Invesaro

Stocks Technology NTAP

NASDAQ · Technology

NetApp, Inc. (NTAP)

NetApp, Inc. brought in $7.4B of revenue over the twelve months to July 31, 2026, up 12.2% from a year earlier. Net income was $1.4B, a net margin of 19.2%. Operating cash flow minus capital spending left $1.9B of free cash flow in fiscal 2026. At July 31, 2026 it held $1.6B in cash against $2.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 2, 2026.

Free, no password. An email when NTAP files with the SEC.

Price
$175.99
-0.05% on the day · November 10, 2026
52-week range $93.69 to $240.87
Market cap
$34.5B
Revenue (last 12 months)
$7.4B
+12.2% year on year
Net margin
19.2%
P/E
27.7
on FY2026 diluted EPS

Key facts about NetApp, Inc.

Net worth
NetApp, Inc. has a market value (market cap) of $34.5B at the latest share price, and shareholders' equity of $1.5B on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2026 revenue was $6.9B (+5.4% year on year), with net income of $1.3B. Over the 12 months to July 31, 2026: revenue $7.4B, net income $1.4B.
Cash flow
In fiscal 2026 operations brought in $2.1B of cash; after $198M of capital spending, free cash flow was $1.9B.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 2, 2026 and covers the period to July 31, 2026. Open on SEC EDGAR
Next earnings report
NetApp, Inc.'s next report is expected around November 24, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
NetApp, Inc. declared dividends of $2.08 per share in fiscal 2026, a yield of 1.18% at the current price.

What NetApp, Inc. does

NetApp designs and sells enterprise data storage hardware, storage management software, and cloud data services. Its products allow corporations and public organizations to store, manage, protect, and analyze structured and unstructured data across on-premises data centers and multi-cloud environments. Its shares trade on NASDAQ under the ticker NTAP.

Revenue and profit by year

Revenue
FY19: $6.1B $6.1B FY19FY20: $5.4B $5.4B FY20FY21: $5.7B $5.7B FY21FY22: $6.3B $6.3B FY22FY23: $6.4B $6.4B FY23FY24: $6.3B $6.3B FY24FY25: $6.6B $6.6B FY25FY26: $6.9B $6.9B FY26
Net income
FY19: $1.2B $1.2B FY19FY20: $819M $819M FY20FY21: $730M $730M FY21FY22: $937M $937M FY22FY23: $1.3B $1.3B FY23FY24: $986M $986M FY24FY25: $1.2B $1.2B FY25FY26: $1.3B $1.3B FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$6.9B$1.7B$1.3B$6.35$1.9B
2025$6.6B$1.3B$1.2B$5.67$1.3B
2024$6.3B$1.2B$986M$4.63$1.5B
2023$6.4B$1B$1.3B$5.79$868M
2022$6.3B$1.2B$937M$4.09$985M
2021$5.7B$1B$730M$3.23$1.2B

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around November 24, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 25, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where NTAP ranks in Technology

Revenue$6.9B
#76 of 751 in Technology · Top 10%
Revenue growth+5.4%
#382 of 604 in Technology · Bottom 37%
Net margin18.4%
#104 of 611 in Technology · Top 17%
Free cash flow margin27.0%
#85 of 568 in Technology · Top 15%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Dividends

NetApp, Inc. declared $2.08 per share in fiscal 2026. At the current price that is a yield of 1.18%. It paid out $413M in cash dividends, 32% of its net income.

Fiscal yearPer sharePaid outOf profit
2026$2.08$413M32%
2025$2.08$424M36%
2024$2.00$416M42%
2023$2.00$432M34%
2022$2.00$446M48%
2021$1.92$427M58%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What NetApp, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 11, 2026
  2. September 2, 2026
  3. September 2, 2026
    Quarterly report 10-Q · period to July 31, 2026Revenue rose 30% to $2B versus the same quarter last year; diluted EPS $1.88 versus $1.15.
  4. September 2, 2026
  5. July 28, 2026
  6. July 28, 2026
  7. July 28, 2026
  8. July 16, 2026
  9. June 5, 2026
    Annual report 10-K · period to April 24, 2026Revenue rose 5.4% to $6.9B versus the prior year; diluted EPS $6.35 versus $5.67.
  10. May 28, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 19, 2026. Insider transactions on SEC

What is NTAP worth? A DCF from its reported cash flow

Insider trades

What the people running NetApp, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $36M worth of shares in the last 90 days and bought none on the open market. Most of the selling (90%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$36M
last 90 days
Net sold
178,281
$36M
DateInsiderWhatSharesPriceValueFiling
October 15, 2026 De Lorenzo DanielSVP, Chief Accounting Officer Exercised options 808 - - Form 4
October 15, 2026 De Lorenzo DanielSVP, Chief Accounting Officer Shares withheld for tax 287 $222.20 $63.8K Form 4
October 15, 2026 Kurian GeorgeCEO, Director Exercised options 3,657 - - Form 4
October 15, 2026 Kurian GeorgeCEO, Director Shares withheld for tax 1,845 $222.20 $410K Form 4
October 15, 2026 Cernuda CesarPresident Exercised options 1,847 - - Form 4
October 15, 2026 Cernuda CesarPresident Shares withheld for tax 869 $222.20 $193.1K Form 4
October 15, 2026 Jabre Wissam GEVP, CFO Exercised options 1,732 - - Form 4
October 15, 2026 Jabre Wissam GEVP, CFO Shares withheld for tax 874 $222.20 $194.2K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns NTAP

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Capital Management13G, passive 7.29% 14,399,983 April 30, 2026
Vanguard Portfolio Management13G, passive 6.44% 12,718,223 April 29, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026); Primecap Management Co 4.82% (November 14, 2025).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 959 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.18,901,321$2.93B-1,006,506
Vanguard Capital Management LLC12,885,538$1.99B+397,645
Vanguard Portfolio Management LLC12,276,980$1.9B-375,365
State Street Corp9,921,533$1.54B-101,940
Primecap Management Co9,016,690$1.4B-40,765
Geode Capital Management, LLC6,368,156$986.5M-76,295
Ameriprise Financial Inc4,677,207$723.9M-1,323,487
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC4,444,057$687.8M+383,701
Norges Bank4,170,849$645.5Mnew
Wellington Management Group Llp3,860,019$597.4M-810,702
Boston Partners3,424,015$530.1M-166,676
First Trust Advisors LP3,104,993$480.5M-553,073
Invesco Ltd.3,089,597$478.1M-802,376
Goldman Sachs Group Inc3,075,134$475.9M+191,379
Morgan Stanley2,829,113$437.8M-206,635
Northern Trust Corp2,657,468$411.3M-179,433
Lyrical Asset Management LP2,465,831$381.6M-61,525
Jane Street Group, LLC2,388,974$369.7M+2,380,592
Dimensional Fund Advisors LP2,220,548$343.7M+90,775
Citigroup Inc2,010,726$311.2M-1,765,740

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

14 insiders reported holding 452,721 shares in total, about $79.7M at the last price.

HolderSharesAs of
Kurian GeorgeCEO, Director 210,349 October 15, 2026
Cernuda CesarPresident 47,508 October 15, 2026
Jabre Wissam GEVP, CFO 39,468 October 15, 2026
Nair SyamEVP, Chief Product Officer 37,814 October 15, 2026
O'Callahan Elizabeth MEVP, Chief Admin. Officer 30,423 October 15, 2026
Kerr DeborahDirector 27,360 September 8, 2026
Gustafsson AndersDirector 13,756 September 8, 2026
Ahuja DeepakDirector 12,814 September 21, 2026
Held GeraldDirector 10,325 October 1, 2026
Nevens Thomas MichaelDirector 7,7477,747 held indirectly September 11, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about NTAP

What does NetApp, Inc. do?

NetApp designs and sells enterprise data storage hardware, storage management software, and cloud data services. Its products allow corporations and public organizations to store, manage, protect, and analyze structured and unstructured data across on-premises data centers and multi-cloud environments. Its shares trade on NASDAQ under the ticker NTAP.

What is NetApp, Inc.'s net worth?

NetApp, Inc. has a market value (market cap) of $34.5B at the latest share price, and shareholders' equity of $1.5B on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is NetApp, Inc. profitable?

Yes. Over the twelve months to July 31, 2026 it reported net income of $1.4B on revenue of $7.4B, a net margin of 19.2%.

How much revenue does NetApp, Inc. make?

Over the twelve months to July 31, 2026 NetApp, Inc. reported revenue of $7.4B. That is 12.2% more than a year earlier.

When did NetApp, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on September 2, 2026. It covers the period to July 31, 2026. Its newest filing of any kind is the insider trade from October 19, 2026.

When is NetApp, Inc.'s next earnings report?

NetApp, Inc.'s next report is expected around November 24, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

Does NetApp, Inc. pay a dividend?

Yes. NetApp, Inc. declared dividends of $2.08 per share in fiscal 2026, a yield of 1.18% at the current price.

Similar companies

Compare NTAP with

Compare NTAP with any company

Follow NTAP

Get an email when NetApp, Inc. files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when NTAP files with the SEC.

Where the numbers come from

Financial figures are the values NetApp, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.