NetApp Q1 FY27: 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
- 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
| 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 |
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