NetApp, Inc. (NTAP)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Oct-242025-Jul-252025-Apr-252025-Jan-242024-Oct-252024-Jul-262024-Apr-262024-Jan-262023-Oct-272023-Jul-282023-Apr-282023-Jan-272022-Oct-282022-Jul-292022-Apr-292022-Jan-282021-Oct-292021-Jul-302021-Apr-302021-Jan-292020-Oct-302020-Jul-312020-Apr-242020-Jan-242019-Oct-252019-Jul-262019-Apr-262019-Jan-252018-Oct-262018-Jul-272018-Apr-272018-Jan-262017-Oct-272017-Jul-282017-Apr-282017-Jan-272016-Oct-282016-Jul-292016-Apr-292016-Jan-292015-Oct-302015-Jul-312015-Apr-242015-Jan-232014-Oct-242014-Jul-252014-Apr-252014-Jan-24
Fiscal PeriodQ2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014
Total Revenue1,705,000,000$1,559,000,000$1,732,000,000$1,641,000,000$1,658,000,000$1,541,000,000$1,668,000,000$1,606,000,000$1,562,000,000$1,432,000,000$1,581,000,000$1,526,000,000$1,663,000,000$1,592,000,000$1,680,000,000$1,614,000,000$1,566,000,000$1,458,000,000$1,555,000,000$1,470,000,000$1,416,000,000$1,303,000,000$1,401,000,000$1,404,000,000$1,371,000,000$1,236,000,000$1,592,000,000$1,563,000,000$1,517,000,000$1,474,000,000$1,644,000,000$1,539,000,000$1,422,000,000$1,325,000,000$1,481,000,000$1,404,000,000$1,340,000,000$1,294,000,000$1,380,000,000$1,386,000,000$1,445,000,000$1,335,000,000$1,540,000,000$1,551,000,000$1,543,000,000$1,489,000,000$1,649,000,000$1,610,000,000$
QoQ%9.37%(9.99%)5.55%(1.03%)7.59%(7.61%)3.86%2.82%9.08%(9.42%)3.60%(8.24%)4.46%(5.24%)4.09%3.07%7.41%(6.24%)5.78%3.81%8.67%(7.00%)(.21%)2.41%10.92%(22.36%)1.86%3.03%2.92%(10.34%)6.82%8.23%7.32%(10.53%)5.48%4.78%3.56%(6.23%)(.43%)(4.08%)8.24%(13.31%)(.71%).52%3.63%(9.70%)2.42%3.88%
YoY%2.84%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%10.99%4.70%3.28%5.42%(12.00%)(10.17%)(9.62%)(16.15%)(3.16%)1.56%6.68%11.25%11.01%9.62%6.12%2.40%7.32%1.30%(7.27%)(3.07%)(10.39%)(10.64%)(6.35%)(10.34%)(6.61%)(3.67%)(.45%)(1.79%)(3.93%)(1.23%)
Cost Of Revenue478,000,000$461,000,000$539,000,000$496,000,000$481,000,000$443,000,000$492,000,000$455,000,000$452,000,000$436,000,000$506,000,000$525,000,000$576,000,000$546,000,000$591,000,000$541,000,000$507,000,000$459,000,000$520,000,000$495,000,000$483,000,000$431,000,000$460,000,000$463,000,000$446,000,000$420,000,000$566,000,000$581,000,000$543,000,000$511,000,000$619,000,000$582,000,000$520,000,000$491,000,000$568,000,000$553,000,000$511,000,000$497,000,000$562,000,000$531,000,000$561,000,000$519,000,000$605,000,000$574,000,000$560,000,000$551,000,000$607,000,000$607,700,000$
Gross Profit1,227,000,000$1,098,000,000$1,193,000,000$1,145,000,000$1,177,000,000$1,098,000,000$1,176,000,000$1,151,000,000$1,110,000,000$996,000,000$1,075,000,000$1,001,000,000$1,087,000,000$1,046,000,000$1,089,000,000$1,073,000,000$1,059,000,000$999,000,000$1,035,000,000$975,000,000$933,000,000$872,000,000$941,000,000$941,000,000$925,000,000$816,000,000$1,026,000,000$982,000,000$974,000,000$963,000,000$1,029,000,000$956,000,000$900,000,000$824,000,000$887,000,000$851,000,000$829,000,000$797,000,000$818,000,000$855,000,000$884,000,000$816,000,000$935,000,000$977,000,000$983,000,000$938,000,000$1,042,000,000$1,002,300,000$
Gross Margin71.97%70.43%68.88%69.78%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%66.56%66.33%65.89%66.92%67.17%67.02%67.47%66.02%64.45%62.83%64.21%65.33%62.59%62.12%63.29%62.19%59.89%60.61%61.87%61.59%59.28%61.69%61.18%61.12%60.71%62.99%63.71%63.00%63.19%62.26%
Operating Expenses828,000,000$789,000,000$845,000,000$783,000,000$832,000,000$816,000,000$810,000,000$785,000,000$806,000,000$818,000,000$766,000,000$829,000,000$805,000,000$791,000,000$796,000,000$752,000,000$765,000,000$750,000,000$580,000,000$717,000,000$751,000,000$736,000,000$664,000,000$673,000,000$629,000,000$712,000,000$656,000,000$671,000,000$688,000,000$709,000,000$717,000,000$466,000,000$684,000,000$684,000,000$684,000,000$668,000,000$687,000,000$704,000,000$754,000,000$690,000,000$739,000,000$842,000,000$774,000,000$775,000,000$790,000,000$778,000,000$818,400,000$775,600,000$
Operating Income399,000,000$309,000,000$348,000,000$362,000,000$345,000,000$282,000,000$366,000,000$366,000,000$304,000,000$178,000,000$309,000,000$172,000,000$282,000,000$255,000,000$293,000,000$321,000,000$294,000,000$249,000,000$455,000,000$258,000,000$182,000,000$136,000,000$277,000,000$268,000,000$296,000,000$104,000,000$370,000,000$311,000,000$286,000,000$254,000,000$312,000,000$490,000,000$216,000,000$140,000,000$203,000,000$183,000,000$142,000,000$93,000,000$64,000,000$165,000,000$145,000,000$(26,000,000$)161,000,000$202,000,000$193,000,000$160,000,000$223,500,000$226,700,000$
Operating Margin23.40%19.82%20.09%22.06%20.81%18.30%21.94%22.79%19.46%12.43%19.55%11.27%16.96%16.02%17.44%19.89%18.77%17.08%29.26%17.55%12.85%10.44%19.77%19.09%21.59%8.41%23.24%19.90%18.85%17.23%18.98%31.84%15.19%10.57%13.71%13.03%10.60%7.19%4.64%11.91%10.04%(1.95%)10.46%13.02%12.51%10.75%13.55%14.08%
Interest Income27,000,000$36,000,000$29,000,000$20,000,000$27,000,000$36,000,000$32,000,000$27,000,000$25,000,000$28,000,000$27,000,000$21,000,000$14,000,000$7,000,000$2,000,000$2,000,000$1,000,000$2,000,000$2,000,000$2,000,000$2,000,000$3,000,000$7,000,000$10,000,000$12,000,000$19,000,000$20,000,000$22,000,000$21,000,000$25,000,000$24,000,000$20,000,000$19,000,000$16,000,000$13,000,000$10,000,000$10,000,000$11,000,000$11,000,000$11,000,000$11,000,000$13,000,000$12,000,000$9,000,000$8,000,000$8,000,000$
Interest Expenses16,000,000$17,000,000$15,000,000$16,000,000$16,000,000$16,000,000$17,000,000$18,000,000$18,000,000$19,000,000$18,000,000$18,000,000$19,000,000$19,000,000$18,000,000$18,000,000$14,000,000$14,000,000$12,000,000$15,000,000$14,000,000$16,000,000$14,000,000$14,000,000$15,000,000$17,000,000$17,000,000$13,000,000$13,000,000$12,000,000$12,000,000$15,000,000$15,000,000$11,000,000$12,000,000$11,000,000$11,000,000$11,000,000$11,000,000$9,000,000$6,300,000$6,700,000$
Income Before Tax393,000,000$304,000,000$354,000,000$370,000,000$360,000,000$299,000,000$380,000,000$382,000,000$315,000,000$186,000,000$314,000,000$177,000,000$305,000,000$270,000,000$272,000,000$306,000,000$280,000,000$237,000,000$436,000,000$247,000,000$175,000,000$104,000,000$250,000,000$276,000,000$299,000,000$119,000,000$384,000,000$319,000,000$293,000,000$272,000,000$328,000,000$504,000,000$222,000,000$145,000,000$204,000,000$183,000,000$142,000,000$92,000,000$60,000,000$163,000,000$144,000,000$(22,000,000$)164,000,000$200,000,000$189,000,000$160,000,000$226,600,000$229,600,000$
Tax Expenses88,000,000$71,000,000$14,000,000$71,000,000$61,000,000$51,000,000$89,000,000$69,000,000$82,000,000$37,000,000$69,000,000$112,000,000$(445,000,000$)56,000,000$13,000,000$54,000,000$56,000,000$35,000,000$102,000,000$65,000,000$38,000,000$27,000,000$54,000,000$(1,000,000$)56,000,000$16,000,000$(12,000,000$)70,000,000$52,000,000$(11,000,000$)38,000,000$983,000,000$48,000,000$14,000,000$42,000,000$37,000,000$33,000,000$28,000,000$68,000,000$10,000,000$30,000,000$8,000,000$29,000,000$23,000,000$29,000,000$72,000,000$29,600,000$37,500,000$
Net Income305,000,000$233,000,000$340,000,000$299,000,000$299,000,000$248,000,000$291,000,000$313,000,000$233,000,000$149,000,000$245,000,000$65,000,000$750,000,000$214,000,000$259,000,000$252,000,000$224,000,000$202,000,000$334,000,000$182,000,000$137,000,000$77,000,000$196,000,000$277,000,000$243,000,000$103,000,000$396,000,000$249,000,000$241,000,000$283,000,000$290,000,000$(479,000,000$)174,000,000$131,000,000$162,000,000$146,000,000$109,000,000$64,000,000$(8,000,000$)153,000,000$114,000,000$(30,000,000$)135,000,000$177,000,000$160,000,000$88,000,000$197,000,000$192,100,000$
Profit Margin17.89%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%21.48%12.38%9.68%5.91%13.99%19.73%17.72%8.33%24.87%15.93%15.89%19.20%17.64%(31.12%)12.24%9.89%10.94%10.40%8.13%4.95%(.58%)11.04%7.89%(2.25%)8.77%11.41%10.37%5.91%11.95%11.93%
TTM17.73%17.77%18.05%17.47%17.78%17.01%15.73%15.21%11.34%19.49%20.03%19.94%22.52%14.71%14.83%16.34%15.57%14.49%12.71%10.59%12.44%14.47%15.13%18.19%17.20%16.74%19.02%17.15%5.43%4.41%1.96%(.21%)10.88%9.87%8.72%5.74%5.89%5.87%4.13%6.52%6.75%7.41%9.15%9.98%10.13%10.22%10.08%9.61%
Earnings to Minority
Earnings to Common Shareholders305,000,000$233,000,000$340,000,000$299,000,000$299,000,000$248,000,000$291,000,000$313,000,000$233,000,000$149,000,000$245,000,000$65,000,000$750,000,000$214,000,000$259,000,000$252,000,000$224,000,000$202,000,000$334,000,000$182,000,000$137,000,000$77,000,000$196,000,000$277,000,000$243,000,000$103,000,000$396,000,000$249,000,000$241,000,000$283,000,000$290,000,000$(479,000,000$)174,000,000$131,000,000$162,000,000$146,000,000$109,000,000$64,000,000$(8,000,000$)153,000,000$114,000,000$(30,000,000$)135,000,000$177,000,000$160,000,000$88,000,000$197,000,000$192,100,000$
QoQ%30.90%(31.47%)13.71%.00%20.57%(14.78%)(7.03%)34.34%56.38%(39.18%)276.92%(91.33%)250.47%(17.38%)2.78%12.50%10.89%(39.52%)83.52%32.85%77.92%(60.71%)(29.24%)13.99%135.92%(73.99%)59.04%3.32%(14.84%)(2.41%)160.54%(375.29%)32.82%(19.14%)10.96%33.95%70.31%900.00%(105.23%)34.21%480.00%(122.22%)(23.73%)10.63%81.82%(55.33%)2.55%15.17%
YoY%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%(22.46%)38.46%63.50%162.34%70.41%(34.30%)(43.62%)(25.24%)(50.51%)11.25%.83%(63.60%)36.55%151.98%38.51%116.03%79.01%(428.08%)59.63%104.69%2,125.00%(4.58%)(4.39%)313.33%(105.93%)(13.56%)(28.75%)(134.09%)(31.47%)(7.86%)(4.08%)7.84%13.35%21.51%
Earnings Per Share, Basic1.53$1.16$1.68$1.47$1.47$1.20$1.41$1.52$1.12$0.70$1.14$0.30$3.46$0.97$1.16$1.13$1.00$0.91$1.50$0.82$0.62$0.35$0.89$1.23$1.03$0.43$1.61$1.00$0.93$1.08$1.09$(1.79$)0.65$0.49$0.60$0.53$0.39$0.23$(0.03$)0.52$0.39$(0.10$)0.43$0.57$0.50$0.27$0.60$0.57$
Earnings Per Share, Diluted1.51$1.15$1.65$1.44$1.42$1.17$1.36$1.48$1.10$0.69$1.13$0.30$3.41$0.96$1.13$1.10$0.98$0.88$1.45$0.80$0.61$0.35$0.88$1.21$1.03$0.42$1.60$0.98$0.91$1.05$1.02$(1.79$)0.63$0.47$0.58$0.52$0.38$0.23$(0.03$)0.52$0.39$(0.10$)0.43$0.56$0.50$0.27$0.58$0.55$
Unlevered FCF Per Share, Basic0.39$3.08$3.17$1.66$0.29$1.46$2.75$2.17$0.47$1.97$0.91$1.48$0.63$0.98$1.54$0.89$1.13$0.86$2.35$1.53$0.55$0.85$1.63$1.72$(0.38$)1.16$1.48$1.68$0.47$1.00$1.68$1.45$1.06$0.79$
Unlevered FCF Per Share, Diluted0.39$3.05$3.11$1.63$0.29$1.42$2.65$2.12$0.46$1.94$0.90$1.46$0.62$0.96$1.50$0.87$1.10$0.83$2.26$1.50$0.54$0.85$1.60$1.69$(0.38$)1.14$1.47$1.65$0.46$0.97$1.58$1.45$1.04$0.77$
Average Shares, Basic199,000,000201,000,000202,000,000204,000,000204,000,000206,000,000206,000,000206,000,000208,000,000212,000,000215,000,000216,000,000217,000,000220,000,000223,000,000223,000,000223,000,000223,000,000222,000,000223,000,000222,000,000221,000,000220,000,000226,000,000235,000,000239,000,000246,000,000250,000,000258,000,000262,000,000265,000,000268,000,000269,000,000270,000,000269,000,000274,000,000278,000,000279,000,000285,000,000293,000,000294,000,000304,000,000311,000,000312,000,000318,000,000323,000,000329,000,000339,400,000
Average Shares, Diluted202,000,000203,000,000206,000,000208,000,000210,000,000212,000,000214,000,000211,000,000211,000,000216,000,000217,000,000219,000,000220,000,000224,000,000229,000,000229,000,000229,000,000229,000,000231,000,000227,000,000224,000,000222,000,000224,000,000229,000,000236,000,000243,000,000248,000,000255,000,000264,000,000269,000,000283,000,000268,000,000275,000,000278,000,000277,000,000281,000,000284,000,000282,000,000292,000,000296,000,000296,000,000304,000,000315,000,000317,000,000323,000,000329,000,000336,800,000346,200,000
EBIT393,000,000$304,000,000$354,000,000$370,000,000$360,000,000$299,000,000$396,000,000$399,000,000$330,000,000$202,000,000$330,000,000$193,000,000$322,000,000$288,000,000$290,000,000$325,000,000$298,000,000$255,000,000$455,000,000$266,000,000$193,000,000$122,000,000$264,000,000$290,000,000$311,000,000$134,000,000$398,000,000$335,000,000$307,000,000$286,000,000$343,000,000$521,000,000$239,000,000$158,000,000$217,000,000$195,000,000$154,000,000$107,000,000$75,000,000$174,000,000$156,000,000$(11,000,000$)175,000,000$211,000,000$200,000,000$169,000,000$232,900,000$236,300,000$
EBITDA445,000,000$355,000,000$407,000,000$434,000,000$423,000,000$362,000,000$460,000,000$462,000,000$394,000,000$266,000,000$396,000,000$258,000,000$381,000,000$346,000,000$341,000,000$376,000,000$344,000,000$301,000,000$503,000,000$320,000,000$249,000,000$171,000,000$311,000,000$337,000,000$361,000,000$183,000,000$446,000,000$386,000,000$356,000,000$335,000,000$391,000,000$569,000,000$290,000,000$209,000,000$270,000,000$251,000,000$211,000,000$167,000,000$152,000,000$240,000,000$223,000,000$58,000,000$247,000,000$291,000,000$277,000,000$247,000,000$314,900,000$319,900,000$