NetApp (NTAP) Research & Development (2009 - 2026)
NetApp (NTAP) reported Research & Development of $274 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 13.2% from $242 million a year earlier and up 5.0% from the prior quarter.
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Analysis
NetApp (NTAP) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, NetApp's Research & Development came in at $1.02 billion, up 2.1% year-over-year; for FY2026 (ended Apr 24, 2026), it was $991 million, down 2.1% from FY2025.
- Research & Development has a five-year compound annual growth rate of 2.4% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $1.01 billion in FY2025 (-1.7%), $1.03 billion in FY2024 (+7.6%), $956 million in FY2023 (+8.5%) and $881 million in FY2022 (unchanged).
- The fiscal Q1 2027 figure ranks as the highest quarterly Research & Development in data going back to fiscal Q1 2010.
- Year over year, Research & Development gained in two of the last eight quarters, with an average decline of 0.4%.
- The high point for year-over-year Research & Development in five years was fiscal Q1 2023 (growth of 14.3%); the low point was fiscal Q4 2025 (a decline of 5.5%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $261 million (Q4 2026), $237 million (Q3 2026) and $251 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 188.00 Mn |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 284.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 1.16 Bn |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 274.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 274.00 Mn |
| Apr 24, 2026 | 261.00 Mn |
| Jan 23, 2026 | 237.00 Mn |
| Oct 24, 2025 | 251.00 Mn |
| Jul 25, 2025 | 242.00 Mn |
| Apr 25, 2025 | 256.00 Mn |
| Jan 24, 2025 | 247.00 Mn |
| Oct 25, 2024 | 257.00 Mn |
| Jul 26, 2024 | 252.00 Mn |
| Apr 26, 2024 | 271.00 Mn |
| Jan 26, 2024 | 249.00 Mn |
| Oct 27, 2023 | 262.00 Mn |
| Jul 28, 2023 | 247.00 Mn |
| Apr 28, 2023 | 243.00 Mn |
| Jan 27, 2023 | 230.00 Mn |
| Oct 28, 2022 | 243.00 Mn |
| Jul 29, 2022 | 240.00 Mn |
| Apr 29, 2022 | 235.00 Mn |
| Jan 28, 2022 | 220.00 Mn |
| Oct 29, 2021 | 216.00 Mn |
API Access
NetApp Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NTAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();