NetApp (NTAP) EBIT (2009 - 2026)
NetApp (NTAP) posted EBIT of $484.0 million for Q3 2026, down 9.02% on a QoQ basis from $532.0 million in Q2 2026, and up 56.63% year-over-year from $309.0 million in Q3 2025.
Analysis
NetApp (NTAP) EBIT (2009 - 2026) Analysis & Trends
NetApp has reported EBIT for 18 years, with the latest figure at $484.0 million in Q3 2026.
- On a quarterly basis, EBIT rose 56.63% year-over-year to $484.0 million in Q3 2026; TTM through Jul 2026 was $1.8 billion, a 35.56% increase from a year earlier, with the FY2026 full-year figure at $1.7 billion, up 25.21% from the prior year.
- EBIT was $484.0 million for Q3 2026 at NetApp, down from $532.0 million in the prior quarter.
- The five-year high for EBIT was $532.0 million in Q2 2026, with the low at $172.0 million in Q1 2023.
- Average EBIT over 5 years is $333.7 million, with a median of $321.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: EBIT sank 46.42% in 2023, then surged 112.79% in 2024.
- Over 5 years, EBIT stood at $282.0 million in 2022, then increased by 7.8% to $304.0 million in 2023, then rose by 13.49% to $345.0 million in 2024, then grew by 15.65% to $399.0 million in 2025, then gained by 21.3% to $484.0 million in 2026.
- The last three EBIT figures came in at $484.0 million (Q3 2026), $532.0 million (Q2 2026), and $434.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 3.66 Bn |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 7.04 Bn |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | 1.38 Bn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 1.56 Bn |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 1.56 Bn |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 1.39 Bn |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 484.00 Mn |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | 63.16 Mn |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 1.49 Bn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | 50.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 484.00 Mn |
| Apr 24, 2026 | 532.00 Mn |
| Jan 23, 2026 | 434.00 Mn |
| Oct 24, 2025 | 399.00 Mn |
| Jul 25, 2025 | 309.00 Mn |
| Apr 25, 2025 | 348.00 Mn |
| Jan 24, 2025 | 362.00 Mn |
| Oct 25, 2024 | 345.00 Mn |
| Jul 26, 2024 | 282.00 Mn |
| Apr 26, 2024 | 366.00 Mn |
| Jan 26, 2024 | 366.00 Mn |
| Oct 27, 2023 | 304.00 Mn |
| Jul 28, 2023 | 178.00 Mn |
| Apr 28, 2023 | 309.00 Mn |
| Jan 27, 2023 | 172.00 Mn |
| Oct 28, 2022 | 282.00 Mn |
| Jul 29, 2022 | 255.00 Mn |
| Apr 29, 2022 | 293.00 Mn |
| Jan 28, 2022 | 321.00 Mn |
| Oct 29, 2021 | 294.00 Mn |