NetApp, Inc. NTAP

201.15 3.91 1.98% as of 25 Sep
Market cap
$38.8B
P/E
28.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NetApp, Inc. (NTAP) Revenue growth

NetApp, Inc.'s revenue growth over the twelve months to 31 July 2026 was 12.2%, up 6.8 percentage points from fiscal 2026 (5.37%). Over the past ten years it has ranged from −11.9% (fiscal 2020) to 9.99% (fiscal 2022); the current reading is higher than 75% of that period. That is below the Software Infrastructure industry median of 13.4% and in line with the Technology sector median of 11.9%.

Revenue growth, annual

Annual

Period Revenue growth Change (points)
FY2026 5.37% 0.52
FY2025 4.85% 6.33
FY2024 −1.48% (2.18)
FY2023 0.70% (9.29)
FY2022 9.99% 3.86
FY2021 6.13% 18.07
FY2020 −11.9% (15.78)
FY2019 3.84% (3.95)
FY2018 7.79% 8.78
FY2017 −0.99% 8.43

Quarterly

Period Revenue growth Change (points)
Jul 2026 29.9% 17.42
Apr 2026 12.5% 8.08
Jan 2026 4.39% 1.56
Oct 2025 2.83% 1.66
43 more quarters

Against its own ten years

Low −11.9% High 9.99%
Ten-year median 2.27%
Current reading's percentile 75

Revenue growth against peers

Company Revenue growth
CRWV CoreWeave Inc. compare 115.3%
MDB MongoDB, Inc. compare 25.5%
ZS Zscaler, Inc. compare 25.4%
CPAY Corpay, Inc. compare 20.4%
TWLO Twilio Inc. compare 17.8%
NTAP NetApp, Inc. 12.2%
OKTA Okta, Inc. compare 11.2%
VRSN VeriSign, Inc. compare 6.86%
XYZ Block, Inc. compare 5.07%
Software Infrastructure industry median 13.4%
Technology sector median 11.9%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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