NetApp (NTAP) Income Statement: Revenue & Earnings

NetApp Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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NetApp, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017
Revenue & Gross Profit
Revenue	6.57	6.27	6.36	6.32	5.74	5.41	6.15	5.91	5.52
Cost of Revenue	1.96	1.84	2.15	2.10	1.93	1.79	2.20	2.21	2.13
Gross Profit	4.61	4.43	4.21	4.22	3.82	3.62	3.95	3.70	3.39
Operating Expenses
Research & Development	1.01	1.03	0.96	0.88	0.88	0.85	0.83	0.78	0.78
Selling, General & Administrative	2.18	2.14	2.09	2.14	2.00	1.85	1.94	2.01	1.90
Operating Expenses	3.19	3.17	3.05	3.06	2.78	2.68	2.72	2.79	2.68
Operating Income	1.43	1.27	1.16	1.16	1.03	0.95	1.22	1.13	0.67
Other Income/Expense
Interest Income	0.11	0.11	0.07	0.01	0.01	0.05	0.09	0.08	0.04
Interest Expense	0.06	0.06	0.07	0.07	0.07	0.06	0.06	0.06	0.05
Other Income/Expense	-0.09	-0.05	-0.10	-0.06	-0.07	0.00	0.05	0.04	0.00
Income
Income Before Tax	1.38	1.26	1.07	1.10	0.96	0.94	1.27	1.17	0.67
Income Tax Expense	0.20	0.28	-0.21	0.16	0.23	0.13	0.10	1.09	0.16
Net Income	1.19	0.99	1.27	0.94	0.73	0.82	1.17	0.08	0.51
Net Income - Continuous Operations	1.19	0.99	1.27	0.94	0.73	0.82	1.17	0.08	0.51
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	1.69	1.58	1.38	1.36	1.30	1.24	1.52	1.46	0.94
EBIT	1.45	1.33	1.13	1.17	1.03	0.00	0.00	0.00	0.00
Depreciation & Amortization	0.24	0.26	0.25	0.19	0.26	0.24	0.20	0.20	0.23
Earnings Per Share
Basic EPS	6.00	5.00	6.00	4.00	3.00	4.00	5.00	-	2.00
Diluted EPS	6.00	5.00	6.00	4.00	3.00	4.00	5.00	-	2.00
Basic Shares Outstanding	0.20	0.21	0.22	0.22	0.22	0.23	0.25	0.27	0.28
Diluted Shares Outstanding	0.21	0.21	0.22	0.23	0.23	0.23	0.26	0.28	0.28