NTAP Q1 2022 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$20B

Q1 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.5B+11.9% YoY

Gross Profit

$999M68.5% margin

Operating Income

$249M17.1% margin

Net Income

$202M13.9% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

-6.2%

Cash Flow

Operating Cash Flow

$242M

Free Cash Flow

$191M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$9.2B

Total Liabilities

$8.4B

Stockholders' Equity

$720M

Cash & Equivalents

$4.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.3B	+11.9%
Gross Profit	$999M	$872M	+14.6%
Operating Income	$249M	$136M	+83.1%
Net Income	$202M	$77M	+162.3%

Revenue Segments

Hybrid Cloud Segment

$1.4B95%

Public Cloud Segment

$79M5%

Geographic Segments

Americas

$786M54%

E M E A

$454M31%

Asia Pacific

$218M15%