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NetApp NTAP Americas — Revenue

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$698M+18.5%
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Other financials

Income statement

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Revenue$1.9B+12.5%
Gross profit$1.4B+14.4%
Operating income$532.0M+52.9%
Net income$404.0M+18.8%
EPS (diluted)$2.03+23.8%

Balance sheet

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Cash & equivalents$2.1B-24.5%
Total debt$2.7B-21.7%
Total equity$1.4B+29.9%
Total assets$10.7B-0.7%

Cash flow

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Operating cash flow$950.0M+40.7%
CapEx$50.0M+42.9%
Free cash flow$900.0M+40.6%

Valuation

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Market cap$33.65B+59.2%
Enterprise value$34.31B+56.7%
P/E26.4×+8.5×
P/S4.9×+1.6×

Profitability

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Gross margin70.7%+0.6pp
Operating margin24.2%+3.8pp
Net margin18.4%+0.4pp
FCF margin27%+6.6pp

Returns & leverage

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Return on equity106.7%-1.8pp
Debt / equity2×-1.3×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by NetApp in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: NetApp’s 10-K, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NetApp's americas — revenue?
NetApp (NTAP) reported americas — revenue of $969M in Q1 2026.
How has NetApp's americas — revenue changed year-over-year?
NetApp's americas — revenue increased by 9.0% year-over-year, from $889M to $969M.
What is the long-term trend for NetApp's americas — revenue?
Over 4 years (2022 to 2026), NetApp's americas — revenue has grown at a 1.2% compound annual growth rate (CAGR), from $3.34B to $3.51B.
What does americas — revenue mean?
This metric represents the total net revenue generated from contracts with customers within the Americas geographic region, excluding any assessed taxes. It serves as a primary indicator of the company's market penetration and sales performance in this specific territory. By isolating this region, stakeholders can evaluate the effectiveness of regional sales strategies and the demand for data management solutions in the North and South American markets.