NetApp (NTAP) Operating Expenses (2009 - 2026)

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

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

NetApp has disclosed Operating Expenses across 18 years of filings, most recently posting $833.0 million for Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 1.42% year-over-year to $833.0 million; the trailing twelve-month figure through Apr 2026 stood at $3.2 billion (down 1.56% YoY), and the FY2026 full-year result was $3.2 billion, down 1.56% from the prior year.
  • Operating Expenses was $833.0 million for Q2 2026 at NetApp, up from $775.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $845.0 million in Q2 2025 and troughed 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.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 37.24% in 2022, then slipped 5.31% in 2024.
  • Year by year, Operating Expenses stood at $805.0 million in 2022, then grew by 0.12% to $806.0 million in 2023, then gained by 3.23% to $832.0 million in 2024, then fell by 0.48% to $828.0 million in 2025, then rose by 0.6% to $833.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $833.0 million in Q2 2026, $775.0 million in Q1 2026, and $828.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 NetApp 32.80 Bn 29.21 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