NetApp, Inc.
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Net revenues | $3.53B+3.3% | $3.42B+3.2% | $3.31B+9.2% | $3.03B+106.1% | $1.47B |
| Total cost of revenues | $675.0M-3.3% | $698.0M+9.7% | $636.0M+16.9% | $544.0M+35.3% | $402.0M |
| Gross profit | $4.61B+4.1% | $4.43B+5.3% | $4.21B-0.3% | $4.22B+10.6% | $3.81B |
| Sales and marketing | $1.86B+2.0% | $1.83B-0.1% | $1.83B-1.5% | $1.86B+6.5% | $1.74B |
| Research and development | $1.01B-1.7% | $1.03B+7.6% | $956.0M+8.5% | $881.0M+0.0% | $881.0M |
| General and administrative | $311.0M+1.0% | $308.0M+16.2% | $265.0M-5.0% | $279.0M+8.6% | $257.0M |
| Restructuring charges | $83.0M+88.6% | $44.0M-63.3% | $120.0M+263.6% | $33.0M-21.4% | $42.0M |
| Acquisition-related expense | $5.0M-50.0% | $10.0M-52.4% | $21.0M+61.5% | $13.0M-18.8% | $16.0M |
| Total operating expenses | $3.28B+1.8% | $3.22B+0.9% | $3.19B+4.2% | $3.06B+10.0% | $2.78B |
| Income from operations | $1.34B+10.1% | $1.21B+19.3% | $1.02B-12.0% | $1.16B+12.2% | $1.03B |
| Other income, net | $46.0M-6.1% | $49.0M+2.1% | $48.0M+177.4% | -$62.0M+10.1% | -$69.0M |
| Income before income taxes | $1.38B+9.5% | $1.26B+18.5% | $1.07B-2.6% | $1.09B+13.8% | $962.0M |
| Provision (benefit) for income taxes | $197.0M-28.9% | $277.0M+233.2% | -$208.0M-231.6% | $158.0M-31.9% | $232.0M |
| Net income | $1.19B+20.3% | $986.0M-22.6% | $1.27B+36.0% | $937.0M+28.4% | $730.0M |
| Basic | $204.0M-1.9% | $208.0M-4.1% | $217.0M-2.7% | $223.0M+0.5% | $222.0M |
| Diluted | $209.0M-1.9% | $213.0M-3.2% | $220.0M-3.9% | $229.0M+1.3% | $226.0M |
| Product [Member] | |||||
| Service [Member] | |||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
NetApp delivered record fiscal year 2026 results with Q4 net revenues of $1.95 billion (up 12% YoY) and full-year revenues of $6.93 billion (up 5% YoY), achieving record gross profit, operating income, and free cash flow
“Fiscal year 2026 was a landmark year for NetApp with record results across revenue, gross profit, operating income, cash flow from operations, and free cash flow.”
| Trade Date | Filed | Owner | Role | Type | Shares | Price | Value | Owned After | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-10 | 2026-06-12 | O'Callahan Elizabeth M | EVP, Chief Admin. Officer | Sale | 1,000 | $163.48 | $163K | 32.3K | View | |
| 2026-06-03 | 2026-06-05 | HELD GERALD | Director | Sale | 7,132 | $180.00 | $1.28M | 13.8K | View | |
| 2026-06-01 | 2026-06-03 | De Lorenzo Daniel | VP, Controller & CAO | Sale | 225 | $171.09 | $38K | 1,090 | View | |
| 2026-05-18 | 2026-05-20 | De Lorenzo Daniel | VP, Controller & CAO | Sale | 275 | $120.00 | $33K | 1,090 | View | |
| 2026-05-11 | 2026-05-13 | O'Callahan Elizabeth M | EVP, Chief Admin. Officer | Sale | 1,000 | $117.73 | $118K | 18.4K | View |
Informational purposes only, not investment advice.