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.

NetApp (NTAP) announces the availability of Spot PC to help businesses adopt remote and hybrid work environments.

NetApp (NTAP) Launches Cloud-Run Desktop-as-a-Service Solution

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp announced the general availability of Spot PC, the managed cloud Desktop-as-a-Service (DaaS) solution for the public cloud.

Spot by NetApp Delivers Cloud Desktop-as-a-Service Solution for Service Providers, Enterprises and Today's Distributed Workforce

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp announced the results of the annual Cloud Infrastructure Report based on a survey of public cloud business and IT decision makers.

Spot by NetApp Survey Shows Organizations Continue to Prioritize Cloud Optimization, but are Still Experiencing Challenges

NVIDIA

NetApp (NASDAQ: NTAP) announced it is partnering with NVIDIA Corporation (NASDAQ: NVDA). These are the details.

NetApp (NTAP) And NVIDIA (NVDA) Partnering On Turnkey Supercomputing Infrastructure Initiatives

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp EF600 all-flash NVMe storage combined with the BeeGFS parallel file system is now certified for NVIDIA DGX SuperPOD™.

NetApp Teams with NVIDIA to Accelerate HPC and AI with Turnkey Supercomputing Infrastructure

NetApp's public cloud transition is gaining momentum.

NetApp: Unlocking $7/Share Of Earnings Power By 2025

NetApp (NTAP) states that Instaclustr will be a part of the Spot by NetApp portfolio of solutions, post the acquisition

NetApp (NTAP) Set to Acquire Instaclustr, Terms Undisclosed

Companies producing software are becoming ever more reliant on open source databases to build their programs, but it's complex working with all these different products. Instaclustr, a California startup, wanted to change that by offering popular open source databases delivered as a service.

NetApp acquires Instaclustr to deliver open source databases as a service

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp announces intent to acquire Instaclustr, a leading platform provider of fully managed open-source database, pipeline & workflow applications.

NetApp Announces Intent to Acquire Instaclustr, the Industry Leading Platform for Deploying and Managing Open-Source Data and Workflow Applications as a Service

Oracle

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

On 4/7/22, Oracle, Verizon Communications, and NetApp, will all trade ex-dividend for their respective upcoming dividends.

Ex-Dividend Reminder: Oracle, Verizon Communications And NetApp

NetApp stock price rose 39% from around $60 at 2018 end, to $83 currently, due to favorable changes in its P/S multiple. This comes as a surprise, since the company has witnessed a drop in revenue over this period.

Here's Why NetApp Stock Has Underperformed The Market Since 2018

Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?

NetApp (NTAP) Recently Broke Out Above the 50-Day Moving Average

NetApp (NTAP) reported earnings 30 days ago. What's next for the stock?

NetApp (NTAP) Up 8.8% Since Last Earnings Report: Can It Continue?

NetApp (NTAP) and Cisco roll out FlexPod XCS platform to augment flexibility, accessibility and scalability and reduce costs for their customers.

NetApp's (NTAP) FlexPod XCS to Augment Hybrid Cloud Experience

Cisco Systems

SUNNYVALE, Calif.--(BUSINESS WIRE)--NetApp announced FlexPod® XCS, providing one automated platform for modern applications, data and hybrid cloud services.

NetApp and Cisco Strengthen Partnership Announcing New FlexPod XCS to Extend Converged Infrastructure into the Hybrid Cloud

NetApp Inc. stock (NASDAQ: NTAP) is down 10% in the past month (21 trading days), underperforming the S&P 500 which was down almost 3% over this period.

What's Next For NetApp Stock After Shedding 12% In The Past Month?

The latest acquisition of Fylamynt revs up NetApp's (NTAP) overall CloudOps leadership and empowers customers to continue to take benefit of more cloud at a reduced cost.

NetApp (NTAP) to Strengthen Spot Portfolio on Fylamynt Buyout

The heavy selling pressure might have exhausted for NetApp (NTAP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down 5.4% in 4 Weeks, Here's Why You Should You Buy the Dip in NetApp (NTAP)

NetApp's (NTAP) fiscal third-quarter results reflect continued strength in the Hybrid Cloud and Public Cloud segments.

NetApp (NTAP) Q3 Earnings & Revenues Top Estimates, Up Y/Y

NetApp Inc's (NTAP) CEO George Kurian on Q3 2022 Results - Earnings Call Transcript

NetApp (NTAP) delivered earnings and revenue surprises of 12.50% and 0.08%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NTAP) Q3 Earnings and Revenues Top Estimates

NetApp Inc. shares dropped in the extended session Wednesday after the cloud-based data-services company's fourth-quarter earnings forecast fell short of Wall Street expectations.

Earnings Results: NetApp stock falls as earnings forecast comes in under Street view

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp has acquired Fylamynt, a CloudOps automation technology company that enables customers to build, run, manage and analyze workflows securely.

NetApp Acquires Fylamynt to Bring Automation Capabilities to Spot by NetApp's Leading CloudOps Portfolio

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP) today reported financial results for the third quarter of fiscal year 2022, which ended on January 28, 2022. “Q3 results and positive growth outlook are powered by the alignment of our differentiated technology portfolio with customer priorities for cloud and digital transformation. We have a unique position in solving organizations' most significant challenges in hybrid, multi-cloud IT,” said George Kurian, chief executive officer. “Our

NetApp Reports Third Quarter of Fiscal Year 2022 Results

NetApp (NTAP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

News for NetApp Stock (NTAP)