NetApp (NTAP) Operating Income (2009 - 2026)

NetApp's (NTAP) quarterly Operating Income came in at $532.0 million in Q2 2026, up 52.87% year-on-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.

  • On a quarterly basis, Operating Income rose 52.87% year-over-year to $532.0 million in Q2 2026; TTM through Apr 2026 was $1.7 billion, a 25.21% increase from a year earlier, with the FY2026 full-year figure at $1.7 billion, up 25.21% from the prior year.
  • Operating Income advanced to $532.0 million in Q2 2026 per NTAP's latest filing, from $434.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $532.0 million in Q2 2026 and bottomed 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.
  • Across the five-year window, Operating Income slumped 46.42% in 2023 and soared 112.79% in 2024, its largest moves.
  • Year by year, Operating Income stood at $282.0 million in 2022, then grew by 7.8% to $304.0 million in 2023, then increased by 13.49% to $345.0 million in 2024, then climbed by 15.65% to $399.0 million in 2025, then surged by 33.33% to $532.0 million in 2026.
  • Per Business Quant, the three latest NTAP Operating Income figures stand at $532.0 million (Q2 2026), $434.0 million (Q1 2026), and $399.0 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 38.40 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 722.41 Mn
3 Oracle 344.13 Bn 312.24 Bn - 6.13 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 754.00 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 397.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 13.79 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -61.99 Mn
10 NetApp 34.76 Bn 31.17 Bn 1.37 Bn 532.00 Mn

Historic Data

Download Data
DateValue
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