NetApp (NTAP) Revenue — Quarter Ended Oct 25, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. The growth reflects continued positive momentum in the company's performance.
Key takeaway
Quarter ended Oct 25, 2024 · FY2025 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The growth reflects continued positive momentum in the company's performance.
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
+7.6%
Change from the immediately preceding quarter.
Year-over-year
+6.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.5B
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 |
|---|---|---|
| Jan 26, 2024 | $1.6B | +5.2% |
| Apr 26, 2024 | $1.7B | +5.5% |
| Jul 26, 2024 | $1.5B | +7.6% |
| Oct 25, 2024 | $1.7B | +6.1% |
Revenue performance
The reported revenue shows an upward direction, building on the gains seen in the preceding quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved, and it also rose relative to the same quarter one year earlier.
What to watch
Monitor whether the revenue growth rate can be sustained in the coming quarters.