NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises. The company is headquartered in San Jose, California and currently employs 11,700 full-time employees. The company creates silo-free infrastructure, harnessing observability and AI to enable data management. Its operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. Its Hybrid Cloud segment provides a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage, data services and operational services. These solutions and services are available in the public clouds, including Amazon AWS, Microsoft Azure, and Google Cloud.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
04/25/2025
04/26/2024
04/28/2023
04/29/2022
04/30/2021
Revenue
6,709
6,572
6,268
6,362
6,318
5,744
Revenue Growth (YoY)
3%
5%
-1%
1%
10%
6%
Cost of Revenue
1,982
1,959
1,835
2,153
2,098
1,929
Gross Profit
4,727
4,613
4,433
4,209
4,220
3,815
Selling, General & Admin
2,183
2,176
2,136
2,091
2,136
1,996
Research & Development
986
1,012
1,029
956
881
881
Operating Expenses
3,169
3,188
3,165
3,047
3,017
2,877
Other Non Operating Income (Expenses)
-21
-2
1
14
4
4
Pretax Income
1,484
1,383
1,263
1,066
1,095
962
Income Tax Expense
272
197
277
-208
158
232
Net Income
1,212
1,186
986
1,274
937
730
Net Income Growth
7%
20%
-23%
36%
28%
-11%
Shares Outstanding (Diluted)
200
209
213
220
229
226
Shares Change (YoY)
-4%
-2%
-3%
-4%
1%
-3%
EPS (Diluted)
6.06
5.67
4.62
5.79
4.09
3.23
EPS Growth
11%
23%
-20%
42%
27%
-8%
Free Cash Flow
1,609
1,338
1,530
868
985
1,171
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
70.45%
70.19%
70.72%
66.15%
66.79%
66.41%
Operating Margin
23.22%
21.68%
20.22%
18.26%
19.04%
16.33%
Profit Margin
18.06%
18.04%
15.73%
20.02%
14.83%
12.7%
Free Cash Flow Margin
23.98%
20.35%
24.4%
13.64%
15.59%
20.38%
EBITDA
1,762
1,668
1,523
1,410
1,397
1,145
EBITDA Margin
26.26%
25.38%
24.29%
22.16%
22.11%
19.93%
D&A For EBITDA
204
243
255
248
194
207
EBIT
1,558
1,425
1,268
1,162
1,203
938
EBIT Margin
23.22%
21.68%
20.22%
18.26%
19.04%
16.33%
Effective Tax Rate
18.32%
14.24%
21.93%
-19.51%
14.42%
24.11%
Follow-Up Questions
What are NetApp Inc's key financial statements?
According to the latest financial statement (Form-10K), NetApp Inc has a total asset of $10,823, Net profit of $1,186
What are the key financial ratios for NTAP?
NetApp Inc's Current ratio is 1.1, has a Net margin is 18.04, sales per share of $31.44.
How is NetApp Inc's revenue broken down by segment or geography?
NetApp Inc largest revenue segment is Product, at a revenue of 3,040,000,000 in the most earnings release.For geography, Americas is the primary market for NetApp Inc, at a revenue of 3,347,000,000.
Is NetApp Inc profitable?
yes, according to the latest financial statements, NetApp Inc has a net profit of $1,186