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

NetApp has reported Cost of Revenue over the past 18 years, most recently at $455.0 million for Q1 2026.

  • Quarterly results put Cost of Revenue at $455.0 million for Q1 2026, down 8.27% from a year ago — trailing twelve months through Jan 2026 was $1.9 billion (down 2.94% YoY), and the annual figure for FY2025 was $1.9 billion, up 2.02%.
  • Cost of Revenue for Q1 2026 was $455.0 million at NetApp, down from $478.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for NTAP hit a ceiling of $546.0 million in Q3 2022 and a floor of $350.0 million in Q2 2022.
  • Median Cost of Revenue over the past 5 years was $461.0 million (2022), compared with a mean of $462.1 million.
  • Biggest five-year swings in Cost of Revenue: decreased 21.7% in 2022 and later grew 26.29% in 2023.
  • NetApp's Cost of Revenue stood at $479.0 million in 2022, then dropped by 3.76% to $461.0 million in 2023, then grew by 4.34% to $481.0 million in 2024, then dropped by 0.62% to $478.0 million in 2025, then dropped by 4.81% to $455.0 million in 2026.
  • The last three reported values for Cost of Revenue were $455.0 million (Q1 2026), $478.0 million (Q4 2025), and $461.0 million (Q3 2025) per Business Quant data.