NTAP financials
NetApp, Inc. · end-of-day data as of Oct 16, 2026
NetApp, Inc.
$203.80+21.8%
Buy · 21 analystsPT $222.64 +9.2%
NTAP reported revenue of $2.02B for the quarter ended Jul 31, 2026 (Q1 FY2027), up 29.9% from a year earlier. It posted diluted EPS of $1.88, free cash flow of $401M and a net margin of 18.5%.
Valuation
- P/E28.7x
- P/E vs own+45.8%
- P/E vs sector-13.9%
- FCF yield+4.1%
- Market cap$40.03B
Quarterly results
Q1 FY2027: Revenue +29.9% year over year, free cash flow 19.8% of revenue, operating margin 26.7%.
RevenueFree cash flow
| Q1 FY2027 | Jul 31, 2026 | $2.02B | 1.88 | $401M | 70.1% | 26.7% | 18.5% |
| Q4 FY2026 | Apr 24, 2026 | $1.95B | 2.03 | $900M | 70.1% | 27.3% | 20.7% |
| Q3 FY2026 | Jan 23, 2026 | $1.71B | 1.67 | $271M | 70.6% | 25.2% | 19.5% |
| Q2 FY2026 | Oct 24, 2025 | $1.71B | 1.51 | $78M | 72.0% | 23.4% | 17.9% |
| Q1 FY2026 | Jul 25, 2025 | $1.56B | 1.15 | $620M | 70.4% | 19.8% | 14.9% |
| Q4 FY2025 | Apr 25, 2025 | $1.73B | 1.65 | $640M | 68.9% | 20.1% | 19.6% |
| Q3 FY2025 | Jan 24, 2025 | $1.64B | 1.44 | $338M | 69.8% | 22.1% | 18.2% |
| Q2 FY2025 | Oct 25, 2024 | $1.66B | 1.42 | $60M | 71.0% | 20.8% | 18.0% |
| Q1 FY2025 | Jul 26, 2024 | $1.54B | 1.17 | $300M | 71.3% | 18.3% | 16.1% |
| Q4 FY2024 | Apr 30, 2024 | $1.67B | 1.37 | $567M | 70.5% | 22.0% | 17.5% |
| Q3 FY2024 | Jan 26, 2024 | $1.61B | 1.48 | $448M | 71.7% | 22.8% | 19.5% |
| Q2 FY2024 | Oct 27, 2023 | $1.56B | 1.10 | $97M | 71.1% | 19.5% | 14.9% |