NetApp, Inc.
NTAPTech hardwarenetapp.com
Latest available resultsJuly 31, 2026Quarter · 10-Q filed Sep 2, 2026
Next reportDecember 1, 2026forecast 2.653 $/share
Revenue
$1.82B
▲ +30.1% vs prior year YoY
Net income
$375.00M
▲ +60.9% vs prior year YoY
EPS
1.88$
▲ +63.5% vs prior year YoY
Net margin
20.6%
▲ +3.9 pp vs prior year YoY
Revenue▲ +30.1%
Margins (% of revenue)GrossOperatingNet
Net income▲ +60.9%
EPS▲ +63.5%
Financial statements
View 10-Q filed September 2, 2026 on SEC ↗| Metric | Oct 2024 | Jan 2025 | Apr 2025* | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026* | Jul 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.66B | $1.64B | $1.73B | $1.40B | $1.71B | $1.71B | — | $1.82B | ▲ +30.1% |
| Gross profit | $1.18B | $1.15B | $1.19B | $1.10B | $1.23B | $1.21B | $1.36B | $1.42B | ▲ +29.2% |
| Operating income | $345.00M | $362.00M | $348.00M | $309.00M | $399.00M | $434.00M | $532.00M | $484.00M | ▲ +56.6% |
| Net income | $299.00M | $299.00M | $340.00M | $233.00M | $305.00M | $334.00M | $404.00M | $375.00M | ▲ +60.9% |
| R&D | $257.00M | $247.00M | $256.00M | $242.00M | $251.00M | $237.00M | $261.00M | $274.00M | ▲ +13.2% |
| EPS (diluted) | 1.42 $ | 1.44 $ | — | 1.15 $ | 1.51 $ | 1.67 $ | — | 1.88 $ | ▲ +63.5% |
| Margins (% of revenue) | |||||||||
| Gross | 71.0 % | 69.8 % | 68.9 % | 78.5 % | 72.0 % | 70.6 % | — | 78.0 % | ▼ -0.5 pt |
| Operating | 20.8 % | 22.1 % | 20.1 % | 22.1 % | 23.4 % | 25.3 % | — | 26.6 % | ▲ +4.5 pt |
| Net | 18.0 % | 18.2 % | 19.6 % | 16.7 % | 17.9 % | 19.5 % | — | 20.6 % | ▲ +3.9 pt |
| Balance sheet | |||||||||
| Assets | $9.00B | $8.99B | $10.82B | $9.68B | $9.63B | $9.97B | $10.74B | $10.96B | ▲ +13.2% |
| Liabilities | $8.11B | $7.99B | $9.78B | $8.70B | $8.64B | $8.81B | $9.39B | $9.46B | ▲ +8.7% |
| Equity | $892.00M | $995.00M | $1.04B | $975.00M | $986.00M | $1.16B | $1.35B | $1.50B | ▲ +53.3% |
| Cash | $1.48B | $1.51B | $2.74B | $2.08B | $2.07B | $1.63B | $2.07B | $1.57B | ▼ -24.6% |
| Capital | |||||||||
| Shares outstanding | 198.06M | 203.41M | 200.37M | 196.42M | — | 197.33M | 195.92M | — | — |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.