NetApp, Inc. income statement & cash flow
In the fiscal year ended Apr 24, 2026, NetApp, Inc. reported net income of $1.28B on revenue of $6.24B. Operating cash flow was $2.07B and capital expenditures were $198.00M, leaving $1.87B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Apr 2017 | Apr 2018 | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.49B | $5.92B | $6.15B | $5.41B | $5.74B | $6.32B | $6.36B | $5.66B | $5.91B | $6.24B |
| Gross profit | $3.36B | $3.71B | $3.94B | $3.62B | $3.81B | $4.22B | $4.21B | $4.43B | $4.61B | $4.90B |
| Operating income | $621.00M | $1.16B | $1.22B | $945.00M | $1.03B | $1.16B | $1.02B | $1.21B | $1.34B | $1.67B |
| Net income | $481.00M | $116.00M | $1.17B | $819.00M | $730.00M | $937.00M | $1.27B | $986.00M | $1.19B | $1.28B |
| Diluted EPS | $1.71 | $0.42 | $4.51 | $3.52 | $3.23 | $4.09 | $5.79 | $4.63 | $5.67 | $6.35 |
| Operating cash flow | $986.00M | $1.48B | $1.34B | $1.06B | $1.33B | $1.21B | $1.11B | $1.69B | $1.51B | $2.07B |
| Capital expenditures | $175.00M | $145.00M | $173.00M | $124.00M | $162.00M | $226.00M | $239.00M | $155.00M | $168.00M | $198.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Apr 2026 | 78.5% | 26.8% | 20.5% |
| Apr 2025 | 78.1% | 22.6% | 20.1% |
| Apr 2024 | 78.4% | 21.5% | 17.4% |
| Apr 2023 | 66.2% | 16.0% | 20.0% |
| Apr 2022 | 66.8% | 18.3% | 14.8% |
Source: SEC EDGAR XBRL company facts for CIK 1002047 (raw data). Most recent filing in this dataset: 10-Q filed Sep 2, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.