NetApp, Inc. (NTAP) Earnings History
Annual and quarterly earnings data from 1996 to 2025
Loading earnings history...
NTAP EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NTAP Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 70.2% | 20.3% | 18.0% |
| 2024 | 70.7% | 19.4% | 15.7% |
| 2023 | 66.2% | 16.0% | 20.0% |
| 2022 | 66.8% | 18.3% | 14.8% |
| 2021 | 66.4% | 17.9% | 12.7% |
Download Data
Export NTAP earnings history in CSV or JSON format
Free sign-in required to download data
NetApp, Inc. (NTAP) Earnings Overview
As of May 8, 2026, NetApp, Inc. (NTAP) reported trailing twelve-month net income of $1.21B, reflecting +22.5% year-over-year growth. The company earned $6.06 per diluted share over the past four quarters, with a net profit margin of 18.0%.
Looking at the long-term picture, NTAP's 5-year EPS compound annual growth rate (CAGR) stands at +10.0%, showing solid earnings momentum. The company achieved its highest annual net income of $1.27B in fiscal 2023.
NetApp, Inc. maintains industry-leading profitability with a gross margin of 70.2%, operating margin of 20.3%, and net margin of 18.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including PSTG ($188M net income, 5.1% margin), HPE (-$156M net income, 0.2% margin), DELL ($5.94B 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
NTAP Historical Earnings Data (1996–2025)
30 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.19B | +20.3% | $1.34B | $5.67 | 18.0% | 20.3% |
| 2024 | $986M | -22.6% | $1.21B | $4.63 | 15.7% | 19.4% |
| 2023 | $1.27B | +36.0% | $1.02B | $5.79 | 20.0% | 16.0% |
| 2022 | $937M | +28.4% | $1.16B | $4.09 | 14.8% | 18.3% |
| 2021 | $730M | -10.9% | $1.03B | $3.23 | 12.7% | 17.9% |
| 2020 | $819M | -29.9% | $945M | $3.52 | 15.1% | 17.5% |
| 2019 | $1.17B | +1438.2% | $1.22B | $4.51 | 19.0% | 19.9% |
| 2018 | $76M | -85.1% | $1.13B | $0.28 | 1.3% | 19.0% |
| 2017 | $509M | +122.3% | $665M | $1.81 | 9.2% | 12.0% |
| 2016 | $229M | -59.1% | $348M | $0.77 | 4.1% | 6.3% |
Full NTAP Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See NTAP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NTAP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NTAP vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonNTAP — Frequently Asked Questions
Quick answers to the most common questions about buying NTAP stock.
Is NTAP growing earnings?
NTAP EPS is $6.06, with earnings growth accelerating to +22.5%. This exceeds the 5-year CAGR of +10.0%. TTM net income reached $1.2B.
What are NTAP's profit margins?
NetApp, Inc. net margin is +18.0%, with operating margin at +20.3%. Above-average margins indicate pricing power.
How consistent are NTAP's earnings?
NTAP earnings data spans 1996-2025. The accelerating earnings trend is +22.5% YoY. Historical data enables comparison across business cycles.