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Information Technology · Technology Hardware, Storage & Peripherals

NetApp: revenue, profit and dividends

In fiscal 2026, NetApp had revenue of $6.24B, up 1.2% a year on average since 2016, and net income of $1.28B (20.5% of revenue). It paid a dividend of $2.08 a share. It has 32% fewer shares than in 2016.

Revenue, fiscal 2026

$6.24B+1.2% a year

average annual revenue growth since 2016 · +5.6% vs 2025

Net income, 2026
$1.28B
20.5% of revenue
Diluted EPS, 2026
$6.35
23.5% a year since 2016
Dividend per share, 2026
$2.08
not raised from 2025
Revenue growth, 5 years
1.7% a year
since 2021
Shares, 2026
201M
−32.3% since 2016
Free cash flow, 2026
$1.87B
$2.07B from operations − $198M capex
Ticker
NTAP · Nasdaq
Sector
Information Technology
Sub-industry
Technology Hardware, Storage & Peripherals
Headquarters
San Jose, California
Founded
1992
In the S&P 500 since
June 25, 1999
Latest fiscal year
2026, ended April 24, 2026
SEC filer
NetApp, Inc. · CIK 0001002047

Revenue and net income

Revenue went from $3.41B in 2009 to $6.24B in 2026.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $0.19 in 2009 to $6.35 in 2026. Ten-year growth: 23.5% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Not raised in 2026. Ten-year growth: 11.2% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

32.3% fewer shares in 2026 than in 2016 (297M → 201M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.87B in 2026, 30.0% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2026$6.24B$1.28B20.5%$6.35$2.08201M$2.07B$198M$1.87B
2025$5.91B$1.19B20.1%$5.67$2.08209M$1.51B$168M$1.34B
2024$5.66B$986M17.4%$4.63$2.00213M$1.69B$155M$1.53B
2023$6.36B$1.27B20.0%$5.79$2.00220M$1.11B$239M$868M
2022$6.32B$937M14.8%$4.09$2.00229M$1.21B$226M$985M
2021$5.74B$730M12.7%$3.23$1.92226M$1.33B$162M$1.17B
2020$5.41B$819M15.1%$3.52$1.92233M$1.06B$124M$936M
2019$6.15B$1.17B19.0%$4.51$1.60259M$1.34B$173M$1.17B
2018$5.92B$116M2.0%$0.42$0.80276M$1.48B$145M$1.33B
2017$5.49B$481M8.8%$1.71$0.76281M$986M$175M$811M
2016$5.55B$229M4.1%$0.77$0.72297M$974M$160M$814M
2015$6.12B$560M9.1%$1.75$0.66321M$1.27B$175M$1.09B
2014$6.33B$638M10.1%$1.83$0.60348M$1.35B$221M$1.13B
2013$6.33B$505M8.0%$1.37—368M$1.39B$303M$1.08B
2012$6.23B$605M9.7%$1.58—384M$1.46B$407M$1.06B
2011$5.12B$673M13.1%$1.71—394M$1.35B$223M$1.12B
2010$3.93B$400M10.2%$1.13—353M$975M$136M$839M
2009$3.41B$64.6M1.9%$0.19—335M$889M$290M$600M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Technology Hardware, Storage & Peripherals companies

All 76 Information Technology companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.