The Dispatch • Est. 2026— — —
NASDAQ · Technology · Fiscal year endsFY ends April

NetApp Inc

NTAP
$191.40+6.14 (+3.31%)Today
52-week low $93.69high $240.87
20.5% below its 52-week high
Next earningsDec 1, 2026
What stands out

Three facts from its filings

Facts, not a verdict · through FY26
2.3×

Revenue is 2.3 times what it was in fiscal 2016, and rose 5% in fiscal 2026 to $6.9B.

$950.0M

It spent $950.0M repurchasing its own shares in fiscal 2026, about 51% of its free cash flow.

-11%

Its diluted share count is 11% lower than in fiscal 2021.

Price
+57.3% over 1Y
Earnings releases (4 in this range, from its SEC filings)Next earnings Dec 1, 2026Daily closes
Key numbers

The business in eight figures

Market value$37.6BShares × price
P/E26.5×Price ÷ last 12 months’ earnings
Revenue FY26$6.9B+5% on the year
Net margin FY2618.4%Profit kept per dollar of sales
Gross margin FY2670.7%Up from 70.2%
Free cash flow FY26$1.9BCash left after investment (calculated)
Repurchases FY26$950.0MCash spent retiring its own shares
Avg volume2.5MShares traded a day, last 3 months