What is NetApp's revenue?

NetApp (NTAP) generated $6.9B in revenue over the trailing twelve months, up 5.4% year over year.

Is NetApp profitable?

NetApp reported $1.3B in net income over the trailing twelve months, a 18.4% net margin.

What are NetApp's profit margins?

Gross margin is 70.7% and operating margin is 24.2%, with a 18.4% net margin.

What is NetApp's earnings per share?

NetApp's diluted EPS over the trailing twelve months is $6.36.

Where does NetApp's income statement data come from?

Every line is extracted from NetApp's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

NetApp NTAP Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q4 '26	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25
Total revenue	$6.93B+3.2%	$6.71B+1.1%	$6.64B+0.7%	$6.59B+0.3%	$6.57B+1.0%
Total cost of revenue	$2.03B+2.2%	$1.98B+0.4%	$1.97B-0.2%	$1.98B+0.9%	$1.96B+2.5%
Gross profit	$4.9B+3.6%	$4.73B+1.4%	$4.66B+1.1%	$4.61B0.0%	$4.61B+0.4%
Gross margin	70.7%+0.3pp	70.5%+0.2pp	70.3%+0.3pp	70%-0.2pp	70.2%-0.4pp
Research and development	$991M+0.5%	$986M-1.0%	$996M-0.6%	$1B-1.0%	$1.01B-1.5%
Selling and marketing	$1.87B+1.6%	$1.84B+0.2%	$1.84B-1.1%	$1.86B-0.5%	$1.87B-0.1%
General and administrative	$344M0.0%	$344M+3.6%	$332M+3.8%	$320M+2.9%	$311M+2.3%
Compensation and benefits	——	——	——	——	——
Occupancy and equipment	——	——	——	——	——
Depreciation and amortization	$200M-2.0%	$204M-7.3%	$220M-4.8%	$231M-4.9%	$243M-4.3%
Restructuring charges	$22M-67.2%	$67M-15.2%	$79M+16.2%	$68M-18.1%	$83M+118%
Acquisition and integration costs	$0-100%	$1M-66.7%	$3M-25.0%	$4M-20.0%	$5M0.0%
Other operating expenses	$3.23B-0.4%	$3.24B-0.2%	$3.25B-0.1%	$3.25B-0.8%	$3.28B+1.1%
Total operating expenses	$3.23B-0.4%	$3.24B-0.2%	$3.25B-0.1%	$3.25B-0.8%	$3.28B+1.1%
Operating income	$1.67B+12.3%	$1.49B+5.1%	$1.42B+4.0%	$1.36B+2.0%	$1.34B-1.3%
Operating margin	24.2%+2.0pp	22.2%+0.8pp	21.4%+0.7pp	20.7%+0.4pp	20.3%-0.5pp
Interest expense	——	——	——	——	——
Interest income	——	——	——	——	——
Other income (expense), net	-$26M-333%	-$6M-300%	$3M-87.5%	$24M-47.8%	$46M-14.8%
Income before income taxes	$1.65B+11.1%	$1.48B+4.4%	$1.42B+2.4%	$1.39B+0.4%	$1.38B-1.8%
Income tax expense	$372M+36.8%	$272M+11.5%	$244M+12.4%	$217M+10.2%	$197M-27.6%
Net income	$1.28B+5.3%	$1.21B+3.0%	$1.18B+0.5%	$1.17B-1.3%	$1.19B+4.3%
Net margin	18.4%+0.4pp	18.1%+0.3pp	17.7%0.0pp	17.8%-0.3pp	18%+0.6pp
Diluted earnings per share	$6.36+6.5%	$5.97+4.0%	$5.74+1.6%	$5.65-0.4%	$5.67+5.0%
Basic earnings per share	$6.41+5.8%	$6.06+3.8%	$5.84+1.0%	$5.78-0.7%	$5.82+4.9%
Weighted-average shares, diluted	806M-1.0%	814M-1.0%	822M-1.0%	830M-1.1%	839M-0.5%
Weighted-average shares, basic	797M-0.6%	802M-0.7%	808M-0.6%	813M-0.6%	818M-0.5%
Share-based compensation expense related to employee stock plans	——	——	——	——	——
Pre-tax stock-based compensation cost	——	——	——	——	——
Amortization of capitalized software and acquired intangible assets	——	——	——	——	——
Stock options excluded as their inclusion would be anti-dilutive (in shares)	——	——	——	——	——
Capital investments accrued but not yet paid	——	——	——	——	——
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	——	——
Dividends declared (in dollars per share)	$2.080.0%	$2.080.0%	$2.080.0%	$2.080.0%	$2.080.0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	——	——	——	——	——
Deferred taxes	$135M—	——	——	——	——
Dividends, Common Stock, Cash	——	——	——	——	——
Effect of exchange rate changes on cash, cash equivalents and restricted cash	——	——	——	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——	——
Excise Tax On Net Stock Repurchases	——	——	——	——	——
Foreign Currency Translation and Other Adjustments	——	——	——	——	——
Gross Margin	——	——	——	——	——
Income Taxes Paid, Net	——	——	——	——	——
Increase (Decrease) in Accounts Payable, Trade	$31M—	——	——	——	——
Increase (Decrease) in Accounts Receivable	——	——	——	——	——
Increase Decrease In Accrued Income Taxes Payable	-$7M+94.2%	-$120M0.0%	-$120M+44.4%	-$216M-0.9%	-$214M—
Accrued liabilities	——	——	-$131M-405%	$43M-30.6%	$62M+77.1%
Increase (decrease) in contract liabilities and current deferred income	$281M-23.2%	$366M+38.1%	$265M+5.2%	$252M+21.2%	$208M—
Increase (Decrease) in Inventories	$12M—	——	——	——	——
Increase (Decrease) in Other Operating Assets	$248M+240%	$73M—	——	——	——
Other liabilities	-$9M-12.5%	-$8M—	——	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	——	——	——	——	——
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	——	——	——	——
Lease Cost	——	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$2.15B—	——	——	——	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$595M—	——	——	——	——
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$2.07B+15.3%	$1.79B-3.7%	$1.86B+1.2%	$1.84B+22.0%	$1.51B+4.3%
Non Cash Operating Lease Cost	——	——	——	——	——
Number of reportable segments	——	——	——	——	——
Operating Lease Payments	——	——	——	——	——
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax	——	——	——	——	——
Cash flow hedges	——	——	——	——	——
Cash flow hedges, Gain or (loss) reclassified from accumulated OCI into income	——	——	——	——	——
Other comprehensive income/(loss)	——	——	——	——	——
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax	——	——	——	——	——
Other income, net (Note 6)	——	——	——	——	——
All other operating activities	——	——	$40M-38.5%	$65M—	$0+100%
Payment for (Proceeds from) Other Investing Activity	——	——	——	-$85M-21.4%	-$70M-2,233%
Payments for Repurchase of Common Stock	$950M-94.2%	$16.35B0.0%	$16.35B-0.3%	$16.4B-0.6%	$16.5B+5.8%
Payments for Restructuring	——	——	——	——	——
Payments of Dividends	$413M-0.5%	$415M-0.7%	$418M-0.7%	$421M-0.7%	$424M+0.2%
Payment, Tax Withholding, Share-Based Payment Arrangement	$137M-4.2%	$143M-7.1%	$154M-3.1%	$159M-20.1%	$199M+6.4%
Payments to Acquire Investments	$2.76B0.0%	$2.76B+32.2%	$2.09B+2.1%	$2.04B+14.6%	$1.78B-21.2%
Payments to Acquire Property, Plant, and Equipment	$198M+8.2%	$183M-0.5%	$184M+2.2%	$180M+7.1%	$168M-6.1%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options	——	——	——	——	——
Proceeds From Sale And Collection Of Finance Receivables	——	——	——	——	——
Proceeds from disposition of marketable securities and other investments	$2.35B+10.1%	$2.13B+12.8%	$1.89B-12.4%	$2.16B+6.3%	$2.03B-22.0%
Repayments of Debt	——	——	——	——	——
Revenue From Contract With Customer Excluding Assessed Tax	$6.93B+3.2%	$6.71B+1.1%	$6.64B+0.7%	$6.59B+0.3%	$6.57B+1.0%
Revenue Recognized From Beginning Contract With Customer Liability	——	——	——	——	——
Right Of Use Asset Obtained In Exchange For Operating Lease Liability	——	——	——	——	——
Stock-based compensation	$382M+1.3%	$377M-1.6%	$383M-0.3%	$384M-0.5%	$386M+1.8%
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	——	——	——	——	——
Value of shares repurchased	——	——	——	——	——
Unallocated Cost Of Revenue Amortization Of Intangible Assets	——	——	——	——	——
Unallocated Cost Of Revenue Stock Based Compensation Expense	——	——	——	——	——
Unallocated Cost Of Revenues	——	——	——	——	——
Variable Lease Cost	——	——	——	——	——
EBITDA	$1.87B+10.6%	$1.69B+3.4%	$1.64B+2.7%	$1.6B+0.9%	$1.58B-1.8%
EBITDA margin	27.1%+1.8pp	25.2%+0.6pp	24.7%+0.5pp	24.2%+0.2pp	24%-0.7pp
EBIT	$1.67B+12.3%	$1.49B+5.1%	$1.42B+4.0%	$1.36B+2.0%	$1.34B-1.3%

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Questions, answered.

What is NetApp's revenue?: NetApp (NTAP) generated $6.9B in revenue over the trailing twelve months, up 5.4% year over year.
Is NetApp profitable?: NetApp reported $1.3B in net income over the trailing twelve months, a 18.4% net margin.
What are NetApp's profit margins?: Gross margin is 70.7% and operating margin is 24.2%, with a 18.4% net margin.
What is NetApp's earnings per share?: NetApp's diluted EPS over the trailing twelve months is $6.36.
Where does NetApp's income statement data come from?: Every line is extracted from NetApp's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.