NetApp, Inc.

NTAP · Large cap · 3 articles

Financial highlights

Metric	FY 04/24/26	FY 04/25/25	FY 04/26/24	FY 04/28/23	FY 04/29/22
Income Statement
Revenue	$6.9B	$6.6B	$6.3B	$6.4B	$6.3B
Cost of revenue	$2.0B	$2.0B	$1.8B	$2.2B	$2.1B
Gross profit	$4.9B	$4.6B	$4.4B	$4.2B	$4.2B
Research and development	$991.0M	$1.0B	$1.0B	$956.0M	$881.0M
Operating expenses	$3.2B	$3.3B	$3.2B	$3.2B	$3.1B
Operating income	$1.7B	$1.3B	$1.2B	$1.0B	$1.2B
Interest expense	$109.0M	$64.0M	$64.0M	$67.0M	$73.0M
Pretax income	$1.6B	$1.4B	$1.3B	$1.1B	$1.1B
Income tax expense	$372.0M	$197.0M	$277.0M	-$208.0M	$158.0M
Net income	$1.3B	$1.2B	$986.0M	$1.3B	$937.0M
Balance Sheet
Cash and equivalents	$2.1B	$2.7B	$1.9B	$2.3B	$4.1B
Current assets	$5.8B	$5.9B	$4.9B	$4.7B	$5.9B
Total assets	$10.7B	$10.8B	$9.9B	$9.8B	$10.0B
Current liabilities	$4.0B	$4.7B	$4.1B	$3.5B	$4.0B
Total liabilities	$9.4B	$9.8B	$8.7B	$8.7B	$9.2B
Stockholders' equity	$1.4B	$1.0B	$1.1B	$1.2B	$838.0M
Cash Flow Statement
Cash from operations	$2.1B	$1.5B	$1.7B	$1.1B	$1.2B
Depreciation and amortization	$179.0M	$196.0M	$198.0M	$181.0M	$148.0M
Stock-based compensation	$382.0M	$386.0M	$357.0M	$312.0M	$245.0M
Capital expenditure	$198.0M	$168.0M	$155.0M	$239.0M	$226.0M
Free cash flow	$1.9B	$1.3B	$1.5B	$868.0M	$985.0M
Dividends paid	$413.0M	$424.0M	$416.0M	$432.0M	$446.0M
Share repurchases	$950.0M	$1.1B	$900.0M	$850.0M	$600.0M

Shares outstanding 197.3M · Free float 99.8%

Annual filing data through FY ended April 24, 2026; float as of July 3, 2026.