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$158.31$31.4B
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HomeStocksNTAPEarnings History

NTAP logoNetApp, Inc. (NTAP) Earnings History

Growth Compounder

31 years of earnings data (1996–2026) · Consistent double-digit EPS growth over 5 years

TTM Net Income
$1.28B
● Profitable
TTM EPS (Diluted)
$6.41
Per share, diluted
YoY EPS Growth
+12.2%
Strong
Net Margin
18.4%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+12.2%
3Y+3.2%
5Y+14.5%
10Y+23.5%
Operating Margin24.5%
Gross Margin70.7%
Return on Equity106.7%
Return on Assets11.8%
Record Annual Net Income$1.28BFY2026
Record Quarterly EPS$3.41Q2 2023
Consecutive Profitable Years31years
Q4 2026
Net Income$404M
EPS (Diluted)$2.03
YoY Growth+12.2%Strong
QoQ Growth+21.0%Excellent

Loading earnings history...

NetApp, Inc. (NTAP) Earnings Overview

As of June 23, 2026, NetApp, Inc. (NTAP) reported trailing twelve-month net income of $1.28B, reflecting +12.2% year-over-year growth. The company earned $6.41 per diluted share over the past four quarters, with a net profit margin of 18.4%.

Looking at the long-term picture, NTAP's 5-year EPS compound annual growth rate (CAGR) stands at +14.5%, showing solid earnings momentum. The company achieved its highest annual net income of $1.28B in fiscal 2026, representing a new all-time high.

NetApp, Inc. maintains industry-leading profitability with a gross margin of 70.7%, operating margin of 24.5%, and net margin of 18.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including PSTG ($249M net income, 5.1% margin), HPE ($1.52B net income, 0.2% margin), DELL ($8.41B net income, 5.2% margin), NTAP has outperformed on profitability metrics. Compare NTAP vs PSTG →

NTAP Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NTAP logoNTAPCurrent
$1.3B$6.4118.4%106.7%+12.2%—
PSTG logoPSTG
$249M$0.725.1%13.0%+0.0%
HPE logoHPE
$1.5B$1.060.2%0.2%-102.3%
DELL logoDELL
$8.4B$12.825.2%-+36.1%
IBM logoIBM
$10.8B$11.2915.7%35.2%+73.7%
STX logoSTX
$2.4B$10.3816.1%-+328.5%
Best in group
Lowest in group

NTAP Historical Earnings Data (1996–2026)

31 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2026$1.28B+7.6%$1.70B$6.3618.4%24.5%
2025$1.19B+20.3%$1.34B$5.6718.0%20.3%
2024$986M-22.6%$1.21B$4.6315.7%19.4%
2023$1.27B+36.0%$1.02B$5.7920.0%16.0%
2022$937M+28.4%$1.16B$4.0914.8%18.3%
2021$730M-10.9%$1.03B$3.2312.7%17.9%
2020$819M-29.9%$945M$3.5215.1%17.5%
2019$1.17B+1438.2%$1.22B$4.5119.0%19.9%
2018$76M-85.1%$1.13B$0.281.3%19.0%
2017$509M+122.3%$665M$1.819.2%12.0%
2016$229M-59.1%$348M$0.774.1%6.3%
2015$560M-12.2%$717M$1.759.1%11.7%
2014$638M+26.2%$734M$1.8310.1%11.6%
2013$505M-16.5%$608M$1.378.0%9.6%
2012$605M-10.1%$747M$1.589.7%12.0%
2011$673M+68.1%$824M$1.7113.1%16.1%
2010$400M+362.6%$488M$1.1310.2%12.4%
2009$87M-72.1%$47M$0.192.5%1.4%
2008$310M+4.0%$314M$0.869.4%9.5%
2007$298M+11.7%$301M$0.7710.6%10.7%
2006$266M+18.0%$308M$0.6912.9%14.9%
2005$226M+48.4%$253M$0.5914.1%15.8%
2004$152M+98.9%$158M$0.4213.0%13.5%
2003$76M+2421.3%$88M$0.228.6%9.8%
2002$3M-95.9%-$1M$0.010.4%-0.1%
2001$75M+1.5%$110M$0.217.4%10.9%
2000$74M+107.2%$105M$0.2112.7%18.2%
1999$36M+69.9%$55M$0.1112.3%19.0%
1998$21M+8286.0%$33M$0.0712.6%19.7%
1997$250,000-96.2%$3M$0.000.3%3.3%
1996$7M-$6M$0.0314.2%12.9%

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NTAP — Frequently Asked Questions

Quick answers to the most common questions about buying NTAP stock.

What is NTAP earnings per share (EPS)?

NTAP trailing twelve-month (TTM) diluted EPS is $6.41, reflecting +12.2% year-over-year growth. The 5-year EPS CAGR is +14.5%. Complete EPS history from 1996 to 2026 is available in the table on this page.

What is NetApp, Inc.'s net income?

NetApp, Inc. (NTAP) trailing twelve-month net income is $1.3B as of 2026. Earnings grew +12.2% year-over-year. NetApp, Inc. has been profitable for 31 consecutive years.

Is NTAP profitable?

Yes, NTAP is profitable with a TTM net income of $1.3B and a net profit margin of +18.4%. NetApp, Inc. has generated profits for 31 consecutive years.

What is NTAP's earnings growth rate?

NTAP compound annual EPS growth rates (CAGR): 1-Year: +12.2%, 3-Year: +3.2%, 5-Year: +14.5%, 10-Year: +23.5%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1996 to 2026.

What are NTAP's profit margins?

NetApp, Inc. net profit margin is +18.4%, operating margin is +24.5%, and gross margin is +70.7%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +106.7%.

Is NTAP growing earnings?

NTAP is growing earnings steadily. YoY EPS growth of +12.2% is consistent with the 5-year CAGR of +14.5%. TTM net income is $1.3B.

What was NTAP's best earnings year?

NetApp, Inc.'s highest annual net income on record is $1.3B, achieved in fiscal year 2026. Earnings history on this page spans 1996 to 2026 and includes all annual and quarterly figures.

What were NTAP's earnings last quarter?

NTAP's most recent reported quarter was Q4 2026. Net income was $404M with diluted EPS of $2.03. For a full breakdown of all quarters, see the quarterly earnings table on this page.

NTAP Earnings Over Time (1996–2026)

Net income & EPS — annual and quarterly view