NetApp, Inc. financials

Key figures from NetApp, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJul 2026Jul 2025Change
Revenue$2.0B$1.6B+29.9%
Net income$375M$233M+60.9%
Free cash flow$401M$620M-35.3%
Gross margin70.1%70.4%-0.4 pts
Operating margin23.9%19.8%+4.1 pts
Net margin18.5%14.9%+3.6 pts

Quarterly trend

Revenue by quarter
$1.6BOct 2023$1.6BJan 2024$1.7BApr 2024*$1.5BJul 2024$1.7BOct 2024$1.6BJan 2025$1.7BApr 2025*$1.6BJul 2025$1.7BOct 2025$1.7BJan 2026$1.9BApr 2026*$2.0BJul 2026
Net income by quarter
$233MOct 2023$313MJan 2024$291MApr 2024*$248MJul 2024$299MOct 2024$299MJan 2025$340MApr 2025*$233MJul 2025$305MOct 2025$334MJan 2026$404MApr 2026*$375MJul 2026
Free cash flow by quarter
$97MOct 2023$448MJan 2024$567MApr 2024*$300MJul 2024$360MOct 2024$338MJan 2025$640MApr 2025*$620MJul 2025$78MOct 2025$271MJan 2026$900MApr 2026*$401MJul 2026
Margins by quarter
6%43%81%Oct 2023Jan 2024Apr 2024*Jul 2024Oct 2024Jan 2025Apr 2025*Jul 2025Oct 2025Jan 2026Apr 2026*Jul 202671.1%71.7%70.5%71.3%71.0%69.8%68.9%70.4%72.0%70.6%70.1%70.1%19.5%22.8%21.9%18.3%20.8%22.1%20.1%19.8%23.4%25.3%27.3%23.9%14.9%19.5%17.4%16.1%18.0%18.2%19.6%14.9%17.9%19.5%20.7%18.5%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Apr 2026$6.9B$1.3B18.4%$1.9B$6.35
FY Apr 2025$6.6B$1.2B18.0%$1.3B$5.67
FY Apr 2024$6.3B$986M15.7%$1.5B$4.63
FY Apr 2023$6.4B$1.3B20.0%$868M$5.79
FY Apr 2022$6.3B$937M14.8%$985M$4.09

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.