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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/Sales

Alert me on EV/Sales

As of 16 October 2026, NetApp, Inc. (NTAP) trades at a EV/Sales of 5.3×. Over the past ten years it has ranged from 0.5× (February 2016) to 6.2× (October 2026); the current reading is higher than 99% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2026 3.1× 16.34%
FY2025 2.7× (17.26%)
FY2024 3.3× 57.02%
FY2023 2.1× (12.72%)
FY2022 2.4× (6.99%)
FY2021 2.6× 55.19%
FY2020 1.6× (37.38%)
FY2019 2.6× 5.48%
FY2018 2.5× 79.59%
FY2017 1.4× 97.94%

Quarterly newest first

Period EV/Sales Change
Jul 2026 4.6× 46.39%
Apr 2026 3.1× 7.65%
Jan 2026 2.9× (18.36%)
Oct 2025 3.6× 12.72%
43 more quarters

Against its own ten years

Low 0.5× High 6.2×
Ten-year median 2.3×
Current reading's percentile 99

EV/Sales against peers

Company EV/Sales
XYZ Block, Inc. compare 1.9×
NTAP NetApp, Inc. 5.3×
TWLO Twilio Inc. compare 6.4×
CRWV CoreWeave Inc. compare 8.3×
ZS Zscaler, Inc. compare 9.7×
MDB MongoDB, Inc. compare 9.7×
OKTA Okta, Inc. compare 10.1×
VRSN VeriSign, Inc. compare 16.8×
NBIS Nebius Group N.V. compare 34.6×
Software Infrastructure industry median 2.9×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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