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NetApp income statement

In fiscal 2026, NetApp reported revenue of $6.24bn, up 5.6% on the year before, operating income of $1.67bn (a 26.8% margin) and net income of $1.28bn, or $6.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Apr 20102011Apr 20112012Apr 20122013Apr 20132014Apr 20142015Apr 20152016Apr 20162017Apr 20172018Apr 20182019Apr 20192020Apr 20202021Apr 20212022Apr 20222023Apr 20232024Apr 20242025Apr 20252026Apr 2026LTMJul 2026
Revenue3,9315,1236,2336,3326,3256,1235,5465,4915,9196,1465,4125,7446,3186,3625,6575,9076,2376,497
Cost of revenue1,4121,7942,5202,5712,4062,2902,1732,1292,2122,2011,7891,9292,0982,1531,8351,9592,0262,171
Gross profit2,5193,3293,7133,7613,9193,8333,3733,3643,7093,9453,6233,8154,2204,2094,4334,6134,8995,220
Research and development5366498289049189208617797838278478818819561,0291,0129911,023
Selling and marketing1,2941,5971,8641,9751,8981,9131,7921,6511,7061,6571,5851,7441,8571,8291,8281,8651,8691,915
General and administrative239251265273281284307271280278263257279265308311344358
Operating income4888247476087347163486211,1581,2219451,0311,1571,0181,2141,3371,6741,849
Interest expense74767592364249526258557473676464109—
Income before tax4477947125677417133456211,1991,2689449621,0951,0661,2631,3831,6481,828
Income tax47121107611031531161401,08399125232158−208277197372410
Net income4006736055056385602294811161,1698197309371,2749861,1861,2761,418
Diluted EPS$1.13$1.71$1.58$1.37$1.83$1.75$0.77$1.71$0.42$4.51$3.52$3.23$4.09$5.79$4.63$5.67$6.35$7.08
Diluted shares (average)353m394m384m368m348m321m297m281m276m259m233m226m229m220m213m209m201m200m
EBITDA6549901,0408671,0099595607991,3031,3711,0991,1891,3051,1991,4121,5331,8532,010

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from NetApp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to NetApp.