Companies: 10,795·Total market cap: $144.5T
NetApp, Inc.

NetApp, Inc.

NTAPNASDAQTechnology● Active
$167.04
$-11.83(-6.61%)
Market Cap$33.1B
P/E Ratio—
52W High$192.83
52W Low$93.69
Net IncomeFinancialsRevenue

NetApp, Inc. (NTAP) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NTAP · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $1.28B for FY2026 (fiscal year ending 2026-04-24), up 7.6% year-over-year. Net profit margin was 18.4%. Based on available data, NetApp, Inc. has been profitable since at least 2012.

FY2026 Net Income$1.28B▲ +7.6% YoY
Trailing 12M (TTM)$1.28Btrailing 4 quarters sum
Net Profit Margin18.4%$1.28B ÷ $6.92B
YoY Change+7.6%—
5-Year CAGR+11.8%FY2020 → FY2026
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · NTAP net income history · NTAP profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2026$1.28B▲ +7.6%18.4%
FY2025$1.19B▲ +20.3%18.1%
FY2024$986.0M▼ 22.6%15.7%
FY2023$1.27B▲ +36.0%20.0%
FY2022$937.0M▲ +28.4%14.8%

Net income vs peers (Technology)

#CompanyNet IncomeYoY
#1
NetApp, Inc.
NetApp, Inc.YOU
NTAP
$1.28B+7.6%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.74T+49.8%#3
NVIDIA Corporation
NVIDIA Corporation
NVDA
$120.07B+64.7%#4
Apple Inc.
Apple Inc.
AAPL
$112.01B+19.5%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$101.83B+15.5%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$23.13B+292.3%
Technology · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

NetApp, Inc. (NTAP) reported net income of $1.28B for FY2026 (fiscal year ending 2026-04-24), up 7.6% year-over-year. The net profit margin was 18.4% — meaning the company kept $0.18 of every dollar of revenue as profit.

Based on available data, NetApp, Inc. has been profitable since at least 2012. Net income reached a peak of $1.28B in FY2026. Data available for 15 fiscal years.

NetApp, Inc.'s net profit margin was 18.4% for FY2026, based on the latest annual results.

Investors sometimes search for "NetApp, Inc. net worth" — the company's market capitalization is a separate figure from NTAP net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

NTAP net income · 5 questions

NetApp, Inc. is profitable. The company reported net income of $1.28B for FY2026, a net profit margin of 18.4%. Net income was up 7.6% year-over-year. Based on available data, NetApp, Inc. has been profitable since at least 2012.

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▸ Source: FMP /income-statement · GAAP · NetApp, Inc. · NetApp, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026