NetApp, Inc. (NTAP)

187.02 -1.90% (-3.62)

Over 5Y: +154.7%

2026-08-28
50 100 150 200
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q2 '24 — Revenue: 1.6B Q2 '24 — Operating Cash Flow: 135M Q2 '24 — Free Cash Flow: 97M Q2 '24 — Net Income: 233M Q3 '24 — Revenue: 1.6B Q3 '24 — Operating Cash Flow: 484M Q3 '24 — Free Cash Flow: 448M Q3 '24 — Net Income: 313M Q3 '24 — Net Income: 313M Q4 '24 — Revenue: 1.7B Q4 '24 — Operating Cash Flow: 613M Q4 '24 — Free Cash Flow: 567M Q4 '24 — Net Income: 291M Q1 '25 — Revenue: 1.5B Q1 '25 — Operating Cash Flow: 341M Q1 '25 — Free Cash Flow: 300M Q1 '25 — Net Income: 248M Q2 '25 — Revenue: 1.7B Q2 '25 — Operating Cash Flow: 105M Q2 '25 — Free Cash Flow: 60M Q2 '25 — Net Income: 299M Q3 '25 — Revenue: 1.6B Q3 '25 — Operating Cash Flow: 385M Q3 '25 — Free Cash Flow: 338M Q3 '25 — Net Income: 299M Q4 '25 — Revenue: 1.7B Q4 '25 — Operating Cash Flow: 675M Q4 '25 — Free Cash Flow: 640M Q4 '25 — Net Income: 340M Q1 '26 — Revenue: 1.6B Q1 '26 — Operating Cash Flow: 673M Q1 '26 — Free Cash Flow: 620M Q1 '26 — Net Income: 233M Q2 '26 — Revenue: 1.7B Q2 '26 — Operating Cash Flow: 127M Q2 '26 — Free Cash Flow: 78M Q2 '26 — Net Income: 305M Q3 '26 — Revenue: 1.7B Q3 '26 — Operating Cash Flow: 317M Q3 '26 — Free Cash Flow: 271M Q3 '26 — Net Income: 334M Q4 '26 — Revenue: 1.9B Q4 '26 — Operating Cash Flow: 950M Q4 '26 — Free Cash Flow: 900M Q4 '26 — Net Income: 404M 0 400M 800M 1.2B 1.6B 2B
Q3 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26 Q4 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-04-24, reported in USD. The newest fact in the filings is dated 2026-05-21, 101 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.4
ROIC 520.7%
OE margin 21.5%
Oper. margin 24.2%
Accruals -7.4%
FCF margin 27.0%
Gross margin 70.7%
OCF margin 29.8%
ROA 11.9%
ROCE 24.9%
ROE 94.4%
OCF / EBIT 1.2×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

7.0
RPO / sales 0.34×
RPO growth 7.8%
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

8.9
ND/EBITDA —
Cash / Debt 1.4×
Debt payback 0.0 yr
F-score 8.0 pts
Payout 32.4%
Quick ratio 1.4×
Debt / Eq 1.8×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.5
Sales/sh Y/Y +9.6%
EBIT Y/Y +25.2%
EPS CAGR 4Y +11.7%
EBIT CAGR +9.7%
EPS Y/Y +11.9%
Sales Q/Q +12.5%
Div. growth -2.6%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.