NetApp, Inc.

NTAP · Large cap · 3 articles

Financial highlights

Metric	FY 04/25/25	FY 04/26/24	FY 04/28/23	FY 04/29/22	FY 04/30/21
Income Statement
Revenue	$6.6B	$6.3B	$6.4B	$6.3B	$5.7B
Cost of revenue	$2.0B	$1.8B	$2.2B	$2.1B	$1.9B
Gross profit	$4.6B	$4.4B	$4.2B	$4.2B	$3.8B
Research and development	$1.0B	$1.0B	$956.0M	$881.0M	$881.0M
Operating expenses	$3.3B	$3.2B	$3.2B	$3.1B	$2.8B
Operating income	$1.3B	$1.2B	$1.0B	$1.2B	$1.0B
Interest expense	$64.0M	$64.0M	$67.0M	$73.0M	$74.0M
Pretax income	$1.4B	$1.3B	$1.1B	$1.1B	$962.0M
Income tax expense	$197.0M	$277.0M	-$208.0M	$158.0M	$232.0M
Net income	$1.2B	$986.0M	$1.3B	$937.0M	$730.0M
Balance Sheet
Cash and equivalents	$2.7B	$1.9B	$2.3B	$4.1B	$4.5B
Current assets	$5.9B	$4.9B	$4.7B	$5.9B	$6.0B
Total assets	$10.8B	$9.9B	$9.8B	$10.0B	$9.4B
Current liabilities	$4.7B	$4.1B	$3.5B	$4.0B	$3.5B
Total liabilities	$9.8B	$8.7B	$8.7B	$9.2B	$8.7B
Stockholders' equity	$1.0B	$1.1B	$1.2B	$838.0M	$685.0M
Cash Flow Statement
Cash from operations	$1.5B	$1.7B	$1.1B	$1.2B	$1.3B
Depreciation and amortization	$196.0M	$198.0M	$181.0M	$148.0M	$158.0M
Stock-based compensation	$386.0M	$357.0M	$312.0M	$245.0M	$197.0M
Capital expenditure	$168.0M	$155.0M	$239.0M	$226.0M	$162.0M
Free cash flow	$1.3B	$1.5B	$868.0M	$985.0M	$1.2B
Dividends paid	$424.0M	$416.0M	$432.0M	$446.0M	$427.0M
Share repurchases	$1.1B	$900.0M	$850.0M	$600.0M	$125.0M

Shares outstanding 197.3M · Free float 99.8%

Annual filing data through FY ended April 25, 2025; float as of July 3, 2026.