NetApp NTAP
NASDAQ NTAP
$185.59 +0.21 (+0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

NetApp (NTAP) Net Income (2009 - 2026)

NetApp (NTAP) posted Net Income of $375.0 million for Q3 2026, up 9.97% on a QoQ basis from $341.0 million in Q2 2026, and up 60.94% year-over-year from $233.0 million in Q3 2025.

Analysis

NetApp (NTAP) Net Income (2009 - 2026) Analysis & Trends

NetApp has reported Net Income for 18 years, with the latest figure at $375.0 million in Q3 2026.

  • On a quarterly basis, Net Income rose 60.94% year-over-year to $375.0 million in Q3 2026; TTM through Jul 2026 was $1.4 billion, a 26.52% increase from a year earlier, with the FY2026 full-year figure at $1.2 billion, up 11.69% from the prior year.
  • Net Income was $375.0 million for Q3 2026 at NetApp, up from $341.0 million in the prior quarter.
  • The five-year high for Net Income was $750.0 million in Q4 2022, with the low at -$361.0 million in Q2 2023.
  • Average Net Income over 5 years is $247.1 million, with a median of $252.0 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Net Income tumbled 413.91% in 2023, then soared 381.54% in 2024.
  • Over 5 years, Net Income stood at $750.0 million in 2022, then sank by 68.93% to $233.0 million in 2023, then gained by 28.33% to $299.0 million in 2024, then climbed by 2.01% to $305.0 million in 2025, then rose by 22.95% to $375.0 million in 2026.
  • The last three Net Income figures came in at $375.0 million (Q3 2026), $341.0 million (Q2 2026), and $334.0 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Dell Technologies 340.03 Bn 328.45 Bn 7.78 Bn 3.44 Bn
2 Sandisk 254.04 Bn 249.28 Bn 7.58 Bn 6.90 Bn
3 Arista Networks 244.37 Bn 231.03 Bn 1.91 Bn 1.21 Bn
4 Seagate Technology Holdings 192.61 Bn 190.91 Bn 1.90 Bn 1.29 Bn
5 Western Digital 168.75 Bn 167.17 Bn 2.03 Bn 3.20 Bn
6 Hewlett Packard Enterprise 69.08 Bn 62.86 Bn 4.93 Bn 1.54 Bn
7 NetApp 36.45 Bn 32.88 Bn 1.42 Bn 375.00 Mn
8 Everpure 33.13 Bn 32.12 Bn 811.39 Mn 74.15 Mn
9 Super Micro Computer 26.01 Bn 18.48 Bn 1.94 Bn 1.18 Bn
10 Penguin Solutions 2.65 Bn 2.41 Bn 133.21 Mn 46.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 375.00 Mn
Apr 24, 2026 341.00 Mn
Jan 23, 2026 334.00 Mn
Oct 24, 2025 305.00 Mn
Jul 25, 2025 233.00 Mn
Apr 25, 2025 240.00 Mn
Jan 24, 2025 299.00 Mn
Oct 25, 2024 299.00 Mn
Jul 26, 2024 248.00 Mn
Apr 26, 2024 291.00 Mn
Jan 26, 2024 313.00 Mn
Oct 27, 2023 233.00 Mn
Jul 28, 2023 149.00 Mn
Apr 28, 2023 -361.00 Mn
Jan 27, 2023 65.00 Mn
Oct 28, 2022 750.00 Mn
Jul 29, 2022 214.00 Mn
Apr 29, 2022 115.00 Mn
Jan 28, 2022 252.00 Mn
Oct 29, 2021 224.00 Mn