Operating Expenses

Total Operating Expenses

NetApp Total Operating Expenses decreased by 6.4% to $775.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $783.00M to $775.00M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 4.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$580.00M$750.00M$765.00M$752.00M$796.00M$791.00M$805.00M$829.00M$766.00M$818.00M$806.00M$785.00M$810.00M$816.00M$832.00M$783.00M$845.00M$789.00M$828.00M$775.00M
QoQ Change+29.3%+2.0%-1.7%+5.9%-0.6%+1.8%+3.0%-7.6%+6.8%-1.5%-2.6%+3.2%+0.7%+2.0%-5.9%+7.9%-6.6%+4.9%-6.4%
YoY Change+37.2%+5.5%+5.2%+10.2%-3.8%+3.4%+0.1%-5.3%+5.7%-0.2%+3.2%-0.3%+4.3%-3.3%-0.5%-1.0%
Range$580.00M$845.00M
CAGR+6.3%
Avg YoY Growth+3.8%
Median YoY Growth+1.7%

Frequently Asked Questions

What is NetApp's total operating expenses?
NetApp (NTAP) reported total operating expenses of $775.00M in Q4 2025.
How has NetApp's total operating expenses changed year-over-year?
NetApp's total operating expenses decreased by 1.0% year-over-year, from $783.00M to $775.00M.
What is the long-term trend for NetApp's total operating expenses?
Over 4 years (2021 to 2025), NetApp's total operating expenses has grown at a 4.2% compound annual growth rate (CAGR), from $2.78B to $3.28B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.