NetApp, Inc.NTAP

Market cap

$23.3B

P/E ratio

	Apr 29, 2011	Apr 27, 2012	Apr 26, 2013	Apr 25, 2014	Apr 24, 2015	Apr 29, 2016	Apr 28, 2017	Apr 27, 2018	Apr 26, 2019	Apr 24, 2020	Apr 30, 2021	Apr 29, 2022	Apr 28, 2023	Apr 26, 2024
Product	-	-	-	-	-	-	-	-	3,755	2,995	2,991	3,284	3,049	2,849
Service	-	-	-	-	-	-	-	-	-	-	-	3,034	3,313	3,419
Net revenues	-	-	-	-	-	-	-	-	6,146	5,412	5,744	6,318	6,362	6,268
Product	-	-	-	-	-	-	-	-	1,752	1,368	1,432	1,554	1,517	1,137
Service	-	-	-	-	-	-	-	-	-	-	-	544	636	698
Total cost of revenues	-	-	-	-	-	-	-	-	2,201	1,789	1,929	2,098	2,153	1,835
Gross profit	3,329	3,713	3,761	3,919	3,833	3,373	3,390	3,699	3,945	3,623	3,815	4,220	4,209	4,433
Sales and marketing	1,597	1,864	1,975	1,898	1,913	1,792	1,633	1,729	1,657	1,585	1,744	1,857	1,829	1,828
Research and development	649	828	904	917	919	861	779	783	827	847	881	881	956	1,029
General and administrative	251	265	273	281	284	307	271	280	278	263	257	279	265	308
Restructuring charges	2	-	-	88	-	108	52	-	35	21	42	33	120	44
Acquisition-related expense	-	-	-	-	-	-	-	-	-	-	16	13	21	10
Gain on sale or derecognition of assets	-	-	-	-	-	-	-	-	73	38	156	-	-	-
Total operating expenses	2,504	2,967	3,153	3,185	3,117	3,025	2,725	2,574	2,724	2,678	2,784	3,063	3,191	3,219
Income from operations	824	747	608	734	717	348	665	1,125	1,221	945	1,031	1,157	1,018	1,214
Other income (expense), net	-30	-34	-41	6	-4	-3	-	41	47	-1	-69	-62	48	49
Income before income taxes	-	-	-	741	713	345	665	1,166	1,268	944	962	1,095	1,066	1,263
Income Tax Expense (Benefit)	121	107	61	103	153	116	156	1,090	99	125	232	158	-208	277
Net income	673	605	505	638	560	229	509	76	1,169	819	730	937	1,274	986
Basic	1.87	1.66	1.4	1.87	1.77	0.78	1.85	0.28	4.6	3.56	3.29	4.2	5.87	4.74
Diluted	1.71	1.58	1.37	1.83	1.75	0.77	1.81	0.28	4.51	3.52	3.23	4.09	5.79	4.63