NetApp (NTAP) Net Income (2009 - 2026)
NetApp (NTAP) reported Net Income of $375 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 60.9% from $233 million a year earlier but down 7.2% from the prior quarter.
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Analysis
NetApp (NTAP) Net Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, NetApp's Net Income came in at $1.42 billion, up 21.1% year-over-year; for FY2026 (ended Apr 24, 2026), it was $1.28 billion, up 7.6% from FY2025.
- Net Income has a five-year compound annual growth rate of 11.8% (FY2021 to FY2026).
- By fiscal year, Net Income came in at $1.19 billion in FY2025 (+20.3%), $986 million in FY2024 (-22.6%), $1.27 billion in FY2023 (+36.0%) and $937 million in FY2022 (+28.4%).
- Five-year quarterly Net Income spans a low of $65 million in fiscal Q3 2023 and a high of $750 million in fiscal Q2 2023.
- Year over year, Net Income has now increased in each of the last four quarters, with growth averaging 16.0% over the last eight quarters.
- The high point for year-over-year Net Income in five years was fiscal Q3 2024 (growth of 381.5%); the low point was fiscal Q3 2023 (a decline of 74.2%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $404 million (Q4 2026), $334 million (Q3 2026) and $305 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 29.79 Bn |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 3.86 Bn |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 4.13 Bn |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 1.21 Bn |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 6.90 Bn |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 1.29 Bn |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 3.20 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 2.81 Bn |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 1.54 Bn |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 375.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 375.00 Mn |
| Apr 24, 2026 | 404.00 Mn |
| Jan 23, 2026 | 334.00 Mn |
| Oct 24, 2025 | 305.00 Mn |
| Jul 25, 2025 | 233.00 Mn |
| Apr 25, 2025 | 340.00 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 | 245.00 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 |
API Access
NetApp Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=NTAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();