NetApp (NTAP) Operating Income (2009 - 2026)
NetApp (NTAP) recorded quarterly Operating Income of -$796.0 million in Q2 2026, down 283.41% quarter-over-quarter from $434.0 million in Q1 2026, and down 13.88% year-on-year from -$924.3 million in Q2 2025.
NetApp (NTAP) Operating Income (2009 - 2026) Analysis & Trends
NetApp has disclosed Operating Income across 18 years of filings, most recently posting -$796.0 million for Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 13.88% year-over-year to -$796.0 million; the trailing twelve-month figure through Apr 2026 stood at $346.0 million (up 19.31% YoY), and the FY2026 full-year result was $346.0 million, up 19.31% from the prior year.
- Operating Income was -$796.0 million for Q2 2026 at NetApp, down from $434.0 million in the prior quarter.
- Over five years, Operating Income peaked at $434.0 million in Q1 2026 and troughed at -$796.0 million in Q2 2026.
- The 5-year median for Operating Income is $293.0 million (2022), against an average of $97.8 million.
- The sharpest annual moves came in 2024 and 2025: Operating Income jumped 175.46% in 2024, then sank 290.98% in 2025.
- Year by year, Operating Income stood at $282.0 million in 2022, then advanced by 7.8% to $304.0 million in 2023, then climbed by 13.49% to $345.0 million in 2024, then gained by 15.65% to $399.0 million in 2025, then tumbled by 299.5% to -$796.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$796.0 million in Q2 2026, $434.0 million in Q1 2026, and $399.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 809,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 5.46 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 754.00 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 397.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 13.79 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 580.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 203.05 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -61.99 Mn |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | -796.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -796.00 Mn |
| Jan 23, 2026 | 434.00 Mn |
| Oct 24, 2025 | 399.00 Mn |
| Jul 25, 2025 | 309.00 Mn |
| Apr 25, 2025 | -699.00 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 | -485.00 Mn |
| Jan 27, 2023 | 172.00 Mn |
| Oct 28, 2022 | 282.00 Mn |
| Jul 29, 2022 | 255.00 Mn |
| Apr 29, 2022 | -634.00 Mn |
| Jan 28, 2022 | 321.00 Mn |
| Oct 29, 2021 | 294.00 Mn |
| Jul 30, 2021 | 249.00 Mn |