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NTAP Q3 2024 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena
NTAP
NetApp, Inc.
$20B
Q3 2024 Earnings
Technology
Computer Hardware
Income Statement
Revenue
$1.6B
+5.2% YoY
Gross Profit
$1.2B
71.7% margin
Operating Income
$366M
22.8% margin
Net Income
$313M
19.5% margin
EPS (Diluted)
$1.48
QoQ Revenue Growth
+2.8%
Cash Flow
Operating Cash Flow
$484M
Free Cash Flow
$448M
Stock-Based Comp.
$89M
Balance Sheet
Total Assets
$9.4B
Total Liabilities
$8.4B
Stockholders' Equity
$994M
Cash & Equivalents
$1.8B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.6B
$1.5B
+5.2%
Gross Profit
$1.2B
$1.0B
+15.0%
Operating Income
$366M
$172M
+112.8%
Net Income
$313M
$65M
+381.5%
Revenue Segments
Hybrid Cloud Segment
$1.5B
91%
Public Cloud Segment
$151M
9%
Geographic Segments
Americas
$802M
50%
E M E A
$567M
35%
Asia Pacific
$237M
15%
← FY 2024
All Quarters
Q4 2024 →