Revenue segments as reported by the company.

Product

Services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Sales and marketing

Research and development

General and administrative

Restructuring charges

Acquisition-related expense

Gain on sale or derecognition of assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

NetApp

NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Volumes ONTAP, NetApp Cloud Sync, NetApp Cloud Secure, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Kubernetes Service, and NetApp Cloud Insights. It also provides cloud infrastructure solutions, such as FlexPod, a portfolio of pre-validated designs and integration, NetApp HCI for public cloud consumption experience, and NetApp StorageGRID, a software-defined object-based storage solution. The company also offers storage systems and software, including all-flash arrays that support data management, hybrid arrays to deploy the speed of flash storage, the NetApp ONTAP storage operating system, NetApp ONTAP Select, which offers robust enterprise storage services, NetApp MAX Data, NetApp FlexArray storage virtualization software, NetApp OnCommand API Services, NetApp Active IQ software, NetApp data availability services, NetApp SnapCenter backup management software, NetApp SnapMirror data replication software, NetApp MetroCluster business continuity software, NetApp SnapLock data compliance software, the NetApp SANtricity storage operating system, and the NetApp Element operating system. It provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. The company serves the energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and an ecosystem of partners. NetApp was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

NetApp exceeds Q4 expectations, anticipates decline in FY 2024 revenue

NetApp delivered strong Q4 results, but faces challenges with declining segment revenues and an expected decline in total revenue for fiscal year 2024. However, the company's focus on digital transformation projects, new product introductions, and returning free cash flow to shareholders highlights its strengths and opportunities for future growth. The emphasis on AI applications, cloud optimization, and product innovation positions NetApp to capitalize on evolving market trends.

NetApp reports solid start to FY '24 amidst cloud challenges

NetApp's Q1 performance reflects a mixed picture with strengths in cloud storage and consumption, but challenges in subscription and hybrid cloud revenue. The company remains confident in the growth potential of their Public Cloud business and is focused on addressing optimization trends and refining their portfolio and pricing.

NetApp exceeds Q3 expectations, focuses on cost control and growth

NetApp's Q3 performance demonstrated resilience amidst challenges, with a strategic focus on cost control and market alignment for future growth.
While facing headwinds in deal sizes and revenue, the company's strengths in CloudOps and competitive pricing position it well for opportunities ahead.
Navigating challenges in the tech sector, NetApp remains optimistic about driving growth through operational efficiency and market responsiveness.

NetApp exceeds Q4 expectations, eyes AI and cloud growth

NetApp delivered strong Q4 results, setting records for operating margin and EPS, with a focus on margin expansion and profitability.
The company is strategically positioned to leverage AI and cloud opportunities, aiming for a 55% product margin target in 2024.
Challenges include revenue decline expectations for FY 2024 and the need to improve billings, while opportunities lie in lower cost NAND technology and cloud optimization.
Overall, NetApp's performance reflects resilience in the face of challenges, with a clear strategy to drive growth and innovation in the coming year.

NetApp (NTAP) beats Q1 expectations, eyes cloud growth opportunities

NetApp (NTAP) exceeded Q1 2024 guidance, with strengths in AI storage, cloud partnerships, and go-to-market changes. Challenges include declines in Hybrid Cloud and all-flash array segments, as well as subscription business issues. Opportunities in cloud growth, product refinement, and pricing optimization.

NetApp beats Q2 expectations, eyes growth amidst cloud challenges

NetApp's Q2 performance exceeded expectations with record margins and profitability measures.
The company faces challenges from soft demand and cloud subscription headwinds.
However, strategic partnerships and product innovations present growth opportunities.
Overall, NetApp remains confident in its momentum and unified data storage solutions.

NetApp exceeds Q3 expectations, eyes growth in cloud services

NetApp's Q3 FY '24 earnings call showcased exceptional performance, strength in all-flash solutions and cloud services, challenges in U.S. public sector revenue, and opportunities for growth in fiscal year '25. The company's focus on innovation, go-to-market execution, and investment in product development positions it for continued success.

NetApp exceeds revenue guidance, focuses on cloud and storage growth

NetApp's strong financial performance in Q4 '24 and FY '24, coupled with strategic initiatives in cloud and storage offerings, position the company for continued success. While facing challenges in product margins and cash flow management, NetApp's focus on growth opportunities and customer-centric solutions presents a positive outlook for FY '25.

NetApp reports robust Q1 performance, raises outlook on key solutions

NetApp's Q1 2025 performance showcased strong revenue growth, record margins, and positive customer feedback on new offerings.
Despite challenges from subscription services, the company is well-positioned to capitalize on opportunities in cloud and AI solutions.
Raised revenue guidance and continued momentum in key segments signal a promising outlook for NetApp in FY '25.

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Cost of revenue

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Minority interest

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises. The firm also offers private and public clouds worldwide. It operates through the Hybrid Cloud and Public Cloud segments. The Hybrid Cloud segment provides a data storage portfolio for storage management and infrastructure solutions. The Public Cloud segment refers to a portfolio of products delivered primarily as-a-service. The company was founded by David Hitz, James K. Lau, and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

NetApp, Inc. NTAP reported better-than-expected second-quarter results on Thursday.

NetApp Analysts Raise Their Forecasts After Strong Earnings

Intuit

Fintech names NetApp Inc (NASDAQ:NTAP) and Intuit Inc (NASDAQ:INTU) are gapping lower after their respective quarterly earnings reports.

2 Fintech Stocks Gapping Lower After Earnings

NTAP's fiscal second-quarter performance gains from momentum in all-flash, first-party and marketplace cloud storage services. NTAP raises the revenue outlook for fiscal 2025.

NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance

The data-storage company posts a strong quarter and raises financial guidance.

NetApp Stock Jumps After Earnings. It's ‘Firing On All Cylinders.

NetApp, Inc. (NASDAQ:NTAP ) Q2 2025 Earnings Conference Call November 21, 2024 5:30 PM ET Company Participants Kris Newton - VP, IR George Kurian - CEO Mike Berry - CFO Conference Call Participants Asiya Merchant - Citigroup Amit Daryanani - Evercore Tim Long - Barclays Jason Ader - William Blair Simon Leopold - Raymond James Joe Cardoso - JPMorgan Param Singh - Oppenheimer Ruplu Bhattacharya - Bank of America Elizabeth Porter - Morgan Stanley David Vogt - UBS Steven Fox - Fox Advisors Aaron Rakers - Wells Fargo Louis Miscioscia - Diawa Ananda Baruah - Loop Capital Krish Sankar - TD Cowen Nehal Chokshi - Northland Capital Markets Ari Terjanian - Cleveland Research Company Operator Good day, and welcome to the NetApp Second Quarter of Fiscal Year 2025 Earnings Call. All participants will be in a listen-only mode.

NetApp, Inc. (NTAP) Q2 2025 Earnings Call Transcript

The headline numbers for NetApp (NTAP) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About NetApp (NTAP) Q2 Earnings

NetApp (NTAP) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.58 per share a year ago.

NetApp (NTAP) Beats Q2 Earnings and Revenue Estimates

NetApp stock gained after data storage firm's fiscal second quarter results beat estimates for earnings and sales.  The post NetApp Stock Jumps On Earnings Beat For Enterprise Data Storage Firm appeared first on Investor's Business Daily.

NetApp Stock Jumps On Earnings Beat For Enterprise Data Storage Firm

NetApp raised its profit and revenue forecast for fiscal 2025 on Thursday, banking on strong demand for data storage services as clients upgrade their cloud infrastructure, sending the company's shares up around 4% in extended trading.

NetApp raises annual profit, revenue forecast on strong data storage demand

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Vultr today announced that NetApp is the latest company to join the Vultr Cloud Alliance.

NetApp Joins the Vultr Cloud Alliance to Provide Scalable Data Management for Enterprise AI Workloads

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today reported financial results for the second quarter of fiscal year 2025, which ended on October 25, 2024. “Our strong Q2 performance was driven by another record-breaking quarter in all-flash storage and strong performance in first party and marketplace cloud storage services,” said George Kurian, chief executive officer. “Broad-based customer preference for our intelligent data infrastruc.

NetApp Reports Second Quarter of Fiscal Year 2025 Results

NetApp's Q1 2025 earnings were underwhelming, but the company is evolving from traditional storage to "intelligent data infrastructure," integrating with major cloud providers. The AFF A-series and AI investments are strengthening NetApp's market position, though full transformation will take time. Valuation shows NTAP is mildly overvalued; profitability is solid, but revenue growth lags behind sector peers, raising concerns.

NetApp's Q2 Earnings Preview: Profits, Partnerships, And The Path Forward

Besides Wall Street's top -and-bottom-line estimates for NetApp (NTAP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.

NetApp (NTAP) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Investors need to pay close attention to NetApp (NTAP) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in NetApp (NTAP) Stock?

NTAP's Q2 performance is likely to have benefited from momentum in all-flash products and hyperscaler and first-party marketplace services.

NetApp to Report Q2 Earnings: Here's What Investors Should Know

NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NetApp (NTAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NetApp (NTAP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Is Trending Stock NetApp, Inc. (NTAP) a Buy Now?

NTAP extends collaboration with Red Hat to fuel the development and management of enterprise applications in virtual environments.

Will Expanded Partnerships Boost NetApp's Top-Line Growth?

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced updates to its portfolio of enterprise storage offerings including new NetApp AFF A-Series and AFF C-Series systems with mid-range, all-flash, unified data storage at price points for businesses of any size and updates to NetApp StorageGRID, driving improved density and performance for object storage. Today's dynamic enterprises need an intelligent data strategy to address the.

New NetApp Storage Offerings Modernize Workloads for Businesses of All Sizes

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced an expanded collaboration with Red Hat, Inc., the world's leading provider of open source solutions, to offer new solutions to streamline and accelerate enterprise application development and management in virtual environments. By uniting NetApp's intelligent data infrastructure with Red Hat OpenShift, this collaboration offers customers more flexibility to manage their virtua.

NetApp Collaborates with Red Hat to Deliver Increased Flexibility for Virtualized Environments

Teradata

Investors interested in stocks from the Computer- Storage Devices sector have probably already heard of Teradata (TDC) and NetApp (NTAP). But which of these two stocks offers value investors a better bang for their buck right now?

TDC vs. NTAP: Which Stock Is the Better Value Option?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why NetApp (NTAP) is a Strong Growth Stock

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on Thursday, November 21, 2024, NetApp (NASDAQ: NTAP) will announce financial results for the second quarter of fiscal year 2025 which ended October 25, 2024. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior.

NetApp Hosts Second Quarter of Fiscal Year 2025 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the appointment of Pamela Hennard as the new Chief Diversity and Inclusion Officer. In her expanded role, Pamela will lead NetApp's efforts to foster diversity, equity, and inclusion across the organization and within the talent acquisition process and throughout the full employee journey. Pamela Hennard has been an integral part of NetApp's success, serving as the Vice Presid.

NetApp Elevates Pamela Hennard to Chief Diversity and Inclusion Officer, Accelerating its Vision for a More Inclusive Future

Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.

News for NetApp Stock (NTAP)