Company profile · Computers & Hardware
NetApp, Inc. (NTAP)
Nasdaq: NTAP · San Jose, CA · Data from SEC filings, updated Oct 6, 2026
Overview
NetApp, Inc. trades on Nasdaq under the ticker NTAP and is classified by RoxMag in the Computers & Hardware segment (SEC industry code 3572, Computer Storage Devices). Its principal executive offices are in San Jose, CA. The company was founded in 1992. In its annual report for the fiscal year ended April 24, 2026, it reported revenue of $6.24 billion and net income of $1.28 billion. By public float it ranks #12 of the 41 computers & hardware companies profiled on RoxMag.
NetApp, Inc. is an American data infrastructure company that provides unified data storage, integrated data services, and cloud operations (CloudOps) solutions to enterprise customers. The company is based in San Jose, California. It was ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.
Financial history
Annual figures as reported in NetApp, Inc.'s 10-K filings (US dollars).
- Revenue growth
- 5.6%
- vs prior year, FY2026
- Net margin
- 20.5%
- net income ÷ revenue, FY2026
- Operating margin
- 26.8%
- operating income ÷ revenue, FY2026
- R&D share of revenue
- 15.9%
- R&D ÷ revenue, FY2026
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $6.2B | $5.9B | $5.7B | $6.4B | $6.3B |
| Gross profit | $4.9B | $4.6B | $4.4B | $4.2B | $4.2B |
| Operating income | $1.7B | $1.3B | $1.2B | $1.0B | $1.2B |
| Net income | $1.3B | $1.2B | $986.0M | $1.3B | $937.0M |
| Research & development | $991.0M | $1.0B | $1.0B | $956.0M | $881.0M |
| Total assets | $10.7B | $10.8B | $9.9B | $9.8B | $10.0B |
| Stockholders' equity | $1.4B | $1.0B | $1.1B | $1.2B | $838.0M |
| Cash & equivalents | $2.1B | $2.7B | $1.9B | $2.3B | $4.1B |
Fiscal-year labels follow the calendar year in which each fiscal year ends. Margins and growth are calculated by RoxMag from the reported figures.
Recent SEC filings
Sources & method
Company identity, address, filings, financial figures, share counts and public float come from the company's own filings with the U.S. Securities and Exchange Commission (EDGAR). Website, founding year, chief executive and employee count come from Wikidata where available; the overview excerpt is from Wikipedia. Fields without a public source are left blank. RoxMag does not estimate figures. This page is general information, not investment advice — see our disclaimer and editorial policy.