NTAP— NetApp, Inc.

Information TechnologyTechnology$37.1B mkt cap

Metric	FY2026	FY2025	FY2024	FY2023
Net revenues	$3.73B+5.6%	$3.53B+3.3%	$3.42B+3.2%	$3.31B
Total cost of revenues	$625.0M-7.4%	$675.0M-3.3%	$698.0M+9.7%	$636.0M
Gross profit	$4.90B+6.2%	$4.61B+4.1%	$4.43B+5.3%	$4.21B
Sales and marketing	$1.87B+0.2%	$1.86B+2.0%	$1.83B-0.1%	$1.83B
Research and development	$991.0M-2.1%	$1.01B-1.7%	$1.03B+7.6%	$956.0M
General and administrative	$344.0M+10.6%	$311.0M+1.0%	$308.0M+16.2%	$265.0M
Restructuring charges	$21.0M-74.7%	$83.0M+88.6%	$44.0M-63.3%	$120.0M
Acquisition-related expense	$0-100.0%	$5.0M-50.0%	$10.0M-52.4%	$21.0M
Total operating expenses	$3.23B-1.6%	$3.28B+1.8%	$3.22B+0.9%	$3.19B
Income from operations	$1.67B+25.2%	$1.34B+10.1%	$1.21B+19.3%	$1.02B
Other (expense) income, net	-$26.0M-156.5%	$46.0M-6.1%	$49.0M+2.1%	$48.0M
Income before income taxes	$1.65B+19.2%	$1.38B+9.5%	$1.26B+18.5%	$1.07B
Provision for income taxes	$372.0M+88.8%	$197.0M-28.9%	$277.0M+233.2%	-$208.0M
Net income	$1.28B+7.6%	$1.19B+20.3%	$986.0M-22.6%	$1.27B
Basic	$199.0M-2.5%	$204.0M-1.9%	$208.0M-4.1%	$217.0M
Diluted	$201.0M-3.8%	$209.0M-1.9%	$213.0M-3.2%	$220.0M
Product [Member]
Service [Member]

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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