NetApp (NTAP) Stock Price
NetApp Price
NetApp (NTAP) — ISIN US64110D1046. The NetApp stock price was 99.13 USD in 2026. Revenue was 6.89 B USD. Earnings were 1.69 B USD. P/E ratio was 12.28. NetApp operates in the Information technology sector.
NetApp stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of NetApp over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NetApp stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NetApp's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | NetApp Price |
|---|---|
| 2/27/2026 | 99.13 USD |
| 2/26/2026 | 102.02 USD |
| 2/25/2026 | 102.52 USD |
| 2/24/2026 | 99.89 USD |
| 2/23/2026 | 100.59 USD |
| 2/20/2026 | 102.50 USD |
| 2/19/2026 | 101.62 USD |
| 2/18/2026 | 101.34 USD |
| 2/17/2026 | 101.09 USD |
| 2/13/2026 | 102.44 USD |
| 2/12/2026 | 98.24 USD |
| 2/11/2026 | 105.92 USD |
| 2/10/2026 | 105.66 USD |
| 2/9/2026 | 103.70 USD |
| 2/6/2026 | 103.36 USD |
| 2/5/2026 | 99.61 USD |
| 2/4/2026 | 100.55 USD |
| 2/3/2026 | 95.41 USD |
| 2/2/2026 | 97.48 USD |
NetApp Revenue, EBIT, Net Income
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25 Years
Max
Details
NetApp Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (B USD) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B USD) |
| NET INCOME (B USD) |
| NET INCOME GROWTH (%) |
| DIVIDEND (USD)DIV. (USD) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (M) |
| DOCUMENTS |
| 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0.01 | 0.05 | 0.09 | 0.17 | 0.29 | 0.58 | 1.01 | 0.8 | 0.89 | 1.17 | 1.6 | 2.07 | 2.8 | 3.3 | 3.41 | 3.93 | 5.12 | 6.23 | 6.33 | 6.33 | 6.12 | 5.55 | 5.49 | 5.92 | 6.15 | 5.41 | 5.74 | 6.32 | 6.36 | 6.27 | 6.57 | 6.89 | 7.23 | 7.6 |
| – | – | 600.00 | 228.57 | 102.17 | 78.49 | 74.10 | 100.35 | 73.75 | -20.68 | 11.78 | 31.17 | 36.58 | 29.29 | 35.72 | 17.80 | 3.12 | 15.41 | 30.30 | 21.69 | 1.59 | -0.11 | -3.21 | -9.41 | -0.99 | 7.79 | 3.84 | -11.94 | 6.13 | 9.99 | 0.70 | -1.48 | 4.85 | 4.90 | 4.82 | 5.22 |
| – | 50.00 | 42.86 | 56.52 | 59.14 | 59.04 | 59.17 | 59.24 | 59.74 | 59.40 | 61.21 | 60.17 | 61.01 | 60.79 | 60.77 | 60.94 | 58.40 | 64.08 | 64.97 | 59.57 | 59.40 | 61.96 | 62.61 | 60.82 | 61.26 | 62.66 | 64.19 | 66.94 | 66.42 | 66.79 | 66.16 | 70.72 | 70.19 | 66.91 | 63.84 | 60.67 |
| 4.61 | 0 | 0.01 | 0.03 | 0.06 | 0.1 | 0.17 | 0.34 | 0.6 | 0.47 | 0.55 | 0.7 | 0.98 | 1.26 | 1.7 | 2.01 | 1.99 | 2.52 | 3.33 | 3.71 | 3.76 | 3.92 | 3.83 | 3.37 | 3.36 | 3.71 | 3.95 | 3.62 | 3.82 | 4.22 | 4.21 | 4.43 | 4.61 | 4.61 | 4.61 | 4.61 |
| 0 | -0 | -0 | 0.01 | 0 | 0.02 | 0.04 | 0.07 | 0.07 | 0 | 0.08 | 0.15 | 0.23 | 0.27 | 0.3 | 0.31 | 0.06 | 0.4 | 0.67 | 0.61 | 0.51 | 0.64 | 0.56 | 0.23 | 0.48 | 0.12 | 1.17 | 0.82 | 0.73 | 0.94 | 1.27 | 0.99 | 1.19 | 1.69 | 1.82 | 1.95 |
| – | – | 300.00 | -250.00 | – | – | 66.67 | 108.57 | 1.37 | -95.95 | 2,433.33 | 100.00 | 48.03 | 18.22 | 11.65 | 4.04 | -79.29 | 525.00 | 68.25 | -10.10 | -16.53 | 26.14 | -12.24 | -59.03 | 110.04 | -75.88 | 907.76 | -29.94 | -10.87 | 28.36 | 35.97 | -22.61 | 20.28 | 42.16 | 8.07 | 7.24 |
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.30 | 0.63 | 0.69 | 0.74 | 0.78 | 1.20 | 1.76 | 1.92 | 1.96 | 2.00 | 2.00 | 2.04 | 2.08 | 0.52 | 4.70 | 5.01 |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 110.00 | 9.52 | 7.25 | 5.41 | 53.85 | 46.67 | 9.09 | 2.08 | 2.04 | – | 2.00 | 1.96 | -75.00 | 803.85 | 6.60 |
| 200.5 | 200.5 | 200.5 | 251.7 | 275.2 | 287.6 | 311.7 | 345.2 | 359.8 | 350.5 | 350.1 | 366.2 | 380.4 | 388.4 | 388.5 | 361.1 | 334.6 | 353.2 | 393.7 | 384.3 | 368 | 347.9 | 320.7 | 297 | 281 | 276 | 259 | 233 | 226 | 229 | 220 | 213 | 209 | 209 | 209 | 209 |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales NetApp generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NetApp retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NetApp's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares NetApp has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NetApp's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Unlock the full history with 30+ years of data and forecast estimates.
Unlock all data — PRONetApp Stock Quarterly Figures
| REVENUE (B USD) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B USD) |
| NET INCOME (M USD) |
| NET INCOME GROWTH (%) |
| DIVIDEND (USD)DIV. (USD) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (M) |
| 1995 Q1 | 1995 Q2 | 1995 Q3 | 1995 Q4 | 1996 Q1 | 1996 Q2 | 1996 Q3 | 1996 Q4 | 1997 Q1 | 1997 Q2 | 1997 Q3 | 1997 Q4 | 1998 Q1 | 1998 Q2 | 1998 Q3 | 1998 Q4 | 1999 Q1 | 1999 Q2 | 1999 Q3 | 1999 Q4 | 2000 Q1 | 2000 Q2 | 2000 Q3 | 2000 Q4 | 2001 Q1 | 2001 Q2 | 2001 Q3 | 2001 Q4 | 2002 Q1 | 2002 Q2 | 2002 Q3 | 2002 Q4 | 2003 Q1 | 2003 Q2 | 2003 Q3 | 2003 Q4 | 2004 Q2 | 2004 Q3 | 2004 Q3 | 2004 Q4 | 2005 Q1 | 2005 Q2 | 2005 Q3 | 2005 Q4 | 2006 Q1 | 2006 Q2 | 2006 Q3 | 2006 Q4 | 2007 Q1 | 2007 Q2 | 2007 Q3 | 2007 Q4 | 2008 Q1 | 2008 Q2 | 2008 Q3 | 2008 Q4 | 2009 Q1 | 2009 Q2 | 2009 Q3 | 2009 Q4 | 2010 Q1 | 2010 Q2 | 2010 Q3 | 2010 Q4 | 2011 Q1 | 2011 Q2 | 2011 Q3 | 2011 Q4 | 2012 Q1 | 2012 Q2 | 2012 Q3 | 2012 Q4 | 2013 Q1 | 2013 Q2 | 2013 Q3 | 2013 Q4 | 2014 Q1 | 2014 Q2 | 2014 Q3 | 2014 Q4 | 2015 Q1 | 2015 Q2 | 2015 Q3 | 2015 Q4 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3e | 2026 Q4e | 2027 Q1e | 2027 Q2e | 2027 Q3e | 2027 Q4e | 2028 Q1e | 2028 Q2e | 2028 Q3e | 2028 Q4e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.05 | 0.06 | 0.07 | 0.08 | 0.09 | 0.1 | 0.12 | 0.15 | 0.2 | 0.23 | 0.26 | 0.29 | 0.23 | 0.2 | 0.19 | 0.2 | 0.2 | 0.21 | 0.22 | 0.23 | 0.24 | 0.26 | 0.28 | 0.3 | 0.34 | 0.36 | 0.38 | 0.41 | 0.45 | 0.45 | 0.48 | 0.54 | 0.6 | 0.62 | 0.65 | 0.73 | 0.8 | 0.69 | 0.79 | 0.88 | 0.94 | 0.87 | 0.91 | 0.75 | 0.88 | 0.84 | 0.91 | 1.01 | 1.17 | 1.15 | 1.25 | 1.29 | 1.43 | 1.46 | 1.51 | 1.57 | 1.7 | 1.44 | 1.54 | 1.63 | 1.72 | 1.52 | 1.55 | 1.61 | 1.65 | 1.49 | 1.54 | 1.55 | 1.54 | 1.34 | 1.45 | 1.39 | 1.38 | 1.29 | 1.34 | 1.4 | 1.45 | 1.32 | 1.42 | 1.54 | 1.64 | 1.47 | 1.52 | 1.56 | 1.59 | 1.24 | 1.37 | 1.4 | 1.4 | 1.3 | 1.42 | 1.47 | 1.56 | 1.46 | 1.57 | 1.61 | 1.68 | 1.59 | 1.66 | 1.53 | 1.58 | 1.43 | 1.56 | 1.61 | 1.67 | 1.54 | 1.66 | 1.64 | 1.73 | 1.56 | 1.71 | 1.73 | 1.84 | 1.68 | 1.81 | 1.82 | 1.91 | 1.81 | 1.98 | 1.97 | 1.95 |
| – | 50.00 | 33.33 | 25.00 | 40.00 | 42.86 | 30.00 | 23.08 | 12.50 | 16.67 | 14.29 | 20.83 | 13.79 | 15.15 | 15.79 | 13.64 | 14.00 | 14.04 | 15.38 | 20.00 | 14.44 | 20.39 | 21.77 | 32.45 | 15.50 | 12.55 | 10.77 | -21.88 | -11.11 | -3.00 | 2.06 | 3.03 | 0.98 | 4.37 | 6.05 | 5.70 | 7.88 | 5.77 | 8.00 | 13.47 | 6.23 | 4.75 | 9.87 | 9.47 | -0.67 | 7.81 | 11.18 | 11.36 | 3.85 | 4.99 | 11.81 | 9.88 | -13.98 | 14.95 | 11.62 | 6.00 | -7.36 | 4.95 | -18.11 | 17.83 | -4.66 | 8.59 | 11.10 | 15.83 | -1.54 | 8.50 | 3.04 | 10.78 | 2.10 | 3.36 | 3.85 | 8.75 | -15.16 | 6.72 | 5.78 | 5.28 | -11.66 | 2.18 | 3.94 | 2.42 | -9.70 | 3.56 | 0.58 | -0.77 | -13.26 | 8.24 | -4.08 | -0.43 | -6.23 | 3.55 | 4.78 | 3.49 | -9.08 | 7.12 | 8.76 | 6.82 | -10.34 | 2.92 | 3.03 | 1.86 | -22.36 | 10.92 | 2.41 | -0.21 | -7.00 | 8.67 | 3.81 | 5.78 | -6.24 | 7.41 | 3.07 | 4.09 | -5.24 | 4.46 | -8.24 | 3.60 | -9.42 | 9.08 | 2.82 | 3.86 | -7.61 | 7.59 | -1.03 | 5.55 | -9.99 | 9.36 | 1.58 | 6.00 | -8.33 | 7.66 | 0.39 | 4.89 | -5.35 | 9.63 | -0.66 | -0.97 |
| 50.00 | 33.33 | 25.00 | 40.00 | 57.14 | 50.00 | 53.85 | 56.25 | 55.56 | 57.14 | 58.33 | 58.62 | 57.58 | 57.89 | 59.09 | 60.00 | 59.65 | 58.46 | 58.67 | 58.89 | 58.25 | 58.87 | 58.94 | 59.50 | 61.04 | 61.92 | 60.42 | 56.00 | 56.00 | 58.25 | 62.12 | 64.22 | 61.65 | 61.86 | 60.53 | 61.00 | 60.00 | 60.00 | 60.61 | 60.24 | 60.06 | 61.60 | 61.17 | 61.20 | 60.94 | 61.90 | 60.89 | 59.53 | 60.06 | 61.50 | 60.91 | 60.67 | 60.52 | 61.11 | 60.97 | 61.05 | 59.45 | 59.93 | 52.68 | 60.64 | 62.29 | 66.59 | 63.40 | 63.88 | 63.92 | 65.23 | 65.63 | 64.99 | 61.45 | 60.58 | 58.02 | 58.46 | 58.86 | 59.25 | 59.14 | 60.14 | 59.96 | 62.30 | 62.24 | 63.19 | 63.00 | 63.68 | 62.99 | 60.75 | 61.12 | 61.18 | 61.69 | 59.28 | 61.59 | 61.87 | 60.61 | 61.05 | 62.38 | 63.60 | 62.12 | 62.59 | 65.33 | 64.21 | 62.83 | 64.45 | 66.02 | 67.47 | 67.02 | 67.17 | 66.92 | 65.89 | 66.33 | 66.56 | 68.52 | 67.62 | 66.48 | 64.82 | 65.70 | 65.36 | 65.60 | 67.99 | 69.55 | 71.06 | 71.67 | 70.50 | 71.25 | 70.99 | 69.77 | 68.88 | 70.43 | 71.96 | 70.84 | 66.83 | 72.91 | 67.72 | 67.45 | 64.31 | 67.94 | 61.97 | 62.38 | 62.99 |
| 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.05 | 0.06 | 0.07 | 0.09 | 0.12 | 0.14 | 0.16 | 0.17 | 0.13 | 0.11 | 0.11 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.15 | 0.16 | 0.17 | 0.18 | 0.2 | 0.22 | 0.23 | 0.25 | 0.28 | 0.27 | 0.3 | 0.33 | 0.36 | 0.37 | 0.4 | 0.44 | 0.49 | 0.42 | 0.48 | 0.54 | 0.57 | 0.52 | 0.55 | 0.39 | 0.53 | 0.52 | 0.61 | 0.64 | 0.75 | 0.74 | 0.82 | 0.85 | 0.93 | 0.9 | 0.91 | 0.91 | 1 | 0.85 | 0.91 | 0.96 | 1.03 | 0.91 | 0.97 | 1 | 1.04 | 0.94 | 0.98 | 0.98 | 0.94 | 0.82 | 0.88 | 0.86 | 0.82 | 0.8 | 0.83 | 0.85 | 0.89 | 0.82 | 0.9 | 0.96 | 1.03 | 0.96 | 0.97 | 0.98 | 1.03 | 0.82 | 0.93 | 0.94 | 0.94 | 0.87 | 0.93 | 0.98 | 1.04 | 1 | 1.06 | 1.07 | 1.09 | 1.05 | 1.09 | 1 | 1.08 | 1 | 1.11 | 1.15 | 1.18 | 1.1 | 1.18 | 1.15 | 1.19 | 1.1 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 |
| 0 | -1 | 0 | -2 | 0 | 1 | 2 | 3 | 0 | 2 | 3 | -5 | 4 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 13 | 16 | 19 | 24 | 5 | 35 | 34 | 0 | 0 | -11 | 7 | 7 | 16 | 15 | 19 | 24 | 27 | 48 | 40 | 36 | 46 | 55 | 60 | 63 | 60 | 70 | 76 | 59 | 54 | 86 | 66 | 89 | 34 | 83 | 101 | 89 | 34 | 43 | -81 | 68 | 51 | 95 | 107 | 145 | 150 | 175 | 186 | 160 | 139 | 165 | 119 | 180 | 63 | 109 | 158 | 173 | 81 | 166 | 192 | 197 | 88 | 159 | 176 | 134 | -30 | 114 | 153 | -8 | 64 | 109 | 146 | 162 | 131 | 174 | -479 | 290 | 283 | 241 | 249 | 396 | 103 | 243 | 277 | 196 | 77 | 137 | 182 | 334 | 202 | 224 | 252 | 259 | 214 | 750 | 65 | 245 | 149 | 233 | 313 | 291 | 248 | 299 | 299 | 340 | 233 | 305 | 440 | 477 | 392 | 456 | 470 | 502 | 422 | 479 | 511 | 529 |
| – | – | – | – | – | – | 100.00 | 50.00 | – | – | 50.00 | -266.67 | -180.00 | – | 25.00 | 20.00 | 16.67 | 14.29 | 12.50 | 11.11 | 30.00 | 23.08 | 18.75 | 26.32 | -79.17 | 600.00 | -2.86 | – | – | – | -163.64 | – | 128.57 | -6.25 | 26.67 | 26.32 | 12.50 | 77.78 | -16.67 | -10.00 | 27.78 | 19.57 | 9.09 | 5.00 | -4.76 | 16.67 | 8.57 | -22.37 | -8.47 | 59.26 | -23.26 | 34.85 | -61.80 | 144.12 | 21.69 | -11.88 | -61.80 | 26.47 | -288.37 | -183.95 | -25.00 | 86.27 | 12.63 | 35.51 | 3.45 | 16.67 | 6.29 | -13.98 | -13.13 | 18.71 | -27.88 | 51.26 | -65.00 | 73.02 | 44.95 | 9.49 | -53.18 | 104.94 | 15.66 | 2.60 | -55.33 | 80.68 | 10.69 | -23.86 | -122.39 | -480.00 | 34.21 | -105.23 | -900.00 | 70.31 | 33.94 | 10.96 | -19.14 | 32.82 | -375.29 | -160.54 | -2.41 | -14.84 | 3.32 | 59.04 | -73.99 | 135.92 | 13.99 | -29.24 | -60.71 | 77.92 | 32.85 | 83.52 | -39.52 | 10.89 | 12.50 | 2.78 | -17.37 | 250.47 | -91.33 | 276.92 | -39.18 | 56.38 | 34.33 | -7.03 | -14.78 | 20.56 | – | 13.71 | -31.47 | 30.90 | 44.26 | 8.41 | -17.82 | 16.33 | 3.07 | 6.81 | -15.94 | 13.51 | 6.68 | 3.52 |
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.15 | 0.15 | 0.15 | 0.15 | 0.17 | 0.17 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.20 | 0.20 | 0.40 | 0.40 | 0.40 | 0.40 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | - | - | - | - | - | - | - | - | - |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 13.33 | – | – | – | 5.88 | – | – | – | 5.56 | – | – | – | 5.26 | – | – | – | 100.00 | – | – | – | 20.00 | – | – | – | – | – | – | – | 4.17 | – | – | – | – | – | – | – | – | – | – | – | 4.00 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| 177.1 | 190.1 | 214.1 | 214.7 | 234.8 | 233.8 | 265.3 | 278.6 | 258.4 | 278.4 | 280.2 | 292.6 | 281.1 | 288.6 | 290 | 289.6 | 298.2 | 304.4 | 315.7 | 328.6 | 333.6 | 338 | 350.3 | 358.8 | 359.8 | 364 | 361.6 | 353.9 | 329.3 | 330.4 | 352.9 | 353.8 | 350.1 | 347.1 | 351.1 | 352.1 | 358.5 | 364.7 | 366.4 | 375.1 | 373 | 375.1 | 385.9 | 387.7 | 386.4 | 385.4 | 389.1 | 392.5 | 391.3 | 388.2 | 389.1 | 385.2 | 377.6 | 365.5 | 378 | 348.5 | 341.1 | 333.4 | 329 | 333.1 | 338.9 | 349.8 | 360.3 | 364.5 | 374.3 | 391.7 | 406.2 | 403.6 | 405.5 | 376 | 373.7 | 381.7 | 371.2 | 368.2 | 364.7 | 367.7 | 359.9 | 349.1 | 346.2 | 336.5 | 329 | 323.5 | 317.1 | 312.9 | 304 | 296 | 296 | 288 | 282 | 284 | 281 | 277 | 278 | 275 | 268 | 297 | 269 | 264 | 255 | 247 | 243 | 236 | 229 | 224 | 222 | 224 | 227 | 229 | 229 | 229 | 229 | 229 | 224 | 220 | 219 | 217 | 216 | 211 | 211 | 213 | 212 | 210 | 208 | 206 | 203 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 | 202 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales NetApp generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NetApp retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NetApp's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares NetApp has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NetApp's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
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NetApp Stock Sales Revenue, EBIT, Earnings per Share
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NetApp business model
NetApp SWOT Analysis
Strengths
NetApp Inc. holds a prominent position in the data storage and management industry, known for its reliable solutions and innovation.
The company offers a comprehensive range of storage systems, software, and services, catering to diverse customer needs.
NetApp Inc. has established strategic partnerships with major technology companies, enhancing its product offerings and expanding its customer base.
The company has a solid financial position, with steady revenue growth and a strong balance sheet, allowing for investments in research and development.
Weaknesses
NetApp Inc. relies heavily on hardware sales, which leaves the company exposed to potential market fluctuations and shifts towards cloud-based storage solutions.
Compared to some competitors, NetApp Inc. has a relatively smaller global footprint, resulting in reduced market access and potential growth opportunities.
While NetApp Inc. offers a wide range of storage solutions, it may lack diversity in its product focus compared to competitors with broader offerings.
Opportunities
As organizations increasingly generate and analyze larger volumes of data, there is a significant opportunity for NetApp Inc. to expand its customer base and offer more advanced storage solutions.
The shift towards cloud computing presents an opportunity for NetApp Inc. to leverage its expertise and offer cloud-based storage solutions to meet the evolving needs of customers.
NetApp Inc. can benefit from advancements in technologies such as artificial intelligence, machine learning, and big data analytics, by integrating them into its storage solutions.
Threats
NetApp Inc. operates in a highly competitive market, facing competition from established players and emerging startups, which may impact market share and pricing.
Fluctuations in the global economy and financial markets can impact IT spending, potentially affecting NetApp Inc.'s revenue growth and profitability.
With the increasing frequency and complexity of cyber threats, NetApp Inc. needs to continually invest in cybersecurity measures to protect customer data and maintain trust.
NetApp Segments
NetApp Revenue by Segment (1/5)
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NetApp Revenue by Segment (2/5)
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NetApp Revenue by Segment (3/5)
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NetApp Revenue by Segment (4/5)
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NetApp Revenue by Segment (5/5)
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NetApp Revenue by Region
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NetApp Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
NetApp historical P/E ratio, EBIT multiple, and P/S ratio
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Historical Valuation Multiples
ⓘPrice-to-Earnings Ratio (P/E)
The P/E ratio divides NetApp's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.
Price-to-Sales Ratio (P/S)
The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.
Price-to-EBIT Ratio
This ratio relates NetApp's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.
How to Use This Chart
This chart plots NetApp's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if NetApp grows earnings faster than its peers.
NetApp annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
NetApp shares outstanding
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NetApp stock splits
NetApp Dividend History
14 years of dividend payments · 2 consecutive increases
NetApp dividend history and estimates
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NetApp dividend payout ratio
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Current NetApp forecasts and price targets in March 2026
| Δ MOM Price Target | 4.49 % |
| Buy | 50.00 % (14) |
| Hold | 46.43 % (13) |
| Sell | 3.57 % (1) |
| 12M Price Target | 130.56 |
| Last Price | 99.24 |
| Currency | USD |
| 12M Return Potential | 31.56 % |
| LTM Return | 0 % |
NetApp Earnings Estimates
NetApp Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 2/26/2026 | 2.11USD | 1.73 BUSD | 2026 Q3 |
| 11/25/2025 | 1.92USD | 1.72 BUSD | 2026 Q2 |
| 11/26/2024 | 1.82USD | 1.68 BUSD | 2025 Q2 |
| 11/21/2024 | 1.82USD | 1.68 BUSD | 2025 Q2 |
| 5/29/2024 | 1.76USD | 1.68 BUSD | 2024 Q4 |
| 2/21/2024 | 1.72USD | 1.62 BUSD | 2024 Q3 |
| 11/28/2023 | 1.45USD | 1.68 BUSD | 2024 Q2 |
| 5/31/2023 | 1.57USD | 1.81 BUSD | 2023 Q4 |
| 2/22/2023 | 1.46USD | 1.74 BUSD | 2023 Q3 |
| 11/29/2022 | 1.36USD | 1.7 BUSD | 2023 Q2 |
EESG©
Eulerpool ESG Scorecard© for the NetApp stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
NetApp shareholders
| % | Name |
|---|---|
13.22291% | |
6.32642% | |
5.34299% | |
4.98227% | |
3.40302% | |
3.09871% | |
2.00820% | |
1.69600% | |
1.47982% | |
1.41014% |
NetApp Executives and Management Board
Mr. George Kurian
(58)Chief Executive Officer, Director · since 2013
Mr. Wissam Jabre
(55)Chief Financial Officer, Executive Vice President
Mr. Cesar Cernuda Rego
(53)President
Ms. Elizabeth O'callahan
(56)Executive Vice President, Chief Administrative Officer, Company Secretary
Mr. Thomas Nevens
(75)Independent Chairman of the Board
NetApp Supply Chain
NetApp Supply Chain
Correlation: how closely stock prices move together
| # | Name | 1M | 3M | 6M | 1Y | 2Y | Trend |
|---|---|---|---|---|---|---|---|
| 1 | 0,84 | 0,85 | 0,89 | 0,97 | 0,97 | ||
| 2 | -0,33 | 0,41 | 0,38 | 0,93 | 0,96 | ||
| 3 | SMART Global Holdings, Inc. | 0,92 | 0,16 | -0,09 | 0,85 | 0,93 | |
| 4 | Logicom | 0,33 | -0,26 | 0,59 | 0,93 | 0,92 | |
| 5 | Zensar | 0,55 | 0,64 | 0,77 | 0,82 | 0,89 |
| # | Name | 1M | 3M | 6M | 1Y | 2Y | Trend |
|---|---|---|---|---|---|---|---|
| 1 | ATM | — | — | 0,60 | 0,59 | — | |
| 2 | 0,76 | 0,76 | 0,70 | 0,61 | — | ||
| 3 | 0,83 | -0,52 | -0,73 | 0,04 | — | ||
| 4 | Orange S.A. | -0,07 | -0,66 | -0,39 | — | — | |
| 5 | 0,85 | 0,72 | 0,66 | -0,24 | -0,40 |
NetApp Research
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Most common questions regarding NetApp
The business model of NetApp Inc revolves around providing data storage and management solutions. As a global leader in cloud-based, hybrid, and on-premises storage systems, NetApp offers a diverse portfolio of products and services. Their innovative storage technologies enable businesses to efficiently store, manage, and protect their data, ensuring reliable access and helping organizations derive valuable insights. By delivering scalable and high-performance storage solutions, NetApp caters to various industry verticals, including enterprise, government, and healthcare sectors. With a strong focus on customer satisfaction and technological advancements, NetApp continues to enhance its offerings to meet the evolving data storage needs of businesses worldwide.
NetApp stock
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All fundamentals about NetApp
Our stock analysis for NetApp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NetApp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.