NetApp (NTAP) Revenue — Quarter Ended Apr 26, 2024
The company reported an increase in revenue for the quarter. Both sequential and year-over-year comparisons reflected positive growth.
Key takeaway
Quarter ended Apr 26, 2024 · FY2024 Q4
The company reported an increase in revenue for the quarter. Both sequential and year-over-year comparisons reflected positive growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
+5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 28, 2023 | $1.4B | -10.1% |
| Oct 27, 2023 | $1.6B | -6.1% |
| Jan 26, 2024 | $1.6B | +5.2% |
| Apr 26, 2024 | $1.7B | +5.5% |
Revenue performance
Revenue rose during the quarter, continuing the upward trajectory seen in the prior period.
Quarterly comparison
Revenue increased compared to the immediately preceding quarter. Revenue also increased compared to the same quarter one year earlier.
What to watch
The sustainability of the recent revenue growth trend warrants continued observation.