NetApp (NTAP) Research & Development (2009 - 2026)
NetApp (NTAP) posted Research & Development of $507.0 million for Q3 2026, up 3.89% on a QoQ basis from $488.0 million in Q2 2026, and up 9.98% year-over-year from $461.0 million in Q3 2025.
Analysis
NetApp (NTAP) Research & Development (2009 - 2026) Analysis & Trends
NetApp has reported Research & Development for 18 years, with the latest figure at $507.0 million in Q3 2026.
- On a quarterly basis, Research & Development rose 9.98% year-over-year to $507.0 million in Q3 2026; TTM through Jul 2026 was $1.9 billion, a 3.23% increase from a year earlier, with the FY2026 full-year figure at $1.9 billion, changed 0.21% from the prior year.
- Research & Development was $507.0 million for Q3 2026 at NetApp, up from $488.0 million in the prior quarter.
- The five-year high for Research & Development was $507.0 million in Q3 2026, with the low at $439.0 million in Q1 2024.
- Average Research & Development over 5 years is $465.2 million, with a median of $461.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Research & Development retreated 7.92% in 2023, then gained 9.98% in 2026.
- Over 5 years, Research & Development stood at $479.0 million in 2022, then retreated by 3.76% to $461.0 million in 2023, then rose by 5.21% to $485.0 million in 2024, then slipped by 4.12% to $465.0 million in 2025, then climbed by 9.03% to $507.0 million in 2026.
- The last three Research & Development figures came in at $507.0 million (Q3 2026), $488.0 million (Q2 2026), and $455.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 983.00 Mn |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 348.00 Mn |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | 348.20 Mn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 188.00 Mn |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 284.00 Mn |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 1.16 Bn |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 507.00 Mn |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | 346.08 Mn |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 201.50 Mn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | 21.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 507.00 Mn |
| Apr 24, 2026 | 488.00 Mn |
| Jan 23, 2026 | 455.00 Mn |
| Oct 24, 2025 | 465.00 Mn |
| Jul 25, 2025 | 461.00 Mn |
| Apr 25, 2025 | 458.00 Mn |
| Jan 24, 2025 | 451.00 Mn |
| Oct 25, 2024 | 485.00 Mn |
| Jul 26, 2024 | 471.00 Mn |
| Apr 26, 2024 | 460.00 Mn |
| Jan 26, 2024 | 439.00 Mn |
| Oct 27, 2023 | 461.00 Mn |
| Jul 28, 2023 | 468.00 Mn |
| Apr 28, 2023 | 442.00 Mn |
| Jan 27, 2023 | 450.00 Mn |
| Oct 28, 2022 | 479.00 Mn |
| Jul 29, 2022 | 458.00 Mn |
| Apr 29, 2022 | 480.00 Mn |
| Jan 28, 2022 | 461.00 Mn |
| Oct 29, 2021 | 465.00 Mn |