Name: NTAP Income Statement - Netapp Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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NTAP - Netapp, Inc.

USD | NASDAQ | Technology

NTAP Income Statement - Netapp Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q4 FY 26	Q3 FY 26	Q2 FY 26	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17
Revenues
Revenues	1,260.0	1,713.0	1,705.0	1,559.0	1,067.0	1,641.0	1,658.0	1,541.0	1,057.0	1,606.0	1,562.0	1,432.0	1,581.0	1,526.0	1,663.0	1,592.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	6,237.0	5,907.0	5,657.0	6,362.0	6,318.0	5,744.0	5,412.0	6,146.0	5,919.0	5,491.0	5,546.0	6,123.0	6,325.0	6,332.4	6,233.2	5,122.6	3,931.4	3,406.4
Cost of Revenue	2,026.0	1,959.0	1,835.0	2,153.0	2,098.0	1,929.0	1,789.0	2,201.0	2,212.0	2,129.0	2,173.0	2,290.0	2,406.0	2,571.3	2,519.8	1,793.9	1,412.2
Gross Profit	4,211.0	3,948.0	3,822.0	4,209.0	4,220.0	3,815.0	3,623.0	3,945.0	3,707.0	3,362.0	3,373.0	3,833.0	3,919.0	3,761.1	3,713.4	3,328.7
Operating Expenses
Research & Development	991.0	1,012.0	1,029.0	956.0	881.0	881.0	847.0	827.0	783.0	779.0	861.0	920.0	918.0	904.2	828.2
Operating Income
Operating Income	1,674.0	1,337.0	1,214.0	1,018.0	1,157.0	1,031.0	945.0	1,221.0	1,158.0	621.0	348.0	716.0	734.0	607.8
Non-Operating
Interest Income	113.0	112.0	112.0	69.0	7.0	9.0	48.0	88.0	79.0	44.0	46.0	37.0	35.0	42.2	-
Tax & Net
Income Tax Expense	372.0	197.0	277.0	(208.0)	158.0	232.0	125.0	99.0	1,083.0	140.0	116.0	153.0	103.0	61.3	107.0
Per Share
EPS Basic	6.41	5.81	4.74	5.87	4.20	3.29	3.56	4.60	0.43	1.75	0.78	1.77	1.87	1.40	1.66	1.87
Supplementary Data
EBITDA	1,853.0	1,533.0	1,412.0	1,199.0	1,305.0	1,189.0	1,099.0	1,371.0	1,303.0	799.0	560.0	959.0	1,009.0	866.6	1,039.6	989.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	261.0	237.0	251.0	242.0	256.0	247.0	257.0	252.0	271.0	249.0	262.0	247.0	243.0	230.0	243.0	240.0	235.0	220.0	216.0	210.0	221.0	215.0	212.0	233.0	212.0	211.0	209.0	215.0	205.0	203.0	211.0	208.0	203.0	193.0	194.0	193.0	191.0	181.0	200.0	207.0
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	488.0	455.0	465.0	461.0	458.0	451.0	485.0	471.0	460.0	439.0	461.0	468.0	442.0	450.0	479.0	458.0	480.0
General & Administrative	85.0	86.0	89.0	84.0	85.0	74.0	77.0	75.0	78.0	81.0	75.0	74.0	67.0	59.0	67.0	72.0	72.0
Depreciation & Amortization	-	-	-	51.0	-	-	-	63.0	-	-	-	64.0	-	-	-	58.0
Amortization of Intangibles	4.0	5.0	6.0	6.0	6.0	13.0	14.0	14.0	14.0	14.0	14.0	15.0	17.0	17.0	17.0	17.0
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	833.0	775.0	828.0	789.0	845.0	783.0	832.0	816.0	810.0	785.0	806.0	818.0	766.0	829.0	805.0	791.0

Operating Income
Operating Income	532.0	434.0	399.0	309.0	348.0	362.0	345.0	282.0	366.0	366.0	304.0	178.0	309.0	172.0	282.0	255.0	293.0	321.0	294.0	249.0	455.0	258.0	182.0	136.0	277.0	268.0	296.0	104.0	370.0	311.0	286.0	254.0	312.0	490.0	216.0	140.0	203.0	183.0	142.0	93.0

Tax & Net
Income Tax Expense	114.0	99.0	88.0	71.0	14.0	71.0	61.0	51.0	89.0	69.0	82.0	37.0	69.0	112.0	(445.0)	56.0	13.0	54.0	56.0	35.0	102.0	65.0	38.0	27.0	54.0	(1.0)	56.0	16.0	(12.0)	70.0	52.0	(11.0)	38.0	983.0	48.0	14.0	42.0	37.0	33.0	28.0
Net Income From Continuing Ops	404.0	334.0	305.0	233.0	340.0	299.0	299.0	248.0	291.0	313.0	233.0	149.0	245.0	65.0	750.0	214.0	259.0
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	404.0	334.0	305.0	233.0	340.0	299.0	299.0	248.0	291.0	313.0	233.0	149.0	245.0	65.0	750.0	214.0	259.0
Net Income Attributable To Parent	404.0	334.0	305.0	233.0	340.0	299.0	299.0	248.0	291.0	313.0	233.0	149.0	245.0	65.0	750.0	214.0
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	404.0	334.0	305.0	233.0	340.0	299.0	299.0	248.0	291.0	313.0	233.0	149.0	245.0	65.0	750.0

Per Share
EPS Basic	-	1.69	1.53	1.16	-	1.47	1.47	1.20	-	1.52	1.12	0.70	-	0.30	3.46	0.97	-	1.13	1.00	0.91	-	0.82	0.62	0.35	-	1.23	1.03	0.43	-	1.00	0.93	1.08	-	(1.79)	0.65	0.49	-	0.53	0.39	0.23
EPS Diluted	-	1.67	1.51	1.15	-	1.44	1.42	1.17	-	1.48	1.10	0.69	-	0.30	3.41	0.96	-	1.10
Shares Basic	-	198.0	199.0	201.0	-	204.0	204.0	206.0	-	206.0	208.0	212.0	-	216.0	217.0	220.0	-	223.0
Shares Diluted	-	200.0	202.0	203.0	-	208.0	210.0	212.0	-	211.0	211.0	216.0	-	219.0	220.0	224.0	-	229.0

Supplementary Data
EBITDA	-	-	-	360.0	-	-	-	345.0	-	-	-	242.0	-	-	-	313.0	-	-	-	295.0	-	-	-	185.0	-	-	-	153.0	-	-	-	303.0	-	-	-	191.0	-	-	-	153.0
EBIT	532.0	434.0	399.0	309.0	348.0	362.0	345.0	282.0	366.0	366.0	304.0	178.0	309.0	172.0	282.0	255.0	293.0	321.0	294.0

Non-Operating
Interest Income	25.0	25.0	27.0	36.0	29.0	20.0	27.0	36.0	32.0	27.0	25.0	28.0	27.0	21.0	14.0	7.0	2.0	2.0	1.0	2.0	2.0	2.0	2.0	3.0	7.0	10.0	12.0	19.0	20.0	22.0	21.0	25.0	24.0	20.0	19.0	16.0	13.0	10.0	10.0	11.0
Interest Expense	28.0	26.0	26.0	29.0	21.0	12.0	15.0	16.0	16.0	17.0	15.0	16.0	16.0	16.0	17.0	18.0	18.0	19.0
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(14.0)	(1.0)	(6.0)	(5.0)	6.0	8.0	15.0	17.0	14.0	16.0	11.0	8.0	5.0	5.0	23.0	15.0	(21.0)
Pre-Tax Income	518.0	433.0	393.0	304.0	354.0	370.0	360.0	299.0	380.0	382.0	315.0	186.0	314.0	177.0	305.0	270.0