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NetApp(NASDAQ) NTAP

Current Price$169.18
Market Cap$32.92BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1995)+17,788%
5 Year+142%
1 Year+63%
1 Month+8%
NetApp last closing stock price
MetricPriceDate
Last closeUSD 167.742026-07-24
NetApp stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.36%USD 163.882026-07-17
1 month+8.16%USD 155.092026-06-24
3 month+54.77%USD 108.382026-04-24
Year to date+58.69%USD 105.712025-12-31
1 year+63.08%USD 102.862025-07-24
3 year+124.95%USD 74.572023-07-25
5 year+141.84%USD 69.362021-07-23
Since inception+17,788.21%USD 0.941995-11-21

NetApp Financials at a Glance

Market Cap

$32.92BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$6.93B

Net Income (TTM)

$1.28B

EPS (TTM)

$6.36

P/E Ratio

26.38

Dividend

$2.08

Beta (Volatility)

1.11 (Average)

Price

$169.18

Volume

660,306.738

Open

$170.22

Previous Close

$167.74

Daily Range

$165.18 - $170.99

52-Week Range

$93.69 - $192.83

Estimated Earnings Date

Aug 26, 2026

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About NetApp

NetApp helps businesses store and protect their digital information. They make it easy to move data between different computer systems. This helps companies use their data for new AI projects.

How Is Information Stored?

  • Hybrid Cloud: Hardware and software for managing data in private offices; includes storage arrays and related support services.
  • Public Cloud: Data storage services provided through major internet companies; offered as-a-service on a subscription basis.
  • ONTAP Software: Core data management program; lets users replicate, backup, and protect information from cyberattacks.
  • Flash Storage: High-speed physical storage devices; includes the AFF series for fast database applications and artificial intelligence workloads.

Recent Growth and New Partners

  • Sold the Spot by NetApp cloud software business to Flexera Software LLC in fiscal 2025.
  • Launched the NetApp AI Data Engine to simplify data pipelines for NVIDIA artificial intelligence systems.
  • Expanded cloud storage services through agreements with Microsoft, Amazon Web Services, and Google Cloud.
  • Acquired Instaclustr to provide fully managed open-source database and workflow applications.

Why It Stands Out

NetApp is the only storage provider with native integration inside the three largest public cloud platforms, allowing customers to use consistent tools everywhere. Sales to two major customers accounted for 43% of net revenues in fiscal 2026.

Results by the Numbers

  • Revenue reached $1.9 billion in Q4 2026, up 12.5% from the previous year.
  • Operating income grew to $531 million in Q4 2026, a 52.6% increase year-over-year.
  • Net income hit $404 million in Q4 2026, up 18.8% from $340 million in Q4 2025.
  • Free cash flow rose to $900 million in Q4 2026, up 40.6% from $640 million a year earlier.

Bottom Line

NetApp has transitioned from a hardware manufacturer into a software-centric data management company. Its ability to connect private data centers with public clouds supports ongoing enterprise digital transformation.

AI Generated • Jun 6, 2026

Industry

Technology Hardware, Storage and Peripherals

Employees

11,700

CEO

George Kurian, MBA

Headquarters

San Jose, CA 95128, US

NTAP Financials

Key Financial Metrics (TTM)

Gross Margin

70.74%

Operating Margin

24.12%

Net Income Margin

18.43%

Return on Equity

114.18%

Return on Capital

41.50%

Return on Assets

11.88%

Earnings Yield

3.79%

Dividend Yield

1.24%

Payout Ratio

32.37%

Stock Overview

Market Cap

$32.92BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

196.23M

Volume

660.31K

Avg. Volume

3.19M

Financials (TTM)

Gross Profit

$4.90B

Operating Income

$1.67B

EBITDA

$1.96B

Operating Cash Flow

$2.07B

Capital Expenditure

-$198.00M

Free Cash Flow

$1.87B

Cash & ST Invst.

$3.58B

Total Debt

$2.73B

NetApp Performance Analysis

NetApp annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-04-30USD 6,357,000,0000.5%
20242024-04-30USD 6,269,000,000-1.4%
20252025-04-30USD 6,571,000,0004.8%
20262026-04-30USD 6,923,000,0005.4%
NetApp sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-07-25-10.0%
Q22025-10-249.4%
Q32026-01-230.5%
Q42026-04-2413.7%
NetApp annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-04-30USD 5.7941.5%
20242024-04-30USD 4.63-20.1%
20252025-04-30USD 5.6722.6%
20262026-04-30USD 6.3511.9%
NetApp sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-07-25-30.3%
Q22025-10-2431.3%
Q32026-01-2310.6%
Q42026-04-2421.6%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

$1.95B

+12.5%

Gross Profit

$1.37B

+14.4%

Gross Margin

70.07%

N/A

Market Cap

$32.92BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.81M

N/A

Employees

11,700

N/A

Net Income

$404.00M

+18.8%

EBITDA

$595.00M

+39.0%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

$3.58B

-6.8%

Total Debt

$2.73B

-21.7%

Accounts Receivable

$1.29B

+3.2%

Inventory

$198.00M

+6.5%

Long Term Debt

$2.69B

-0.4%

Short Term Debt

$42.00M

-94.7%

Return on Assets

11.88%

N/A

Return on Invested Capital

24.84%

N/A

Free Cash Flow

$900.00M

+40.6%

Operating Cash Flow

$950.00M

+40.7%

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Questions About NTAP

What is the current price of NetApp?

NetApp is trading at $169.10 per share.

What is the 52-week range for NetApp?

Over the past 52 weeks, NetApp has traded between $93.69 and $192.83.

How much debt does NetApp have?

As of the most recent reporting period, NetApp reported total debt of $2.73B.

How much cash does NetApp have on hand?

NetApp reported $2.07B in cash and cash equivalents in its most recent financial results.

What is NetApp’s dividend yield?

NetApp currently has a dividend yield of 1.24%.

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