Companies / Information Technology
NTAP
NetApp
Technology Hardware, Storage & Peripherals
Technology Hardware, Storage & PeripheralsAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health75
Growth39
Profitability80
Cash generation100
Balance sheet67
Dilution control87
Key ratios and five-year financials
Latest quarter revenue YoY (2026-07-31)29.9%Revenue growth (FY)5.4%Revenue CAGR (3y)2.9%Gross margin70.7%Operating margin24.2%Net margin18.4%Free cash flow margin27.0%R&D / revenue14.3%Stock comp / revenue5.5%Net debt / operating cash flow0.20xCurrent ratio1.44Diluted share count change-3.8%
| Fiscal year ending | FY 2022-04 | FY 2023-04 | FY 2024-04 | FY 2025-04 | FY 2026-04 |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.4B | $6.3B | $6.6B | $6.9B |
| Gross profit | $4.2B | $4.2B | $4.4B | $4.6B | $4.9B |
| Operating income | $1.2B | $1.0B | $1.2B | $1.3B | $1.7B |
| Net income | $937M | $1.3B | $986M | $1.2B | $1.3B |
| Operating cash flow | $1.2B | $1.1B | $1.7B | $1.5B | $2.1B |
| Capital expenditure | $226M | $239M | $155M | $168M | $198M |
| Free cash flow | $985M | $868M | $1.5B | $1.3B | $1.9B |
| R&D | $881M | $956M | $1.0B | $1.0B | $991M |
| Stock-based comp | $245M | $312M | $357M | $386M | $382M |
| Buybacks | $600M | $850M | $900M | $1.1B | $950M |
| Dividends | $446M | $432M | $416M | $424M | $413M |
| Cash | $4.1B | $2.3B | $1.9B | $2.7B | $2.1B |
| Total debt | $2.9B | $2.4B | $2.8B | $4.0B | $2.5B |
| Equity | $838M | $1.2B | $1.1B | $1.0B | $1.4B |
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