FN2 Earnings Intelligence
NetApp, Inc. balance sheet
NetApp, Inc. (NTAP) Balance Sheet (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 4/29/2022 | 4/28/2023 | 4/26/2024 | 4/25/2025 | 4/24/2026 | 4/24/2027 est. | 4/24/2028 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $4,112 | $2,316 | $1,903 | $2,742 | $2,070 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $6,318 | $6,362 | $6,268 | $6,572 | $6,237 | $7,479.6 | $7,887.8 |
| % Growth | 10.0% | 0.7% | -1.5% | 4.8% | -5.1% | 19.9% | 5.5% |
| Gross Profit | $4,220 | $4,209 | $4,433 | $4,613 | $4,899 | - | - |
| % Margin | 66.8% | 66.2% | 70.7% | 70.2% | 78.5% | - | - |
| EBITDA | $1,305 | $1,199 | $1,412 | $1,533 | $1,853 | - | - |
| % Margin | 20.7% | 18.8% | 22.5% | 23.3% | 29.7% | - | - |
| Net Income | $937 | $1,274 | $986 | $1,186 | $1,276 | - | - |
| % Margin | 14.8% | 20.0% | 15.7% | 18.0% | 20.5% | - | - |
| Diluted EPS | $4.09 | $5.79 | $4.63 | $5.67 | $6.35 | $8.91 | $9.84 |
| % Growth | 26.6% | 41.6% | -20.0% | 22.5% | 12.0% | 40.3% | 10.5% |
| Operating Cash Flow | $1,211 | $1,107 | $1,685 | $1,506 | $2,067 | - | - |
| CapEx | $226 | $239 | $155 | $168 | $198 | - | - |
| Free Cash Flow | $985 | $868 | $1,530 | $1,338 | $1,869 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 4/29/2022 | 4/28/2023 | 4/26/2024 | 4/25/2025 | 4/24/2026 | 4/24/2027 est. | 4/24/2028 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $6,318 | $6,362 | $6,268 | $6,572 | $6,237 | $7,479.6 | $7,887.8 |
| Gross Profit | $4,220 | $4,209 | $4,433 | $4,613 | $4,899 | - | - |
| EBITDA | $1,305 | $1,199 | $1,412 | $1,533 | $1,853 | - | - |
| Net Income | $937 | $1,274 | $986 | $1,186 | $1,276 | - | - |
| Diluted EPS | $4.09 | $5.79 | $4.63 | $5.67 | $6.35 | $8.91 | $9.84 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 4/29/2022 | 4/28/2023 | 4/26/2024 | 4/25/2025 | 4/24/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $4,112 | $2,316 | $1,903 | $2,742 | $2,070 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $2,386 | $2,389 | $1,992 | $2,485 | $2,487 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 4/29/2022 | 4/28/2023 | 4/26/2024 | 4/25/2025 | 4/24/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,211 | $1,107 | $1,685 | $1,506 | $2,067 |
| Capital Expenditure | $226 | $239 | $155 | $168 | $198 |
| Free Cash Flow | $985 | $868 | $1,530 | $1,338 | $1,869 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 4/29/2022 | 4/28/2023 | 4/26/2024 | 4/25/2025 | 4/24/2026 |
|---|---|---|---|---|---|
| Revenue Growth | 10.0% | 0.7% | -1.5% | 4.8% | -5.1% |
| Gross Margin | 66.8% | 66.2% | 70.7% | 70.2% | 78.5% |
| EBITDA Margin | 20.7% | 18.8% | 22.5% | 23.3% | 29.7% |
| Net Margin | 14.8% | 20.0% | 15.7% | 18.0% | 20.5% |
| FCF Margin | 15.6% | 13.6% | 24.4% | 20.4% | 30.0% |
| Diluted EPS Growth | 26.6% | 41.6% | -20.0% | 22.5% | 12.0% |