NetApp, Inc. (NTAP) Financial Statements
Industry: Computer Storage Devices
In fiscal 2026, NetApp reported revenue of $6.24B, down 5.1% from $6.57B the year before. Net income was $1.28B (a 20.5% net margin), or $6.35 per diluted share. Gross margin was 78.5% and operating margin was 26.8%. Operating activities generated $2.07B of cash, leaving $1.87B of free cash flow. At fiscal year end, NetApp held $10.74B in total assets against $9.39B in total liabilities, including $2.07B of cash and equivalents.
Open the full interactive NetApp financials → Quarterly statements, key ratios, valuation history and price charts.
NetApp Key Stats
| Share Price | $239.01 |
|---|---|
| Market Cap | $47.80B |
| P/E Ratio | 37.6 |
| Dividend Yield | 0.86% |
| Revenue YoY Growth | -5.1% |
| 52-Week Range | $93.14 – $239.18 |
| Shares Outstanding | 196.0 million (basic, 2027 Q1) |
NetApp Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $5.74B | $6.32B | $6.36B | $6.27B | $6.57B | $6.24B |
| Cost of Goods Sold | $1.93B | $2.10B | $2.15B | $1.83B | $1.96B | $2.03B |
| Gross Profit | $3.81B | $4.22B | $4.21B | $4.43B | $4.61B | $4.90B |
| Operating Income | $1.03B | $1.16B | $1.02B | $1.21B | $1.34B | $1.67B |
| Pre-Tax Income | $962.0M | $1.09B | $1.07B | $1.26B | $1.38B | $1.65B |
| Income Tax | $232.0M | $158.0M | -$208.0M | $277.0M | $197.0M | $372.0M |
| Net Income | $730.0M | $937.0M | $1.27B | $986.0M | $1.19B | $1.28B |
| Diluted EPS | $3.23 | $4.09 | $5.79 | $4.63 | $5.67 | $6.35 |
NetApp Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $1.71B | $1.71B | $1.26B | $1.82B |
| Net Income | $305.0M | $334.0M | $404.0M | $375.0M |
| Diluted EPS | $1.51 | $1.67 | $2.01 | $1.88 |
NetApp Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.53B | $4.11B | $2.32B | $1.90B | $2.74B | $2.07B |
| Current Assets | $6.00B | $5.95B | $4.68B | $4.90B | $5.85B | $5.78B |
| Total Assets | $9.36B | $10.03B | $9.82B | $9.89B | $10.82B | $10.74B |
| Current Liabilities | $3.45B | $3.95B | $3.47B | $4.11B | $4.66B | $4.02B |
| Total Long-Term Debt | $2.63B | $2.64B | $2.39B | $2.39B | $3.23B | $2.49B |
| Total Liabilities | $8.68B | $9.19B | $8.66B | $8.74B | $9.78B | $9.39B |
| Shareholders' Equity | $685.0M | $838.0M | $1.16B | $1.15B | $1.04B | $1.35B |
NetApp Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.33B | $1.21B | $1.11B | $1.69B | $1.51B | $2.07B |
| Cash From Investing | $21.0M | -$561.0M | -$1.39B | -$735.0M | $147.0M | -$595.0M |
| Cash From Financing | $444.0M | -$1.02B | -$1.51B | -$1.34B | -$828.0M | -$2.15B |
| Free Cash Flow | $1.17B | $985.0M | $868.0M | $1.53B | $1.34B | $1.87B |
| Dividends Paid | $427.0M | $446.0M | $432.0M | $416.0M | $424.0M | $413.0M |
Figures from NetApp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full NetApp financials page for every line item.
NetApp Company Profile
| Ticker | NTAP |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Storage Devices |
| Headquarters | San Jose, California |
| Incorporated in | California |
| Fiscal Year End | April 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001002047 |
Frequently Asked Questions
What was NetApp's revenue in fiscal 2026?
NetApp (NTAP) reported revenue of $6.24B for fiscal 2026.
What is NetApp's annual revenue history?
NetApp's annual revenue by fiscal year: 2021: $5.74B; 2022: $6.32B; 2023: $6.36B; 2024: $6.27B; 2025: $6.57B; 2026: $6.24B.
What was NetApp's net income in fiscal 2026?
NetApp reported net income of $1.28B for fiscal 2026.
What was NetApp's earnings per share (EPS) in fiscal 2026?
NetApp's diluted EPS was $6.35 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did NetApp generate in fiscal 2026?
NetApp generated $1.87B of free cash flow in fiscal 2026.
What was NetApp's revenue last quarter?
In its most recent reported quarter (2027 Q1), NetApp reported revenue of $1.82B.
How much debt does NetApp have?
NetApp reported $2.49B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of NetApp are outstanding?
NetApp reported a weighted average of 196.0 million basic shares outstanding in 2027 Q1.
What is NetApp's market cap?
Based on its latest closing price, NetApp (NTAP) has a market capitalization of about $47.80B.
When does NetApp's fiscal year end?
NetApp's fiscal year end, as registered with the SEC, is April 30.
Where is NetApp headquartered?
NetApp lists its business address in San Jose, California in its SEC filings.