5% |
| FY2009 | Apr 24, 2009 | $498.50M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change |
|---|---|---|---|
| Q1 FY2027CQ2 2026 | Jul 31, 2026 | $274.00M | +13.2% |
| Q4 FY2026CQ1 2026 | Apr 24, 2026 | $261.00M | +2.0% |
| Q3 FY2026CQ4 2025 | Jan 23, 2026 | $237.00M | -4.0% |
| Q2 FY2026CQ3 2025 | Oct 24, 2025 | $251.00M | -2.3% |
| Q1 FY2026CQ2 2025 | Jul 25, 2025 | $242.00M | -4.0% |
| Q4 FY2025CQ1 2025 | Apr 25, 2025 | $256.00M | -5.5% |
| Q3 FY2025CQ4 2024 | Jan 24, 2025 | $247.00M | -0.8% |
| Q2 FY2025CQ3 2024 | Oct 25, 2024 | $257.00M | -1.9% |
| Q1 FY2025CQ2 2024 | Jul 26, 2024 | $252.00M | +2.0% |
| Q4 FY2024CQ1 2024 | Apr 26, 2024 | $271.00M | +11.5% |
| Q3 FY2024CQ4 2023 | Jan 26, 2024 | $249.00M | +8.3% |
| Q2 FY2024CQ3 2023 | Oct 27, 2023 | $262.00M | +7.8% |
| Q1 FY2024CQ2 2023 | Jul 28, 2023 | $247.00M | +2.9% |
| Q4 FY2023CQ1 2023 | Apr 28, 2023 | $243.00M | +3.4% |
| Q3 FY2023CQ4 2022 | Jan 27, 2023 | $230.00M | +4.5% |
| Q2 FY2023CQ3 2022 | Oct 28, 2022 | $243.00M | +12.5% |
| Q1 FY2023CQ2 2022 | Jul 29, 2022 | $240.00M | +14.3% |
| Q4 FY2022CQ1 2022 | Apr 29, 2022 | $235.00M | +6.3% |
| Q3 FY2022CQ4 2021 | Jan 28, 2022 | $220.00M | +2.3% |
| Q2 FY2022CQ3 2021 | Oct 29, 2021 | $216.00M | +1.9% |
| Q1 FY2022CQ2 2021 | Jul 30, 2021 | $210.00M | -9.9% |
| Q4 FY2021CQ1 2021 | Apr 30, 2021 | $221.00M | +4.2% |
| Q3 FY2021CQ4 2020 | Jan 29, 2021 | $215.00M | +1.9% |
| Q2 FY2021CQ3 2020 | Oct 30, 2020 | $212.00M | +1.4% |
| Q1 FY2021CQ2 2020 | Jul 31, 2020 | $233.00M | +8.4% |
| Q4 FY2020CQ1 2020 | Apr 24, 2020 | $212.00M | +3.4% |
| Q3 FY2020CQ4 2019 | Jan 24, 2020 | $211.00M | +3.9% |
| Q2 FY2020CQ3 2019 | Oct 25, 2019 | $209.00M | -0.9% |
| Q1 FY2020CQ2 2019 | Jul 26, 2019 | $215.00M | +3.4% |
| Q4 FY2019CQ1 2019 | Apr 26, 2019 | $205.00M | +1.0% |
| Q3 FY2019CQ4 2018 | Jan 25, 2019 | $203.00M | +5.2% |
| Q2 FY2019CQ3 2018 | Oct 26, 2018 | $211.00M | +8.8% |
| Q1 FY2019CQ2 2018 | Jul 27, 2018 | $208.00M | +7.8% |
| Q4 FY2018CQ1 2018 | Apr 27, 2018 | $203.00M | +6.3% |
| Q3 FY2018CQ4 2017 | Jan 26, 2018 | $193.00M | +6.6% |
| Q2 FY2018CQ3 2017 | Oct 27, 2017 | $194.00M | -3.0% |
| Q1 FY2018CQ2 2017 | Jul 28, 2017 | $193.00M | – |
| Q4 FY2017CQ1 2017 | Apr 28, 2017 | $191.00M | – |
| Q3 FY2017CQ4 2016 | Jan 27, 2017 | $181.00M | – |
| Q2 FY2017CQ3 2016 | Oct 28, 2016 | $200.00M | – |
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