NetApp (NTAP) Cost of Revenue (2009 - 2026)

NetApp has disclosed Cost of Revenue across 18 years of filings, most recently posting $488.0 million for Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue fell 11.59% year-over-year to $488.0 million; the trailing twelve-month figure through Apr 2026 stood at $1.9 billion (down 2.08% YoY), and the FY2026 full-year result was $1.9 billion, down 4.59% from the prior year.
• Cost of Revenue was $488.0 million for Q2 2026 at NetApp, down from $504.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $766.0 million in Q2 2023 and troughed at $436.0 million in Q3 2023.
• The 5-year median for Cost of Revenue is $478.5 million (2022), against an average of $503.7 million.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 115.22% in 2022, then tumbled 35.77% in 2024.
• Year by year, 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 retreated by 0.62% to $478.0 million in 2025, then grew by 2.09% to $488.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $488.0 million in Q2 2026, $504.0 million in Q1 2026, and $478.0 million in Q4 2025.