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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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.

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Investors seeking to derisk their portfolio, yet keep a foot in a cloud-related technology stock, will find NTAP appealing: profitable, cheap, and even paying a 3% dividend. Investors bullish about NetApp's prospects will point to the excellent leadership, shareholder-friendly and value-enhancing practices.

NetApp: Value Stock Or Value Trap?

NetApp's (NTAP) fiscal second-quarter performance benefits from strong product revenue growth. The deceleration in cloud services' revenue growth acts as a dampener.

NetApp (NTAP) Q2 Earnings Top Estimates, Outlook Tweaked

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NetApp expects adjusted earnings for the fiscal year of $5.30 to $5.50 a share, below the company's prior guidance.

NetApp Stock Sinks on Guidance Cut. It's a Buying Opportunity, Says This Analyst.

NetApp (NTAP) delivered earnings and revenue surprises of 10.45% and 0.55%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NTAP) Q2 Earnings Surpass Estimates

NetApp, Inc. (NASDAQ:NTAP ) Q2 2023 Earnings Conference Call November 29, 2022 5:00 PM ET Company Participants Kris Newton - Vice President, Investor Relations George Kurian - Chief Executive Officer Mike Berry - Chief Financial Officer Conference Call Participants Mehdi Hosseini - SIG David Vogt - UBS Angela Jin - JPMorgan Krish Sankar - Cowen and Company Sidney Ho - Deutsche Bank Victor Chiu - Raymond James Meta Marshall - Morgan Stanley Ananda Baruah - Loop Capital Jim Suva - Citigroup George Wang - Barclays Nehal Chokshi - Northland Capital Markets Wamsi Mohan - Bank of America Shannon Cross - Credit Suisse Kyle McNealy - Jefferies Operator Good day, and welcome to the NetApp Second Quarter Fiscal Year 2023 Earnings Conference Call. All participants will be in a listen-only mode.

NetApp, Inc. (NTAP) Q2 2023 Earnings Call Transcript

NTAP stock dropped as the provider of enterprise storage systems issued a quarterly report with a revenue outlook that fell short. The post NetApp Beats On Earnings But Its Revenue Outlook Falls Short appeared first on Investor's Business Daily.

NetApp Beats On Earnings But Its Revenue Outlook Falls Short

Shares of NetApp Inc. NTAP, -1.07% dropped more than 10% in the extended session Tuesday after the cloud-computing company reported fiscal second-quarter earnings above expectations but guidance came lower than estimates. NetApp earned $750 million, or $3.41 a share, compared with $224 million, or 98 cents a share, in the year-ago period.

NetApp stock falls more than 10% after fiscal 2023 guidance disappoints

SAN JOSE, Calif.--( BUSINESS WIRE )--NetApp (NASDAQ: NTAP) today reported financial results for the second quarter of fiscal year 2023, which ended on October 28, 2022.

NetApp Reports Second Quarter of Fiscal Year 2023 Results

NetApp's (NTAP) fiscal second-quarter performance is likely to have been aided by strength in the Public Cloud Services and all-flash storage business.

NetApp (NTAP) to Report Q2 Earnings: Here's What to Expect

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NetApp (NTAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why NetApp (NTAP) Could Beat Earnings Estimates Again

NetApp Opens New International Headquarters in Cork, Ireland to Extend the Company's Continued Investment in Hybrid Multicloud Data Management

NetApp Hosts Second Quarter of Fiscal Year 2023 Financial Results Webcast

NetApp Inc. (NASDAQ: NTAP) stock price gained 16% from $60 in late 2018 to almost $70 currently, primarily due to a steady rise in its revenues. Additionally, over this period, the company also witnessed a strong rise in its revenue per share, driven by a drop in its outstanding share count.

Despite A Rise In Sales, Here's Why NetApp Stock Has Underperformed The S&P

Announcing NetApp BlueXP: The Unified Data Experience for the Evolved Cloud

NetApp Delivers Portfolio Innovations to Address Skyrocketing Energy Costs, Heightened Sustainability Goals for Global Organizations

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NetApp Announces New Partner Program with NetApp Partner Sphere

NetApp is a leading enterprise storage business with a strong track record and forward growth prospects. Its management is very shareholder friendly and continues to deliver strong growth.

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Earnings season will be all about guidance and how well margins hold up. While Financials grab the early spotlight, tech stocks report later this month.

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