# NetApp, Inc. (NTAP) · Edgar & Edgarette company card

> NetApp (NTAP) grew revenue 5.4% in FY2026 to $6.9 billion, operating margin 24.2% against a 3.1% median for computer storage devices, equity 12.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1002047 · fiscal year ended 2026-04-24 · 5 audited years read · [page](https://www.pops4.com/boards/company/NTAP) · [JSON](https://www.pops4.com/boards/company/NTAP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.9B |
| Revenue growth, 1 year | 5.4% |
| Revenue growth per year | 2.3% |
| Operating margin | 24.2% (prior year 20.3%) |
| Net margin | 18.4% |
| Operating cash flow | $2.1B |
| Capital spending | $198M |
| Free cash flow | $1.9B |
| Cash | $2.1B |
| Long-term debt | $2.5B |
| Total assets | $10.7B |
| Total equity | $1.4B |
| Equity ÷ assets | 12.6% |
| Return on equity | 94.4% |
| Dividend per share | $2.08 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 2.32 (grey zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.74 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $6.9B (FY2026), total debt $2.5B. Experience: revenue up 5.4% on the year, up 2.3% a year over 4 years; operating margin 24.2%, up from 20.3%. Soundness: equity 12.6% of assets, return on equity 94.4%, payout 32.4% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.4B and $7.7B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $6.0B to $8.3B. A statistical range, not company guidance. Against peers (35 filers, $50M+ revenue, its industry group): operating margin 24.2% against a 3.1% median; growth 5.4% against 6.6%.

Range logged 2026-09-24, receipt 64bd01ffd1e12592, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-01-12 ([filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526010401/0001193125-26-010401-index.htm))

## Recent filings

- 8-K · filed 2026-09-11 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526389273/0001193125-26-389273-index.htm)
- 10-Q · filed 2026-09-02 · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526380207/0001193125-26-380207-index.htm)
- 8-K · filed 2026-09-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000100204726000003/0001002047-26-000003-index.htm)
- DEF 14A · filed 2026-07-28 · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526321210/0001193125-26-321210-index.htm)
- 10-K · filed 2026-06-05 · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526259683/0001193125-26-259683-index.htm)
- 8-K · filed 2026-05-28 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002047/000119312526245196/0001193125-26-245196-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001002047.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1002047

## Cite

POPS4, Edgar & Edgarette: NetApp, Inc. (NTAP) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/NTAP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.