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
DateValue
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