NTAP Q4 2024 Earnings — NetApp, Inc. Revenue & Financial Results | Market Cap Arena

NTAPNetApp, Inc.

$20B

Q4 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$1.7B+5.4% YoY

Gross Profit

$1.2B70.5% margin

Operating Income

$366M22.0% margin

Net Income

$291M17.5% margin

EPS (Diluted)

$1.37

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$613M

Free Cash Flow

$567M

Stock-Based Comp.

$88M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$8.7B

Stockholders' Equity

$1.1B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.6B	+5.4%
Gross Profit	$1.2B	$1.1B	+9.4%
Operating Income	$366M	$309M	+18.4%
Net Income	$291M	$245M	+18.8%

Revenue Segments

Hybrid Cloud Segment

$1.5B91%

Public Cloud Segment

$152M9%

Geographic Segments

Americas

$848M51%

E M E A

$566M34%

Asia Pacific

$254M15%