netapp inc. - NTAP

NTAP

Close Chg Chg %
154.59 -2.14 -1.38%

Closed Market

152.45

-2.14 (1.38%)

Volume: 3.32M

Last Updated:

Jun 26, 2026, 4:00 PM EDT

Company Overview: netapp inc. - NTAP

NTAP Key Data

Open

$154.25

Day Range

149.27 - 154.71

52 Week Range

93.69 - 192.83

Market Cap

$30.29B

Shares Outstanding

195.92M

Public Float

194.81M

Beta

1.44

Rev. Per Employee

N/A

P/E Ratio

24.35

EPS

$6.43

Yield

134.55%

Dividend

$0.52

EX-DIVIDEND DATE

Jul 10, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

4.19M

 

NTAP Performance

1 Week
 
-4.55%
 
1 Month
 
-12.53%
 
3 Months
 
48.96%
 
1 Year
 
44.20%
 
5 Years
 
83.70%
 

NTAP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About netapp inc. - NTAP

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.

NTAP At a Glance

NetApp, Inc.
3060 Olsen Drive
San Jose, California 95128
Phone 1-408-822-6000 Revenue 6.92B
Industry Computer Peripherals Net Income 1.28B
Sector Electronic Technology 2026 Sales Growth 5.357%
Fiscal Year-end 04 / 2027 Employees 11,700
View SEC Filings

NTAP Valuation

P/E Current 24.351
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.124
Price to Sales Ratio 3.156
Price to Book Ratio 15.771
Price to Cash Flow Ratio 10.57
Enterprise Value to EBITDA 11.093
Enterprise Value to Sales 3.033
Total Debt to Enterprise Value 0.13

NTAP Efficiency

Revenue/Employee 591,709.402
Income Per Employee 109,059.829
Receivables Turnover 5.383
Total Asset Turnover 0.642

NTAP Liquidity

Current Ratio 1.407
Quick Ratio 1.358
Cash Ratio 0.891

NTAP Profitability

Gross Margin 70.591
Operating Margin 24.455
Pretax Margin 23.805
Net Margin 18.431
Return on Assets 11.833
Return on Equity 106.734
Return on Total Capital 31.244
Return on Invested Capital 32.789

NTAP Capital Structure

Total Debt to Total Equity 202.295
Total Debt to Total Capital 66.92
Total Debt to Total Assets 25.437
Long-Term Debt to Equity 199.186
Long-Term Debt to Total Capital 65.891
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netapp Inc. - NTAP

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
6.36B 6.27B 6.57B 6.92B
Sales Growth
+0.51% -1.38% +4.82% +5.36%
Cost of Goods Sold (COGS) incl D&A
2.18B 1.86B 1.98B 2.04B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
301.00M 255.00M 243.00M 200.00M
Depreciation
233.00M 198.00M 196.00M 179.00M
Amortization of Intangibles
68.00M 57.00M 47.00M 21.00M
COGS Growth
+3.22% -14.73% +6.46% +2.93%
Gross Income
4.18B 4.41B 4.59B 4.89B
Gross Income Growth
-0.85% +5.58% +4.13% +6.40%
Gross Profit Margin
+65.72% +70.36% +69.90% +70.59%
2023 2024 2025 2026 5-year trend
SG&A Expense
3.02B 3.14B 3.17B 3.19B
Research & Development
956.00M 1.03B 1.01B 991.00M
Other SG&A
2.07B 2.11B 2.16B 2.20B
SGA Growth
+0.67% +3.90% +0.86% +0.79%
Other Operating Expense
- - - -
-
Unusual Expense
145.00M 113.00M 50.00M 36.00M
EBIT after Unusual Expense
1.01B 1.16B 1.37B 1.66B
Non Operating Income/Expense
124.00M 171.00M 73.00M 100.00M
Non-Operating Interest Income
69.00M 112.00M 112.00M 113.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
67.00M 64.00M 64.00M 109.00M
Interest Expense Growth
- -8.22% -4.48% +70.31%
Gross Interest Expense
67.00M 64.00M 64.00M 109.00M
Interest Capitalized
- - - -
-
Pretax Income
1.07B 1.26B 1.38B 1.65B
Pretax Income Growth
-2.65% +18.48% +9.50% +19.16%
Pretax Margin
+16.77% +20.15% +21.05% +23.80%
Income Tax
(208.00M) 277.00M 197.00M 372.00M
Income Tax - Current - Domestic
248.00M 114.00M 169.00M 107.00M
Income Tax - Current - Foreign
150.00M 110.00M 128.00M 130.00M
Income Tax - Deferred - Domestic
(47.00M) 30.00M (118.00M) 94.00M
Income Tax - Deferred - Foreign
(559.00M) 23.00M 18.00M 41.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.27B 986.00M 1.19B 1.28B
Minority Interest Expense
- - - -
-
Net Income
1.27B 986.00M 1.19B 1.28B
Net Income Growth
+35.97% -22.61% +20.28% +7.59%
Net Margin Growth
+20.04% +15.73% +18.05% +18.43%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.27B 986.00M 1.19B 1.28B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.27B 986.00M 1.19B 1.28B
EPS (Basic)
5.871 4.7404 5.8137 6.4121
EPS (Basic) Growth
+39.73% -19.26% +22.64% +10.29%
Basic Shares Outstanding
217.00M 208.00M 204.00M 199.00M
EPS (Diluted)
5.7909 4.6291 5.6746 6.3483
EPS (Diluted) Growth
+41.53% -20.06% +22.59% +11.87%
Diluted Shares Outstanding
220.00M 213.00M 209.00M 201.00M
EBITDA
1.46B 1.52B 1.67B 1.89B
EBITDA Growth
-0.27% +4.74% +9.38% +13.56%
EBITDA Margin
+22.89% +24.31% +25.37% +27.34%

Snapshot

Average Recommendation HOLD Average Target Price 175.40
Number of Ratings 23 Current Quarters Estimate 2.108
FY Report Date 07 / 2026 Current Year's Estimate 8.904
Last Quarter’s Earnings 2.43 Median PE on CY Estimate N/A
Year Ago Earnings 8.13 Next Fiscal Year Estimate 9.864
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 19 20 19
Mean Estimate 2.11 2.15 8.90 9.86
High Estimates 2.16 2.31 9.30 11.07
Low Estimate 2.08 2.05 8.83 9.03
Coefficient of Variance 0.81 3.01 1.20 5.11

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 7 6
OVERWEIGHT 2 3 2
HOLD 13 13 13
UNDERWEIGHT 1 0 0
SELL 1 1 1
MEAN Hold Overweight Overweight

Insider Actions for Netapp Inc. - NTAP

Date Name Shares Transaction Value
Feb 20, 2026 Daniel De Lorenzo VP, Controller & CAO N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $101.84 per share 0.00
Aug 13, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 23,251 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $105.9 per share 2,462,280.90

Netapp Inc. in the News