NetApp (NTAP) Research & Development (2009 - 2026)
NetApp (NTAP) posted quarterly Research & Development of $261.0 million for Q2 2026, up 166.08% year-over-year from $98.1 million in Q2 2025, and down 42.64% quarter-over-quarter from $455.0 million in Q1 2026.
NetApp (NTAP) Research & Development (2009 - 2026) Analysis & Trends
NetApp's Research & Development history runs 18 years deep, the most recent figure standing at $261.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 166.08% year-over-year to $261.0 million; the TTM figure through Apr 2026 stood at $1.2 billion (up 52.46% YoY), while the FY2026 annual figure was $991.0 million, down 2.08% from the prior year.
- Research & Development for Q2 2026 stood at $261.0 million, down from $455.0 million in the prior quarter.
- The five-year high for Research & Development was $485.0 million in Q4 2024, with the low at -$431.0 million in Q2 2023.
- The 5-year median for Research & Development is $250.0 million (2024), against an average of $201.1 million.
- The sharpest annual moves came in 2023 and 2026: Research & Development plunged 283.4% in 2023, then surged 166.08% in 2026.
- NetApp's Research & Development stood at $243.0 million in 2022, then grew by 7.82% to $262.0 million in 2023, then soared by 85.11% to $485.0 million in 2024, then slumped by 48.25% to $251.0 million in 2025, then climbed by 3.98% to $261.0 million in 2026.
- Business Quant data shows NTAP's Research & Development at $261.0 million in Q2 2026, $455.0 million in Q1 2026, and $251.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.01 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 339.50 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 664.96 Mn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 261.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 261.00 Mn |
| Jan 23, 2026 | 455.00 Mn |
| Oct 24, 2025 | 251.00 Mn |
| Jul 25, 2025 | 242.00 Mn |
| Apr 25, 2025 | -395.00 Mn |
| Jan 24, 2025 | 451.00 Mn |
| Oct 25, 2024 | 485.00 Mn |
| Jul 26, 2024 | 252.00 Mn |
| Apr 26, 2024 | -339.00 Mn |
| Jan 26, 2024 | 249.00 Mn |
| Oct 27, 2023 | 262.00 Mn |
| Jul 28, 2023 | 247.00 Mn |
| Apr 28, 2023 | -431.00 Mn |
| Jan 27, 2023 | 450.00 Mn |
| Oct 28, 2022 | 243.00 Mn |
| Jul 29, 2022 | 240.00 Mn |
| Apr 29, 2022 | 235.00 Mn |
| Jan 28, 2022 | 461.00 Mn |
| Oct 29, 2021 | 216.00 Mn |
| Jul 30, 2021 | 210.00 Mn |