NetApp, Inc.

Listed Company

NTAPCIK 0001002047NasdaqLarge AcceleratedComputer Storage DevicesCaliforniaFY ends Apr 30

Period

FY 2026

Revenue

$6.92B

Net Income

$1.28B

Total Assets

$10.74B

Equity

$1.35B

Shares Out

195.92M

Op. Cash Flow

$2.07B

NTAP$163.75+52.67% · past yearDBEQ Basic

Daily closing prices

Business

NetApp, Inc. provides intelligent data infrastructure solutions spanning storage hardware, data management software, and cloud-delivered services. The company offers ONTAP software, all-flash and hybrid storage arrays, cloud-native storage services on AWS, Microsoft Azure, and Google Cloud, and AI-ready infrastructure. NetApp operates through Hybrid Cloud and Public Cloud segments, serving enterprises across on-premises, hybrid, and multi-cloud environments with storage, backup, replication, and subscription-based managed services.

Summary from 10-K filed 2026-06-05

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
Net revenues	6,925	6,572	6,268	6,362	6,318
Total cost of revenues	2,026	1,959	1,835	2,153	2,098
Gross profit	4,899	4,613	4,433	4,209	4,220
Sales and marketing	1,869	1,865	1,828	1,829	1,857
Research and development	991	1,012	1,029	956	881
General and administrative	344	311	308	265	279
Restructuring charges	21	83	44	120	33
Acquisition-related expense	0	5	10	21	13
Total operating expenses	3,225	3,276	3,219	3,191	3,063
Income from operations	1,674	1,337	1,214	1,018	1,157
Other (expense) income, net	−26	46	49	48	−62
Income before income taxes	1,648	1,383	1,263	1,066	1,095
Provision for income taxes	372	197	277	−208	158
Net income	1,276	1,186	986	1,274	937
Basic (per share)	6.41	5.81	4.74	5.87	4.2
Diluted (per share)	6.35	5.67	4.63	5.79	4.09
Basic (shares)	199	204	208	217	223
Diluted (shares)	201	209	213	220	229

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
Cash and cash equivalents	2,070	2,742	1,903	2,316	4,112
Short-term investments	1,514	1,104	1,349	754	22
Accounts receivable	1,286	1,246	1,007	987	1,230
Inventories	198	186	186	167	204
Other current assets	708	573	452	456	377
Total current assets	5,776	5,851	4,897	4,680	5,945
Property and equipment, net	592	563	604	650	602
Goodwill	2,772	2,723	2,759	2,759	2,346
Purchased intangible assets, net	22	43	124	181	142
Other non-current assets	1,582	1,643	1,503	1,548	991
Total assets	10,744	10,823	9,887	9,818	10,026
Accounts payable	550	511	517	392	607
Accrued expenses	1,151	1,122	1,013	857	925
Current portion of long-term debt	0	750	400	0	250
Short-term deferred revenue	2,320	2,279	2,176	2,218	2,171
Total current liabilities	4,021	4,662	4,106	3,467	3,953
Long-term debt	2,487	2,485	1,992	2,389	2,386
Other long-term liabilities	360	379	585	708	788
Long-term deferred revenue	2,525	2,257	2,058	2,095	2,061
Total liabilities	9,393	9,783	8,741	8,659	9,188
Commitments and contingencies (Note 16)	—	—	—	—	—
Preferred stock, $0.001 par value, 5 shares authorized; no shares issued or outstanding as of April 25, 2025 or April 26, 2024	0	0	—	0	0
Common stock and additional paid-in capital, $0.001 par value, 885 shares authorized; 198 and 201 shares issued and outstanding as of April 24, 2026 and April 25, 2025, respectively	1,209	1,106	997	945	760
Retained earnings	153	0	208	265	122
Accumulated other comprehensive loss	−11	−66	−59	−51	−44
Total stockholders' equity	1,351	1,040	1,146	1,159	838
Total liabilities and stockholders' equity	10,744	10,823	9,887	9,818	10,026

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-04-30	FY 2025 2025-04-30	FY 2024 2024-04-30	FY 2023 2023-04-30	FY 2022 2022-04-30
Depreciation and amortization	200	243	255	248	194
Non-cash operating lease cost	42	41	45	52	55
Stock-based compensation	382	386	357	312	245
Deferred income taxes	135	−100	53	−606	−144
Other items, net	55	0	−13	−67	−54
Accounts receivable	−36	−219	−33	260	−313
Inventories	−12	−1	−18	37	−90
Other operating assets	−248	−87	−62	−63	−21
Accounts payable	31	−8	123	−207	181
Accrued expenses	−23	62	113	−103	−111
Deferred revenue	281	208	−14	46	384
Long-term taxes payable	−7	−207	−106	−76	−45
Other operating liabilities	−9	2	−1	0	−7
Net cash provided by operating activities	2,067	1,506	1,685	1,107	1,211
Purchases of investments	−2,758	−1,782	−2,635	−1,269	−18
Maturities, sales and collections of investments	2,346	2,027	2,055	550	63
Purchases of property and equipment	−198	−168	−155	−239	−226
Other investing activities, net	15	70	0	59	0
Net cash (used in) provided by investing activities	−595	147	−735	−1,390	−561
Proceeds from issuance of common stock under employee stock award plans	103	108	100	108	105
Payments for taxes related to net share settlement of stock awards	−137	−199	−127	−84	−74
Repurchase of common stock	−950	−1,150	−900	−850	−600
Issuances of debt, net of issuance costs	0	1,240	0	0	—
Repayments and extinguishment of debt	−750	−400	0	−250	0
Dividends paid	−413	−424	−416	−432	−446
Other financing activities, net	0	−3	−1	−5	−2
Net cash used in financing activities	−2,147	−828	−1,344	−1,513	−1,017
Effect of exchange rate changes on cash, cash equivalents and restricted cash	1	15	−19	−1	−49
Net change in cash, cash equivalents and restricted cash	−674	840	−413	−1,797	−416

Filings

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Frequently asked questions

What is NetApp, Inc.'s CIK number?

NetApp, Inc.'s SEC CIK number is 0001002047 (1002047). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find NetApp, Inc.'s SEC filings?

All of NetApp, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did NetApp, Inc. last report earnings?

NetApp, Inc. (NTAP) most recently filed an earnings 8-K with the SEC on May 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-245196). This is NetApp, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is NetApp, Inc.'s most recent earnings 8-K?

NetApp, Inc.'s latest earnings 8-K (Item 2.02) was filed May 28, 2026 under accession 0001193125-26-245196. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View NetApp, Inc.'s latest earnings 8-K →
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