NetApp, Inc.

NTAP · XNAS

CIK 1002047fmd_1V3D1QC8P620PDN48DMN0ER2ASManufacturing · Computer Storage DevicesTemplate: Standard

Coverage: Apr 26, 2008 to Jul 31, 2026, 70 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	5,491	5,919	6,146	5,412	5,744	6,318	6,362	6,268	6,572	6,925
Cost of revenue	2,127	2,210	2,201	1,789	1,929	2,098	2,153	1,835	1,959	2,026
Gross profit	3,364	3,709	3,945	3,623	3,815	4,220	4,209	4,433	4,613	4,899
Research and development	779	783	827	847	881	881	956	1,029	1,012	991
Selling, general and administrative	1,922	1,986	1,935	1,848	2,001	2,136	2,094	2,136	2,176	2,213
Total operating expenses	2,743	2,551	2,724	2,678	2,784	3,063	3,191	3,219	3,276	3,225
Operating income	621	1,158	1,221	945	1,031	1,157	1,018	1,214	1,337	1,674
Interest expense	52	62	58	55	74	73	67	64	64	109
Interest and investment income	44	79	88	48	9	7	69	112	112	113
Other non-operating income (expense)	0	41	47	(1)	(69)	(62)	48	49	46	(26)
Income before taxes	621	1,199	1,268	944	962	1,095	1,066	1,263	1,383	1,648
Income tax expense	140	1,083	99	125	232	158	(208)	277	197	372
Net income from continuing operations	481	116	1,169	819	730	937	1,274	986	1,186	1,276
Net income	481	116	1,169	819	730	937	1,274	986	1,186	1,276