FINHUB Insights

NTAP · Q2 FY26 · Jul 26 – Oct 24, 2025

NetApp Q2 FY26: where the revenue came from and where it went

NetApp Q2 FY26: revenue $1.7B (+3% year over year). Net profit $0.31B. Largest cohort Product $0.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 26 – Oct 24, 2025
Reported
Nov 25, 2025 10-Q
Sankey diagram of NetApp's income statement for Q2 FY26: revenue of $1.71 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.71B +3% year over year
Gross profit$1.23B 72% margin
Operating profit$0.40B 23% margin
Net profit$0.31B 18% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Oct 24, 2025).
ItemValueShare of revenueYear 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−0.4828%
Gross profit1.2372% margin+1pp
R&D−0.2515%−1pp
Sales & marketing−0.4727%−2pp
G&A−0.095%+1pp
Other−0.021%+0pp
Operating profit0.4023% margin+3pp
Tax−0.09
Net profit0.3118%+0pp
Filing on EDGAR More quarters of NTAP

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.