NetApp, Inc.
NTAPFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
4/30/2025
Revenue
6,572
Cost of Revenue
1,959
Gross Profit
4,613
Gross Margin
70.2%
Operating Income
1,337
Operating Margin
20.3%
Net Income
1,186
Net Margin
18.0%
EPS (Basic)
$5.81
EPS (Diluted)
$5.67
EBITDA
1,690
EBITDA Margin
25.7%
2024
4/30/2024
Revenue
6,268
Cost of Revenue
1,835
Gross Profit
4,433
Gross Margin
70.7%
Operating Income
1,214
Operating Margin
19.4%
Net Income
986
Net Margin
15.7%
EPS (Basic)
$4.74
EPS (Diluted)
$4.63
EBITDA
1,582
EBITDA Margin
25.2%
2023
4/30/2023
Revenue
6,362
Cost of Revenue
2,153
Gross Profit
4,209
Gross Margin
66.2%
Operating Income
1,018
Operating Margin
16.0%
Net Income
1,274
Net Margin
20.0%
EPS (Basic)
$5.87
EPS (Diluted)
$5.79
EBITDA
1,434
EBITDA Margin
22.5%
2022
4/30/2022
Revenue
6,318
Cost of Revenue
2,098
Gross Profit
4,220
Gross Margin
66.8%
Operating Income
1,157
Operating Margin
18.3%
Net Income
937
Net Margin
14.8%
EPS (Basic)
$4.20
EPS (Diluted)
$4.09
EBITDA
1,364
EBITDA Margin
21.6%
2021
4/30/2021
Revenue
5,744
Cost of Revenue
1,929
Gross Profit
3,815
Gross Margin
66.4%
Operating Income
1,031
Operating Margin
17.9%
Net Income
730
Net Margin
12.7%
EPS (Basic)
$3.29
EPS (Diluted)
$3.23
EBITDA
1,295
EBITDA Margin
22.5%