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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/S ratio

Alert me on P/S ratio

As of 16 October 2026, NetApp, Inc. (NTAP) trades at a P/S ratio of 5.4×. Over the past ten years it has ranged from 1.1× (January 2016) to 6.3× (October 2026); the current reading is higher than 99% of that period. That is above the Software Infrastructure industry median of 3.0× and above the Technology sector median of 2.7×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2026 3.2× 14.26%
FY2025 2.8× (17.86%)
FY2024 3.4× 56.13%
FY2023 2.2× (16.83%)
FY2022 2.6× (9.52%)
FY2021 2.9× 55.19%
FY2020 1.9× (38.22%)
FY2019 3.0× (0.13%)
FY2018 3.0× 49.88%
FY2017 2.0× 62.83%

Quarterly newest first

Period P/S ratio Change
Jul 2026 4.7× 48.71%
Apr 2026 3.2× 10.67%
Jan 2026 2.9× (18.55%)
Oct 2025 3.5× 11.19%
43 more quarters

Against its own ten years

Low 1.1× High 6.3×
Ten-year median 2.6×
Current reading's percentile 99

P/S ratio against peers

Company P/S ratio
XYZ Block, Inc. compare 1.9×
CRWV CoreWeave Inc. compare 4.5×
NTAP NetApp, Inc. 5.4×
TWLO Twilio Inc. compare 6.7×
MDB MongoDB, Inc. compare 9.8×
ZS Zscaler, Inc. compare 9.9×
OKTA Okta, Inc. compare 10.6×
VRSN VeriSign, Inc. compare 16.1×
NBIS Nebius Group N.V. compare 34.2×
Software Infrastructure industry median 3.0×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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