| Income Statement | 2026-04-24 | 2025-04-25 | 2024-04-26 | 2023-04-28 |
|---|---|---|---|---|
| Net revenues | 6,925 | 6,572 | 6,268 | 6,362 |
| Product | 1,401 | 1,284 | 1,137 | 1,517 |
| Service | 625 | 675 | 698 | 636 |
| Total cost of revenues | 2,026 | 1,959 | 1,835 | 2,153 |
| Gross profit | 4,899 | 4,613 | 4,433 | 4,209 |
| Sales and marketing | 1,869 | 1,865 | 1,828 | 1,829 |
| Research and development | 991 | 1,012 | 1,029 | 956 |
| General and administrative | 344 | 311 | 308 | 265 |
| Restructuring charges | 21 | 83 | 44 | 120 |
| Acquisition-related expense | 0 | 5 | 10 | 21 |
| Gain on sale or derecognition of assets | NaN | NaN | NaN | 0 |
| Total operating expenses | 3,225 | 3,276 | 3,219 | 3,191 |
| Income from operations | 1,674 | 1,337 | 1,214 | 1,018 |
| Other (expense) income, net | -26 | 46 | 49 | 48 |
| Income before income taxes | 1,648 | 1,383 | 1,263 | 1,066 |
| Provision for income taxes | 372 | 197 | 277 | -208 |
| Net income | 1,276 | 1,186 | 986 | 1,274 |
| Basic EPS | 6.41 | 5.81 | 4.74 | 5.87 |
| Diluted EPS | 6.35 | 5.67 | 4.63 | 5.79 |
| Basic Average Shares | 199,000,000 | 204,000,000 | 208,000,000 | 217,000,000 |
| Diluted Average Shares | 201,000,000 | 209,000,000 | 213,000,000 | 220,000,000 |
NetApp, Inc. (NTAP)
NetApp, Inc. (NTAP)