Company / Net Income
NetApp Net Income History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$1.3B
FY2025
5-year range
$730.0M / $1.3B
FY2021-FY2025
Trend
+7.6%
vs FY2024
Sector context
#38 of 317
Information Technology
What the data says
NetApp's net income of $1.3B is higher than 88% of companies in the Information Technology sector (FY2025). Net Income has fluctuated over the past 9 years, ranging from $116M in FY2020 to $1.3B in FY2025.
Based on SEC 10-K filings.
$1.3B in FY2025 with a 5-year CAGR of +61.5%. Top quartile in the Information Technology sector.
Improved from $730M to $1.3B over the past 2 years.
Information Technology sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +15.9%
- 5-Year CAGR
- +61.5%
- 10-Year CAGR
- -
Sector benchmark
-19.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +61.5%, indicating consistent growth.
- In FY2025, net income increased 7.6% year-over-year.
- Ranks #38 out of 317 companies in the Information Technology sector.
- Lowest net income in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.19 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | $1.3B | +7.6% |
| FY2024 | $1.2B | +62.5% |
| FY2023 | $730.0M | -10.9% |
| FY2022 | $819.0M | -29.9% |
| FY2021 | $1.2B | +907.8% |
| FY2020 | $116.0M | -75.9% |
| FY2019 | $481.0M | -58.9% |
| FY2018 | $1.2B | +108.7% |
| FY2017 | $560.0M | -12.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026