NetApp (NTAP) Operating Income (2009 - 2026)
NetApp (NTAP) posted quarterly Operating Income of $532.0 million for Q2 2026, up 52.87% year-over-year from $348.0 million in Q2 2025, and up 22.58% quarter-over-quarter from $434.0 million in Q1 2026.
NetApp (NTAP) Operating Income (2009 - 2026) Analysis & Trends
NetApp's Operating Income history runs 18 years deep, the most recent figure standing at $532.0 million for Q2 2026.
- In Q2 2026, Operating Income rose 52.87% year-over-year to $532.0 million; the TTM figure through Apr 2026 stood at $1.7 billion (up 25.21% YoY), while the FY2026 annual figure was $1.7 billion, up 25.21% from the prior year.
- Operating Income for Q2 2026 stood at $532.0 million, up from $434.0 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.
- The 5-year median for Operating Income is $315.0 million (2022), against an average of $325.4 million.
- The sharpest annual moves came in 2023 and 2024: Operating Income sank 46.42% in 2023, then soared 112.79% in 2024.
- NetApp's Operating Income stood at $282.0 million in 2022, then climbed by 7.8% to $304.0 million in 2023, then grew by 13.49% to $345.0 million in 2024, then advanced by 15.65% to $399.0 million in 2025, then jumped by 33.33% to $532.0 million in 2026.
- Business Quant data shows NTAP's Operating Income at $532.0 million in Q2 2026, $434.0 million in Q1 2026, and $399.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 532.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 249.00 Mn |