NetApp (NTAP) Net Income (2009 - 2026)
NetApp (NTAP) recorded quarterly Net Income of -$526.0 million in Q2 2026, down 257.49% quarter-over-quarter from $334.0 million in Q1 2026, and down 97.74% year-on-year from -$23.3 billion in Q2 2025.
NetApp (NTAP) Net Income (2009 - 2026) Analysis & Trends
NetApp has disclosed Net Income across 18 years of filings, most recently posting -$526.0 million for Q2 2026.
- For the quarter ending Q2 2026, Net Income fell 97.74% year-over-year to -$526.0 million; the trailing twelve-month figure through Apr 2026 stood at $346.0 million (down 40.34% YoY), and the FY2026 full-year result was $346.0 million, down 40.34% from the prior year.
- Net Income was -$526.0 million for Q2 2026 at NetApp, down from $334.0 million in the prior quarter.
- Over five years, Net Income peaked at $750.0 million in Q4 2022 and troughed at -$526.0 million in Q2 2026.
- The 5-year median for Net Income is $240.5 million (2023), against an average of $128.5 million.
- The sharpest annual moves came in 2023 and 2024: Net Income sank 254.83% in 2023, then jumped 381.54% in 2024.
- Year by year, Net Income stood at $750.0 million in 2022, then slumped by 68.93% to $233.0 million in 2023, then grew by 28.33% to $299.0 million in 2024, then rose by 2.01% to $305.0 million in 2025, then plunged by 272.46% to -$526.0 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$526.0 million in Q2 2026, $334.0 million in Q1 2026, and $305.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -22.90 Mn |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | -526.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |