NetApp revenue and financials

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Close · October 5, 2026

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%.

Annual revenue · 2026: $6.24B
  1. $5.49B2017
  2. $5.92B2018
  3. $6.15B2019
  4. $5.41B2020
  5. $5.74B2021
  6. $6.32B2022
  7. $6.36B2023
  8. $5.66B2024
  9. $5.91B2025
  10. $6.24B2026

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.

Income statement · Quarterly
ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025
Total revenue2,0251,9481,7131,7051,559
Cost of revenue606583504478461
Gross profit1,4191,3651,2091,2271,098
Selling, general and administrative605573541554545
Research and development274261237251242
Operating income540531431422311
EBIT513546459419333
EBITDA546595507471384
Interest expense29.028.026.026.029.0
Pre-tax income484518433393304
Income tax10911499.088.071.0
Net income375404334305233
Net income to common shareholders375404334305233
Basic EPS1.912.051.691.531.16
Diluted EPS1.882.031.671.511.15
Average shares (basic)196197198199201
Average shares (diluted)200199200202203