For the quarter ending 2026-01-23, NTAP made $1,713M in revenue. $334M in net income. Net profit margin of 19.50%.
| Income Statement | 2026-01-23 | 2025-10-24 | 2025-07-25 | 2025-04-25 |
|---|---|---|---|---|
| Net revenues | 1,713 | 1,705 | 1,559 | 1,732 |
| Product | 353 | 321 | 302 | 378 |
| Service | 151 | 157 | 159 | 161 |
| Total cost of revenues | 504 | 478 | 461 | 539 |
| Gross profit | 1,209 | 1,227 | 1,098 | 1,193 |
| Sales and marketing | 455 | 465 | 461 | 458 |
| Research and development | 237 | 251 | 242 | 256 |
| General and administrative | 86 | 89 | 84 | 85 |
| Restructuring charges | -3 | 23 | 2 | 45 |
| Acquisition-related expense | 0 | 0 | 0 | 1 |
| Total operating expenses | 775 | 828 | 789 | 845 |
| Income from operations | 434 | 399 | 309 | 348 |
| Other (expense) income, net | -1 | -6 | -5 | 6 |
| Income before income taxes | 433 | 393 | 304 | 354 |
| Provision for income taxes | 99 | 88 | 71 | 14 |
| Net income | 334 | 305 | 233 | 340 |
| Basic EPS | 1.69 | 1.53 | 1.16 | 1.683 |
| Diluted EPS | 1.67 | 1.51 | 1.15 | 1.65 |
| Basic Average Shares | 198,000,000 | 199,000,000 | 201,000,000 | 202,000,000 |
| Diluted Average Shares | 200,000,000 | 202,000,000 | 203,000,000 | 206,000,000 |
NetApp, Inc. (NTAP)
NetApp, Inc. (NTAP)