Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.49B | $5.92B | $6.15B | $5.41B | $5.74B | $6.32B | $6.36B | $6.27B | $6.57B | $6.92B |
| Revenue growth | — | 7.8% | 3.8% | -11.9% | 6.1% | 10.0% | 0.7% | -1.5% | 4.9% | 5.4% |
| Gross profit | $3.36B | $3.71B | $3.94B | $3.62B | $3.81B | $4.22B | $4.21B | $4.43B | $4.61B | $4.90B |
| Gross margin | 61.3% | 62.7% | 64.2% | 66.9% | 66.4% | 66.8% | 66.2% | 70.7% | 70.2% | 70.7% |
| Operating income | $621M | $1.16B | $1.22B | $945M | $1.03B | $1.16B | $1.02B | $1.21B | $1.34B | $1.67B |
| Operating margin | 11.3% | 19.6% | 19.9% | 17.5% | 17.9% | 18.3% | 16.0% | 19.4% | 20.3% | 24.2% |
| Net income | $481M | $116M | $1.17B | $819M | $730M | $937M | $1.27B | $986M | $1.19B | $1.28B |
| Net margin | 8.8% | 2.0% | 19.0% | 15.1% | 12.7% | 14.8% | 20.0% | 15.7% | 18.0% | 18.4% |
| EPS (diluted) | $1.71 | $0.42 | $4.51 | $3.52 | $3.23 | $4.09 | $5.79 | $4.63 | $5.67 | $6.35 |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $986M | $1.48B | $1.34B | $1.06B | $1.33B | $1.21B | $1.11B | $1.69B | $1.51B | $2.07B |
| Capital expenditures | $175M | $145M | $173M | $124M | $162M | $226M | $239M | $155M | $168M | $198M |
| Free cash flow | $811M | $1.33B | $1.17B | $936M | $1.17B | $985M | $868M | $1.53B | $1.34B | $1.87B |
| Share buybacks | $705M | $794M | $2.11B | $1.41B | $125M | $600M | $850M | $900M | $1.15B | $950M |
| Dividends paid | $208M | $214M | $403M | $439M | $427M | $446M | $432M | $416M | $424M | $413M |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.44B | $2.94B | $2.33B | $2.66B | $4.53B | $4.11B | $2.32B | $1.90B | $2.74B | $2.07B |
| Total assets | $9.49B | $9.99B | $8.74B | $7.52B | $9.36B | $10.0B | $9.82B | $9.89B | $10.8B | $10.7B |
| Total liabilities | $6.71B | $7.71B | $7.65B | $7.28B | $8.68B | $9.19B | $8.66B | $8.74B | $9.78B | $9.39B |
| Long-term debt | $744M | $1.54B | $1.14B | $1.15B | $2.63B | $2.39B | $2.39B | $1.99B | $2.48B | $2.49B |
| Shareholders' equity | $2.95B | $2.28B | $1.09B | $242M | $685M | $838M | $1.16B | $1.15B | $1.04B | $1.35B |
| Retained earnings | $40.0M | -$9.00M | $0.00 | $0.00 | $211M | $122M | $265M | $208M | $0.00 | $153M |
| Shares (wtd avg diluted) | 281M | 276M | 259M | 233M | 226M | 229M | 220M | 213M | 209M | 201M |
Every figure is extracted from NetApp, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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