NTAP · Q3 FY26 · Oct 25, 2025 – Jan 23, 2026
NetApp Q3 FY26: where the revenue came from and where it went
NetApp Q3 FY26: revenue $1.7B (+4% year over year). Net profit $0.3B. Largest cohort Product $0.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 25, 2025 – Jan 23, 2026
- Reported
- Feb 26, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$1.7B
+4% year over year
Gross profit$1.2B
71% margin
Operating profit$0.4B
25% margin
Net profit$0.3B
19% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.7 | 100% | +4% |
| Product | 0.8 | 47% | +4% |
| Support | 0.7 | 41% | +5% |
| Public Cloud | 0.2 | 12% | +0% |
| Professional | 0.1 | 6% | +13% |
| Cost of revenue | −0.5 | 29% | |
| Gross profit | 1.2 | 71% margin | +1pp |
| Research & development | −0.2 | 14% | −1pp |
| Sales & marketing | −0.5 | 27% | −1pp |
| G&A | −0.1 | 5% | +1pp |
| Operating profit | 0.4 | 25% margin | +3pp |
| Tax | −0.1 | ||
| Net profit | 0.3 | 19% | +1pp |
Older quarters
-
Q2 FY25 10/2025Revenue $1.7B Net margin 18%
-
Q1 FY25 7/2025Revenue $1.6B Net margin 15%
-
Q3 FY25 1/2025Revenue $1.6B Net margin 18%
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