NetApp (NTAP) Revenue — Quarter Ended Jul 25, 2025
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates underlying growth.
Key takeaway
Quarter ended Jul 25, 2025 · FY2025 Q1
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates underlying growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
-10.0%
Change from the immediately preceding quarter.
Year-over-year
+8.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 |
|---|---|---|
| Oct 25, 2024 | $1.7B | +6.1% |
| Jan 24, 2025 | $1.6B | +2.2% |
| Apr 25, 2025 | $1.7B | +3.8% |
| Jul 25, 2025 | $1.6B | +8.9% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, marking a sequential contraction.
Quarterly comparison
Compared with the same quarter one year earlier, revenue increased. The prior quarter had shown a sequential increase, making the current quarter's decline a reversal of that trend.
What to watch
Monitor whether the sequential revenue decline continues into the next quarter or stabilizes.