For the quarter ending 2025-10-24, NTAP made $1,705M in revenue. $305M in net income. Net profit margin of 17.89%.
| Income Statement | 2025-10-24 | 2025-07-25 | 2025-04-25 | 2025-01-24 |
|---|---|---|---|---|
| Net revenues | 1,705 | 1,559 | 1,732 | 1,641 |
| Product | 321 | 302 | 378 | 330 |
| Service | 157 | 159 | 161 | 166 |
| Total cost of revenues | 478 | 461 | 539 | 496 |
| Gross profit | 1,227 | 1,098 | 1,193 | 1,145 |
| Sales and marketing | 465 | 461 | 458 | 451 |
| Research and development | 251 | 242 | 256 | 247 |
| General and administrative | 89 | 84 | 85 | 74 |
| Restructuring charges | 23 | 2 | 45 | 9 |
| Acquisition-related expense | 0 | 0 | 1 | 2 |
| Total operating expenses | 828 | 789 | 845 | 783 |
| Income from operations | 399 | 309 | 348 | 362 |
| Other (expense) income, net | -6 | -5 | 6 | 8 |
| Income before income taxes | 393 | 304 | 354 | 370 |
| Provision for income taxes | 88 | 71 | 14 | 71 |
| Net income | 305 | 233 | 340 | 299 |
| Earnings per share, basic, total | 1.53 | 1.16 | 1.67 | 1.47 |
| Earnings per share, diluted, total | 1.51 | 1.15 | 1.64 | 1.44 |
| Shares used in diluted computation | 202,000,000 | 203,000,000 | -421,000,000 | 208,000,000 |
| Weighted average number of shares outstanding, basic, total | 199,000,000 | 201,000,000 | -410,000,000 | 204,000,000 |
NetApp, Inc. (NTAP)
NetApp, Inc. (NTAP)