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Saturday 17 October 2026 Export NTAP’s income statement to Excel — free account

NetApp, Inc.

NTAP Technology Software Infrastructure

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.

203.80 10.90 −5.08%
Market cap
$42.2B
P/E
28.4×
Fwd P/E
23.4×
Dividend yield
1.02%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

NetApp, Inc. (NTAP) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, NetApp, Inc. (NTAP) trades at a EV/EBITDA of 19.1×. Over the past ten years it has ranged from 3.8× (January 2016) to 22.5× (October 2026); the current reading is higher than 99% of that period. That is above the Software Infrastructure industry median of 13.9× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2026 11.6× 3.36%
FY2025 11.2× (19.34%)
FY2024 13.9× 33.32%
FY2023 10.4× (6.21%)
FY2022 11.1× (6.25%)
FY2021 11.8× 51.41%
FY2020 7.8× (31.30%)
FY2019 11.4× 4.74%
FY2018 10.9× 20.92%
FY2017 9.0× 45.07%

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 16.7× 44.16%
Apr 2026 11.6× 0.45%
Jan 2026 11.5× (20.21%)
Oct 2025 14.4× 10.55%
43 more quarters

Against its own ten years

Low 3.8× High 22.5×
Ten-year median 11.0×
Current reading's percentile 99

EV/EBITDA against peers

Company EV/EBITDA
CRWV CoreWeave Inc. compare 16.1×
NTAP NetApp, Inc. 19.1×
VRSN VeriSign, Inc. compare 24.5×
OKTA Okta, Inc. compare 62.8×
TWLO Twilio Inc. compare 70.0×
ZS Zscaler, Inc. compare 120×
XYZ Block, Inc. compare 133×
NBIS Nebius Group N.V. compare 331×
MDB MongoDB, Inc. compare 1,176×
Software Infrastructure industry median 13.9×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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