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NTAPNetApp

Technology · Computer Storage · Nasdaq

NetApp, Inc. (NetApp, we, us, or the Company), headquartered in San Jose, California, is a global leader in Intelligent Data Infrastructure. 10-K, Item 1

Employees
11,700
Headquarters
San Jose, CA
CEO
George Kurian
Next results
around Nov 24, 2026
Compare with peers → Embed
RevenueFY2017–26 $6.9B+5.4% Highest in 10 years 10-K FY2026 · XBRL Net incomeFY2017–26 $1.3B+7.6% Highest in 10 years 10-K FY2026 · XBRL Free cash flowFY2017–26 $1.9B+39.7% Highest in 10 years 10-K FY2026 · XBRL Operating marginFY2017–26 24.2%+3.8 pts 11.3% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed Jun 5, 2026 against Jun 9, 2025
AreaWhat changedSource
Risk factors8 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Accounting checks11 other checks clear10-K · XBRL
InsidersNo open-market buys in the last 90 daysForm 4
Filings0 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Jun 5, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-06-09. Quoted as filed.

  1. The rapid emergence of generative artificial intelligence (GenAI), including agentic AI, is reshaping demand patterns for storage and data management infrastructure in ways that are still evolving. Our ability to keep pace with the changing requirements of these technologies, and to adapt our products and go-to-market strategies…
    10-K, Item 1A
All 8 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

  • ✓
    Receivables +3.2% vs revenue +5.4% (-2.2 pts)
  • ✓
    Cash from operations $2.1B vs net income $1.3B (FY ending 2026-04-24)
  • ✓
    Inventory +6.5% vs revenue +5.4% (+1.1 pts)
  • ✓
    Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    The same matters as last year: Revenue
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 2.06 in the last 2 years
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Work on NTAP in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/NTAP/export.csv") into a cell.