NetApp, Inc.
NTAP Technology Software Infrastructure
NetApp, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $6.9 billion, up 5.37% from fiscal 2025. In the quarter to July 2026, revenue grew 29.9%, EPS grew 64.7%, free cash flow fell 35.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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NetApp, Inc. 10-Q filed Sep 2, 2026
Red flags
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Inventory outpacing revenue
Inventory grew 182.0% while revenue grew 30.1% year over year
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Feb 26, 2026: 32 added · 24 removed · 30 modified; 8 with only figures updated
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Removed · Our Company
NetApp helps customers make their data infrastructure more seamless, more dynamic, and higher performing. We were incorporated in 1992, are headquartered in San Jose, California, and provide a full range of enterprise-class software, systems and services that customers use to transform their data infrastructures across data types, workloads, and environments to realize business possibilities.