Financial insights of NTAP

MyFinsight

For the quarter ending 2025-10-24, NTAP made $1,705M in revenue. $305M in net income. Net profit margin of 17.89%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-10-24	2025-07-25	2025-01-24	2024-10-25
Net revenues	1,705	1,559	1,641	1,658
Product	321	302	330	307
Service	157	159	166	174
Total cost of revenues	478	461	496	481
Gross profit	1,227	1,098	1,145	1,177
Sales and marketing	465	461	451	485
Research and development	251	242	247	257
General and administrative	89	84	74	77
Restructuring charges	23	2	9	12
Acquisition-related expense	0	0	2	1
Total operating expenses	828	789	783	832
Income from operations	399	309	362	345
Other (expense) income, net	-6	-5	8	15
Income before income taxes	393	304	370	360
Provision for income taxes	88	71	71	61
Net income	305	233	299	299

Earnings per share, basic, total	1.53	1.16	1.47	1.47
Earnings per share, diluted, total	1.51	1.15	1.44	1.42
Shares used in diluted computation	202,000,000	203,000,000	208,000,000	210,000,000
Weighted average number of shares outstanding, basic, total	199,000,000	201,000,000	204,000,000	204,000,000