NetApp, Inc. (NTAP) FY2026 Annual P&L / Income Statement

2025-04-26 to 2026-04-24

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NetApp, Inc. (NTAP) FY2026 Annual P&L / Income StatementIncome statement for 2025-04-26 through 2026-04-24. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETHybrid Cloud SegmentPublic Cloud SegmentNet revenuesGross profitTotal cost of revenuesIncome from operationsTotal operating expensesSales and marketingResearch and developmentGeneral and administrativeRestructuring chargesIncome before income taxesOther (expense) income, netNet incomeProvision for income taxesNet revenuesNet revenues$6.93 BGross profitGross profit$4.90 BIncome from operationsIncome from operations$1.67 BIncome before income taxesPretax income$1.65 BNet incomeNet income$1.28 BTotal operating expensesTotal operatingexpenses$3.23 BHybrid Cloud SegmentHybrid Cloud Segment$6.24 BProvision for income taxesProvision forincome taxes$372.00 MOther (expense) income, netOther (expense)income, net−$26.00 MSales and marketingSales and marketing$1.87 BTotal cost of revenuesTotal cost of revenues$2.03 BResearch and developmentResearch and development$991.00 MPublic Cloud SegmentPublic Cloud Segment$688.00 MGeneral and administrativeGeneral and administrative$344.00 MRestructuring chargesRestructuring charges$21.00 M
Chart details

NetApp, Inc. (NTAP) FY2026 Annual P&L / Income Statement

Income statement for 2025-04-26 through 2026-04-24. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenues
6,925,000,000 US dollars
Total cost of revenues
2,026,000,000 US dollars
Gross profit
4,899,000,000 US dollars
Total operating expenses
3,225,000,000 US dollars
Income from operations
1,674,000,000 US dollars
Other (expense) income, net
negative 26,000,000 US dollars
Income before income taxes
1,648,000,000 US dollars
Provision for income taxes
372,000,000 US dollars
Net income
1,276,000,000 US dollars
Hybrid Cloud Segment
6,237,000,000 US dollars
Public Cloud Segment
688,000,000 US dollars
Sales and marketing
1,869,000,000 US dollars
Research and development
991,000,000 US dollars
General and administrative
344,000,000 US dollars
Restructuring charges
21,000,000 US dollars
Acquisition-related expense
0 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
NetApp, Inc. (NTAP) FY2026 Annual Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

70.7%

Gross profit / revenue

Operating margin

24.2%

Operating profit / revenue

Cash conversion

162.0%

Operating cash / net income, same period

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