NTAP Q2 2022 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$19B

Q2 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.6B+10.6% YoY

Gross Profit

$1.1B67.6% margin

Operating Income

$294M18.8% margin

Net Income

$224M14.3% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

$298M

Free Cash Flow

$252M

Stock-Based Comp.

$62M

Balance Sheet

Total Assets

$9.2B

Total Liabilities

$8.5B

Stockholders' Equity

$759M

Cash & Equivalents

$4.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.4B	+10.6%
Gross Profit	$1.1B	$933M	+13.5%
Operating Income	$294M	$182M	+61.5%
Net Income	$224M	$137M	+63.5%

Revenue Segments

Hybrid Cloud Segment

$1.5B94%

Public Cloud Segment

$87M6%

Geographic Segments

Americas

$868M55%

E M E A

$461M29%

Asia Pacific

$237M15%