NetApp, Inc. (NTAP) FY2026 Q1 P&L / Income Statement

NetApp, Inc. (NTAP) FY2026 Q1 P&L / Income Statement

Income statement for 2026-04-25 through 2026-07-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

Net revenues

2,025,000,000 US dollars

Total cost of revenues

606,000,000 US dollars

Gross profit

1,419,000,000 US dollars

Total operating expenses

935,000,000 US dollars

Income from operations

484,000,000 US dollars

Other expense, net

0 US dollars

Income before income taxes

484,000,000 US dollars

Provision for income taxes

109,000,000 US dollars

Net income

375,000,000 US dollars

Product revenue

987,000,000 US dollars

Service revenue

1,038,000,000 US dollars

Product cost of revenue

450,000,000 US dollars

Service cost of revenue

156,000,000 US dollars

Sales and marketing

507,000,000 US dollars

Research and development

274,000,000 US dollars

General and administrative

98,000,000 US dollars

Restructuring charges

56,000,000 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.