netapp inc. - NTAP

NTAP

Close Chg Chg %
124.00 0.89 0.71%

Open Market

124.89

+0.89 (0.71%)

Volume: 1.34M

Last Updated:

Sep 15, 2025, 3:14 PM EDT

Company Overview: netapp inc. - NTAP

NTAP Key Data

Open

$124.30

Day Range

123.42 - 125.82

52 Week Range

71.84 - 135.45

Market Cap

$24.75B

Shares Outstanding

199.62M

Public Float

198.62M

Beta

1.46

Rev. Per Employee

N/A

P/E Ratio

21.91

EPS

$5.77

Yield

167.74%

Dividend

$0.52

EX-DIVIDEND DATE

Oct 3, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

2.22M

 

NTAP Performance

1 Week
 
4.42%
 
1 Month
 
13.98%
 
3 Months
 
23.40%
 
1 Year
 
5.69%
 
5 Years
 
191.01%
 

NTAP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About netapp inc. - NTAP

NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises. The firm also offers private and public clouds worldwide. It operates through the Hybrid Cloud and Public Cloud segments. The Hybrid Cloud segment provides a data storage portfolio for storage management and infrastructure solutions. The Public Cloud segment refers to a portfolio of products delivered primarily as-a-service. The company was founded by David Hitz, James K. Lau, and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

NTAP At a Glance

NetApp, Inc.
3060 Olsen Drive
San Jose, California 95128
Phone 1-408-822-6000 Revenue 6.57B
Industry Computer Peripherals Net Income 1.19B
Sector Electronic Technology 2025 Sales Growth 4.817%
Fiscal Year-end 04 / 2026 Employees 11,700
View SEC Filings

NTAP Valuation

P/E Current 22.102
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.587
Price to Sales Ratio 2.813
Price to Book Ratio 17.095
Price to Cash Flow Ratio 12.27
Enterprise Value to EBITDA 10.872
Enterprise Value to Sales 2.758
Total Debt to Enterprise Value 0.193

NTAP Efficiency

Revenue/Employee 561,623.932
Income Per Employee 101,367.521
Receivables Turnover 5.274
Total Asset Turnover 0.635

NTAP Liquidity

Current Ratio 1.241
Quick Ratio 1.201
Cash Ratio 0.826

NTAP Profitability

Gross Margin 69.898
Operating Margin 21.671
Pretax Margin 21.047
Net Margin 18.049
Return on Assets 11.453
Return on Equity 108.509
Return on Total Capital 26.175
Return on Invested Capital 33.413

NTAP Capital Structure

Total Debt to Total Equity 335.673
Total Debt to Total Capital 77.047
Total Debt to Total Assets 32.255
Long-Term Debt to Equity 259.712
Long-Term Debt to Total Capital 59.612
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netapp Inc. - NTAP

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
6.33B 6.36B 6.27B 6.57B
Sales Growth
+10.33% +0.51% -1.38% +4.82%
Cost of Goods Sold (COGS) incl D&A
2.11B 2.18B 1.86B 1.98B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
249.00M 301.00M 255.00M 243.00M
Depreciation
203.00M 233.00M 198.00M 196.00M
Amortization of Intangibles
46.00M 68.00M 57.00M 47.00M
COGS Growth
+8.98% +3.22% -14.73% +6.46%
Gross Income
4.21B 4.18B 4.41B 4.59B
Gross Income Growth
+11.01% -0.85% +5.58% +4.13%
Gross Profit Margin
+66.62% +65.72% +70.36% +69.90%
2022 2023 2024 2025 5-year trend
SG&A Expense
3.00B 3.02B 3.14B 3.17B
Research & Development
881.00M 956.00M 1.03B 1.01B
Other SG&A
2.12B 2.07B 2.11B 2.16B
SGA Growth
+4.71% +0.67% +3.90% +0.86%
Other Operating Expense
- - - -
-
Unusual Expense
137.00M 145.00M 113.00M 50.00M
EBIT after Unusual Expense
1.07B 1.01B 1.16B 1.37B
Non Operating Income/Expense
95.00M 124.00M 171.00M 73.00M
Non-Operating Interest Income
7.00M 69.00M 112.00M 112.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
73.00M 67.00M 64.00M 64.00M
Interest Expense Growth
- -1.35% -8.22% -4.48%
Gross Interest Expense
73.00M 67.00M 64.00M 64.00M
Interest Capitalized
- - - -
-
Pretax Income
1.09B 1.07B 1.26B 1.38B
Pretax Income Growth
+13.83% -2.65% +18.48% +9.50%
Pretax Margin
+17.31% +16.77% +20.15% +21.05%
Income Tax
158.00M (208.00M) 277.00M 197.00M
Income Tax - Current - Domestic
242.00M 248.00M 114.00M 169.00M
Income Tax - Current - Foreign
60.00M 150.00M 110.00M 128.00M
Income Tax - Deferred - Domestic
(152.00M) (47.00M) 30.00M (118.00M)
Income Tax - Deferred - Foreign
8.00M (559.00M) 23.00M 18.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
937.00M 1.27B 986.00M 1.19B
Minority Interest Expense
- - - -
-
Net Income
937.00M 1.27B 986.00M 1.19B
Net Income Growth
+28.36% +35.97% -22.61% +20.28%
Net Margin Growth
+14.81% +20.04% +15.73% +18.05%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
937.00M 1.27B 986.00M 1.19B
Preferred Dividends
- - - -
-
Net Income Available to Common
937.00M 1.27B 986.00M 1.19B
EPS (Basic)
4.2018 5.871 4.7404 5.8137
EPS (Basic) Growth
+27.78% +39.73% -19.26% +22.64%
Basic Shares Outstanding
223.00M 217.00M 208.00M 204.00M
EPS (Diluted)
4.0917 5.7909 4.6291 5.6746
EPS (Diluted) Growth
+26.67% +41.53% -20.06% +22.59%
Diluted Shares Outstanding
229.00M 220.00M 213.00M 209.00M
EBITDA
1.46B 1.46B 1.52B 1.67B
EBITDA Growth
+23.02% -0.27% +4.74% +9.38%
EBITDA Margin
+23.07% +22.89% +24.31% +25.37%

Snapshot

Average Recommendation HOLD Average Target Price 118.286
Number of Ratings 21 Current Quarters Estimate 1.884
FY Report Date 10 / 2025 Current Year's Estimate 7.751
Last Quarter’s Earnings 1.55 Median PE on CY Estimate N/A
Year Ago Earnings 7.25 Next Fiscal Year Estimate 8.545
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 18 19 16
Mean Estimate 1.88 2.06 7.75 8.55
High Estimates 1.92 2.16 7.85 8.98
Low Estimate 1.82 1.92 7.60 7.95
Coefficient of Variance 1.08 3.00 0.81 2.82

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 3 3 3
HOLD 13 14 15
UNDERWEIGHT 1 0 0
SELL 0 0 0
MEAN Hold Overweight Hold

Insider Actions for Netapp Inc. - NTAP

Date Name Shares Transaction Value
Aug 13, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 23,251 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $105.9 per share 2,462,280.90
May 21, 2025 George Kurian CEO; Director 313,805 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 31,546,816.65
May 21, 2025 Harvinder Bhela EVP, Chief Product Officer 172,000 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 17,291,160.00
May 21, 2025 César Cernuda Rego President 49,159 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 4,941,954.27
May 21, 2025 César Cernuda Rego President 64,425 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 César Cernuda Rego President 31,942 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 3,211,129.26
May 21, 2025 César Cernuda Rego President 44,636 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 Harvinder Bhela EVP, Chief Product Officer 182,041 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 25,525 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 2,566,028.25
May 21, 2025 George Kurian CEO; Director 344,367 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 George Kurian CEO; Director 283,214 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 28,471,503.42
May 21, 2025 George Kurian CEO; Director 308,628 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 19,954 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 2,005,975.62
May 21, 2025 Harvinder Bhela EVP, Chief Product Officer 156,520 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $100.53 per share 15,734,955.60
May 21, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 31,088 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 21, 2025 Harvinder Bhela EVP, Chief Product Officer 164,826 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 20, 2025 George Kurian CEO; Director 23,084 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 20, 2025 George Kurian CEO; Director 23,991 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 20, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 8,397 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 20, 2025 Elizabeth OCallahan EVP, Chief Admin. Officer 8,030 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Netapp Inc. in the News