NetApp, Inc. FY 2026 10-K, explained in plain English
Key financials — as reported
| Total revenue | $6.9B |
| Gross margin | 70.7% |
| Operating income | $1.7B |
| Net income | $1.3B |
| Diluted EPS | $6.35 |
| Cash & equivalents | $2.1B |
| Total assets | $10.7B |
| Long-term debt | $2.5B |
Key takeaway
NetApp reported $6.925 billion in revenue with a 70.7% gross margin and $1.276 billion in net income for fiscal 2026.
🔒 4 more takeaways in the full analysis
Beneath the surface
Net debt is effectively negative: $3.584 billion in cash plus short-term investments comfortably exceeds the $2.487 billion long-term debt balance, contrary to any headline debt concern.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for NTAP.
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