NetApp (NTAP) Consolidated Net Income (2009 - 2026)
NetApp (NTAP) posted quarterly Consolidated Net Income of -$526.0 million for Q2 2026, down 97.74% year-over-year from -$23.3 billion in Q2 2025, and down 257.49% on a QoQ basis from $334.0 million in Q1 2026.
NetApp (NTAP) Consolidated Net Income (2009 - 2026) Analysis & Trends
NetApp (NTAP) has reported Consolidated Net Income for 18 consecutive years, with -$526.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Consolidated Net Income fell 97.74% year-over-year to -$526.0 million; the TTM figure through Apr 2026 stood at $346.0 million (down 40.34% YoY), while the FY2026 annual figure was $346.0 million, down 40.34% from the prior year.
- Consolidated Net Income came in at -$526.0 million for Q2 2026 at NetApp, down from $334.0 million in the prior quarter.
- The five-year high for Consolidated Net Income was $750.0 million in Q4 2022, with the low at -$526.0 million in Q2 2026.
- Average Consolidated Net Income over 5 years is $128.5 million, with a median of $240.5 million recorded in 2023.
- Across the five-year window, Consolidated Net Income plunged 254.83% in 2023 and surged 381.54% in 2024, its largest moves.
- Year by year, Consolidated Net Income stood at $750.0 million in 2022, then tumbled by 68.93% to $233.0 million in 2023, then climbed by 28.33% to $299.0 million in 2024, then increased by 2.01% to $305.0 million in 2025, then sank by 272.46% to -$526.0 million in 2026.
- According to Business Quant data, Consolidated Net Income over the past three periods registered -$526.0 million, $334.0 million, and $305.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 4.30 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 876.40 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 432.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 61.44 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 534.60 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -22.90 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -308.60 Mn |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | -526.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -526.00 Mn |
| Jan 23, 2026 | 334.00 Mn |
| Oct 24, 2025 | 305.00 Mn |
| Jul 25, 2025 | 233.00 Mn |
| Apr 25, 2025 | -266.00 Mn |
| Jan 24, 2025 | 299.00 Mn |
| Oct 25, 2024 | 299.00 Mn |
| Jul 26, 2024 | 248.00 Mn |
| Apr 26, 2024 | -447.00 Mn |
| Jan 26, 2024 | 313.00 Mn |
| Oct 27, 2023 | 233.00 Mn |
| Jul 28, 2023 | 149.00 Mn |
| Apr 28, 2023 | -401.00 Mn |
| Jan 27, 2023 | 65.00 Mn |
| Oct 28, 2022 | 750.00 Mn |
| Jul 29, 2022 | 214.00 Mn |
| Apr 29, 2022 | 259.00 Mn |
| Jan 28, 2022 | 252.00 Mn |
| Oct 29, 2021 | 224.00 Mn |
| Jul 30, 2021 | 202.00 Mn |