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Side-by-side financial comparison of INGLES MARKETS INC (IMKTA) and NetApp (NTAP). Click either name above to swap in a different company.

NetApp is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× INGLES MARKETS INC). NetApp runs the higher net margin — 19.5% vs 2.0%, a 17.4% gap on every dollar of revenue. On growth, INGLES MARKETS INC posted the faster year-over-year revenue change (6.6% vs 4.4%). NetApp produced more free cash flow last quarter ($271.0M vs $2.1M). Over the past eight quarters, NetApp's revenue compounded faster (1.3% CAGR vs 0.2%).

Ingles Markets, Inc. is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA and is part of the Global Select Market tier of trading.

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.

IMKTA vs NTAP — Head-to-Head

Bigger by revenue
NTAP
NTAP
1.2× larger
NTAP
$1.7B
$1.4B
IMKTA
Growing faster (revenue YoY)
IMKTA
IMKTA
+2.2% gap
IMKTA
6.6%
4.4%
NTAP
Higher net margin
NTAP
NTAP
17.4% more per $
NTAP
19.5%
2.0%
IMKTA
More free cash flow
NTAP
NTAP
$268.9M more FCF
NTAP
$271.0M
$2.1M
IMKTA
Faster 2-yr revenue CAGR
NTAP
NTAP
Annualised
NTAP
1.3%
0.2%
IMKTA

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
IMKTA
IMKTA
NTAP
NTAP
Revenue
$1.4B
$1.7B
Net Profit
$28.1M
$334.0M
Gross Margin
24.4%
70.6%
Operating Margin
2.9%
25.3%
Net Margin
2.0%
19.5%
Revenue YoY
6.6%
4.4%
Net Profit YoY
69.6%
11.7%
EPS (diluted)
$1.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$1.7B
Q4 25
$1.4B
$1.7B
Q3 25
$1.4B
$1.6B
Q2 25
$1.3B
$1.7B
Q1 25
$1.3B
$1.6B
Q4 24
$1.3B
$1.7B
Q3 24
$1.4B
$1.5B
Q2 24
$1.4B
$1.7B
Net Profit
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$334.0M
Q4 25
$28.1M
$305.0M
Q3 25
$25.7M
$233.0M
Q2 25
$26.2M
$340.0M
Q1 25
$15.1M
$299.0M
Q4 24
$16.6M
$299.0M
Q3 24
$-1.5M
$248.0M
Q2 24
$31.7M
$291.0M
Gross Margin
IMKTA
IMKTA
NTAP
NTAP
Q1 26
70.6%
Q4 25
24.4%
72.0%
Q3 25
24.5%
70.4%
Q2 25
24.3%
68.9%
Q1 25
23.4%
69.8%
Q4 24
23.4%
71.0%
Q3 24
21.4%
71.3%
Q2 24
23.7%
70.5%
Operating Margin
IMKTA
IMKTA
NTAP
NTAP
Q1 26
25.3%
Q4 25
2.9%
23.4%
Q3 25
2.6%
19.8%
Q2 25
2.8%
20.1%
Q1 25
1.6%
22.1%
Q4 24
1.8%
20.8%
Q3 24
-0.1%
18.3%
Q2 24
3.2%
21.9%
Net Margin
IMKTA
IMKTA
NTAP
NTAP
Q1 26
19.5%
Q4 25
2.0%
17.9%
Q3 25
1.9%
14.9%
Q2 25
1.9%
19.6%
Q1 25
1.1%
18.2%
Q4 24
1.3%
18.0%
Q3 24
-0.1%
16.1%
Q2 24
2.3%
17.4%
EPS (diluted)
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$1.67
Q4 25
$1.51
Q3 25
$1.15
Q2 25
$1.64
Q1 25
$1.44
Q4 24
$1.42
Q3 24
$1.17
Q2 24
$1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IMKTA
IMKTA
NTAP
NTAP
Cash + ST InvestmentsLiquidity on hand
$3.0B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$1.6B
$1.2B
Total Assets
$2.6B
$10.0B
Debt / EquityLower = less leverage
2.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$3.0B
Q4 25
$3.0B
Q3 25
$3.3B
Q2 25
$3.8B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$3.0B
Q2 24
$3.3B
Total Debt
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$2.5B
Q4 25
$2.5B
Q3 25
$514.8M
$2.5B
Q2 25
$3.2B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$532.6M
$2.4B
Q2 24
$2.4B
Stockholders' Equity
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$1.2B
Q4 25
$1.6B
$986.0M
Q3 25
$1.6B
$975.0M
Q2 25
$1.6B
$1.0B
Q1 25
$1.6B
$995.0M
Q4 24
$1.6B
$892.0M
Q3 24
$1.5B
$929.0M
Q2 24
$1.6B
$1.1B
Total Assets
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$10.0B
Q4 25
$2.6B
$9.6B
Q3 25
$2.6B
$9.7B
Q2 25
$2.5B
$10.8B
Q1 25
$2.5B
$9.0B
Q4 24
$2.5B
$9.0B
Q3 24
$2.5B
$9.3B
Q2 24
$2.5B
$9.9B
Debt / Equity
IMKTA
IMKTA
NTAP
NTAP
Q1 26
2.15×
Q4 25
2.52×
Q3 25
0.32×
2.55×
Q2 25
3.11×
Q1 25
2.00×
Q4 24
2.23×
Q3 24
0.34×
2.58×
Q2 24
2.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IMKTA
IMKTA
NTAP
NTAP
Operating Cash FlowLast quarter
$38.4M
$317.0M
Free Cash FlowOCF − Capex
$2.1M
$271.0M
FCF MarginFCF / Revenue
0.1%
15.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
1.37×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$123.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$317.0M
Q4 25
$38.4M
$127.0M
Q3 25
$59.9M
$673.0M
Q2 25
$74.8M
Q1 25
$63.1M
$385.0M
Q4 24
$-43.6M
Q3 24
$73.3M
$341.0M
Q2 24
$103.3M
$613.0M
Free Cash Flow
IMKTA
IMKTA
NTAP
NTAP
Q1 26
$271.0M
Q4 25
$2.1M
$78.0M
Q3 25
$36.8M
$620.0M
Q2 25
$45.4M
Q1 25
$38.9M
$338.0M
Q4 24
$-81.4M
Q3 24
$5.4M
$300.0M
Q2 24
$58.6M
$567.0M
FCF Margin
IMKTA
IMKTA
NTAP
NTAP
Q1 26
15.8%
Q4 25
0.1%
4.6%
Q3 25
2.7%
39.8%
Q2 25
3.4%
Q1 25
2.9%
20.6%
Q4 24
-6.3%
Q3 24
0.4%
19.5%
Q2 24
4.2%
34.0%
Capex Intensity
IMKTA
IMKTA
NTAP
NTAP
Q1 26
Q4 25
2.6%
2.9%
Q3 25
1.7%
3.4%
Q2 25
2.2%
Q1 25
1.8%
2.9%
Q4 24
2.9%
Q3 24
4.9%
2.7%
Q2 24
3.2%
2.8%
Cash Conversion
IMKTA
IMKTA
NTAP
NTAP
Q1 26
0.95×
Q4 25
1.37×
0.42×
Q3 25
2.33×
2.89×
Q2 25
2.85×
Q1 25
4.17×
1.29×
Q4 24
-2.63×
Q3 24
1.38×
Q2 24
3.26×
2.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IMKTA
IMKTA

Grocery$502.1M37%
Perishables$359.7M26%
Non Foods$305.5M22%
Gasoline$152.1M11%
Other$53.6M4%

NTAP
NTAP

Services$927.0M54%
Product$786.0M46%

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