What is NetApp's total revenue?

NetApp (NTAP) reported total revenue of $1.95B in Q1 2026.

How has NetApp's total revenue changed year-over-year?

NetApp's total revenue increased by 12.5% year-over-year, from $1.73B to $1.95B.

What is the long-term trend for NetApp's total revenue?

Over 5 years (2021 to 2026), NetApp's total revenue has grown at a 3.8% compound annual growth rate (CAGR), from $5.74B to $6.93B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

NetApp NTAP Total Revenue

Total Revenue at other companies

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$622.51M+3.4%

HES

Hess MidstreamHESM

$390.1M+2.1%

BeldenBDC

$696.38M+11.4%

MYR GroupMYRG

$1B+20.0%

Helen Of TroyHELE

$470.03M-3.3%

Segments

By geography

See full

Americas$969M+9.0%

EMEA$698M+18.5%

Asia Pacific$281M+10.6%

By product

See full

Professional And Other Services$112M+14.3%

Other financials

Income statement

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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

See full

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

See full

Operating cash flow$950.0M+40.7%

CapEx$50.0M+42.9%

Free cash flow$900.0M+40.6%

Valuation

See full

Market cap$30.29B+47.2%

Enterprise value$30.95B+45.1%

P/E23.7×+6.4×

P/S4.4×+1.2×

Profitability

See full

Gross margin70.7%+0.6pp

Operating margin24.2%+3.8pp

Net margin18.4%+0.4pp

FCF margin27%+6.6pp

Returns & leverage

See full

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 total revenue?: NetApp (NTAP) reported total revenue of $1.95B in Q1 2026.
How has NetApp's total revenue changed year-over-year?: NetApp's total revenue increased by 12.5% year-over-year, from $1.73B to $1.95B.
What is the long-term trend for NetApp's total revenue?: Over 5 years (2021 to 2026), NetApp's total revenue has grown at a 3.8% compound annual growth rate (CAGR), from $5.74B to $6.93B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.