NTAP
NetApp Inc.Stock · TechnologyS&P 500 Equal Weight 0.2% · Nasdaq Composite 0.07% · S&P 500 0.05% · Russell 1000 0.04% · US Stock Market 0.04% · Russell 3000 0.04% · MSCI World 0.04% · MSCI ACWI 0.02%$199.28+8.54%
as of market close, Sep 11, 2026
☾ AH — —
NTAP financial statements
The full income statement, balance sheet, and cash-flow statement for NetApp Inc. (NTAP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-07 204.8M2024-10 203.3M2025-01 203.4M2025-04 200.4M2025-07 199.6M2025-10 198.1M2026-01 197.3M2026-04 195.9M2026-07 196.4M-4.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|
| Income Statement | as ofApr 24 ’26 | as ofApr 25 ’25 | as ofApr 26 ’24 | as ofApr 28 ’23 | as ofApr 29 ’22 | as ofApr 30 ’21 | |
| Revenue | 6.92B+5.4% | 6.57B+4.9% | 6.27B-1.5% | 6.36B+0.7% | 6.32B+10.0% | 5.74B+6.1% | |
| 4.90B+6.2% | 4.61B+4.1% | 4.43B+5.3% | 4.21B-0.3% | 4.22B+10.6% | 3.81B+5.3% | ||
| Cost of revenue | 2.03B+3.4% | 1.96B+6.8% | 1.83B-14.8% | 2.15B+2.6% | 2.10B+8.8% | 1.93B+7.8% | |
| 3.23B-1.6% | 3.28B+1.8% | 3.22B+0.9% | 3.19B+4.2% | 3.06B+10.0% | 2.78B+4.0% | ||
| Research & development | 991M-2.1% | 1.01B-1.7% | 1.03B+7.6% | 956M+8.5% | 881M+0.0% | 881M+4.0% | |
| Selling, general & administrative | 344M+10.6% | 311M+1.0% | 308M+16.2% | 265M-5.0% | 279M+8.6% | 257M-2.3% | |
| General & administrative | 344M+10.6% | 311M+1.0% | 308M+16.2% | 265M-5.0% | 279M+8.6% | 257M-2.3% | |
| Selling & marketing | 1.87B+0.2% | 1.86B+2.0% | 1.83B-0.1% | 1.83B-1.5% | 1.86B+6.5% | 1.74B+10.0% | |
| Restructuring | 21.0M-74.7% | 83.0M+88.6% | 44.0M-63.3% | 120M+263.6% | 33.0M-21.4% | 42.0M+100.0% | |
| Amortization of intangibles | 21.0M-55.3% | 47.0M-17.5% | 57.0M-16.2% | 68.0M+47.8% | 46.0M-6.1% | 49.0M+25.6% | |
| Operating income | 1.67B+25.2% | 1.34B+10.1% | 1.21B+19.3% | 1.02B-12.0% | 1.16B+12.2% | 1.03B+9.1% | |
| Interest expense | 109M+70.3% | 64.0M+0.0% | 64.0M-4.5% | 67.0M-8.2% | 73.0M-1.4% | 74.0M+34.5% | |
| Interest & investment income | 113M+0.9% | 112M+0.0% | 112M+62.3% | 69.0M+885.7% | 7.00M-22.2% | 9.00M-81.3% | |
| Other non-operating income | -30.0M-1400.0% | -2.00M-300.0% | 1.00M-97.8% | 46.0M+1050.0% | 4.00M+200.0% | -4.00M-166.7% | |
| Pre-tax income | 1.65B+19.2% | 1.38B+9.5% | 1.26B+18.5% | 1.07B-2.6% | 1.09B+13.8% | 962M+1.9% | |
| Income tax | 372M+88.8% | 197M-28.9% | 277M+233.2% | -208M-231.6% | 158M-31.9% | 232M+85.6% | |
| Net income | 1.28B+7.6% | 1.19B+20.3% | 986M-22.6% | 1.27B+36.0% | 937M+28.4% | 730M-10.9% | |
| $6.35+12.0% | $5.67+22.5% | $4.63-20.0% | $5.79+41.6% | $4.09+26.6% | $3.23-8.2% | ||
| EPS (basic) | $6.41+10.3% | $5.81+22.6% | $4.74-19.3% | $5.87+39.8% | $4.20+27.7% | $3.29-7.6% | |
| Weighted-avg shares (basic) | 199M-2.5% | 204M-1.9% | 208M-4.1% | 217M-2.7% | 223M+0.5% | 222M-3.5% | |
| Weighted-avg shares (diluted) | 201M-3.8% | 209M-1.9% | 213M-3.2% | 220M-3.9% | 229M+1.3% | 226M-3.0% | |
| Dividends per share | $2.08+0.0% | $2.08+4.0% | $2.00+0.0% | $2.00+0.0% | $2.00+4.2% | $1.92+0.0% | |
| Balance Sheet | as ofApr 24 ’26 | as ofApr 25 ’25 | as ofApr 26 ’24 | as ofApr 28 ’23 | as ofApr 29 ’22 | as ofApr 30 ’21 | |
| 5.78B-1.3% | 5.85B+19.5% | 4.90B+4.6% | 4.68B-21.3% | 5.95B-0.9% | 6.00B+40.4% | ||
| Cash & equivalents | 2.07B-24.5% | 2.74B+44.1% | 1.90B-17.8% | 2.32B-43.7% | 4.11B-9.2% | 4.53B+70.4% | |
| Short-term investments | 1.51B+37.1% | 1.10B-18.2% | 1.35B+78.9% | 754M+3327.3% | 22.0M-67.2% | 67.0M-70.1% | |
| Cash & short-term investments | 3.58B-6.8% | 3.85B+18.3% | 3.25B+5.9% | 3.07B+0.0% | 3.07B-33.2% | 4.60B+59.5% | |
| Accounts receivable | 1.29B+3.2% | 1.25B+23.7% | 1.01B+2.0% | 987M-19.8% | 1.23B+30.2% | 945M-2.9% | |
| Inventory | 198M+6.5% | 186M+0.0% | 186M+11.4% | 167M-18.1% | 204M+78.9% | 114M-21.4% | |
| Other current assets | 708M+23.6% | 573M+26.8% | 452M-0.9% | 456M+21.0% | 377M+9.0% | 346M+26.3% | |
| 10.7B-0.7% | 10.8B+9.5% | 9.89B+0.7% | 9.82B-2.1% | 10.0B+7.1% | 9.36B+24.4% | ||
| Property, plant & equipment | 592M+5.2% | 563M-6.8% | 604M-7.1% | 650M+8.0% | 602M+14.7% | 525M-27.8% | |
| Operating lease right-of-use | 228M-5.4% | 241M-2.4% | 247M-12.1% | 281M-4.4% | 294M+157.9% | 114M-16.8% | |
| Goodwill | 2.77B+1.8% | 2.72B-1.3% | 2.76B+0.0% | 2.76B+17.6% | 2.35B+15.1% | 2.04B+14.7% | |
| Intangible assets | 22.0M-48.8% | 43.0M-65.3% | 124M-31.5% | 181M+27.5% | 142M+40.6% | 101M+129.5% | |
| Deferred tax assets | 859M-13.6% | 994M+10.9% | 896M-5.5% | 948M+161.9% | 362M+65.3% | 219M-0.5% | |
| Other non-current assets | 1.58B-3.7% | 1.64B+9.3% | 1.50B-2.9% | 1.55B+56.2% | 991M+42.8% | 694M-0.7% | |
| 4.02B-13.7% | 4.66B+13.5% | 4.11B+18.4% | 3.47B-12.3% | 3.95B+14.5% | 3.45B-4.5% | ||
| Accounts payable | 550M+7.6% | 511M-1.2% | 517M+31.9% | 392M-35.4% | 607M+44.5% | 420M-1.4% | |
| Accrued liabilities | 1.15B+2.6% | 1.12B+10.8% | 1.01B+18.2% | 857M-7.4% | 925M-4.6% | 970M+25.3% | |
| Deferred revenue | 2.32B+1.8% | 2.28B+4.7% | 2.18B-1.9% | 2.22B+2.2% | 2.17B+5.3% | 2.06B+8.9% | |
| Short-term & current debt | 0.00-100.0% | 750M+87.5% | 400M | 0.00-100.0% | 250M | 0.00 | |
| Current lease liability | 42.0M+5.0% | 40.0M+0.0% | 40.0M-14.9% | 47.0M+0.0% | 47.0M-4.1% | 49.0M-3.9% | |
| 9.39B-4.0% | 9.78B+11.9% | 8.74B+0.9% | 8.66B-5.8% | 9.19B+5.9% | 8.68B+19.2% | ||
| Long-term debt | 2.49B+0.1% | 2.48B+24.7% | 1.99B-16.6% | 2.39B+0.1% | 2.39B-9.3% | 2.63B+129.7% | |
| Deferred revenue (non-current) | 2.52B+11.9% | 2.26B+9.7% | 2.06B-1.8% | 2.10B+1.6% | 2.06B+6.2% | 1.94B+7.6% | |
| Non-current lease liability | 204M-5.6% | 216M-1.8% | 220M-11.3% | 248M-3.5% | 257M+262.0% | 71.0M-23.7% | |
| Operating lease liability (total) | 246M-3.9% | 256M-1.5% | 260M-11.9% | 295M-3.0% | 304M+153.3% | 120M-16.7% | |
| Other non-current liabilities | 360M-5.0% | 379M-35.2% | 585M-17.4% | 708M-10.2% | 788M+21.2% | 650M-9.0% | |
| 1.35B+29.9% | 1.04B-9.2% | 1.15B-1.1% | 1.16B+38.3% | 838M+22.3% | 685M+183.1% | ||
| Preferred stock | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | |
| Retained earnings | 153M | 0.00-100.0% | 208M-21.5% | 265M+117.2% | 122M-42.2% | 211M | |
| Accumulated other comprehensive income | -11.0M+83.3% | -66.0M-11.9% | -59.0M-15.7% | -51.0M-15.9% | -44.0M-46.7% | -30.0M+28.6% | |
| Total liabilities & equity | 10.7B-0.7% | 10.8B+9.5% | 9.89B+0.7% | 9.82B-2.1% | 10.0B+7.1% | 9.36B+24.4% | |
| Common shares issued | 196M-2.5% | 201M-2.4% | 206M-2.8% | 212M-3.6% | 220M-0.9% | 222M+1.4% | |
| Common shares outstanding | 196M-2.5% | 201M-2.4% | 206M-2.8% | 212M-3.6% | 220M-0.9% | 222M+1.4% | |
| Shares outstanding (cover) | 196M-2.2% | 200M-2.6% | 206M-3.1% | 212M-4.0% | 221M-0.9% | 223M+0.6% | |
| Cash Flow | as ofApr 24 ’26 | as ofApr 25 ’25 | as ofApr 26 ’24 | as ofApr 28 ’23 | as ofApr 29 ’22 | as ofApr 30 ’21 | |
| 2.07B+37.3% | 1.51B-10.6% | 1.69B+52.2% | 1.11B-8.6% | 1.21B-9.2% | 1.33B+25.8% | ||
| Depreciation & amortization | 179M-8.7% | 196M-1.0% | 198M+9.4% | 181M+22.3% | 148M-6.3% | 158M+2.6% | |
| Intangible amortization | 21.0M-55.3% | 47.0M-17.5% | 57.0M-16.2% | 68.0M+47.8% | 46.0M-6.1% | 49.0M+25.6% | |
| Share-based compensation | 382M-1.0% | 386M+8.1% | 357M+14.4% | 312M+27.3% | 245M+24.4% | 197M+28.8% | |
| Deferred income taxes | 135M+235.0% | -100M-288.7% | 53.0M+108.7% | -606M-320.8% | -144M-2300.0% | -6.00M+64.7% | |
| Change in receivables | 36.0M-83.6% | 219M+563.6% | 33.0M+112.7% | -260M-183.1% | 313M+604.8% | -62.0M+73.9% | |
| Change in inventory | 12.0M+1100.0% | 1.00M-94.4% | 18.0M+148.6% | -37.0M-141.1% | 90.0M+390.3% | -31.0M-321.4% | |
| Other operating activities | 55.0M | 0.00+100.0% | -13.0M+80.6% | -67.0M-24.1% | -54.0M-325.0% | 24.0M+2300.0% | |
| -595M-504.8% | 147M+120.0% | -735M+47.1% | -1.39B-147.8% | -561M-2771.4% | 21.0M-98.3% | ||
| Capital expenditure | 198M+17.9% | 168M+8.4% | 155M-35.1% | 239M+5.8% | 226M+39.5% | 162M+30.6% | |
| Free cash flow | 1.87B+39.7% | 1.34B-12.5% | 1.53B+76.3% | 868M-11.9% | 985M-15.9% | 1.17B+25.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 491M+29.2% | 380M+8.6% | 350M+379.5% | |
| Purchases of investments | 2.76B+54.8% | 1.78B-32.4% | 2.63B+107.6% | 1.27B+6950.0% | 18.0M+260.0% | 5.00M-61.5% | |
| Sales/maturities of investments | 2.35B+15.7% | 2.03B-1.4% | 2.06B+273.6% | 550M+773.0% | 63.0M-61.8% | 165M-88.1% | |
| Proceeds from sale of PP&E | — | — | — | 0.00 | 0.00-100.0% | 371M+286.5% | |
| Other investing activities | -15.0M+78.6% | -70.0M | 0.00+100.0% | -59.0M | 0.00+100.0% | -2.00M | |
| -2.15B-159.3% | -828M+38.4% | -1.34B+11.2% | -1.51B-48.8% | -1.02B-329.1% | 444M+122.7% | ||
| Long-term debt issued | 0.00-100.0% | 1.24B | 0.00 | 0.00 | 0.00-100.0% | 2.06B+1753.2% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 950M-17.4% | 1.15B+27.8% | 900M+5.9% | 850M+41.7% | 600M+380.0% | 125M-91.1% | |
| Dividends paid | 413M-2.6% | 424M+1.9% | 416M-3.7% | 432M-3.1% | 446M+4.4% | 427M-2.7% | |
| FX effect on cash | 1.00M-93.3% | 15.0M+178.9% | -19.0M-1800.0% | -1.00M+98.0% | -49.0M-169.0% | 71.0M+308.8% | |
| Net change in cash | -674M-180.2% | 840M+303.4% | -413M+77.0% | -1.80B-332.0% | -416M-122.3% | 1.87B+457.9% | |
| Interest paid | 109M+105.7% | 53.0M-10.2% | 59.0M-9.2% | 65.0M-3.0% | 67.0M+17.5% | 57.0M+14.0% | |
| Income taxes paid | 435M+5.6% | 412M+15.4% | 357M-7.5% | 386M-3.0% | 398M+17.8% | 338M+22.5% | |
| Valuation Ratios | as ofApr 24 ’26 | as ofApr 25 ’25 | as ofApr 26 ’24 | as ofApr 28 ’23 | as ofApr 29 ’22 | as ofApr 30 ’21 | |
| Market cap | 21.3B+20.2% | 17.7B-15.0% | 20.9B+56.1% | 13.4B-17.5% | 16.2B-2.8% | 16.7B+74.6% | |
| P/E | 16.7×+11.7% | 14.9×-29.3% | 21.1×+101.7% | 10.5×-39.4% | 17.3×-24.3% | 22.8×+95.8% | |
| P/S | 3.1×+14.1% | 2.7×-18.9% | 3.3×+58.4% | 2.1×-18.1% | 2.6×-11.6% | 2.9×+64.5% | |
| P/B | 15.8×-7.5% | 17.0×-6.4% | 18.2×+57.9% | 11.5×-40.4% | 19.3×-20.6% | 24.3×-38.3% | |
| P/FCF | 11.4×-14.0% | 13.2×-2.8% | 13.6×-11.4% | 15.4×-6.4% | 16.4×+15.5% | 14.2×+39.5% | |
| Earnings yield | 6.0%-10.5% | 6.7%+41.5% | 4.7%-50.4% | 9.5%+64.9% | 5.8%+32.1% | 4.4%-48.9% | |
| FCF yield | 8.8%+16.2% | 7.5%+2.9% | 7.3%+12.9% | 6.5%+6.9% | 6.1%-13.4% | 7.0%-28.3% | |
| Dividend yield | 1.9%-18.6% | 2.4%+19.1% | 2.0%-37.9% | 3.2%+16.5% | 2.7%+6.2% | 2.6%-42.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: NTAP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NTAP filings on SEC EDGAR → Not investment advice.