NTAP Q4 2023 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$20B

Q4 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.6B-5.9% YoY

Gross Profit

$1.1B68.0% margin

Operating Income

$309M19.5% margin

Net Income

$245M15.5% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$235M

Free Cash Flow

$196M

Stock-Based Comp.

$74M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$8.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.7B	-5.9%
Gross Profit	$1.1B	$1.1B	-1.1%
Operating Income	$309M	$293M	+5.5%
Net Income	$245M	$259M	-5.4%

Revenue Segments

Hybrid Cloud Segment

$1.4B90%

Public Cloud Segment

$151M10%

Geographic Segments

Americas

$824M52%

E M E A

$537M34%

Asia Pacific

$220M14%