NetApp Q2 FY26: where the revenue came from and where it went
The whole income statement of NetApp for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 26 – Oct 24, 2025
- Reported
- Nov 25, 2025
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
| 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 |
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