NetApp, Inc.
About NetApp, Inc.
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of the cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Geographically, the company generates the majority of its revenue from the United States, Canada and Latin America (Americas).
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Financial summary
- Revenue FY2026
- $6.9B
- Net income
- $1.3B
- Total assets
- $10.7B
- Market cap
- $33.0B
- Gross margin
- 78.5%
- Operating margin
- 26.8%
- Net margin
- 20.5%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $6.2B
- Cost of revenue
- $2.0B
- Gross profit
- $4.9B
- Operating expenses
- $3.2B
- Operating income
- $1.7B
- Income tax
- $372.0M
- Net income
- $1.3B
- EPS (basic)
- $6.41
- EPS (diluted)
- $6.35
Balance sheet
- Total assets
- $10.7B
- Current assets
- $5.8B
- Total liabilities
- $9.4B
- Current liabilities
- $4.0B
- Shareholders’ equity
- $1.4B
Cash flow
- Operating cash flow
- $2.1B
- Investing cash flow
- -$595.0M
- Financing cash flow
- -$2.1B
- Net cash flow
- -$674.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $33.0B
- P/E ratio
- 26.8
- EPS (diluted)
- $6.35
- Dividend yield
- 1.22%
- Shares outstanding
- 193.5M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 21, 1995
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.3B in FY2026.
- Revenue declined 1% from FY2022 to FY2026.
- Gross margin of 78.5%, net margin 20.5%.
- Trading 6% below its 52-week high.
- Pays a dividend yielding about 1.22% annually.
- Valued at a price-to-earnings (P/E) ratio of 26.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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