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Friday 6 November 2026 Export NTAP’s income statement to Excel — free account

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.

Revenue
+29.9%
EPS
+64.7%
Free cash flow
−35.3%
Total debt
+0.12%

Quarter to July 2026, against a year earlier

170.57 17.10 −9.11%
Market cap
$33.3B
P/E
23.8×
Fwd P/E
25.7×
Dividend yield
1.22%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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NetApp, Inc. (NTAP) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, NetApp, Inc. (NTAP) trades at a P/E ratio of 23.8×. Over the past ten years it has ranged from 0.0× (April 2018) to 295× (July 2018); the current reading is higher than 71% of that period. That is in line with the Software Infrastructure industry median of 24.4× and below the Technology sector median of 25.7×.

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 20.2×
Current reading's percentile 69

P/E ratio against peers

Company P/E ratio
CRWV CoreWeave Inc. compare n/m
ZS Zscaler, Inc. compare n/m
NTAP NetApp, Inc. 23.8×
TWLO Twilio Inc. compare 24.3×
CPAY Corpay, Inc. compare 24.5×
VRSN VeriSign, Inc. compare 33.5×
OKTA Okta, Inc. compare 102×
XYZ Block, Inc. compare 112×
NBIS Nebius Group N.V. compare 466×
Software Infrastructure industry median 24.4×
Technology sector median 25.7×
Market median 17.9×

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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