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What changed in NetApp, Inc.'s latest annual report

In the year ended 24 Apr 2026, NetApp, Inc.'s revenue rose 5.4% to USD 6.92bn, from USD 6.57bn; net income rose 7.6% to USD 1.28bn, from USD 1.19bn; shareholders' equity rose 29.9% to USD 1.35bn, from USD 1.04bn.

Year ended 24 Apr 2026. Source: 10-K filed 5 Jun 2026, read it on SEC EDGAR.

USD 6.57bn to USD 6.92bn

Revenue, up 5.4% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue6.57bn6.92bnUp 5.4%
Net income1.19bn1.28bnUp 7.6%
Total assets10.82bn10.74bnDown 0.7%
Total liabilities9.78bn9.39bnDown 4%
Long-term debt2.48bn2.49bnUp 0.1%
Cash and cash equivalents2.74bn2.07bnDown 24.5%
Shareholders' equity1.04bn1.35bnUp 29.9%

Questions people ask

Did NetApp, Inc.'s revenue grow last year?

Revenue grew 5.4%, from USD 6.57bn to USD 6.92bn in the year ended 24 Apr 2026.

Is NetApp, Inc. profitable?

Yes. Net income was USD 1.28bn in the year ended 24 Apr 2026. The year before: USD 1.19bn.

How much cash and debt does NetApp, Inc. have?

At its latest year end (24 Apr 2026), NetApp, Inc. reported cash and cash equivalents of USD 2.07bn and long-term debt of USD 2.49bn.

Where do these numbers come from?

From NetApp, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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NetApp, Inc. (NTAP) 10-K: what changed year on year | LYNORIQ Insights