NetApp NTAP
NASDAQ NTAP
$186.08 +0.49 (+0.26%)
As of: Sep 8, 2026 · 12:37 PM EDT

NetApp (NTAP) Operating Expenses (2009 - 2026)

NetApp (NTAP) posted Operating Expenses of $935.0 million for Q3 2026, up 12.24% on a QoQ basis from $833.0 million in Q2 2026, and up 18.5% year-over-year from $789.0 million in Q3 2025.

Analysis

NetApp (NTAP) Operating Expenses (2009 - 2026) Analysis & Trends

NetApp has reported Operating Expenses for 18 years, with the latest figure at $935.0 million in Q3 2026.

  • On a quarterly basis, Operating Expenses rose 18.5% year-over-year to $935.0 million in Q3 2026; TTM through Jul 2026 was $3.4 billion, a 3.76% increase from a year earlier, with the FY2026 full-year figure at $3.2 billion, down 1.56% from the prior year.
  • Operating Expenses was $935.0 million for Q3 2026 at NetApp, up from $833.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $935.0 million in Q3 2026, with the low at $752.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $810.2 million, with a median of $806.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 37.24% in 2022, then decreased 5.31% in 2024.
  • Over 5 years, Operating Expenses stood at $805.0 million in 2022, then gained by 0.12% to $806.0 million in 2023, then grew by 3.23% to $832.0 million in 2024, then slipped by 0.48% to $828.0 million in 2025, then rose by 12.92% to $935.0 million in 2026.
  • The last three Operating Expenses figures came in at $935.0 million (Q3 2026), $833.0 million (Q2 2026), and $775.0 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 343.61 Bn 332.04 Bn 7.78 Bn 4.13 Bn
2 Sandisk 263.82 Bn 259.06 Bn 7.58 Bn 545.00 Mn
3 Arista Networks 249.95 Bn 236.60 Bn 1.91 Bn 532.30 Mn
4 Seagate Technology Holdings 196.21 Bn 194.50 Bn 1.90 Bn 2.07 Bn
5 Western Digital 165.25 Bn 163.67 Bn 2.03 Bn 465.00 Mn
6 Hewlett Packard Enterprise 73.33 Bn 67.12 Bn 4.93 Bn 10.82 Bn
7 NetApp 36.42 Bn 32.85 Bn 1.42 Bn 935.00 Mn
8 Everpure 33.45 Bn 32.44 Bn 811.39 Mn 748.23 Mn
9 Super Micro Computer 24.46 Bn 16.94 Bn 1.94 Bn 454.57 Mn
10 Penguin Solutions 2.65 Bn 2.21 Bn 133.21 Mn 82.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 935.00 Mn
Apr 24, 2026 833.00 Mn
Jan 23, 2026 775.00 Mn
Oct 24, 2025 828.00 Mn
Jul 25, 2025 789.00 Mn
Apr 25, 2025 845.00 Mn
Jan 24, 2025 783.00 Mn
Oct 25, 2024 832.00 Mn
Jul 26, 2024 816.00 Mn
Apr 26, 2024 810.00 Mn
Jan 26, 2024 785.00 Mn
Oct 27, 2023 806.00 Mn
Jul 28, 2023 818.00 Mn
Apr 28, 2023 766.00 Mn
Jan 27, 2023 829.00 Mn
Oct 28, 2022 805.00 Mn
Jul 29, 2022 791.00 Mn
Apr 29, 2022 796.00 Mn
Jan 28, 2022 752.00 Mn
Oct 29, 2021 765.00 Mn