NetApp, Inc
NTAPNasdaqCIK 1002047Technology / Computer Hardwarefiscal year ends April69 quarters since 2009
Latest quarter Q1 FY2027, filed September 2, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q2 FY2023 to Q1 FY2027, through the filing of September 2, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.
| Millions of dollars | Q1 FY2027ended Jul 31, 2026filed Sep 2, 2026 | Q4 FY2026ended Apr 24, 2026filed Jun 5, 2026 | Q3 FY2026ended Jan 23, 2026filed Feb 26, 2026 | Q2 FY2026ended Oct 24, 2025filed Nov 25, 2025 | Q1 FY2026ended Jul 25, 2025filed Aug 27, 2025 | Q4 FY2025ended Apr 25, 2025filed Jun 9, 2025 | Q3 FY2025ended Jan 24, 2025filed Feb 27, 2025 | Q2 FY2025ended Oct 25, 2024filed Nov 25, 2024 | YoYQ1 FY2027vs Q1 FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,025 | 1,948 | 1,713 | 1,705 | 1,559 | 1,732 | 1,641 | 1,658 | +29.9% |
| Cost of revenue | 606 | 583 | 504 | 478 | 461 | 539 | 496 | 481 | +31.5% |
| Gross profit | 1,419 | 1,365 | 1,209 | 1,227 | 1,098 | 1,193 | 1,145 | 1,177 | +29.2% |
| Research and development | 274 | 261 | 237 | 251 | 242 | 256 | 247 | 257 | +13.2% |
| Selling, general and administrative | 98 | 85 | 86 | 89 | 84 | 85 | 74 | 77 | +16.7% |
| Operating income | 484 | 532 | 434 | 399 | 309 | 348 | 362 | 345 | +56.6% |
| Other income (expense) | 0 | (14) | (1) | (6) | (5) | 6 | 8 | 15 | +100.0% |
| Pretax income | 484 | 518 | 433 | 393 | 304 | 354 | 370 | 360 | +59.2% |
| Income tax | 109 | 114 | 99 | 88 | 71 | 14 | 71 | 61 | +53.5% |
| Net income | 375 | 404 | 334 | 305 | 233 | 340 | 299 | 299 | +60.9% |
| Diluted EPS ($) | 1.88 | — | 1.67 | 1.51 | 1.15 | — | 1.44 | 1.42 | +63.5% |
| Diluted shares (millions) | 200 | — | 200 | 202 | 203 | — | 208 | 210 | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.
| Millions of dollars | Q1 FY2027ended Jul 31, 2026filed Sep 2, 2026 | Q4 FY2026ended Apr 24, 2026filed Jun 5, 2026 | Q3 FY2026ended Jan 23, 2026filed Feb 26, 2026 | Q2 FY2026ended Oct 24, 2025filed Nov 25, 2025 | Q1 FY2026ended Jul 25, 2025filed Aug 27, 2025 | Q4 FY2025ended Apr 25, 2025filed Jun 9, 2025 | Q3 FY2025ended Jan 24, 2025filed Feb 27, 2025 | Q2 FY2025ended Oct 25, 2024filed Nov 25, 2024 | YoYQ1 FY2027vs Q1 FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1,573 | 2,070 | 1,629 | 2,072 | 2,085 | 2,742 | 1,511 | 1,478 | −24.6% |
| Short-term investments | 2,003 | 1,514 | 1,379 | 942 | 1,239 | 1,104 | 750 | 744 | +61.7% |
| Total current assets | 5,672 | 5,776 | 4,996 | 4,654 | 4,687 | 5,851 | 3,908 | 3,939 | +21.0% |
| Total assets | 10,955 | 10,744 | 9,971 | 9,630 | 9,679 | 10,823 | 8,989 | 9,004 | +13.2% |
| Total current liabilities | 4,568 | 4,021 | 3,594 | 3,470 | 3,569 | 4,662 | 4,195 | 4,317 | +28.0% |
| Long-term debt | 1,938 | 2,487 | 2,486 | 2,486 | 2,485 | 2,485 | 1,244 | 1,244 | −22.0% |
| Total liabilities | 9,460 | 9,393 | 8,813 | 8,644 | 8,704 | 9,783 | 7,994 | 8,112 | +8.7% |
| Stockholders’ equity | 1,495 | 1,351 | 1,158 | 986 | 975 | 1,040 | 995 | 892 | +53.3% |
| Shares outstanding (millions) | 196 | 196 | 197 | 198 | 200 | 200 | 203 | 203 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.
| Millions of dollars | Q1 FY2027ended Jul 31, 2026filed Sep 2, 2026 | Q4 FY2026ended Apr 24, 2026filed Jun 5, 2026 | Q3 FY2026ended Jan 23, 2026filed Feb 26, 2026 | Q2 FY2026ended Oct 24, 2025filed Nov 25, 2025 | Q1 FY2026ended Jul 25, 2025filed Aug 27, 2025 | Q4 FY2025ended Apr 25, 2025filed Jun 9, 2025 | Q3 FY2025ended Jan 24, 2025filed Feb 27, 2025 | Q2 FY2025ended Oct 25, 2024filed Nov 25, 2024 | YoYQ1 FY2027vs Q1 FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 503 | 950 | 317 | 127 | 673 | 675 | 385 | 105 | −25.3% |
| Capital expenditures | 102 | 50 | 46 | 49 | 53 | 35 | 47 | 45 | +92.5% |
| Free cash flow (CFO − capex) | 401 | 900 | 271 | 78 | 620 | 640 | 338 | 60 | −35.3% |
| Depreciation and amortization | 33 | 28 | 48 | 52 | 51 | 6 | 64 | 63 | −35.3% |
| Share repurchases | 200 | 200 | 200 | 250 | 300 | 250 | 200 | 300 | −33.3% |
| Dividends paid | 102 | 103 | 103 | 103 | 104 | 105 | 106 | 106 | −1.9% |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2026 filed June 5, 2026.
Income statement
| Millions of dollars | FY2026ended Apr 24, 2026filed Jun 5, 2026 | FY2025ended Apr 25, 2025filed Jun 9, 2025 | FY2024ended Apr 26, 2024filed Jun 10, 2024 | FY2023ended Apr 28, 2023filed Jun 14, 2023 | FY2022ended Apr 29, 2022filed Jun 16, 2022 | FY2021ended Apr 30, 2021filed Jun 21, 2021 | FY2020ended Apr 24, 2020filed Jun 15, 2020 | FY2019ended Apr 26, 2019filed Jun 18, 2019 | FY2018ended Apr 27, 2018filed Jun 19, 2018 | FY2017ended Apr 28, 2017filed Jun 20, 2017 | FY2016ended Apr 29, 2016filed Jun 22, 2016 | FY2015ended Apr 24, 2015filed Jun 12, 2015 | FY2014ended Apr 25, 2014filed Jun 17, 2014 | FY2013ended Apr 26, 2013filed Jun 17, 2013 | FY2012ended Apr 27, 2012filed Jun 19, 2012 | FY2011ended Apr 29, 2011filed Jun 23, 2011 | FY2010ended Apr 30, 2010filed Sep 13, 2010 | FY2009ended Apr 24, 2009filed Sep 13, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,925 | 6,572 | 6,268 | 6,362 | 6,318 | 5,744 | 5,412 | 6,146 | 5,919 | 5,491 | 5,546 | 6,123 | 6,325 | 6,332 | 6,233 | 5,123 | 3,931 | 3,406 |
| Cost of revenue | 2,026 | 1,959 | 1,835 | 2,153 | 2,098 | 1,929 | 1,789 | 2,201 | 2,210 | 2,127 | 2,173 | 2,290 | 2,406 | 2,571 | 2,520 | 1,794 | 1,412 | 1,417 |
| Gross profit | 4,899 | 4,613 | 4,433 | 4,209 | 4,220 | 3,815 | 3,623 | 3,945 | 3,709 | 3,364 | 3,373 | 3,833 | 3,919 | 3,761 | 3,713 | 3,329 | 2,519 | 1,990 |
| Research and development | 991 | 1,012 | 1,029 | 956 | 881 | 881 | 847 | 827 | 783 | 779 | 861 | 920 | 918 | 904 | 828 | 649 | 536 | 499 |
| Selling, general and administrative | 344 | 311 | 308 | 265 | 279 | 257 | 263 | 278 | 280 | 271 | 307 | 284 | 281 | 273 | 265 | 251 | 239 | 204 |
| Operating income | 1,674 | 1,337 | 1,214 | 1,018 | 1,157 | 1,031 | 945 | 1,221 | 1,158 | 621 | 348 | 716 | 734 | 608 | 747 | 824 | 488 | 47 |
| Other income (expense) | (26) | 46 | 49 | 48 | (62) | (69) | (1) | 47 | 41 | 0 | (3) | (3) | 7 | (41) | (34) | (30) | (41) | (39) |
| Pretax income | 1,648 | 1,383 | 1,263 | 1,066 | 1,095 | 962 | 944 | 1,268 | 1,199 | 621 | 345 | 713 | 741 | 567 | 712 | 794 | 447 | 8 |
| Income tax | 372 | 197 | 277 | (208) | 158 | 232 | 125 | 99 | 1,083 | 140 | 116 | 153 | 103 | 61 | 107 | 121 | 47 | (56) |
| Net income | 1,276 | 1,186 | 986 | 1,274 | 937 | 730 | 819 | 1,169 | 116 | 481 | 229 | 560 | 638 | 505 | 605 | 673 | 400 | 65 |
| Diluted EPS ($) | 6.35 | 5.67 | 4.63 | 5.79 | 4.09 | 3.23 | 3.52 | 4.51 | 0.42 | 1.71 | 0.77 | 1.75 | 1.83 | 1.37 | 1.58 | 1.71 | 1.13 | 0.19 |
| Diluted shares (millions) | 201 | 209 | 213 | 220 | 229 | 226 | 233 | 259 | 276 | 281 | 297 | 321 | 348 | 368 | 384 | 394 | 353 | 335 |
Balance sheet
| Millions of dollars | FY2026ended Apr 24, 2026filed Jun 5, 2026 | FY2025ended Apr 25, 2025filed Jun 9, 2025 | FY2024ended Apr 26, 2024filed Jun 10, 2024 | FY2023ended Apr 28, 2023filed Jun 14, 2023 | FY2022ended Apr 29, 2022filed Jun 16, 2022 | FY2021ended Apr 30, 2021filed Jun 21, 2021 | FY2020ended Apr 24, 2020filed Jun 15, 2020 | FY2019ended Apr 26, 2019filed Jun 18, 2019 | FY2018ended Apr 27, 2018filed Jun 19, 2018 | FY2017ended Apr 28, 2017filed Jun 20, 2017 | FY2016ended Apr 29, 2016filed Jun 22, 2016 | FY2015ended Apr 24, 2015filed Jun 12, 2015 | FY2014ended Apr 25, 2014filed Jun 17, 2014 | FY2013ended Apr 26, 2013filed Jun 17, 2013 | FY2012ended Apr 27, 2012filed Jun 19, 2012 | FY2011ended Apr 29, 2011filed Jun 23, 2011 | FY2010ended Apr 30, 2010filed Sep 13, 2010 | FY2009ended Apr 24, 2009filed Sep 13, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,070 | 2,742 | 1,903 | 2,316 | 4,112 | 4,529 | 2,658 | 2,325 | 2,941 | 2,444 | 2,868 | 1,922 | 2,291 | 3,277 | 1,550 | 2,757 | 1,705 | 1,494 |
| Short-term investments | 1,514 | 1,104 | 1,349 | 754 | 22 | 67 | 224 | 1,574 | 2,450 | 2,477 | 2,435 | 3,404 | 2,712 | 3,676 | 3,849 | 2,417 | — | — |
| Total current assets | 5,776 | 5,851 | 4,897 | 4,680 | 5,945 | 6,001 | 4,274 | 5,610 | 6,952 | 6,198 | 6,448 | 6,773 | 6,471 | 8,418 | 6,827 | 6,365 | 4,537 | — |
| Total assets | 10,744 | 10,823 | 9,887 | 9,818 | 10,026 | 9,360 | 7,522 | 8,741 | 9,991 | 9,493 | 10,037 | 9,401 | 9,214 | 11,242 | 9,532 | 8,499 | 6,494 | — |
| Total current liabilities | 4,021 | 4,662 | 4,106 | 3,467 | 3,953 | 3,452 | 3,616 | 3,867 | 3,531 | 4,122 | 3,662 | 2,709 | 2,695 | 3,831 | 3,520 | 3,373 | 1,911 | — |
| Long-term debt | 2,487 | 2,485 | 1,992 | 2,389 | 2,386 | 2,632 | 1,146 | 1,144 | 1,541 | 744 | 1,490 | 1,487 | 990 | 995 | 0 | — | — | — |
| Total liabilities | 9,393 | 9,783 | 8,741 | 8,659 | 9,188 | 8,675 | 7,280 | 7,651 | 7,715 | 6,713 | 7,156 | 5,987 | 5,427 | 6,525 | 5,176 | 4,654 | 3,964 | — |
| Stockholders’ equity | 1,351 | 1,040 | 1,146 | 1,159 | 838 | 685 | 242 | 1,090 | 2,276 | 2,949 | 2,881 | 3,414 | 3,787 | 4,718 | 4,294 | 3,730 | 2,531 | 1,784 |
| Shares outstanding (millions) | 196 | 200 | 206 | 212 | 221 | 223 | 222 | 240 | 263 | 272 | 280 | 305 | 323 | 361 | 367 | 371 | — | — |
Cash flow statement
| Millions of dollars | FY2026ended Apr 24, 2026filed Jun 5, 2026 | FY2025ended Apr 25, 2025filed Jun 9, 2025 | FY2024ended Apr 26, 2024filed Jun 10, 2024 | FY2023ended Apr 28, 2023filed Jun 14, 2023 | FY2022ended Apr 29, 2022filed Jun 16, 2022 | FY2021ended Apr 30, 2021filed Jun 21, 2021 | FY2020ended Apr 24, 2020filed Jun 15, 2020 | FY2019ended Apr 26, 2019filed Jun 18, 2019 | FY2018ended Apr 27, 2018filed Jun 19, 2018 | FY2017ended Apr 28, 2017filed Jun 20, 2017 | FY2016ended Apr 29, 2016filed Jun 22, 2016 | FY2015ended Apr 24, 2015filed Jun 12, 2015 | FY2014ended Apr 25, 2014filed Jun 17, 2014 | FY2013ended Apr 26, 2013filed Jun 17, 2013 | FY2012ended Apr 27, 2012filed Jun 19, 2012 | FY2011ended Apr 29, 2011filed Jun 23, 2011 | FY2010ended Apr 30, 2010filed Sep 13, 2010 | FY2009ended Apr 24, 2009filed Sep 13, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,067 | 1,506 | 1,685 | 1,107 | 1,211 | 1,333 | 1,060 | 1,341 | 1,478 | 986 | 974 | 1,268 | 1,350 | 1,386 | 1,463 | 1,346 | 975 | 889 |
| Capital expenditures | 198 | 168 | 155 | 239 | 226 | 162 | 124 | 173 | 145 | 175 | 160 | 175 | 221 | 303 | 407 | 223 | 136 | 290 |
| Free cash flow (CFO − capex) | 1,869 | 1,338 | 1,530 | 868 | 985 | 1,171 | 936 | 1,168 | 1,333 | 811 | 814 | 1,093 | 1,129 | 1,083 | 1,056 | 1,124 | 839 | 600 |
| Depreciation and amortization | 179 | 196 | 198 | 181 | 148 | 207 | 154 | 150 | 145 | 178 | 212 | 243 | 275 | 259 | 293 | 166 | 166 | 171 |
| Share repurchases | 950 | 1,150 | 900 | 850 | 600 | 125 | 1,411 | 2,111 | 794 | 705 | 960 | 1,165 | 1,881 | 590 | 600 | 0 | 0 | 400 |
| Dividends paid | 413 | 424 | 416 | 432 | 446 | 427 | 439 | 403 | 214 | 208 | 210 | 208 | 202 | 0 | 0 | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 15, 2026 | O'Callahan Elizabeth M | EVP, Chief Admin. Officer | option exercise | 1,385 | — | — | 31,122 | Oct 19, 2026 |
| Oct 15, 2026 | O'Callahan Elizabeth M | EVP, Chief Admin. Officer | tax withholding | 699 | $222.20 | $155K | 30,423 | Oct 19, 2026 |
| Oct 15, 2026 | Nair Syam | EVP, Chief Product Officer | option exercise | 1,847 | — | — | 38,541 | Oct 19, 2026 |
| Oct 15, 2026 | Nair Syam | EVP, Chief Product Officer | tax withholding | 727 | $222.20 | $162K | 37,814 | Oct 19, 2026 |
| Oct 15, 2026 | Jabre Wissam G | EVP, CFO | option exercise | 1,732 | — | — | 40,342 | Oct 19, 2026 |
| Oct 15, 2026 | Jabre Wissam G | EVP, CFO | tax withholding | 874 | $222.20 | $194K | 39,468 | Oct 19, 2026 |
| Oct 15, 2026 | Kurian George | CEO, Director | option exercise | 3,657 | — | — | 212,194 | Oct 19, 2026 |
| Oct 15, 2026 | Kurian George | CEO, Director | tax withholding | 1,845 | $222.20 | $410K | 210,349 | Oct 19, 2026 |
| Oct 15, 2026 | Cernuda Cesar | President | option exercise | 1,847 | — | — | 48,377 | Oct 19, 2026 |
| Oct 15, 2026 | Cernuda Cesar | President | tax withholding | 869 | $222.20 | $193K | 47,508 | Oct 19, 2026 |
| Oct 15, 2026 | De Lorenzo Daniel | SVP, Chief Accounting Officer | option exercise | 808 | — | — | 2,375 | Oct 19, 2026 |
| Oct 15, 2026 | De Lorenzo Daniel | SVP, Chief Accounting Officer | tax withholding | 287 | $222.20 | $64K | 2,088 | Oct 19, 2026 |
| Oct 12, 2026 | O'Callahan Elizabeth M | EVP, Chief Admin. Officer | open-market sale10b5-1 | 1,000 | $237.42 | $237K | 29,737 | Oct 14, 2026 |
| Oct 2, 2026 | Palin Carrie | Director | open-market sale | 5,000 | $216.43 | $1M | 6,660 | Oct 6, 2026 |
| Oct 1, 2026 | Held Gerald | Director | open-market sale | 5,757 | $212.00 | $1M | 10,325 | Oct 5, 2026 |
| Oct 1, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 3,689 | $209.01 | $771K | 214,848 | Oct 5, 2026 |
| Oct 1, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 3,612 | $210.20 | $759K | 211,236 | Oct 5, 2026 |
| Oct 1, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 1,697 | $210.98 | $358K | 209,539 | Oct 5, 2026 |
| Oct 1, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 1,002 | $211.67 | $212K | 208,537 | Oct 5, 2026 |
| Sep 29, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 50,000 | $209.95 | $10M | 218,537 | Oct 1, 2026 |
| Sep 24, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 37,000 | $199.95 | $7M | 268,537 | Sep 28, 2026 |
| Sep 21, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 13,000 | $200.01 | $3M | 305,537 | Sep 23, 2026 |
| Sep 21, 2026 | Ahuja Deepak | Director | open-market sale10b5-1 | 3,450 | $200.00 | $690K | 12,814 | Sep 23, 2026 |
| Sep 14, 2026 | Ahuja Deepak | Director | open-market sale10b5-1 | 3,526 | $194.04 | $684K | 16,264 | Sep 16, 2026 |
| Sep 14, 2026 | Kurian George | CEO, Director | open-market sale10b5-1 | 11,616 | $190.28 | $2M | 346,921 | Sep 16, 2026 |
Full insider history for NetApp, Inc, or insider activity across all companies. A record of filings, not a recommendation.
Sources
Fiscal year ends in month 4; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- NetApp, Inc., CIK 1002047 on EDGAR
- Extract generated
- October 6, 2026
- Withheld
- 2 line-years whose four quarters do not sum to the filed year: dividends FY2014, revenue FY2022
- Repaired
- none
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTax, Revenues, SalesRevenueNetCostOfGoodsAndServicesSold, CostOfRevenueGrossProfitResearchAndDevelopmentExpenseGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueShortTermInvestmentsAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtNoncurrentLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivities, NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsPaymentsToAcquirePropertyPlantAndEquipmentDepreciationAndAmortization, DepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockPaymentsOfDividendsThe data
The statements on this page as files, generated October 6, 2026.
- JSON file
/data/financials/NTAP.json