NetApp

NTAP Information Technology Market cap $36.9B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY27 Apr 25 – Jul 31, 2026 reported Sep 2, 2026

Revenue$1.82B +17% year over year

Gross profit$1.42B 78% margin

Operating profit$0.48B 27% margin

Net profit$0.38B 21% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY27 (period ends Jul 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.82	100%	+17%
Product	0.99	54%	+51%
Support	0.72	40%	+11%
Professional	0.11	6%	+15%
Cost of revenue	−0.40	22%
Gross profit	1.42	78% margin
R&D	−0.27	15%	−2pp
Sales & marketing	−0.51	28%
G&A	−0.10	5%	−1pp
Other	−0.06	3%
Operating profit	0.48	27% margin
Tax	−0.11
Net profit	0.38	21% margin

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Jan 23, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.71	100%	+4%
Product	0.79	46%	+4%
Support	0.65	38%	+5%
Public cloud	0.17	10%	+0%
Professional	0.10	6%	+13%
Cost of revenue	−0.50	29%
Gross profit	1.21	71% margin	+1pp
R&D	−0.24	14%	−1pp
Sales & marketing	−0.45	26%	−1pp
G&A	−0.09	5%	+1pp
Operating profit	0.43	25% margin	+3pp
Tax	−0.10
Net profit	0.33	19% margin	+1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Oct 24, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.71	100%	+3%
Product	0.79	46%	+3%
Support	0.65	38%	+2%
Public cloud	0.17	10%	+2%
Professional	0.10	6%	+14%
Cost of revenue	−0.48	28%
Gross profit	1.23	72% margin	+1pp
R&D	−0.25	15%	−1pp
Sales & marketing	−0.47	27%	−2pp
G&A	−0.09	5%	+1pp
Other	−0.02	2%	+0pp
Operating profit	0.40	23% margin	+3pp
Tax	−0.09
Net profit	0.31	18% margin	+0pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Jul 25, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.56	100%	+1%
Product	0.65	42%	−2%
Support	0.65	42%	+3%
Public cloud	0.16	10%	+1%
Professional	0.10	6%	+18%
Cost of revenue	−0.46	30%
Gross profit	1.10	70% margin	−1pp
R&D	−0.24	16%	−1pp
Sales & marketing	−0.46	30%	−1pp
G&A	−0.08	5%	+1pp
Operating profit	0.31	20% margin	+2pp
Tax	−0.08
Net profit	0.23	15% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Jan 24, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.64	100%	+2%
Product	0.76	46%	+1%
Support	0.62	38%	−2%
Public cloud	0.17	11%	+15%
Professional	0.09	5%	+14%
Cost of revenue	−0.50	30%
Gross profit	1.15	70% margin	−2pp
R&D	−0.25	15%	+0pp
Sales & marketing	−0.45	27%	+0pp
G&A	−0.07	5%	−1pp
Other	−0.01	1%	+0pp
Operating profit	0.36	22% margin	−1pp
Tax	−0.06
Net profit	0.30	18% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY27 Apr 25 – Jul 31, 2026 reported Sep 2, 2026 Operating margin 27% Net profit $0.38B	Apr 25 – Jul 31, 2026	Sep 2, 2026	$1.82B	+17%	27%	$0.38B	21%
Q3 FY26 Oct 25, 2025 – Jan 23, 2026 reported Feb 26, 2026 Operating margin 25% Net profit $0.33B	Oct 25, 2025 – Jan 23, 2026	Feb 26, 2026	$1.71B	+4%	25%	$0.33B	19%
Q2 FY26 Jul 26 – Oct 24, 2025 reported Nov 25, 2025 Operating margin 23% Net profit $0.31B	Jul 26 – Oct 24, 2025	Nov 25, 2025	$1.71B	+3%	23%	$0.31B	18%
Q1 FY26 Apr 26 – Jul 25, 2025 reported Aug 27, 2025 Operating margin 20% Net profit $0.23B	Apr 26 – Jul 25, 2025	Aug 27, 2025	$1.56B	+1%	20%	$0.23B	15%
Q3 FY25 Oct 26, 2024 – Jan 24, 2025 reported Feb 27, 2025 Operating margin 22% Net profit $0.30B	Oct 26, 2024 – Jan 24, 2025	Feb 27, 2025	$1.64B	+2%	22%	$0.30B	18%