NetApp (NTAP) Operating Expenses (2009 - 2026)

NetApp's (NTAP) quarterly Operating Expenses came in at $833.0 million in Q2 2026, down 1.42% year-on-year from $845.0 million in Q2 2025, and up 7.48% quarter-over-quarter from $775.0 million in Q1 2026.

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

NetApp's Operating Expenses history runs 18 years deep, the most recent figure standing at $833.0 million for Q2 2026.

  • On a quarterly basis, Operating Expenses fell 1.42% year-over-year to $833.0 million in Q2 2026; TTM through Apr 2026 was $3.2 billion, a 1.56% decrease from a year earlier, with the FY2026 full-year figure at $3.2 billion, down 1.56% from the prior year.
  • Operating Expenses improved to $833.0 million in Q2 2026 per NTAP's latest filing, from $775.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $845.0 million in Q2 2025 and bottomed at $752.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $805.5 million (2022), against an average of $803.3 million.
  • Across the five-year window, Operating Expenses surged 37.24% in 2022 and slipped 5.31% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $805.0 million in 2022, then rose by 0.12% to $806.0 million in 2023, then climbed by 3.23% to $832.0 million in 2024, then decreased by 0.48% to $828.0 million in 2025, then advanced by 0.6% to $833.0 million in 2026.
  • Per Business Quant, the three latest NTAP Operating Expenses figures stand at $833.0 million (Q2 2026), $775.0 million (Q1 2026), and $828.0 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 NetApp 34.76 Bn 31.17 Bn 1.37 Bn 833.00 Mn

Historic Data

Download Data
DateValue
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
Jul 30, 2021 750.00 Mn