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 Q3 2021

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

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.

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

NetApp (NTAP) Just Overtook the 20-Day Moving Average

Pure Storage

Teradata

Western Digital

Momentum in cloud computing, IoT, auto, connected devices, VR and AI is expected to favor the prospects of the Zacks Computer - Storage Devices industry players like NetApp (NTAP), Western Digital (WDC) and Teradata (TDC), despite coronavirus-led disruptions.

3 Storage Devices Stocks to Watch Amid a Challenging Industry

NetApp has outperformed the market over the past 90 days by 9.19%, generating a 14.8% return for its investors over the time period. Now, given this information, it may seem like price appreciation alone is the best way to have made money on this stock, that's not actually the case.

Here's How Much $100 Invested In NetApp 10 Years Ago Would Be Worth Today

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), a global cloud-led, data centric software company, today announced the Company will participate virtually in the following events: Public Cloud Strategy Discussion Anthony Lye, EVP & GM public cloud services September 8, 2021 11:00 – 11:45 a.m. Pacific time Deutsche Bank 2021 Technology Conference Mike Berry, EVP Finance & CFO September 9, 2021 6:50 – 7:25 a.m. Pacific Time Citi's 2021 Global Technology Conference Mike Berry, EVP

NetApp to Participate in Upcoming Public Speaking Events

NetApp Inc. stock (NASDAQ: NTAP) has seen an impressive rise of 10% over the past week and currently trades at around $88 per share. The stock rally was driven by the announcement of Q1 2022 earnings last week (NTAP's fiscal year ends in April), while also being aided by the rise in the S&P 500.

Despite 10% Rise In The Past Week, NetApp Stock Still Looks Like A Buy

Etsy

U.S. indices were trading lower Thursday as traders await signs of Fed tapering policy. Explosions outside of Kabul airport in Afghanistan has also caused macro uncertainty and pressured sentiment.

Etsy And NetApp Lead The S&P 500

The company crushed analyst profitability estimates for its Q1, and its guidance wasn't bad, either.

Why NetApp Stock Was Trouncing the Market on Thursday

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

NetApp's (NTAP) Q1 Earnings & Revenues Beat Estimates, Up Y/Y

NetApp: Holding With Caution

NetApp, Inc. (NTAP) CEO George Kurian on Q1 2022 Results - Earnings Call Transcript

Shares of NetApp (NASDAQ:NTAP) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 57.53% over the past year to $1.15, which beat the estimate of $0.95.

Recap: NetApp Q1 Earnings

SAN JOSE, Calif.--(BUSINESS WIRE)--Q1FY2022 Earnings Release

NetApp Reports First Quarter of Fiscal Year 2022 Results

Check Point Software Technologies

Cinemark Holdings

Hasbro

Lumentum Holdings

Richard Snow (Trades, Portfolio), founder of Snow Capital, disclosed this week that his firm's top five trades during the second quarter included new buys in Lumentum Holdings Inc. ( LITE , Financial) and Check Point Software Technologies Ltd. ( CHKP , Financial), position boosts in Cinemark Holdings Inc. ( CNK , Financial) and Hasbro Inc. ( HAS , Financial) and a reduction in NetApp Inc. ( NTAP , Financial).

Richard Snow's Top 5 Trades of the 2nd Quarter

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: Should You Buy?

SUNNYVALE, Calif.--(BUSINESS WIRE)--After market close on Wednesday, August 25, 2021, NetApp will announce financial results for the first quarter of fiscal year 2022, which ended July 30, 2021. NetApp executive management will host a conference call 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 to the start of the Webcas

NetApp Hosts First Quarter of Fiscal Year 2022 Financial Results Webcast

BlackBerry

Roku

Analog Devices

Continental Resources

Comcast

Duke Energy

FedEx

FormFactor

NIKE

Stocks are higher again on Friday as we hit the halfway point in the trading day. Investors cheered the announcement yesterday from President Biden that he has come to an agreement with a group of Republican Senators on an infrastructure package of about $1 trillion.

Analog Device, Blackberry, Roku and More Friday Afternoon Analyst Research Calls

NetApp stock is up around 25% so far this year, but at the current price near $81 per share, we believe that NetApp stock has around 15% potential downside. Why is that?

Product Demand Slump To Take NetApp Stock Below $70?

NetApp's (NTAP) purchase of Data Mechanics enhances its Spot by NetApp portfolio of solutions.

NetApp (NTAP) Takes Over Data Mechanics: Major Takeaways

Cisco Systems

Intel

Oracle

Our theme of Value Tech Stocks is up by about 13% year-to-date, compared to the Nasdaq-100 which is up by just about 11%. Although this doesn't really count as meaningful outperformance, we see multiple catalysts for the theme in the medium to long term.

These Tech Stocks Will Benefit As The Fed's Advances Rate Hike Timeline

Cloud-led, data-centric software company NetApp Inc (NASDAQ: NTAP) has acquired Data Mechanics, a managed platform provider for big data processing and cloud analytics. The financial terms of the transaction remain undisclosed.

NetApp Acquires Cloud Analytics Provider Data Mechanics For Undisclosed Sum

SUNNYVALE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced that it has acquired Data Mechanics, a managed platform provider for big data processing and cloud analytics with offices in Paris, France, that helps businesses capitalize on Apache Spark, an open-source unified analytics engine for large-scale data processing and machine learning, in Kubernetes. Financial details of the transaction were not disclosed. At a time when

NetApp Acquires Data Mechanics to Accelerate Spot Roadmap and Optimize Data Analytics and Machine Learning Workloads in the Cloud

American Airlines

Biogen

Agios Pharmaceuticals

Dow Inc

Medtronic

Nielsen Hlds

Zoom Video

With the trading day about halfway over, the markets were moving higher, after being stuck in the doldrums for the first half of the week.

American Airlines, Biogen, Dow and More Thursday Afternoon Analyst Calls

SUNNYVALE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP) a global, cloud-led, data-centric software company, today unveiled a new release of its ONTAP software that powers data services on premises and in the cloud, as well as an array of portfolio updates that leverage ONTAP to provide a flexible foundation for hybrid cloud, unify data management across on-premises and cloud environments, and simplify consumption and operation of hybrid cloud services. As the only provider of hybrid cloud so

NetApp Delivers an Innovative, No-Compromise, Unified Hybrid Cloud Experience

Analysts have provided the following ratings for NetApp (NASDAQ:NTAP) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 0 0 0 Somewhat Bullish 2 0 1 0 Indifferent 2 0 0 0 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 In the last 3 months, 8 analysts have offered 12-month price targets for NetApp. The company has an average price target of $85.62 with a high of $94.00 and a low of $74.00.

What 8 Analyst Ratings Have To Say About NetApp

NetApp's (NTAP) fiscal fourth-quarter results reflect continued strength in all-flash storage business and Public Cloud Services.

News for NetApp Stock (NTAP)