NetApp, Inc. (NTAP)

From the record

NetApp, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

NetApp, Inc.'s 10 filed years say what it did: revenue went from $5.5 billion in fiscal 2017 to $6.9 billion in fiscal 2026, up 2.6% a year; it rose in 7 of 9 years; the deepest fall was 12% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-04-24, NetApp, Inc.'s diluted share count shrank about 3.0% a year, and dividends and buybacks returned about 81% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 43 sales (39 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-04-24, NetApp, Inc. earned about 94 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 46 cents per dollar of everything the company owns. Leverage: it owed about 87 cents per dollar of assets, and net share issuance: its share count shrank 3.8% over the year (the filed statements).

From the record

NetApp, Inc.'s standing among 63 graded names in its industry family: revenue of $6.9 billion in fiscal 2026 ranks in the top 22% by size; a net margin of 18.4% ranks in the top 7%; revenue growth of 2.9% a year over the last 3 filed years ranks in the bottom 47% (its annual reports).

From the record

NetApp, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Kurian, George (CEO, as filed), filing under that title since 2015-06-03, 11.4 years (top 5% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 45%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

NetApp, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $2.1 billion against debt of $2.5 billion leaves -3.9% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 27% of revenue (top 6%); a gross margin of 70.7% (top 3%); research spending of 14.3% of revenue (top 8%) (its annual report).

From the record

NetApp, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 2.9% a year over the last three filed years against 2.6% over all 10, speeding up (top 44% of its family); the newest year grew 5.4% (top 50%); research spending grew 1.2% a year (bottom 27%); capital spending grew -6.1% a year (bottom 36%) (its annual reports). NetApp, Inc. reported 4 product lines in fiscal 2026: Product at $3.2 billion (46%), Support at $2.6 billion (38%), Public Cloud at $688 million (10%), and 1 more; 4 of 4 grew against the year before (its annual report).

From the record

NetApp, Inc.'s newest year against its own record: revenue of $6.9 billion in fiscal 2026 came in 3.7% above the $6.7 billion its prior three years' pace pointed to (bottom 46% of its family); net income of $1.3 billion against a prior three-year average of $1.1 billion (bottom 48%); a net margin of 18.4% against 17.9% before (top 46%) (its annual reports).