NetApp, Inc.

NetApp, Inc.

NTAP
NetApp, Inc.US flagNASDAQ Global Select
154.17
USD
-2.21
- -
30.20BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
18.59
19.41
18.86
19.97
22.09
24.2
23.53
25.87
28.33
29.32
30.13
32.22
34.8
34.84
Basic EPS, GAAP
1.87
1.77
0.78
1.75
0.43
4.6
3.56
3.29
4.2
5.87
4.74
5.81
6.41
6.42
Free Cash Flow per Basic Share
3.32
3.46
2.77
2.95
4.97
4.6
4.07
5.27
4.42
4
7.36
6.56
9.39
9.4
Dividend per Share
0.59
0.66
0.71
0.76
0.8
1.59
1.91
1.92
2
1.99
2
2.08
2.08
2.08
Book Value per Share
- -
10.9
9.9
10.21
8.75
4.46
1.23
3.22
3.96
5.58
5.79
5.42
6.84
6.85
Tangible Book Value per Share
7.87
7.28
3.49
3.51
1.65
-2.72
-6.87
-6.55
-7.4
-8.21
-8.35
-8.46
-7.25
-7.26
Basic Weighted Avg Shares
340
316
294
275
268
254
230
222
223
217
208
204
199
199
Sales/Revenue/Turnover
6,325
6,123
5,546
5,491
5,919
6,146
5,412
5,744
6,318
6,362
6,268
6,572
6,925
6,925
Operating Margin (%)
13
11.69
7.45
12.07
15.88
19.25
17.15
16.24
19.04
18.22
20.23
21.68
24.48
24.48
Depreciation Expense
334
307
279
226
198
197
193
207
194
248
255
243
200
200
Net Income, GAAP
638
560
229
481
116
1,169
819
730
937
1,274
986
1,186
1,276
1,276
Effective Tax Rate (%)
13.9
21.46
33.62
22.54
90.33
7.81
13.24
24.12
14.43
- -
21.93
14.24
22.57
22.57
Profit Margin (%)
10.09
9.15
4.13
8.76
1.96
19.02
15.13
12.71
14.83
20.03
15.73
18.05
18.43
18.43
Working Capital
3,777
4,064
2,786
2,076
3,421
1,743
658
2,549
1,992
1,213
791
1,189
1,755
1,755
LT Debt
990
1,487
1,490
744
1,541
1,144
1,239
2,703
2,643
2,637
2,212
2,701
2,691
2,691
Total Equity
3,786
3,414
2,881
2,780
2,276
1,090
242
685
838
1,159
1,146
1,040
1,351
1,351
Return on Invested Capital (%)
12.06
11.62
5.41
10.13
2
30.79
32.62
25.79
28.54
- -
25.91
28.84
29.86
29.86
Return on Capital (%)
21.79
20.05
5.13
10.22
2.65
33.97
34.52
28.26
27.42
- -
26.73
29.36
31.3
31.3
Return on Common Equity (%)
44.02
32.56
7.21
16.82
4.5
67.2
115.6
146.15
117.35
121.8
81.66
102.64
103.4
103.4

Capital Structure

FRC

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
42
41
42
LT Borrowings
2,486
2,486
2,487
LT Finance Leases
211
207
204
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
198
196
Market Capitalization
23,762
19,294
22,016

Working Capital

FRC

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
4,654
4,996
5,776
Cash, Cash Equivalents & STI
3,014
3,008
3,584
Accounts Receivable, Net
988
1,314
1,286
Inventories
127
109
198
Total Current Liabilities
3,470
3,594
4,021
Payables & Accruals
436
413
579
ST Debt
42
41
42
Deferred Revenue
2,144
2,273
2,320

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.17%
16.04%
29.9%
Free Cash Flow
13.25%
15.13%
39.69%
Net Income, GAAP
97.07%
13.92%
7.59%
Sales/Revenue/Turnover
2.43%
3.89%
5.37%
Total Cash Common Dividend
9.34%
-0.61%
-2.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,432
1,562
1,606
1,668
6,268
2025
1,541
1,658
1,641
1,732
6,572
2026
1,559
1,705
1,713
1,948
6,925

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
1.12
1.52
1.41
4.74
2025
1.2
1.47
1.47
1.67
5.81
2026
1.16
1.53
1.69
2.05
6.41

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
0.5
0.5
0.5
2
2025
0.52
0.52
0.52
0.52
2.08
2026
0.52
0.52
0.52
0.52
2.08

Company Description

APIChatGPT
CEO
George Kurian
Full Time Employees
11,800
Sector
Technology
Industry
Computer Hardware
Address
3060 Olsen Drive San Jose CA United States of America 95128
IPO Date
Nov 21, 1995
Website
netapp.com
Business
NetApp, Inc. (NTAP) provides unified data storage, integrated data services, and cloud operations solutions to enterprise customers worldwide. The company, founded in 1992 and headquartered in San Jose, California, offers a comprehensive portfolio of hardware and software including all-flash arrays such as All Flash FAS (AFF), hybrid flash systems, disaggregated storage architectures; ONTAP data management software for file, block, and object storage; cloud data services via platforms like Astra for control and automation across hybrid and multi-cloud environments; and specialized solutions for AI workloads, ransomware protection, cybersecurity, virtualization, and enterprise applications integrated with public cloud providers including AWS, Azure, and Google Cloud. NetApp serves enterprises, government agencies, and universities with operations spanning the United States, Europe, and Asia-Pacific regions through its global network of partners and direct sales. In recent developments, NetApp strengthens its hybrid cloud strategy through expanded partnerships, including deepened collaboration with Cisco on FlexPod XCS converged infrastructure, integration with AWS AI services for enterprise data workflows, and technology alliances with Lenovo for OEM storage systems; the company also reports robust growth in all-flash array annual recurring revenue, reaching $3.8 billion in its fiscal third quarter 2025, alongside 33% year-over-year cloud revenue increase driven by AI momentum and public cloud services expansion. Additionally, Flexera acquired NetApp's FinOps Spot business in early 2025 for $100 million to enhance cloud cost management capabilities, reflecting ongoing portfolio optimization amid rising demand for intelligent data infrastructure.

Company News

APIChatGPT
  • NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It

  • NetApp: Enterprise AI Demand Is Creating A Materially New Growth Trajectory

  • NetApp: Share Gains Will Determine The Next Leg Higher

  • Kalshi’s Harrison Shows Where the Next AI Trade Is Heading

  • Western Digital vs. NetApp: Which Data Center Stock is the Smarter Bet?

  • NetApp Enhances Support for AI Workloads at Massive Scale

  • TDC or NTAP: Which Is the Better Value Stock Right Now?

  • CGI and NetApp deepen global alliance to drive innovation, accelerate growth and strengthen client outcomes

  • How Is NetApp Capitalizing on Rising All-Flash Adoption?

  • Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know

  • Here's Why NetApp (NTAP) is a Strong Growth Stock

  • Here's Why NetApp (NTAP) is a Strong Momentum Stock

  • NetApp, Inc. (NTAP) Presents at 2026 Evercore Global TMT Conference Transcript

  • TDC vs. NTAP: Which Stock Is the Better Value Option?

  • Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock

  • NetApp and Cisco Accelerate and Secure AI Innovation

  • NetApp and Cisco Collaboration Strengthens Defense-in-Depth for Enterprise Cyber Resilience

  • NetApp, Inc. (NTAP) Presents at Bank of America 2026 Global Technology Conference Transcript

  • NetApp Q4 Earnings Call Highlights AI Demand and 2027 Outlook

  • Dell, Snowflake, And Okta Are Among Top 10 Large-Cap Gainers Last Week (May 25-May 29): Are the Others in Your Portfolio?