NetApp Q3 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
- Oct 25, 2025 – Jan 23, 2026
- Reported
- Feb 26, 2026
Revenue$1.71B
+4% year over year
Gross profit$1.21B
71% margin
Operating profit$0.43B
25% margin
Net profit$0.33B
19% margin
The numbers
| 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 |
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