How NetApp makes money

Period

FY2026

How does NetApp make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

NetApp Inc. · FY2026 · year ended 2026-04-24

Revenue$6.9BGross profit$4.9B · 71%Cost of revenue$2.0B · 29%Operating income$1.7B · 24%Operating expenses$3.2B · 47%R&D$991M · 14%SG&A$344M · 5%Selling & marketing$1.9B · 27%Net income$1.3B · 18%Income tax$372M · 5%Product$3.2B · 46%Support$2.6B · 38%Public Cloud$688M · 10%Professional & Other Services$407M · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.