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NetApp NTAP Total Revenue

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Segments

By geography

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Americas$969M+9.0%
EMEA$698M+18.5%
Asia Pacific$281M+10.6%

By product

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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

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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$38.04B+69.5%
Enterprise value$38.7B+67.6%
P/E29.8×+10.7×
P/S5.5×+2.1×

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 / equity-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 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 itemYear Ended / April 24, 2026Year Ended / April 25, 2025Year Ended / April 26, 2024
Revenues:
Product$3,194$3,040$2,849
Services3,7313,5323,419
Net revenues6,9256,5726,268
Cost of revenues:
Cost of product1,4011,2841,137
Cost of services625675698
Total cost of revenues2,0261,9591,835

Item 8. Financial Statements and Supplementary Data

FAQ

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 4 years (2022 to 2026), NetApp's total revenue has grown at a 2.3% compound annual growth rate (CAGR), from $6.32B 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.

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