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NetApp Inc. (NTAP) Stock Price & Market Analysis

NTAP · NASDAQ · Computer Hardware

Market closedLatest available session print

$207.37

▲ +$3.57(+1.75%)4:00 PM ET - vs previous close

Quote as of Oct 19, 2026, 4:00 PM EDT

Regular-session close · Oct 19, 2026, 4:00 PM EDT.

Last session35%
$205.47L Oct 19 '26$210.84H Oct 19 '26
52-week range77%
$93.69$240.87H Oct 13 '26
Long-term rangesAvailable history
Available history(2000-10-19)86%
$3.78L Oct 8 '02$240.87H Oct 13 '26

Historical range: 2000-10-19–2026-10-19. Earlier trading may not be included.

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Data dates

PriceAt closeLast traded

FundamentalsLast checked

AnalystLast checked

NewsLatest item

What matters next

Next important events

  1. Dec 1, 2026Next earningsConfirmed · Last verified 2026-10-20

Countdown

42 days out

Reported fundamentals

NTAP financial overview

Annual revenue

USD 6.93B

Sales for the fiscal year ended Apr 24, 2026. This is not trailing twelve-month revenue.

Revenue change

+5.4%

Change versus the fiscal year ended Apr 25, 2025.

Net profit margin

18.4%

Net income divided by revenue for the fiscal year ended Apr 24, 2026. This is not the trailing margin.

These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.

Company · ProfileAbout NetApp Inc. (NTAP)Sector, leadership, and how NetApp Inc. earns its revenue.

NetApp Inc.

NASDAQ · NTAP · US

NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.

Company overview as of Oct 19, 2026.

Sector
Technology
Industry
Computer Hardware
Headquarters
San Jose, CA, United States
Country
US
Founded
1992
Employees
11,700
CEO
Mr. George Kurian
Exchange
NASDAQ
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.

Company website ↗

AI business exposure

Revenue exposure
AI-specific revenue is not separated in the available company statements.
Capital-spending dependency
No reviewed quantitative dependency model is available.
Compute role
See the sourced business description; AI labels do not establish compute revenue.
Platform examples
An exhaustive, consistently defined product inventory is unavailable.
Ecosystem links
Supplier and customer links require reviewed disclosures.

Narrative versus numbers

Demand is expanding

Supporting observation: 29.9%

Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-07-31

Growth produces accounting profit

Supporting observation: 19.2%

Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-20T00:33:13.510Z

The business generates cash after investment

Supporting observation: USD 401M

Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-07-31

These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.

Operating measures

Revenue
$2.02Bquarter ended Jul 31, 2026
Gross margin
70.1%quarter ended Jul 31, 2026
Operating margin
23.9%quarter ended Jul 31, 2026
EPS
$1.88quarter ended Jul 31, 2026
Capital expenditure
$102.00Mquarter ended Jul 31, 2026
Free cash flow
$401.00Mquarter ended Jul 31, 2026
Free cash flow margin
19.8%quarter ended Jul 31, 2026
Operating cash / net income
1.34×quarter ended Jul 31, 2026
Revenue growth year over year
29.9%quarter ended Jul 31, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.

Reviewed company relationships

Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.

Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.

A disclosed relationship is historical evidence, not a current valuation or a recommendation.

Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.

Governance & sustainability

Find proxy statements and annual reports

Data sources: Financial Modeling Prep · Finnhub · SEC Companyfacts · Yahoo Finance

Market data is for information only and is not trading advice. Prices and fundamentals may be delayed, reflect an earlier observation, be incomplete, or be revised. Read the data methodology or the full disclaimer.
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