NETAPP, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 4/24/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 2,487 | 64.8 |
| Stockholders' equity | 1,351 | 35.2 |
| Total capitalization | 3,838 | 100.0 |
196,419,005 shares outstanding at 28 August 2026 (cover page of the 10-Q filed 2 September 2026).
LONG-TERM DEBT 4/24/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 2,487 |
| Long-term debt, noncurrent | 2,487 |
| Current maturities | 0 |
| Short-term borrowings / commercial paper | 0 |
CAPITAL STOCK 4/24/26
| Common shares authorized | 885,000,000 |
| Common shares issued | 196,000,000 |
| Par or stated value per share ($) | 0.001 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 8/28/26 | 196,419,005 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | 2.08 | 32.8 |
| 2025 | 2.08 | 36.7 |
| 2024 | 2.00 | 43.2 |
| 2023 | 2.00 | 34.5 |
| 2022 | 2.00 | 48.9 |
HISTORY AND BUSINESS
HISTORY: Incorporated in California. Formerly known as NETWORK APPLIANCE INC (to 12 May 2008).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3572, Computer Storage Devices. Large accelerated filer. Principal executive office: 3060 Olsen Drive, San Jose, CA 95128. Fiscal year ends April 24. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 4/24/26 | 4/25/25 | 4/26/24 |
|---|---|---|---|
| Revenues | 6,925 | 6,572 | 6,268 |
| Cost of revenues | 2,026 | 1,959 | 1,835 |
| Gross profit | 4,899 | 4,613 | 4,433 |
| Research and development | 991 | 1,012 | 1,029 |
| Depreciation and amortization | 179 | 196 | 198 |
| Operating income | 1,674 | 1,337 | 1,214 |
| Interest expense | 109 | 64 | 64 |
| Income before income taxes | 1,648 | 1,383 | 1,263 |
| Income taxes | 372 | 197 | 277 |
| Net income | 1,276 | 1,186 | 986 |
| Earned per share, diluted ($) | 6.35 | 5.67 | 4.63 |
| Dividends per share ($) | 2.08 | 2.08 | 2.00 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 4/24/26 | 4/25/25 |
|---|---|---|
| Cash and equivalents | 2,070 | 2,742 |
| Receivables, net | 1,286 | 1,246 |
| Inventories | 198 | 186 |
| Total current assets | 5,776 | 5,851 |
| Property, plant and equipment, net | 592 | 563 |
| Goodwill | 2,772 | 2,723 |
| Total assets | 10,744 | 10,823 |
| Total current liabilities | 4,021 | 4,662 |
| Long-term debt | 2,487 | 2,485 |
| Total liabilities | 9,393 | 9,783 |
| Stockholders' equity | 1,351 | 1,040 |
| Total liabilities and equity | 10,744 | 10,823 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4/24/26 | 6,925 | 1,674 | 1,276 | 18.4 | 6.35 | 2.08 | 2,067 | 198 | 1,869 | 10,744 | 9,393 | 2,487 | 1,351 | 94.4 | 1.84 |
| 4/25/25 | 6,572 | 1,337 | 1,186 | 18.0 | 5.67 | 2.08 | 1,506 | 168 | 1,338 | 10,823 | 9,783 | 3,235 | 1,040 | 114.0 | 3.11 |
| 4/26/24 | 6,268 | 1,214 | 986 | 15.7 | 4.63 | 2.00 | 1,685 | 155 | 1,530 | 9,887 | 8,741 | 2,392 | 1,146 | 86.0 | 2.09 |
| 4/28/23 | 6,362 | 1,018 | 1,274 | 20.0 | 5.79 | 2.00 | 1,107 | 239 | 868 | 9,818 | 8,659 | 2,389 | 1,159 | 109.9 | 2.06 |
| 4/29/22 | 6,318 | 1,157 | 937 | 14.8 | 4.09 | 2.00 | 1,211 | 226 | 985 | 10,026 | 9,188 | 2,636 | 838 | 111.8 | 3.15 |
| 4/30/21 | 5,744 | 1,031 | 730 | 12.7 | 3.23 | 1.92 | 1,333 | 162 | 1,171 | 9,360 | 8,675 | 2,632 | 685 | 106.6 | 3.84 |
| 4/24/20 | 5,412 | 945 | 819 | 15.1 | 3.52 | 1.92 | 1,060 | 124 | 936 | 7,522 | 7,280 | 1,668 | 242 | 338.4 | 6.89 |
| 4/26/19 | 6,146 | 1,221 | 1,169 | 19.0 | 4.51 | 1.60 | 1,341 | 173 | 1,168 | 8,741 | 7,651 | 1,793 | 1,090 | 107.2 | 1.64 |
| 4/27/18 | 5,919 | 1,158 | 116 | 2.0 | 0.42 | 0.80 | 1,478 | 145 | 1,333 | 9,991 | 7,715 | 1,926 | 2,276 | 5.1 | 0.85 |
| 4/28/17 | 5,491 | 621 | 481 | 8.8 | 1.71 | 0.76 | 986 | 175 | 811 | 9,493 | 6,713 | 1,493 | 2,949 | 16.3 | 0.51 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
NetApp, Inc.
CIK 1002047 · EIN 77-0307520
PRINCIPAL OFFICE:
3060 Olsen Drive, San Jose, CA 95128
Tel.: 4088226000
INCORPORATED:
California
INDUSTRY (SEC SIC CODE):
3572 · Computer Storage Devices
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 4/24/26, filed 5 June 2026
FORMER NAMES:
NETWORK APPLIANCE INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 6/5/26) · 10-K FY2025 (filed 6/9/25) · 10-K FY2024 (filed 6/10/24) · 10-K FY2023 (filed 6/14/23) · 10-K FY2022 (filed 6/16/22) · 10-K FY2021 (filed 6/21/21) · 10-K FY2020 (filed 6/15/20) · 10-K FY2019 (filed 6/18/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.