To the full analysis
NetApp stock: growth
NTAPNetApp reported $6.93B in revenue for fiscal 2026, up 5.4% on the prior year, up 3.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.9%
per year from 2007 to 2026, per share 8.4%
Earnings (Annual rate)
8%
per year from 2007 to 2026, per share 11.6%
Free cash flow (Annual rate)
5.3%
per year from 2007 to 2026, per share 8.9%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 3.8% | 2.2% | 4.9% |
| Revenue per share | 6.3% | 6.4% | 8.4% |
| Earnings | 11.8% | 18.7% | 8.0% |
| Earnings per share | 14.3% | 23.5% | 11.6% |
| Free cash flow | 9.8% | 8.7% | 5.3% |
| Free cash flow per share | 12.5% | 13.1% | 8.9% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $2.8B | $297.74M | $698.63M |
| 2008 | $3.3B | $309.74M | $820.61M |
| 2009 | $3.41B | $86.55M | $599.57M |
| 2010 | $3.93B | $400.4M | $839.4M |
| 2011 | $5.12B | $673.1M | $1.12B |
| 2012 | $6.23B | $605.4M | $1.06B |
| 2013 | $6.33B | $505.3M | $1.08B |
| 2014 | $6.33B | $637.5M | $1.13B |
| 2015 | $6.12B | $559.9M | $1.09B |
| 2016 | $5.55B | $229M | $814M |
| 2017 | $5.52B | $509M | $811M |
| 2018 | $5.91B | $76M | $1.33B |
| 2019 | $6.15B | $1.17B | $1.17B |
| 2020 | $5.41B | $819M | $936M |
| 2021 | $5.74B | $730M | $1.17B |
| 2022 | $6.32B | $937M | $985M |
| 2023 | $6.36B | $1.27B | $868M |
| 2024 | $6.27B | $986M | $1.53B |
| 2025 | $6.57B | $1.19B | $1.34B |
| 2026 | $6.93B | $1.28B | $1.87B |
Revenue by segment
How NetApp, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product$3.2B46%
- Support$2.6B38%
- Public Cloud$688.0M10%
- Professional And Other Services$407.0M6%
The company split earlier years differently. A history would not be comparable, so only 2026 is shown.
Figures as a table
| 2026 | Share 2026 | |
|---|---|---|
| Product | $3.19B | 46.1% |
| Support | $2.64B | 38.1% |
| Public Cloud | $688M | 9.9% |
| Professional And Other Services | $407M | 5.9% |
| Total revenue | $6.93B | 100% |
Revenue by region
Where NetApp, Inc. generates its revenue.
- Americas51%
- E M E A34%
- Asia Pacific15%
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $3.08B | $3.18B | $3.43B | $2.86B | $3.1B | $3.46B | $3.39B | $3.19B | $3.35B | $3.51B | 50.6% |
| E M E A | $1.71B | $1.88B | $1.85B | $1.74B | $1.78B | $1.98B | $2.06B | $2.1B | $2.2B | $2.36B | 34.1% |
| Asia Pacific | $730M | $844M | $874M | $807M | $872M | $879M | $909M | $971M | $1.02B | $1.06B | 15.3% |
| Total revenue | $5.52B | $5.91B | $6.15B | $5.41B | $5.74B | $6.32B | $6.36B | $6.27B | $6.57B | $6.93B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 24 Apr 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 6 Feb 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.