NTAP Q1 2021 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$19B

Q1 2021 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.3B+5.4% YoY

Gross Profit

$872M66.9% margin

Operating Income

$136M10.4% margin

Net Income

$77M5.9% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-7.0%

Cash Flow

Operating Cash Flow

$240M

Free Cash Flow

$188M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$8.1B

Stockholders' Equity

$284M

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+5.4%
Gross Profit	$872M	$816M	+6.9%
Operating Income	$136M	$104M	+30.8%
Net Income	$77M	$103M	-25.2%

Revenue Segments

Product

$627M48%

Hardware Maintenance Support Contracts

$375M29%

Software Maintenance

$301M23%

Geographic Segments

Americas

$709M54%

E M E A

$383M29%

Asia Pacific

$211M16%