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NTAP (NetApp, Inc.) Stock Financials & Earnings | Market Cap Arena
NTAP
NetApp, Inc.
Mkt Cap
$20B
Technology
·
Computer Hardware
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$6.7B
Net Income (TTM)
$1.2B
EPS (TTM)
$5.98
Free Cash Flow (TTM)
$1.6B
Gross Margin
70.5%
Op. Margin
22.2%
Net Margin
18.1%
FCF Margin
24.0%
P/S Ratio (TTM)
2.9x
P/E Ratio (TTM)
16.2x
YoY Rev Growth
+3.1%
Employees
—
Earnings Reports
▶
Q3 2026
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q4 23
$1.6B
$1.1B
$309M
Q1 24
$1.4B
$996M
$178M
Q2 24
$1.6B
$1.1B
$304M
Q3 24
$1.6B
$1.2B
$366M
Q4 24
$1.7B
$1.2B
$366M
Q1 25
$1.5B
$1.1B
$282M
Q2 25
$1.7B
$1.2B
$345M
Q3 25
$1.6B
$1.1B
$362M
Q4 25
$1.7B
$1.2B
$348M
Q1 26
$1.6B
$1.1B
$309M
Q2 26
$1.7B
$1.2B
$399M
Q3 26
$1.7B
$1.2B
$431M
marketcaparena.com
Revenue Breakdown
NTAP
NetApp, Inc.
Revenue Breakdown
Q3 2026
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q4 23
3.1x
15.4x
Q1 24
3.2x
16.3x
Q2 24
3.2x
28.4x
Q3 24
3.2x
20.9x
Q4 24
3.1x
19.9x
Q1 25
3.1x
18.1x
Q2 25
3.0x
17.1x
Q3 25
3.0x
17.3x
Q4 25
3.0x
16.6x
Q1 26
3.0x
16.8x
Q2 26
3.0x
16.7x
Q3 26
2.9x
16.2x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q4 23
$235M
$196M
Q1 24
$453M
$418M
Q2 24
$135M
$97M
Q3 24
$484M
$448M
Q4 24
$613M
$567M
Q1 25
$341M
$300M
Q2 25
$105M
$60M
Q3 25
$385M
$338M
Q4 25
$675M
$640M
Q1 26
$673M
$620M
Q2 26
$127M
$78M
Q3 26
$317M
$271M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q4 23
$39M
Q1 24
$35M
Q2 24
$38M
Q3 24
$36M
Q4 24
$46M
Q1 25
$41M
Q2 25
$45M
Q3 25
$47M
Q4 25
$35M
Q1 26
$53M
Q2 26
$49M
Q3 26
$46M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q4 23
-5.9%
-8.3%
Q1 24
-10.1%
-6.2%
Q2 24
-6.1%
-8.9%
Q3 24
+5.2%
-8.4%
Q4 24
+5.4%
+2.3%
Q1 25
+7.6%
+0.4%
Q2 25
+6.1%
+4.4%
Q3 25
+2.2%
+3.1%
Q4 25
+3.9%
+6.4%
Q1 26
+1.2%
-0.7%
Q2 26
+2.8%
-0.5%
Q3 26
+4.4%
+0.2%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q4 23
$74M
4.7%
Q1 24
$87M
6.1%
Q2 24
$93M
6.0%
Q3 24
$89M
5.5%
Q4 24
$88M
5.3%
Q1 25
$85M
5.5%
Q2 25
$103M
6.2%
Q3 25
$103M
6.3%
Q4 25
$95M
5.5%
Q1 26
$83M
5.3%
Q2 26
$102M
6.0%
Q3 26
$97M
5.7%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
Quarter
R&D
G&A
S&M
Q4 23
$243M
$67M
$442M
Q1 24
$247M
$74M
$468M
Q2 24
$262M
$75M
$461M
Q3 24
$249M
$81M
$439M
Q4 24
$271M
$78M
$460M
Q1 25
$252M
$75M
$471M
Q2 25
$257M
$77M
$485M
Q3 25
$247M
$74M
$451M
Q4 25
$256M
$85M
$458M
Q1 26
$242M
$84M
$461M
Q2 26
$251M
$89M
$465M
Q3 26
$237M
$86M
$455M
marketcaparena.com
Revenue Segments
Hybrid Cloud Segment
Public Cloud Segment
Quarter
Hybrid Cloud Segment
Public Cloud Segment
Q1 24
$1.3B
$154M
Q2 24
$1.4B
$154M
Q3 24
$1.5B
$151M
Q1 25
$1.4B
$159M
Q2 25
$1.5B
$168M
Q3 25
$1.5B
$174M
marketcaparena.com
Revenue by Geography
Americas
Asia Pacific
E M E A
Quarter
Americas
Asia Pacific
E M E A
Q1 24
$754M
$232M
$446M
Q2 24
$789M
$248M
$525M
Q3 24
$802M
$237M
$567M
Q1 25
$763M
$265M
$513M
Q2 25
$862M
$253M
$543M
Q3 25
$833M
$249M
$559M
Q3 26
$882M
$246M
$585M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q4 23
$2.3B
$754M
$3.1B
Q1 24
$2.0B
$955M
$3.0B
Q2 24
$1.9B
$686M
$2.6B
Q3 24
$1.8B
$1.1B
$2.9B
Q4 24
$1.9B
$1.3B
$3.3B
Q1 25
$1.7B
$1.4B
$3.0B
Q2 25
$1.5B
$744M
$2.2B
Q3 25
$1.5B
$750M
$2.3B
Q4 25
$2.7B
$1.1B
$3.8B
Q1 26
$2.1B
$1.2B
$3.3B
Q2 26
$2.1B
$942M
$3.0B
Q3 26
$1.6B
$1.4B
$3.0B
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q4 23
217M
-0.9%
Q1 24
216M
-0.5%
Q2 24
211M
-2.3%
Q3 24
211M
+0.0%
Q4 24
212M
+0.5%
Q1 25
212M
+0.0%
Q2 25
210M
-0.9%
Q3 25
208M
-1.0%
Q4 25
206M
-1.0%
Q1 26
203M
-1.5%
Q2 26
202M
-0.5%
Q3 26
200M
-1.0%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$506K
12K
FY 15
$478K
13K
FY 16
$461K
12K
FY 17
$546K
10K
FY 18
$574K
10K
FY 19
$585K
11K
FY 20
$501K
11K
FY 21
$522K
11K
FY 22
$527K
12K
FY 23
$530K
12K
FY 24
$531K
12K
FY 25
$562K
12K
marketcaparena.com