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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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, NetApp, Inc. (NTAP) trades at a P/E ratio of 28.4×. Over the past ten years it has ranged from 0.0× (April 2018) to 295× (July 2018); the current reading is higher than 85% of that period. That is in line with the Software Infrastructure industry median of 28.4× and in line with the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 17.2× 11.52%
FY2025 15.4× (28.21%)
FY2024 21.5× 98.66%
FY2023 10.8× (38.38%)
FY2022 17.6× (22.57%)
FY2021 22.7× 85.68%
FY2020 12.2× (22.30%)
FY2019 15.7× (93.38%)
FY2018 238× 995.38%
FY2017 21.7× (27.33%)

Quarterly newest first

Period P/E ratio Change
Jul 2026 24.9× 44.31%
Apr 2026 17.2× 6.94%
Jan 2026 16.1× (20.26%)
Oct 2025 20.2× 11.94%
43 more quarters

Against its own ten years

Low 0.0× High 295×
Ten-year median 20.1×
Current reading's percentile 83

P/E ratio against peers

Company P/E ratio
CRWV CoreWeave Inc. compare n/m
ZS Zscaler, Inc. compare n/m
NTAP NetApp, Inc. 28.4×
TWLO Twilio Inc. compare 32.5×
VRSN VeriSign, Inc. compare 32.8×
OKTA Okta, Inc. compare 111×
XYZ Block, Inc. compare 134×
MDB MongoDB, Inc. compare 456×
NBIS Nebius Group N.V. compare 636×
Software Infrastructure industry median 28.4×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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