NTAP Q3 2022 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$19B

Q3 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.6B+9.8% YoY

Gross Profit

$1.1B66.5% margin

Operating Income

$321M19.9% margin

Net Income

$252M15.6% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$260M

Free Cash Flow

$199M

Stock-Based Comp.

$64M

Balance Sheet

Total Assets

$9.5B

Total Liabilities

$8.6B

Stockholders' Equity

$882M

Cash & Equivalents

$4.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+9.8%
Gross Profit	$1.1B	$975M	+10.1%
Operating Income	$321M	$258M	+24.4%
Net Income	$252M	$182M	+38.5%

Revenue Segments

Hybrid Cloud Segment

$1.5B93%

Public Cloud Segment

$110M7%

Geographic Segments

Americas

$902M56%

E M E A

$516M32%

Asia Pacific

$196M12%