NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
194.62
+11.02 (6.00%)
Sep 11, 2026, 10:37 AM EDT - Market open

NetApp Financials Overview

Millions USD. Fiscal year is May - Apr.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Revenue
7,3916,9256,5726,2686,3626,318
Revenue Growth
12.16%5.37%4.85%-1.48%0.70%9.99%
Gross Profit
5,2204,8994,6134,4334,2094,220
Operating Income
1,9241,6951,4251,2681,1591,203
Net Income
1,4181,2761,1869861,274937
Earnings Per Share
7.096.355.674.635.794.09
EPS Growth
25.16%11.99%22.46%-20.04%41.57%26.63%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Product
3,5273,1943,0402,8493,0493,284
Support
2,7092,6362,5122,4882,4192,344
Professional & Other Services
422407355320319294
Public Cloud
733688665611575396
Revenue (Total)
7,3916,9256,5726,2686,3626,318

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cash & Investments
3,5763,5843,8463,2583,0774,140
Total Debt
2,5342,7333,4912,6522,6842,940
Net Cash (Debt)
1,0428513556063931,200
Net Cash Growth
78.12%139.72%-41.42%54.20%-67.25%-35.20%
Net Cash Per Share
5.204.231.702.851.795.24

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Operating Cash Flow
1,8972,0671,5061,6851,1071,211
Capital Expenditures
-247-198-168-155-239-226
Free Cash Flow
1,6501,8691,3381,530868985
Free Cash Flow Growth
-0.48%39.69%-12.55%76.27%-11.88%-15.88%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Gross Margin
70.63%70.74%70.19%70.72%66.16%66.79%
Operating Margin
26.03%24.48%21.68%20.23%18.22%19.04%
Pretax Margin
24.73%23.80%21.04%20.15%16.76%17.33%
Profit Margin
19.18%18.43%18.05%15.73%20.03%14.83%
FCF Margin
22.32%26.99%20.36%24.41%13.64%15.59%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Dividend Per Share
2.0802.0802.0802.0002.0002.000
Dividend Per Share Growth
0%0%4.00%0%0%4.17%
Dividend Yield
1.07%1.92%2.40%2.06%3.39%3.01%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
PE Ratio
25.9116.8115.1721.2110.5617.40
Forward PE
18.5012.9111.8815.2411.7114.23
P/FCF Ratio
21.8611.4813.4513.6715.5016.55
PS Ratio
4.883.102.743.342.122.58