NTAP

NASDAQ · Technology

Netapp Inc

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$118.00

+5.00 (+4.42%)

As of May 9, 1:05 AM ET ·

Financial Highlights (FY 2026)

Revenue

5.94B

Net Income

1.07B

Gross Margin

70.2%

Profit Margin

18.1%

Rev Growth

+1.3%

D/E Ratio

3.11

Revenue & Net Income

Margin Trends

	FY 2026	FY 2025	FY 2024	FY 2023
Gross Margin	70.2%	70.2%	33.3%	33.3%
Operating Margin	20.3%	18.3%	17.1%	19.8%
Profit Margin	18.1%	17.2%	15.1%	18.0%

Income Statement

	FY 2026	FY 2025	FY 2024	FY 2023
Revenue	5.94B	5.86B	3.64B	3.16B
Gross Profit	4.17B	4.12B	1.21B	1.05B
Operating Income	1.21B	1.07B	622.84M	626.19M
Net Income	1.07B	952.31M	551.56M	569.20M
Gross Margin	70.2%	70.2%	33.3%	33.3%
Operating Margin	20.3%	18.3%	17.1%	19.8%
Profit Margin	18.1%	17.2%	15.1%	18.0%
Rev Growth	+1.3%	+1.3%	+8.8%	+13.3%

Balance Sheet

	FY 2026	FY 2025	FY 2024	FY 2023
Total Debt	8.44B	8.44B	2.03B	2.21B
Total Equity	2.71B	2.71B	15.79B	14.73B
D/E Ratio	3.11	3.11	0.13	0.15

Cash Flow

	FY 2026	FY 2025	FY 2024	FY 2023
EBITDA	1.22B	1.15B	1.03B	831.23M
Free Cash Flow	—	—	513.48M	506.52M