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NetApp, Inc. (NTAP)

For the quarter ending 2025-07-25, NTAP made $1,559M in revenue. $233M in net income. Net profit margin of 14.95%.

Overview

Revenue
$1,559M
Net Income
$233M
Net Profit Margin
14.95%
EPS
$1.15
Unit: Million (M) dollars
Revenue Breakdown
    • Realized losses (gains) on cash ...
    • Realized losses (gains) on cash ...
    • Realized losses (gains) on cash ...

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-07-25
2025-01-24
2024-10-25
2024-07-26
Net revenues1,559 1,641 1,658 1,541
Service159 166 174 174
Product302 330 307 269
Total cost of revenues461 496 481 443
Gross profit1,098 1,145 1,177 1,098
Sales and marketing461 451 485 471
Restructuring charges2 9 12 17
Research and development242 247 257 252
General and administrative84 74 77 75
Acquisition-related expense- 2 1 1
Total operating expenses789 783 832 816
Income from operations309 362 345 282
Other (expense) income, net-5 8 15 17
Income before income taxes304 370 360 299
Provision for income taxes71 71 61 51
Net income233 299 299 248
Earnings per share, basic, total1.16 1.47 1.47 1.2
Earnings per share, diluted, total1.15 1.44 1.42 1.17
Shares used in diluted computation203,000,000 208,000,000 210,000,000 212,000,000
Weighted average number of shares outstanding, basic, total201,000,000 204,000,000 204,000,000 206,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Realized losses (gains)on cash flow...$791M (3.67%↑ Y/Y)Realized losses (gains)on cash flow...$265M (0.00%↑ Y/Y)Realized losses (gains)on cash flow...$503M (-1.95%↓ Y/Y)Net revenues$1,559M (1.17%↑ Y/Y)Gross profit$1,098M (0.00%↑ Y/Y)Total cost of revenues$461M (4.06%↑ Y/Y)Income from operations$309M (9.57%↑ Y/Y)Total operatingexpenses$789M (-3.31%↓ Y/Y)Product$302M (12.27%↑ Y/Y)Service$159M (-8.62%↓ Y/Y)Income before incometaxes$304M (1.67%↑ Y/Y)Other (expense)income, net-$5M (-129.41%↓ Y/Y)General andadministrative$84M (12.00%↑ Y/Y)Research and development$242M (-3.97%↓ Y/Y)Restructuring charges$2M (-88.24%↓ Y/Y)Sales and marketing$461M (-2.12%↓ Y/Y)Net income$233M (-6.05%↓ Y/Y)Provision for income taxes$71M (39.22%↑ Y/Y)