Latest Quarter
2026-01-23
NetApp Inc (NTAP)
Revenue
$1.7B
Net Income
$334M
Operating Margin
25.2%
Free Cash Flow
$1.3B
Debt / Assets
90.4%
Values are in USD and rounded to the nearest whole number unless noted.
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| Income Statement (Quarterly) | 2026-01-23 | 2025-10-24 | 2025-07-25 | 2025-01-24 |
|---|---|---|---|---|
| Revenue | 1,713,000,000 | 1,705,000,000 | 1,559,000,000 | 1,641,000,000 |
| Cost of Revenue | 504,000,000 | 478,000,000 | 461,000,000 | 496,000,000 |
| Gross Profit | 1,209,000,000 | 1,227,000,000 | 1,098,000,000 | 1,145,000,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 541,000,000 | 554,000,000 | 545,000,000 | 525,000,000 |
| Operating Expenses | 778,000,000 | 828,000,000 | 789,000,000 | 783,000,000 |
| Operating Income | 431,000,000 | 399,000,000 | 309,000,000 | 362,000,000 |
| Interest Expense | 26,000,000 | 26,000,000 | 29,000,000 | 12,000,000 |
| Income Before Tax | 433,000,000 | 393,000,000 | 304,000,000 | 370,000,000 |
| Income Tax Expense | 99,000,000 | 88,000,000 | 71,000,000 | 71,000,000 |
| Net Income | 334,000,000 | 305,000,000 | 233,000,000 | 299,000,000 |
| Per Share | ||||
| EPS | 1.69 | 1.53 | 1.16 | 1.47 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2025-04-30 | 2025-04-25 | 2024-04-26 | 2023-04-30 | 2023-04-28 |
|---|---|---|---|---|---|
| Revenue | 6,572,000,000 | 6,572,000,000 | 6,268,000,000 | 6,362,000,000 | 6,362,000,000 |
| Cost of Revenue | 1,959,000,000 | 1,959,000,000 | 1,835,000,000 | 2,153,000,000 | 2,153,000,000 |
| Gross Profit | 4,613,000,000 | 4,613,000,000 | 4,433,000,000 | 4,209,000,000 | 4,209,000,000 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,176,000,000 | 2,176,000,000 | 2,136,000,000 | 2,094,000,000 | 2,094,000,000 |
| Operating Expenses | 3,276,000,000 | 3,276,000,000 | 3,219,000,000 | 3,050,000,000 | 3,050,000,000 |
| Operating Income | 1,337,000,000 | 1,337,000,000 | 1,214,000,000 | 1,018,000,000 | 1,018,000,000 |
| Interest Expense | 64,000,000 | 64,000,000 | 64,000,000 | 234,000,000 | 234,000,000 |
| Income Before Tax | 1,383,000,000 | 1,383,000,000 | 1,263,000,000 | 1,066,000,000 | 1,066,000,000 |
| Income Tax Expense | 197,000,000 | 197,000,000 | 277,000,000 | -208,000,000 | -208,000,000 |
| Net Income | 1,186,000,000 | 1,186,000,000 | 986,000,000 | 1,274,000,000 | 1,274,000,000 |
| Per Share | |||||
| EPS | 5.81 | 5.81 | 4.74 | 0.00 | 5.87 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2025-04-30 | 2025-04-25 | 2024-04-30 | 2024-04-26 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 2,742,000,000 | 2,742,000,000 | -3,252,000,000 | 1,903,000,000 |
| Short Term Investments | 1,104,000,000 | 1,104,000,000 | 6,504,000,000 | 1,349,000,000 |
| Net Receivables | 1,246,000,000 | 1,246,000,000 | 1,007,000,000 | 1,007,000,000 |
| Inventory | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 |
| Total Current Assets | 5,851,000,000 | 5,851,000,000 | 4,897,000,000 | 4,897,000,000 |
| Property Plant Equipment | 804,000,000 | 804,000,000 | 604,000,000 | 851,000,000 |
| Goodwill and Intangibles | 2,766,000,000 | 2,766,000,000 | 0 | 2,883,000,000 |
| Total Assets | 10,823,000,000 | 10,823,000,000 | 9,887,000,000 | 9,887,000,000 |
| Liabilities | ||||
| Account Payables | 511,000,000 | 511,000,000 | 517,000,000 | 517,000,000 |
| Short Term Debt | 790,000,000 | 790,000,000 | 400,000,000 | 440,000,000 |
| Total Current Liabilities | 4,662,000,000 | 4,662,000,000 | 4,106,000,000 | 4,106,000,000 |
| Long Term Debt | 2,701,000,000 | 2,701,000,000 | 1,992,000,000 | 2,212,000,000 |
| Total Liabilities | 9,783,000,000 | 9,783,000,000 | 8,741,000,000 | 8,741,000,000 |
| Shareholders Equity | ||||
| Retained Earnings | 0 | 0 | 0 | 208,000,000 |
| Total Shareholders Equity | 1,040,000,000 | 1,040,000,000 | 1,146,000,000 | 1,146,000,000 |
| Balance Sheet (Annual) | 2025-04-30 | 2025-04-25 | 2024-04-30 | 2024-04-26 | 2023-04-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 2,742,000,000 | 2,742,000,000 | -3,252,000,000 | 1,903,000,000 | 0 |
| Short Term Investments | 1,104,000,000 | 1,104,000,000 | 6,504,000,000 | 1,349,000,000 | 0 |
| Net Receivables | 1,246,000,000 | 1,246,000,000 | 1,007,000,000 | 1,007,000,000 | 987,000,000 |
| Inventory | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 167,000,000 |
| Total Current Assets | 5,851,000,000 | 5,851,000,000 | 4,897,000,000 | 4,897,000,000 | 4,680,000,000 |
| Property Plant Equipment | 804,000,000 | 804,000,000 | 604,000,000 | 851,000,000 | 650,000,000 |
| Goodwill and Intangibles | 2,766,000,000 | 2,766,000,000 | 0 | 2,883,000,000 | 0 |
| Total Assets | 10,823,000,000 | 10,823,000,000 | 9,887,000,000 | 9,887,000,000 | 9,818,000,000 |
| Liabilities | |||||
| Account Payables | 511,000,000 | 511,000,000 | 517,000,000 | 517,000,000 | 392,000,000 |
| Short Term Debt | 790,000,000 | 790,000,000 | 400,000,000 | 440,000,000 | 0 |
| Total Current Liabilities | 4,662,000,000 | 4,662,000,000 | 4,106,000,000 | 4,106,000,000 | 3,467,000,000 |
| Long Term Debt | 2,701,000,000 | 2,701,000,000 | 1,992,000,000 | 2,212,000,000 | 2,389,000,000 |
| Total Liabilities | 9,783,000,000 | 9,783,000,000 | 8,741,000,000 | 8,741,000,000 | 8,659,000,000 |
| Shareholders Equity | |||||
| Retained Earnings | 0 | 0 | 0 | 208,000,000 | 0 |
| Total Shareholders Equity | 1,040,000,000 | 1,040,000,000 | 1,146,000,000 | 1,146,000,000 | 1,159,000,000 |
| Cash Flow Statement (Quarterly) | 2025-04-30 | 2025-04-25 | 2024-04-30 | 2024-04-26 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 1,186,000,000 | 1,186,000,000 | 986,000,000 | 986,000,000 |
| Depreciation & Amortization | 243,000,000 | 243,000,000 | 255,000,000 | 255,000,000 |
| Stock Based Compensation | 386,000,000 | 386,000,000 | 0 | 357,000,000 |
| Change in Working Capital | -250,000,000 | -250,000,000 | 2,000,000 | 2,000,000 |
| Operating Cash Flow | 1,506,000,000 | 1,506,000,000 | 1,685,000,000 | 1,685,000,000 |
| Investing Activities | ||||
| Capital Expenditure | -168,000,000 | -168,000,000 | -155,000,000 | -155,000,000 |
| Investments | -168,000,000 | -168,000,000 | -155,000,000 | -155,000,000 |
| Investing Cash Flow | 147,000,000 | 147,000,000 | -735,000,000 | -735,000,000 |
| Financing Activities | ||||
| Debt Repayment | 840,000,000 | 840,000,000 | 0 | 0 |
| Common Stock Issued/Repurchased | -1,042,000,000 | -1,042,000,000 | -800,000,000 | -900,000,000 |
| Dividends Paid | -424,000,000 | -424,000,000 | -416,000,000 | -416,000,000 |
| Financing Cash Flow | -828,000,000 | -828,000,000 | -1,344,000,000 | -1,344,000,000 |
| Summary | ||||
| Free Cash Flow | 1,338,000,000 | 1,338,000,000 | 1,530,000,000 | 1,530,000,000 |
| Net Change in Cash | 840,000,000 | 840,000,000 | -394,000,000 | -413,000,000 |
| Cash Flow Statement (Annual) | 2025-04-30 | 2025-04-25 | 2024-04-30 | 2024-04-26 | 2023-04-30 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 1,186,000,000 | 1,186,000,000 | 986,000,000 | 986,000,000 | 1,274,000,000 |
| Depreciation & Amortization | 243,000,000 | 243,000,000 | 255,000,000 | 255,000,000 | 248,000,000 |
| Stock Based Compensation | 386,000,000 | 386,000,000 | 0 | 357,000,000 | 312,000,000 |
| Change in Working Capital | -250,000,000 | -250,000,000 | 2,000,000 | 2,000,000 | -106,000,000 |
| Operating Cash Flow | 1,506,000,000 | 1,506,000,000 | 1,685,000,000 | 1,685,000,000 | 1,107,000,000 |
| Investing Activities | |||||
| Capital Expenditure | -168,000,000 | -168,000,000 | -155,000,000 | -155,000,000 | -239,000,000 |
| Investments | -168,000,000 | -168,000,000 | -155,000,000 | -155,000,000 | -239,000,000 |
| Investing Cash Flow | 147,000,000 | 147,000,000 | -735,000,000 | -735,000,000 | -1,390,000,000 |
| Financing Activities | |||||
| Debt Repayment | 840,000,000 | 840,000,000 | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | -1,042,000,000 | -1,042,000,000 | -800,000,000 | -900,000,000 | -850,000,000 |
| Dividends Paid | -424,000,000 | -424,000,000 | -416,000,000 | -416,000,000 | -432,000,000 |
| Financing Cash Flow | -828,000,000 | -828,000,000 | -1,344,000,000 | -1,344,000,000 | -1,513,000,000 |
| Summary | |||||
| Free Cash Flow | 1,338,000,000 | 1,338,000,000 | 1,530,000,000 | 1,530,000,000 | 868,000,000 |
| Net Change in Cash | 840,000,000 | 840,000,000 | -394,000,000 | -413,000,000 | -1,797,000,000 |