NetApp, Inc. (NTAP) stock
Close on Nov 11, 2026Market cap $35.97BP/E 25.8Yield 1.14%
NetApp, Inc. grew revenue 12.7% to $6.50B over the twelve months to Jul 31, 2026. Operating income rose 35.6% to $1.85B, moving the operating margin from 23.7% to 28.5%. Free cash flow was $1.65B, down 0.5% from a year earlier. At the latest close the market valued the company at $35.97B, 25.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jul 31, 2026
Valuation
- Market cap
- $35.97B
- P/E ratio
- 25.8
- Price to sales
- 5.54
- Price to book
- 24.06
- Dividend yield
- 1.14%
- Free cash flow yield
- 4.59%
Fundamentals
- Revenue
- $6.50B
- Net income
- $1.42B
- EPS, diluted
- $7.10
- Free cash flow
- $1.65B
- Book value per share
- $7.47
- Diluted shares
- 200M
Trading
- Next earnings
- Nov 24, 2026 (estimated, after the close)
- Previous close
- $175.99
- Open
- $183.89
- Day's range
- $181.63 – $188.98
- Volume
- 2,041,460
- Average volume (20 days)
- 1,977,188
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 1.23
- 52-week range
- $93.69 – $240.87
- RSI (14 days)
- 40.6
- Volatility (1 year)
- 48.2%
- Relative volume
- 0.83×
- WACC
- 10.6%
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Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | NTAP | S&P 500 | Difference | NTAP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -22.8% | -2.4% | −20.4 pts | ||
| 3 months | -7.5% | -1.2% | −6.4 pts | ||
| Year to date | +73.6% | +12.3% | +61.3 pts | ||
| 1 year | +68.4% | +12.4% | +55.9 pts | ||
| 3 years | +150.6% | +78.8% | +71.8 pts | +35.8% | +21.4% |
| 5 years | +122.5% | +75.2% | +47.3 pts | +17.3% | +11.9% |
| 10 years | +589.7% | +311.1% | +278.6 pts | +21.3% | +15.2% |
Fifteen years at a glance
Fiscal years 2012 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases NetApp filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About NetApp
Computer Storage Devices
NetApp, Inc. provides intelligent data infrastructure and management solutions, enabling organizations to manage, protect, and leverage structured and unstructured data across on-premises, hybrid, and public cloud environments. The company operates through two primary segments: Hybrid Cloud and Public Cloud. Its offerings include unified data storage arrays, data management and cyber-resilience software powered by ONTAP, cloud-native storage services, AI data pipeline solutions, and infrastructure monitoring tools. NetApp also provides storage-as-a-service subscriptions alongside professional, managed, and customer support services. The company serves enterprises, commercial businesses, and government entities across diverse industries, including energy, financial services, technology, healthcare, life sciences, manufacturing, and telecommunications.
Company profile, executives and historyNetApp stock: common questions
What is NetApp's stock price?
NTAP closed at $183.12 on Nov 11, 2026, up 4.05% on the day. Over the past 52 weeks it traded between $93.69 and $240.87.
What is NetApp's market cap?
NetApp was worth $35.97B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is NTAP's P/E ratio?
NTAP trades at 25.8 times earnings, based on diluted earnings per share of $7.10 over the twelve months to Jul 31, 2026.
How much revenue does NetApp make?
NetApp reported revenue of $6.50B for the twelve months to Jul 31, 2026, up 12.7% from a year earlier.
Does NetApp pay a dividend?
Yes. NetApp paid $2.08 per share over the last twelve months, a yield of 1.14% at the latest price.
When does NetApp report earnings next?
NetApp is expected to report Q2 FY2027 results on Nov 24, 2026, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has NTAP stock performed over the past year?
Including dividends, NTAP returned +68.4% over the past year, against +12.4% for the S&P 500.
How many NTAP shares are sold short?
9M shares were sold short at the latest FINRA report, 4.41% of the float, or 4.6 days of average trading volume.
Who are NetApp's competitors?
Companies most similar to NetApp by business, industry and size include P, STX, WDC, FTNT, ANET.
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