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

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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

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Earnings data Q1 2025

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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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Book value per share

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Cash from investing

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Purchase/sale of investments

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Change in stock

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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's (NTAP) fiscal third-quarter performance benefits from solid demand across the latest all-flash products.

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

NTAP stock poised for breakout, analysts raise price targets on shares after data storage company NetApp clears Q3 forecasts, lifts guidance.

NetApp Rockets To Break Out On Earnings Beat, Hiked Guidance

NetApp (NTAP) shares gained more than 17% in premarket trading Friday after the cloud storage provider breezed past Wall Street's quarterly expectations and raised its full-year outlook amid growing demand for its cloud-based data management solutions as customers streamline their IT operations.

NetApp Stock Jumps After Solid Quarterly Earnings and Raised FY Outlook—Key Level to Watch

While the top- and bottom-line numbers for NetApp (NTAP) give a sense of how the business performed in the quarter ended January 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

NetApp (NTAP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

NetApp, Inc. (NASDAQ:NTAP) Q3 2024 Earnings Conference Call February 29, 2024 5:00 PM ET

NetApp, Inc. (NTAP) Q3 2024 Earnings Call Transcript

NetApp (NTAP) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.37 per share a year ago.

NetApp (NTAP) Q3 Earnings and Revenues Surpass Estimates

NetApp raised its annual profit forecast on Thursday, as businesses spend more on cloud-based data management services for digital transformation, sending its shares up 13.6% in extended trading.

NetApp lifts annual profit forecast on resilient demand for cloud services

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today reported financial results for the third quarter of fiscal year 2024, which ended on January 26, 2024. “In Q3, our focused execution and continued operational discipline delivered solid revenue growth and again yielded company all-time highs across key profitability metrics,” said George Kurian, chief executive officer. “Our modern approach to unified data storage, spanning all-flash and.

NetApp Reports Third Quarter of Fiscal Year 2024 Results

NetApp's (NTAP) fiscal third-quarter performance is likely to have gained from momentum in product, and hyperscaler first-party and marketplace services amid soft macroeconomic conditions.

Factors to Note Ahead of NetApp's (NTAP) Q3 Earnings Release

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 January 2024.

NetApp (NTAP) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

NetApp NTAP a company that provides on-premises data storage systems and public cloud services, is poised to report its Q3 FY'24 results toward the end of February. We expect the company's revenues for the quarter to come in at about $1.6 billion, slightly ahead of estimates, and about 4% ahead of the last year.

Up 27% Over The Past Year, Will Higher Margins And Cloud Sales Drive NetApp Stock Higher Post Q3 Earnings?

Pure Storage

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Western Digital

Momentum in cloud computing, IoT, auto, connected devices and AI is likely to favor the prospects of the Zacks Computer - Storage Devices industry players like SMCI, NTAP, WDC and PSTG amid macroeconomic headwinds.

4 Storage Devices Stocks to Watch in a Flourishing Industry

SAN JOSE, Calif.--(BUSINESS WIRE)--The Aston Martin Aramco Formula One® Team and NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the renewal of their partnership, designating NetApp as the team's Global Data Infrastructure Partner. NetApp has been a key partner to the team since it returned to Formula One® racing in 2021 after more than 60 years away from the track. This partnership renewal builds on the previous three years of successful collaboration, empo.

Aston Martin Aramco Formula One® Team and NetApp Renew Partnership

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on Thursday, February 29, 2024, NetApp (NASDAQ: NTAP) will announce financial results for the third quarter of fiscal year 2024 which ended January 26, 2024. NetApp executive management will host a conference call at 2:00 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 st.

NetApp Hosts Third Quarter of Fiscal Year 2024 Financial Results Webcast

ASML Hld

Microsoft

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3 Buy-Rated Tech Stocks with Increasing Dividend Payouts

NetApp (NTAP) expects strength in product and hyper-scaler first-party and marketplace services to cushion revenue performance amid soft macroeconomic conditions.

NetApp (NTAP) Up 35% in the Past Year: Will the Rally Last?

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today announced Riccardo Di Blasio as the company's new Senior Vice President of North America Sales. Di Blasio brings over 25 years of experience building high-performance sales teams and leading business transformation for companies in the software, data protection and security industries. He most recently served as the Chief Revenue Officer at Commvault, a leading provider of cyber resilien.

NetApp Appoints Riccardo Di Blasio As Senior Vice President of North America Sales

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

Why Is NetApp (NTAP) Down 1.1% Since Last Earnings Report?

Despite soft macroeconomic conditions, NetApp (NTAP) expects strength in product, and hyper-scaler first-party and marketplace services to cushion revenue performance.

NetApp (NTAP) Appears Primed for Uptrend With 49% YTD Growth

We're upgrading NetApp stock back to a buy. We think the current consensus expectation of a 4% YoY annual growth is fairly conservative. We believe NAND Flash's strength and higher gross margins could support more upside surprises in 1H24.

NetApp: Conservative Consensus Expectation Makes Stock A Buy

NetApp, Inc. NASDAQ: NTAP has to be one of the few remaining tech stocks out there that hasn't yet reclaimed its highs from the Dot Com bubble. Bill Clinton was still in the White House when NetApp shares last set a record, and while it may be some time before that's topped, there's a ton of opportunity opening up.

NetApp stock is about to hit 20-year highs

General Motors

Hormel Foods

Las Vegas Sands

U.S. equities gave up early gains in the last hour and ended mixed and little changed, with the S&P 500 falling 0.1%,

S&P 500 Gains and Losses Today: NetApp and GM Rise; Hormel and Las Vegas Sands Fall

NetApp (NTAP) collaborates with AWS to help customers run high-performance applications on AWS.

NetApp (NTAP) & AWS Partner to Launch Enhanced FSx for ONTAP

NetApp Inc (NYSE:NTAP) stock is soaring to 52-week highs today, after the cloud company posted strong fiscal second-quarter results and lifted its annual profit forecast.

NetApp Stock Soars to 2023 Highs After Earnings

NetApp's (NTAP) Q2 performance is hurt by weak IT spending environment. However, management raises full-year outlook due to strength in product, and hyper-scaler first-party and marketplace services.

News for NetApp Stock (NTAP)