NetAppNTAPEarnings & Financial Report
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 has 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.
NTAP Q2 2026 Key Financial Metrics
Revenue
$1.7B
Gross Profit
$1.2B
Operating Profit
$399.0M
Net Profit
$305.0M
Gross Margin
72.0%
Operating Margin
23.4%
Net Margin
17.9%
YoY Growth
2.8%
EPS
$1.51
Financial Flow
NetApp Q2 2026 Financial Summary
NetApp reported revenue of $1.7B for Q2 2026, with a net profit of $305.0M (17.9% margin). Cost of goods sold was $478.0M, operating expenses totaled $828.0M.
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $305.0M |
| Gross Margin | 72.0% |
| Operating Margin | 23.4% |
| Report Period | Q2 2026 |
NetApp Annual Revenue by Year
NetApp annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.6B |
| 2024 | $6.3B |
| 2023 | $6.4B |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $1.67B | $1.54B | $1.66B | $1.64B | $1.73B | $1.56B | $1.71B |
| YoY Growth | 5.2% | 5.5% | 7.6% | 6.1% | 2.2% | 3.8% | 1.2% | 2.8% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $9.37B | $9.89B | $9.31B | $9.00B | $8.99B | $10.82B | $9.68B | $9.63B |
| Liabilities | $8.38B | $8.74B | $8.38B | $8.11B | $7.99B | $9.78B | $8.70B | $8.64B |
| Equity | $994.0M | $1.15B | $929.0M | $892.0M | $995.0M | $1.04B | $975.0M | $986.0M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|
| Operating CF | $484.0M | $613.0M | $341.0M | $385.0M | $673.0M | $127.0M |
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