Growth Metrics

NetApp (NTAP) Cost of Revenue (2016 - 2026)

NetApp (NTAP) has 18 years of Cost of Revenue data on record, last reported at $504.0 million in Q1 2026.

  • For Q1 2026, Cost of Revenue rose 8.62% year-over-year to $504.0 million; the TTM value through Jan 2026 reached $1.9 billion, down 1.26%, while the annual FY2025 figure was $1.9 billion, 1.63% up from the prior year.
  • Cost of Revenue reached $504.0 million in Q1 2026 per NTAP's latest filing, up from $478.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $721.0 million in Q2 2022 and bottomed at $279.0 million in Q2 2023.
  • Average Cost of Revenue over 5 years is $484.4 million, with a median of $478.0 million recorded in 2025.
  • Peak YoY movement for Cost of Revenue: tumbled 61.3% in 2023, then soared 76.34% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $479.0 million in 2022, then fell by 3.76% to $461.0 million in 2023, then increased by 5.21% to $485.0 million in 2024, then decreased by 1.44% to $478.0 million in 2025, then increased by 5.44% to $504.0 million in 2026.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $504.0 million in Q1 2026, $478.0 million in Q4 2025, and $461.0 million in Q3 2025.