NetApp (NASDAQ:NTAP) Full Year 2025 Results
Key Financial Results
- Revenue: US$6.57b (up 4.9% from FY 2024).
- Net income: US$1.19b (up 20% from FY 2024).
- Profit margin: 18% (up from 16% in FY 2024). The increase in margin was driven by higher revenue.
- EPS: US$5.81 (up from US$4.74 in FY 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period

NetApp EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%.
The primary driver behind last 12 months revenue was the Hybrid Cloud segment contributing a total revenue of US$5.91b (90% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$1.87b (54% of total expenses). Explore how NTAP's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Tech industry in the US.
Performance of the American Tech industry.
The company's shares are down 1.1% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of NetApp's balance sheet and an in-depth analysis of the company's financial position.
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About NasdaqGS:NTAP
NetApp
Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
Undervalued with excellent balance sheet and pays a dividend.
Market Insights
Weekly Picks
Early mover in a fast growing industry. Likely to experience share price volatility as they scale

A case for CA$31.80 (undiluted), aka 8,616% upside from CA$0.37 (an 86 bagger!).

Moderation and Stabilisation: HOLD: Fair Price based on a 4-year Cycle is $12.08
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