NetApp NTAP
NASDAQ NTAP
$189.17 +3.58 (+1.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

NetApp (NTAP) Operating Income (2009 - 2026)

NetApp (NTAP) posted Operating Income of $484.0 million for Q3 2026, down 9.02% on a QoQ basis from $532.0 million in Q2 2026, and up 56.63% year-over-year from $309.0 million in Q3 2025.

Analysis

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

NetApp has reported Operating Income for 18 years, with the latest figure at $484.0 million in Q3 2026.

  • On a quarterly basis, Operating Income rose 56.63% year-over-year to $484.0 million in Q3 2026; TTM through Jul 2026 was $1.8 billion, a 35.56% increase from a year earlier, with the FY2026 full-year figure at $1.7 billion, up 25.21% from the prior year.
  • Operating Income was $484.0 million for Q3 2026 at NetApp, down from $532.0 million in the prior quarter.
  • The five-year high for Operating Income was $532.0 million in Q2 2026, with the low at $172.0 million in Q1 2023.
  • Average Operating Income over 5 years is $333.7 million, with a median of $321.0 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Operating Income sank 46.42% in 2023, then surged 112.79% in 2024.
  • Over 5 years, Operating Income stood at $282.0 million in 2022, then increased by 7.8% to $304.0 million in 2023, then rose by 13.49% to $345.0 million in 2024, then grew by 15.65% to $399.0 million in 2025, then gained by 21.3% to $484.0 million in 2026.
  • The last three Operating Income figures came in at $484.0 million (Q3 2026), $532.0 million (Q2 2026), and $434.0 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Dell Technologies 346.83 Bn 335.25 Bn 7.78 Bn 3.66 Bn
2 Sandisk 255.87 Bn 251.11 Bn 7.58 Bn 7.04 Bn
3 Arista Networks 246.16 Bn 232.82 Bn 1.91 Bn 1.38 Bn
4 Seagate Technology Holdings 198.14 Bn 196.43 Bn 1.90 Bn 1.56 Bn
5 Western Digital 166.37 Bn 164.79 Bn 2.03 Bn 1.56 Bn
6 Hewlett Packard Enterprise 74.66 Bn 68.44 Bn 4.93 Bn 1.39 Bn
7 NetApp 37.19 Bn 33.61 Bn 1.42 Bn 484.00 Mn
8 Everpure 33.66 Bn 32.65 Bn 811.39 Mn 63.16 Mn
9 Super Micro Computer 24.36 Bn 16.83 Bn 1.94 Bn 1.49 Bn
10 Penguin Solutions 2.61 Bn 2.17 Bn 133.21 Mn 50.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 484.00 Mn
Apr 24, 2026 532.00 Mn
Jan 23, 2026 434.00 Mn
Oct 24, 2025 399.00 Mn
Jul 25, 2025 309.00 Mn
Apr 25, 2025 348.00 Mn
Jan 24, 2025 362.00 Mn
Oct 25, 2024 345.00 Mn
Jul 26, 2024 282.00 Mn
Apr 26, 2024 366.00 Mn
Jan 26, 2024 366.00 Mn
Oct 27, 2023 304.00 Mn
Jul 28, 2023 178.00 Mn
Apr 28, 2023 309.00 Mn
Jan 27, 2023 172.00 Mn
Oct 28, 2022 282.00 Mn
Jul 29, 2022 255.00 Mn
Apr 29, 2022 293.00 Mn
Jan 28, 2022 321.00 Mn
Oct 29, 2021 294.00 Mn