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NetApp NTAP Public Cloud — Gross Profit Excluding Unallocated Cost Of Revenues
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Where this comes from
Reported directly by NetApp in its filing.
Tagged under the XBRL concept ntap:GrossProfitExcludingUnallocatedCostOfRevenues.
The source filing: NetApp’s 10-K, filed June 5, 2026.
- Filed
- Jun 5, 2026, 4:30 PM EDT
- Fiscal year
- FY2026
- Accession
- 0001193125-26-259683
| Line item | Hybrid Cloud | Public Cloud | Total |
|---|---|---|---|
| Cost of professional and other services revenues | 281 | — | 281 |
| Cost of public cloud revenues | — | 113 | 113 |
| Segment cost of revenues | 1,874 | 113 | 1,987 |
| Segment gross profit | $4,363 | $575 | $4,938 |
| Unallocated cost of revenues1 | (39) | ||
| Operating expenses | (3,225) | ||
| Other expense, net | (26) | ||
| Income before income taxes | $1,648 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is NetApp's public cloud — gross profit excluding unallocated cost of revenues?
- NetApp (NTAP) reported public cloud — gross profit excluding unallocated cost of revenues of $156M in Q1 2026.
- How has NetApp's public cloud — gross profit excluding unallocated cost of revenues changed year-over-year?
- NetApp's public cloud — gross profit excluding unallocated cost of revenues increased by 20.0% year-over-year, from $130M to $156M.
- What is the long-term trend for NetApp's public cloud — gross profit excluding unallocated cost of revenues?
- Over 4 years (2022 to 2026), NetApp's public cloud — gross profit excluding unallocated cost of revenues has grown at a 19.9% compound annual growth rate (CAGR), from $278M to $575M.
- What does public cloud — gross profit excluding unallocated cost of revenues mean?
- Measures the total revenue generated by the Public Cloud segment minus the direct costs associated with delivering those cloud services and storage solutions. This metric excludes corporate-level unallocated costs to provide a clearer view of the segment's core operational profitability. It serves as a primary indicator of the segment's ability to manage its direct production and service delivery expenses.
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