Financial Statements · From SEC 10-K & 10-Q XBRL Filings
NetApp Inc. Revenue & Financial Statements
NetApp Inc. reported revenue of $6.6B for the fiscal year ended April 25, 2025, up 4.9% year over year, with net income of $1.2B and diluted EPS of $5.67.
- Company
- NetApp Inc. NTAP · NASDAQ
- Latest fiscal year
- FY ended Apr 25, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 5.7B | 6.3B | 6.4B | 6.3B | 6.6B |
| Cost of revenue | 1.9B | 2.1B | 2.2B | 1.8B | 2.0B |
| Gross profit | 3.8B | 4.2B | 4.2B | 4.4B | 4.6B |
| Operating income | 1.0B | 1.2B | 1.0B | 1.2B | 1.3B |
| Pretax income | 433.0M | 546.0M | 420.0M | 472.0M | 606.0M |
| Net income | 730.0M | 937.0M | 1.3B | 986.0M | 1.2B |
| Diluted EPS | 3.23 | 4.09 | 5.79 | 4.63 | 5.67 |
| EBITDA | 1.2B | 1.3B | 1.2B | 1.4B | 1.5B |
Quarterly
| USD | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7B | 1.5B | 1.7B | 1.6B | 1.7B | 1.6B | 1.7B | 1.7B |
| Cost of revenue | 492.0M | 443.0M | 481.0M | 496.0M | 539.0M | 461.0M | 478.0M | 504.0M |
| Gross profit | 1.2B | 1.1B | 1.2B | 1.1B | 1.2B | 1.1B | 1.2B | 1.2B |
| Operating income | 366.0M | 282.0M | 345.0M | 362.0M | 348.0M | 309.0M | 399.0M | 434.0M |
| Pretax income | 380.0M | 299.0M | 360.0M | 370.0M | 354.0M | 304.0M | 393.0M | 433.0M |
| Net income | 291.0M | 248.0M | 299.0M | 299.0M | 340.0M | 233.0M | 305.0M | 334.0M |
| Diluted EPS | 1.37 | 1.17 | 1.42 | 1.44 | 1.64 | 1.15 | 1.51 | 1.67 |
| EBITDA | 430.0M | 345.0M | — | 426.0M | 401.0M | 360.0M | — | 482.0M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 9.4B | 10.0B | 9.8B | 9.9B | 10.8B |
| Current assets | 6.0B | 5.9B | 4.7B | 4.9B | 5.9B |
| Cash & equivalents | 4.5B | 4.1B | 2.3B | 1.9B | 2.7B |
| Total liabilities | 8.7B | 9.2B | 8.7B | 8.7B | 9.8B |
| Current liabilities | 3.5B | 4.0B | 3.5B | 4.1B | 4.7B |
| Long-term debt | 2.6B | 2.4B | 2.4B | 2.0B | 2.5B |
| Total debt | 2.6B | 2.4B | 2.4B | 2.0B | 2.5B |
| Stockholders’ equity | 685.0M | 838.0M | 1.2B | 1.1B | 1.0B |
| Net debt | (1.9B) | (1.7B) | 73.0M | 89.0M | (257.0M) |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2022 | FY2023 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 1.2B | — | 1.1B | 1.7B | 1.5B |
| Investing cash flow | (561.0M) | — | (1.4B) | (735.0M) | 147.0M |
| Financing cash flow | (1.0B) | — | (1.5B) | (1.3B) | (828.0M) |
| Capital expenditure | 226.0M | — | 239.0M | 155.0M | 168.0M |
| Free cash flow | 985.0M | — | 868.0M | 1.5B | 1.3B |
| Dividends paid | 446.0M | — | 432.0M | 416.0M | 424.0M |
| Stock-based compensation | 245.0M | — | 312.0M | 357.0M | 386.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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