netapp inc. - NTAP
NTAP
Close Chg Chg %
114.66 1.33 1.16%
Closed Market
115.99
+1.33 (1.16%)
Volume: 1.39M
Last Updated:
Dec 4, 2025, 4:00 PM EDT
Company Overview: netapp inc. - NTAP
NTAP Key Data
| Open $114.66 | Day Range 114.28 - 116.52 |
| 52 Week Range 71.84 - 131.30 | Market Cap $22.71B |
| Shares Outstanding 198.06M | Public Float 197.09M |
| Beta 1.41 | Rev. Per Employee N/A |
| P/E Ratio 20.16 | EPS $5.83 |
| Yield 179.57% | Dividend $0.52 |
| EX-DIVIDEND DATE Jan 2, 2026 | SHORT INTEREST N/A |
| AVERAGE VOLUME 2.36M |
NTAP Performance
| 1 Week | 2.78% | ||
| 1 Month | 1.50% | ||
| 3 Months | -3.44% | ||
| 1 Year | -12.55% | ||
| 5 Years | 91.13% |
NTAP Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
22
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 | 6.57B | |
| Industry | Computer Peripherals | Net Income | 1.19B | |
| Sector | Electronic Technology | 2025 Sales Growth | 4.817% | |
| Fiscal Year-end | 04 / 2026 | Employees | 11,700 | |
| View SEC Filings |
NTAP Valuation
| P/E Current | 20.159 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 15.587 |
| Price to Sales Ratio | 2.813 |
| Price to Book Ratio | 17.095 |
| Price to Cash Flow Ratio | 12.27 |
| Enterprise Value to EBITDA | 10.872 |
| Enterprise Value to Sales | 2.758 |
| Total Debt to Enterprise Value | 0.193 |
NTAP Efficiency
| Revenue/Employee | 561,623.932 |
| Income Per Employee | 101,367.521 |
| Receivables Turnover | 5.274 |
| Total Asset Turnover | 0.635 |
NTAP Liquidity
| Current Ratio | 1.241 |
| Quick Ratio | 1.201 |
| Cash Ratio | 0.826 |
NTAP Profitability
| Gross Margin | 69.898 |
| Operating Margin | 21.671 |
| Pretax Margin | 21.047 |
| Net Margin | 18.049 |
| Return on Assets | 11.453 |
| Return on Equity | 108.509 |
| Return on Total Capital | 26.175 |
| Return on Invested Capital | 33.413 |
NTAP Capital Structure
| Total Debt to Total Equity | 335.673 |
| Total Debt to Total Capital | 77.047 |
| Total Debt to Total Assets | 32.255 |
| Long-Term Debt to Equity | 259.712 |
| Long-Term Debt to Total Capital | 59.612 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Netapp Inc. - NTAP
Collapse All in section
| All values USD millions. | 2022 | 2023 | 2024 | 2025 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 6.33B | 6.36B | 6.27B | 6.57B | |
Sales Growth
| +10.33% | +0.51% | -1.38% | +4.82% | |
Cost of Goods Sold (COGS) incl D&A
| 2.11B | 2.18B | 1.86B | 1.98B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 249.00M | 301.00M | 255.00M | 243.00M | |
Depreciation
| 203.00M | 233.00M | 198.00M | 196.00M | |
Amortization of Intangibles
| 46.00M | 68.00M | 57.00M | 47.00M | |
COGS Growth
| +8.98% | +3.22% | -14.73% | +6.46% | |
Gross Income
| 4.21B | 4.18B | 4.41B | 4.59B | |
Gross Income Growth
| +11.01% | -0.85% | +5.58% | +4.13% | |
Gross Profit Margin
| +66.62% | +65.72% | +70.36% | +69.90% |
| 2022 | 2023 | 2024 | 2025 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 3.00B | 3.02B | 3.14B | 3.17B | |
Research & Development
| 881.00M | 956.00M | 1.03B | 1.01B | |
Other SG&A
| 2.12B | 2.07B | 2.11B | 2.16B | |
SGA Growth
| +4.71% | +0.67% | +3.90% | +0.86% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 137.00M | 145.00M | 113.00M | 50.00M | |
EBIT after Unusual Expense
| 1.07B | 1.01B | 1.16B | 1.37B | |
Non Operating Income/Expense
| 95.00M | 124.00M | 171.00M | 73.00M | |
Non-Operating Interest Income
| 7.00M | 69.00M | 112.00M | 112.00M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 73.00M | 67.00M | 64.00M | 64.00M | |
Interest Expense Growth
| - | -1.35% | -8.22% | -4.48% | |
Gross Interest Expense
| 73.00M | 67.00M | 64.00M | 64.00M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 1.09B | 1.07B | 1.26B | 1.38B | |
Pretax Income Growth
| +13.83% | -2.65% | +18.48% | +9.50% | |
Pretax Margin
| +17.31% | +16.77% | +20.15% | +21.05% | |
Income Tax
| 158.00M | (208.00M) | 277.00M | 197.00M | |
Income Tax - Current - Domestic
| 242.00M | 248.00M | 114.00M | 169.00M | |
Income Tax - Current - Foreign
| 60.00M | 150.00M | 110.00M | 128.00M | |
Income Tax - Deferred - Domestic
| (152.00M) | (47.00M) | 30.00M | (118.00M) | |
Income Tax - Deferred - Foreign
| 8.00M | (559.00M) | 23.00M | 18.00M | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 937.00M | 1.27B | 986.00M | 1.19B | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 937.00M | 1.27B | 986.00M | 1.19B | |
Net Income Growth
| +28.36% | +35.97% | -22.61% | +20.28% | |
Net Margin Growth
| +14.81% | +20.04% | +15.73% | +18.05% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 937.00M | 1.27B | 986.00M | 1.19B | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 937.00M | 1.27B | 986.00M | 1.19B | |
EPS (Basic)
| 4.2018 | 5.871 | 4.7404 | 5.8137 | |
EPS (Basic) Growth
| +27.78% | +39.73% | -19.26% | +22.64% | |
Basic Shares Outstanding
| 223.00M | 217.00M | 208.00M | 204.00M | |
EPS (Diluted)
| 4.0917 | 5.7909 | 4.6291 | 5.6746 | |
EPS (Diluted) Growth
| +26.67% | +41.53% | -20.06% | +22.59% | |
Diluted Shares Outstanding
| 229.00M | 220.00M | 213.00M | 209.00M | |
EBITDA
| 1.46B | 1.46B | 1.52B | 1.67B | |
EBITDA Growth
| +23.02% | -0.27% | +4.74% | +9.38% | |
EBITDA Margin
| +23.07% | +22.89% | +24.31% | +25.37% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 123.40 | |
| Number of Ratings | 22 | Current Quarters Estimate | 2.066 | |
| FY Report Date | 01 / 2026 | Current Year's Estimate | 7.886 | |
| Last Quarter’s Earnings | 2.05 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 7.25 | Next Fiscal Year Estimate | 8.55 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 19 | 19 | 20 | 17 |
| Mean Estimate | 2.07 | 2.24 | 7.89 | 8.55 |
| High Estimates | 2.10 | 2.32 | 8.02 | 8.97 |
| Low Estimate | 2.02 | 2.16 | 7.73 | 8.10 |
| Coefficient of Variance | 1.00 | 1.48 | 0.90 | 2.83 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 6 | 6 | 4 |
| OVERWEIGHT | 2 | 2 | 3 |
| HOLD | 13 | 13 | 13 |
| UNDERWEIGHT | 1 | 1 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Hold |
SEC Filings for Netapp Inc. - NTAP
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Netapp Inc. - NTAP
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| 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 |
| May 21, 2025 | George Kurian CEO; Director | 313,805 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 31,546,816.65 |
| May 21, 2025 | Harvinder Bhela EVP, Chief Product Officer | 172,000 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 17,291,160.00 |
| May 21, 2025 | César Cernuda Rego President | 49,159 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 4,941,954.27 |
| May 21, 2025 | César Cernuda Rego President | 64,425 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | César Cernuda Rego President | 31,942 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 3,211,129.26 |
| May 21, 2025 | César Cernuda Rego President | 44,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | Harvinder Bhela EVP, Chief Product Officer | 182,041 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | Elizabeth OCallahan EVP, Chief Admin. Officer | 25,525 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 2,566,028.25 |
| May 21, 2025 | George Kurian CEO; Director | 344,367 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | George Kurian CEO; Director | 283,214 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 28,471,503.42 |
| May 21, 2025 | George Kurian CEO; Director | 308,628 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | Elizabeth OCallahan EVP, Chief Admin. Officer | 19,954 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 2,005,975.62 |
| May 21, 2025 | Harvinder Bhela EVP, Chief Product Officer | 156,520 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share | 15,734,955.60 |
| May 21, 2025 | Elizabeth OCallahan EVP, Chief Admin. Officer | 31,088 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 21, 2025 | Harvinder Bhela EVP, Chief Product Officer | 164,826 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 20, 2025 | George Kurian CEO; Director | 23,084 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 20, 2025 | George Kurian CEO; Director | 23,991 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 20, 2025 | Elizabeth OCallahan EVP, Chief Admin. Officer | 8,397 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 20, 2025 | Elizabeth OCallahan EVP, Chief Admin. Officer | 8,030 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |