NetApp, Inc.
NetApp, Inc.
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Financial Statements
Values in Millions ($) | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 2,070 | 1,629 | 2,072 | 2,085 | 2,742 | 1,511 | 1,478 | 1,652 | 1,903 | 1,820 | 1,934 | 2,020 | |||||
Short Term Investments | 1,514 | 1,379 | 942 | 1,239 | 1,104 | 750 | 744 | 1,365 | 1,349 | 1,097 | 686 | 955 | |||||
Accounts Receivable Net Current | 1,286 | 1,314 | 988 | 787 | 1,246 | 898 | 873 | 679 | 1,007 | 787 | 787 | 653 | |||||
Inventory Net | 198 | 109 | 127 | 133 | 186 | 268 | 317 | 214 | 186 | 131 | 122 | 131 | |||||
Other Assets Current | 708 | 565 | 525 | 443 | 573 | 481 | 527 | 411 | 452 | 492 | 464 | 401 | |||||
Assets Current | 5,776 | 4,996 | 4,654 | 4,687 | 5,851 | 3,908 | 3,939 | 4,321 | 4,897 | 4,327 | 3,993 | 4,160 | |||||
Property Plant And Equipment Net | 592 | 576 | 568 | 570 | 563 | 567 | 593 | 594 | 604 | 607 | 623 | 641 | |||||
Goodwill | 2,772 | 2,756 | 2,731 | 2,734 | 2,723 | 2,723 | 2,759 | 2,759 | 2,759 | 2,759 | 2,759 | 2,759 | |||||
Finite Lived Intangible Assets Net | 22 | 26 | 31 | 37 | 43 | 49 | 96 | 110 | 124 | 138 | 152 | 166 | |||||
Other Assets Noncurrent | 1,582 | 1,617 | 1,646 | 1,651 | 1,643 | 1,742 | 1,617 | 1,527 | 1,503 | 1,538 | 1,546 | 1,544 | |||||
Assets | 10,744 | 9,971 | 9,630 | 9,679 | 10,823 | 8,989 | 9,004 | 9,311 | 9,887 | 9,369 | 9,073 | 9,270 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 550 | 413 | 436 | 404 | 511 | 434 | 554 | 437 | 517 | 396 | 411 | 344 | |||||
Accrued Liabilities Current | 1,151 | 908 | 890 | 895 | 1,122 | 941 | 969 | 793 | 1,013 | 876 | 919 | 778 | |||||
Long Term Debt Current | 0 | 0 | 0 | 0 | 750 | 750 | 749 | 1,149 | 400 | 400 | 400 | - | |||||
Contract With Customer Liability Current | 2,320 | 2,273 | 2,144 | 2,270 | 2,279 | 2,070 | 2,045 | 2,133 | 2,176 | 2,093 | 2,003 | 2,127 | |||||
Liabilities Current | 4,021 | 3,594 | 3,470 | 3,569 | 4,662 | 4,195 | 4,317 | 4,512 | 4,106 | 3,765 | 3,733 | 3,249 | |||||
Long Term Debt Noncurrent | 2,487 | 2,486 | 2,486 | 2,485 | 2,485 | 1,244 | 1,244 | 1,244 | 1,992 | 1,991 | 1,991 | 2,390 | |||||
Other Liabilities Noncurrent | 360 | 375 | 387 | 394 | 379 | 503 | 496 | 590 | 585 | 585 | 580 | 703 | |||||
Contract With Customer Liability Noncurrent | 2,525 | 2,358 | 2,301 | 2,256 | 2,257 | 2,052 | 2,055 | 2,036 | 2,058 | 2,034 | 1,999 | 2,055 | |||||
Liabilities | 9,393 | 8,813 | 8,644 | 8,704 | 9,783 | 7,994 | 8,112 | 8,382 | 8,741 | 8,375 | 8,303 | 8,397 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | - | - | - | 0 | - | - | - | - | - | - | - | |||||
Common Stocks Including Additional Paid In Capital | 1,209 | 1,147 | 1,036 | 1,015 | 1,106 | 1,060 | 947 | 988 | 997 | 934 | 825 | 921 | |||||
Retained Earnings Accumulated Deficit | 153 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 208 | 115 | 0 | 0 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -11 | -29 | -50 | -40 | -66 | -65 | -55 | -59 | -59 | -55 | -55 | -48 | |||||
Stockholders Equity | 1,351 | 1,158 | 986 | 975 | 1,040 | 995 | 892 | 929 | 1,146 | 994 | 770 | 873 | |||||
Liabilities And Stockholders Equity | 10,744 | 9,971 | 9,630 | 9,679 | 10,823 | 8,989 | 9,004 | 9,311 | 9,887 | 9,369 | 9,073 | 9,270 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.001 | - | - | - | 0.001 | - | - | - | 0.001 | - | - | - | |||||
Preferred Stock Shares Authorized | 5 | - | - | - | 5 | - | - | - | 5 | - | - | - | |||||
Preferred Stock Shares Issued | 0 | - | - | - | 0 | - | - | - | 0 | - | - | - | |||||
Preferred Stock Shares Outstanding | 0 | - | - | - | 0 | - | - | - | 0 | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | |||||
Common Stock Shares Authorized | 885 | 885 | 885 | 885 | 885 | - | - | - | 885 | - | - | - | |||||
Common Stock Shares Issued | 196 | 198 | 198 | 200 | 201 | 203 | 203 | 205 | 206 | 206 | 206 | 209 | |||||
Shares Outstanding | 196 | 198 | 198 | 200 | 201 | 203 | 203 | 205 | 206 | 206 | 206 | 209 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.62% | 6.65% | -1.97% | 0.38% | -6.40% | -7.68% | 1.99% | 5.98% | 21.59% | -8.73% | 0.72% | - |
| 2025 | -7.35% | -3.67% | -10.77% | -6.13% | -2.81% | -5.22% | -21.97% | -29.67% | -14.42% | 4.58% | -1.43% | 9.97% |
| 2024 | -0.52% | -2.14% | 2.12% | -2.18% | -3.36% | -5.67% | 17.52% | 10.43% | 24.54% | 5.45% | -2.75% | -1.39% |
| 2023 | - | - | - | - | - | - | - | - | - | 4.71% | 6.81% | 6.56% |
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Performance and Valuation Metrics
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Metrics | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.44 | 1.39 | 1.34 | 1.31 | 1.26 | 0.93 | 0.91 | 0.96 | 1.19 | 1.15 | 1.07 | 1.28 | |||||
| Quick Ratio | 1.39 | 1.36 | 1.30 | 1.28 | 1.22 | 0.87 | 0.84 | 0.91 | 1.15 | 1.11 | 1.04 | 1.24 | |||||
| Working Capital | 1.76B | 1.40B | 1.18B | 1.12B | 1.19B | -287.00M | -378.00M | -191.00M | 791.00M | 562.00M | 260.00M | 911.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 6.95 | 7.61 | 8.77 | 8.93 | 9.41 | 8.03 | 9.09 | 9.02 | 7.63 | 8.43 | 10.78 | 9.62 | |||||
| Debt Ratio | 0.87 | 0.88 | 0.90 | 0.90 | 0.90 | 0.89 | 0.90 | 0.90 | 0.88 | 0.89 | 0.92 | 0.91 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.64 | 0.71 | 0.71 | 0.69 | 0.63 | 0.71 | 0.72 | 0.69 | 0.64 | 0.65 | 0.65 | 0.66 | |||||
| Days Sales Outstanding TTM | 66.73 | 60.17 | 51.17 | 40.60 | 62.56 | 47.25 | 46.80 | 38.12 | 58.06 | 47.48 | 50.76 | 44.67 | |||||
| Receivables Turnover TTM | 5.47 | 6.07 | 7.13 | 8.99 | 5.83 | 7.72 | 7.80 | 9.58 | 6.29 | 7.69 | 7.19 | 8.17 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 6.35 | 6.06 | 5.83 | 5.77 | 5.67 | 5.47 | 5.48 | 5.12 | 4.63 | 4.45 | 3.28 | 5.60 | |||||
| Free Cash Flow Per Share TTM | 9.39 | 8.13 | 8.42 | 8.25 | 6.56 | 6.20 | 6.74 | 6.85 | 7.36 | 5.63 | 4.95 | 5.05 | |||||
| Dividend Per Share TTM | 2.08 | 2.10 | 2.10 | 2.09 | 2.08 | 2.07 | 2.06 | 2.02 | 2.00 | 2.03 | 2.03 | 2.02 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 70.74% | 70.46% | 70.26% | 70.00% | 70.19% | 70.62% | 71.10% | 71.11% | 70.72% | 70.09% | 68.55% | 67.06% | |||||
| Operating Profit Margin TTM | 24.17% | 22.21% | 21.37% | 20.70% | 20.34% | 20.82% | 20.99% | 20.67% | 19.37% | 18.72% | 15.78% | 15.17% | |||||
| Net Profit Margin TTM | 18.43% | 18.07% | 17.73% | 17.77% | 18.05% | 17.47% | 17.78% | 17.01% | 15.73% | 15.21% | 11.34% | 19.49% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 5.37% | 3.09% | 2.53% | 3.34% | 4.85% | 5.29% | 6.10% | 2.82% | -1.48% | -4.33% | -6.84% | -3.87% | |||||
| Net Income Growth (1Y) | 7.59% | 6.60% | 2.26% | 7.93% | 20.28% | 20.96% | 66.33% | -10.26% | -22.61% | -27.02% | -53.08% | 27.40% | |||||
| EPS Growth (1Y) | 10.29% | 9.83% | 4.83% | 10.61% | 22.64% | 22.14% | 69.59% | -7.64% | -19.26% | -23.48% | -51.05% | 32.20% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 17.22 | 15.61 | 19.66 | 17.57 | 15.10 | 21.29 | 19.77 | 23.23 | 20.69 | 18.25 | 20.77 | 12.90 | |||||
| P/B TTM | 16.27 | 16.34 | 23.46 | 21.10 | 17.22 | 24.33 | 25.51 | 27.13 | 17.80 | 17.26 | 18.67 | 17.87 | |||||
| P/S TTM | 3.17 | 2.82 | 3.49 | 3.12 | 2.72 | 3.72 | 3.52 | 3.95 | 3.25 | 2.78 | 2.36 | 2.52 | |||||
| Market Cap | 21.98B | 18.92B | 23.14B | 20.57B | 17.91B | 24.21B | 22.76B | 25.20B | 20.40B | 17.16B | 14.37B | 15.60B | |||||
| Enterprise Value | 22.39B | 19.77B | 23.54B | 20.96B | 18.39B | 24.68B | 23.26B | 25.93B | 20.88B | 17.72B | 14.82B | 15.96B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.87B | 1.61B | 1.68B | 1.66B | 1.34B | 1.27B | 1.38B | 1.41B | 1.53B | 1.16B | 1.03B | 1.07B | |||||
| Net Debt | 412.00M | 851.00M | 407.00M | 394.00M | 486.00M | 476.00M | 506.00M | 734.00M | 483.00M | 565.00M | 450.00M | 364.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
NetApp, Inc. (NTAP) — SEC Financial Statements & Analysis
NetApp, Inc. (NTAP) is a computer storage devices company, incorporated in CA. NetApp, Inc. trades on Nasdaq as: NTAP. Based on its latest SEC filing (Form 10-Q, period ending 2026-04-30), NetApp, Inc. reported a 5.37% year-over-year revenue growth, a Gross Profit Margin of 70.74% (TTM), a Debt-to-Equity ratio of 6.95x, a Price-to-Sales (P/S) ratio of 3.17x (TTM), a Price-to-Book (P/B) ratio of 16.27x (TTM), at a market cap of $21.98B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 5.37%
- Gross Profit Margin TTM
- 70.74%
- Debt To Equity
- 6.95x
- P/S TTM
- 3.17x
- P/B TTM
- 16.27x
- Market Cap
- $21.98B
Data as of 2026-04-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is NetApp, Inc. in?
NetApp, Inc. (NTAP) operates in the Computer Storage Devices industry.
What is NTAP's market cap?
NetApp, Inc. (NTAP) has a market capitalization of $21.98B as of 2026-04-30.
What is NTAP's P/E ratio?
NetApp, Inc. (NTAP)'s trailing twelve month P/E ratio is 17.22x as of 2026-04-30.
What exchange does NTAP trade on?
NetApp, Inc. (NTAP) trades on the Nasdaq.
Where is NetApp, Inc. incorporated?
NetApp, Inc. is incorporated in CA.