NetApp revenue and financials
$220.17Change from previous close: −2.70%Absolute change: −$6.11
In the fiscal year ended April 2026, NetApp reported revenue of $6.24B (+5.59% year over year). Net income was $1.28B, a net margin of 20.5%.
Fiscal year ending in April. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.59%
- FY to Apr 2026 vs FY to Apr 2025
- Net income growth
- +7.59%
- FY to Apr 2026 vs FY to Apr 2025
- Net margin
- 20.5%
- FY to Apr 2025: 20.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Apr 2026 | FY to Apr 2025 | FY to Apr 2024 | FY to Apr 2023 | FY to Apr 2022 | FY to Apr 2021 | FY to Apr 2020 | FY to Apr 2019 | FY to Apr 2018 | FY to Apr 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 6,237 | 5,907 | 5,657 | 6,362 | 6,318 | 5,744 | 5,412 | 6,146 | 5,919 | 5,491 |
| Cost of revenue | 2,026 | 1,959 | 1,835 | 2,153 | 2,098 | 1,929 | 1,789 | 2,201 | 2,212 | 2,129 |
| Gross profit | 4,899 | 4,613 | 4,433 | 4,209 | 4,220 | 3,815 | 3,623 | 3,945 | 3,709 | 3,364 |
| Research and development | 991 | 1,012 | 1,029 | 956 | 881 | 881 | 847 | 827 | 783 | 779 |
| Operating income | 1,674 | 1,337 | 1,214 | 1,018 | 1,157 | 1,031 | 945 | 1,221 | 1,158 | 621 |
| Interest expense | — | — | 64.0 | 67.0 | 73.0 | 74.0 | 55.0 | 58.0 | 62.0 | 52.0 |
| Income tax | 372 | 197 | 277 | -208 | 158 | 232 | 125 | 99.0 | 1,083 | 140 |
| Net income | 1,276 | 1,186 | 986 | 1,274 | 937 | 730 | 819 | 1,169 | 116 | 481 |
| Basic EPS | 6.41 | 5.81 | 4.74 | 5.87 | 4.20 | 3.29 | 3.56 | 4.60 | 0.43 | 1.75 |
| Diluted EPS | 6.35 | 5.67 | 4.63 | 5.79 | 4.09 | 3.23 | 3.52 | 4.51 | 0.42 | 1.71 |
| Average shares (diluted) | 201 | 209 | 213 | 220 | 229 | 226 | 233 | 259 | 276 | 281 |