NetApp (NTAP) 10-K Summary — Year Ended Apr 25, 2025
NetApp reported a revenue increase for the latest annual period, with operating income, net income, and operating cash flow all at positive levels. The filing describes the company's business, risk factors, and management's discussion of financial condition and results.
Key takeaway
Year ended Apr 25, 2025 · FY2026 10-K
NetApp reported a revenue increase for the latest annual period, with operating income, net income, and operating cash flow all at positive levels. The filing describes the company's business, risk factors, and management's discussion of financial condition and results.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$6.6B
Revenue reported for the fiscal year.
Operating income
$1.3B
Income from operations reported for the year.
Net income
$1.2B
Net income reported for the year.
Operating cash flow
$1.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 29, 2022 | $6.3B | n/a |
| Apr 28, 2023 | $6.4B | +0.7% |
| Apr 26, 2024 | $6.3B | -1.5% |
| Apr 25, 2025 | $6.6B | +4.9% |
Business overview
NetApp provides data management and storage solutions. The filing's business overview section outlines the company's operations, but no further details on products or markets are supplied.
Financial performance
Revenue for the latest annual period increased compared to the prior year. Operating income, net income, and operating cash flow were all reported as positive figures, indicating profitability and cash generation.
Material risks
The filing includes a dedicated risk factors section, but the supplied context does not specify any individual risks. Readers should refer to the full filing for details on potential material risks.
Liquidity and capital
The filing includes management's discussion and analysis of financial condition and results of operations, but no specific liquidity or capital-allocation themes are detailed in the supplied context.
What to watch
Monitor whether the revenue growth trend continues in the next filing, given the recent increase after a prior decline.