NTAPNetApp

Technology · Computer Storage · Nasdaq

NTAP and 9 peers, year by year

The 9 Technology companies closest to NTAP in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
NTAP NetApp	FY2026	$6.9B	+5.4%	70.7%	24.2%	18.4%	27.0%	94.4%	1.84
PLTR Palantir Technologies	FY2025	$4.5B	+56.2%	82.4%	31.6%	36.3%	46.9%	22.0%	-
ADSK Autodesk	FY2026	$7.2B	+17.5%	91.0%	21.9%	15.6%	33.4%	36.9%	0.82
FTNT Fortinet	FY2025	$6.8B	+14.2%	80.5%	30.7%	27.3%	32.7%	149.8%	0.81
COHR Coherent Corp.	FY2026	$7.1B	+22.5%	-	-	11.3%	−14.4%	7.4%	0.30
KEYS Keysight Technologies	FY2025	$5.4B	+8.0%	-	16.3%	15.8%	23.8%	14.5%	0.43
TDY Teledyne Technologies	FY2025	$6.1B	+7.9%	-	18.8%	14.6%	17.6%	8.5%	0.24
IT Gartner	FY2025	$6.5B	+3.7%	68.8%	15.8%	11.2%	-	n/m	9.32
ON ON Semiconductor	FY2025	$6.0B	−15.3%	33.1%	1.4%	2.0%	23.7%	1.6%	0.39
ROP Roper Technologies	FY2025	$7.9B	+12.3%	69.2%	28.3%	19.4%	-	7.7%	0.47

Revenuepeer median $6.5B

Sales growthpeer median +12.3%

Gross marginpeer median 74.9%

Operating marginpeer median 20.4%

Net marginpeer median 15.6%

FCF marginpeer median 23.8%

Return on equitypeer median 11.5%

Debt / equitypeer median 0.45

IT 9.32
NTAP 1.84
ADSK 0.82
FTNT 0.81
ROP 0.47
KEYS 0.43
ON 0.39
COHR 0.30
TDY 0.24
PLTR -

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2017 to FY2026

Revenue as reported in the 10-K.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	$5.5B	$5.9B	$6.1B	$5.4B	$5.7B	$6.3B	$6.4B	$6.3B	$6.6B	$6.9B
PLTR Dec	-	$595.4M	$742.6M	$1.1B	$1.5B	$1.9B	$2.2B	$2.9B	$4.5B	-
ADSK Jan	$2.0B	$2.1B	$2.6B	$3.3B	$3.8B	$4.4B	$5.0B	$5.5B	$6.1B	$7.2B
FTNT Dec	$1.5B	$1.8B	$2.2B	$2.6B	$3.3B	$4.4B	$5.3B	$6.0B	$6.8B	-
COHR Jun	$972.0M	$1.2B	$1.4B	$3.1B	-	$3.3B	$5.2B	$4.7B	$5.8B	$7.1B
KEYS Oct	$3.2B	$3.9B	$4.3B	$4.2B	$4.9B	$5.4B	$5.5B	$5.0B	$5.4B	-
TDY Dec	$2.6B	$2.9B	$3.2B	$3.1B	$4.6B	$5.5B	$5.6B	$5.7B	$6.1B	-
IT Dec	$3.3B	$4.0B	$4.2B	$4.1B	$4.7B	$5.5B	$5.9B	$6.3B	$6.5B	-
ON Dec	$5.5B	$5.9B	$5.5B	$5.3B	$6.7B	$8.3B	$8.3B	$7.1B	$6.0B	-
ROP Dec	$4.6B	$5.2B	$4.7B	$4.0B	$4.8B	$5.4B	$6.2B	$7.0B	$7.9B	-
Peer median	$2.9B	$2.9B	$3.2B	$3.3B	$4.7B	$5.4B	$5.5B	$5.7B	$6.1B	-

Sales growth, FY2017 to FY2026

Revenue against the fiscal year before.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	−0.5%	+7.8%	+3.8%	−11.9%	+6.1%	+10.0%	+0.7%	−1.5%	+4.9%	+5.4%
PLTR Dec	-	-	+24.7%	+47.2%	+41.1%	+23.6%	+16.7%	+28.8%	+56.2%	-
ADSK Jan	−18.9%	+1.3%	+25.0%	+27.4%	+15.8%	+15.7%	+14.1%	+9.8%	+11.5%	+17.5%
FTNT Dec	+17.2%	+20.5%	+19.9%	+19.9%	+28.8%	+32.2%	+20.1%	+12.3%	+14.2%	-
COHR Jun	+17.5%	+19.2%	+17.6%	+30.5%	-	+6.8%	+55.6%	−8.8%	+23.4%	+22.5%
KEYS Oct	+9.3%	+21.6%	+11.0%	−1.9%	+17.1%	+9.7%	+0.8%	−8.9%	+8.0%	-
TDY Dec	+21.1%	+11.4%	+9.0%	−2.4%	+49.5%	+18.3%	+3.2%	+0.6%	+7.9%	-
IT Dec	+35.5%	+20.1%	+6.8%	−3.4%	+15.5%	+15.7%	+7.9%	+6.1%	+3.7%	-
ON Dec	+41.9%	+6.0%	−6.1%	−4.8%	+28.3%	+23.5%	−0.9%	−14.2%	−15.3%	-
ROP Dec	+21.6%	+12.7%	+3.4%	+2.7%	+20.2%	+11.1%	+15.0%	+13.9%	+12.3%	-
Peer median	+19.3%	+15.9%	+11.0%	+2.7%	+24.2%	+15.7%	+14.1%	+6.1%	+11.5%	-

Gross margin, FY2017 to FY2026

Gross profit / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	61.0%	62.7%	64.2%	66.9%	66.4%	66.8%	66.2%	70.7%	70.2%	70.7%
PLTR Dec	-	72.2%	67.4%	67.7%	78.0%	78.6%	80.6%	80.2%	82.4%	-
ADSK Jan	83.2%	85.2%	88.9%	90.1%	91.1%	90.5%	90.4%	90.7%	90.6%	91.0%
FTNT Dec	74.2%	75.0%	76.6%	78.0%	76.6%	75.4%	76.7%	80.6%	80.5%	-
COHR Jun	-	-	-	-	-	-	-	-	-	-
KEYS Oct	-	-	-	-	-	-	-	-	-	-
TDY Dec	-	-	-	-	-	-	-	-	-	-
IT Dec	-	-	-	-	-	69.7%	68.3%	68.3%	68.8%	-
ON Dec	36.7%	38.1%	35.8%	32.7%	40.3%	49.0%	47.1%	45.4%	33.1%	-
ROP Dec	62.2%	63.2%	66.4%	70.3%	70.5%	69.9%	69.7%	69.3%	69.2%	-
Peer median	68.2%	72.2%	67.4%	70.3%	76.6%	72.7%	73.2%	74.8%	74.9%	-

Operating margin, FY2017 to FY2026

Operating income / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	11.3%	19.6%	19.9%	17.5%	17.9%	18.3%	16.0%	19.4%	20.3%	24.2%
PLTR Dec	-	−104.7%	−77.6%	−107.4%	−26.7%	−8.5%	5.4%	10.8%	31.6%	-
ADSK Jan	−24.6%	−24.8%	−1.0%	10.5%	16.6%	14.1%	19.8%	20.5%	22.1%	21.9%
FTNT Dec	7.3%	13.0%	16.2%	20.5%	19.5%	21.9%	23.4%	30.3%	30.7%	-
COHR Jun	11.9%	11.8%	10.9%	12.9%	-	12.5%	−0.7%	2.0%	-	-
KEYS Oct	4.6%	−10.2%	16.5%	18.1%	21.9%	24.6%	24.9%	16.7%	16.3%	-
TDY Dec	12.4%	14.4%	15.5%	15.6%	13.5%	17.8%	18.4%	17.4%	18.8%	-
IT Dec	−0.2%	6.5%	8.7%	12.0%	19.3%	20.1%	20.9%	18.4%	15.8%	-
ON Dec	12.3%	14.4%	7.8%	6.6%	19.1%	28.3%	30.8%	25.0%	1.4%	-
ROP Dec	26.3%	26.9%	28.1%	26.9%	25.7%	28.4%	28.2%	28.4%	28.3%	-
Peer median	9.6%	11.8%	10.9%	12.9%	19.2%	20.1%	20.9%	18.4%	20.4%	-

Net margin, FY2017 to FY2026

Net income / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	8.7%	2.0%	19.0%	15.1%	12.7%	14.8%	20.0%	15.7%	18.0%	18.4%
PLTR Dec	-	−97.4%	−78.1%	−106.7%	−33.7%	−19.6%	9.4%	16.1%	36.3%	-
ADSK Jan	−28.7%	−27.6%	−3.1%	6.6%	31.9%	11.3%	16.4%	16.5%	18.1%	15.6%
FTNT Dec	2.1%	18.6%	15.3%	18.8%	18.2%	19.4%	21.6%	29.3%	27.3%	-
COHR Jun	9.8%	7.6%	7.9%	9.6%	-	7.1%	−5.0%	−3.3%	0.8%	11.3%
KEYS Oct	3.2%	4.3%	14.4%	14.9%	18.1%	20.7%	19.3%	12.3%	15.8%	-
TDY Dec	8.7%	11.5%	12.7%	13.0%	9.7%	14.4%	15.7%	14.4%	14.6%	-
IT Dec	0.1%	3.1%	5.5%	6.5%	16.8%	14.8%	14.9%	20.0%	11.2%	-
ON Dec	14.6%	10.7%	3.8%	4.5%	15.0%	22.8%	26.5%	22.2%	2.0%	-
ROP Dec	21.1%	18.2%	37.4%	23.6%	23.8%	84.6%	22.4%	22.0%	19.4%	-
Peer median	6.0%	7.6%	7.9%	9.6%	17.4%	14.8%	16.4%	16.5%	15.8%	-

Free cash flow, FY2017 to FY2026

Cash from operations minus capital spending.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	$811.0M	$1.3B	$1.2B	$936.0M	$1.2B	$985.0M	$868.0M	$1.5B	$1.3B	$1.9B
PLTR Dec	-	−$52.0M	−$178.3M	−$308.8M	$321.2M	$183.7M	$697.1M	$1.1B	$2.1B	-
ADSK Jan	-	-	$310.1M	$1.4B	$1.3B	$1.5B	$2.0B	$1.3B	$1.6B	$2.4B
FTNT Dec	$459.1M	$585.9M	$715.8M	$957.8M	$1.2B	$1.4B	$1.7B	$1.9B	$2.2B	-
COHR Jun	−$19.9M	$7.6M	$41.4M	$428.0M	-	$99.0M	$198.0M	$198.9M	$192.8M	−$1.0B
KEYS Oct	$256.0M	$423.0M	$878.0M	$899.0M	$1.1B	$959.0M	$1.2B	$898.0M	$1.3B	-
TDY Dec	$316.2M	$360.1M	$393.7M	$547.5M	$723.0M	$394.2M	$721.2M	$1.1B	$1.1B	-
IT Dec	-	-	-	-	-	-	-	-	-	-
ON Dec	$706.7M	$759.4M	$160.1M	$500.7M	$1.3B	$1.6B	$438.4M	$1.2B	$1.4B	-
ROP Dec	$1.2B	$1.4B	-	-	-	-	-	-	-	-
Peer median	$387.6M	$423.0M	$310.1M	$547.5M	$1.2B	$959.0M	$721.2M	$1.1B	$1.4B	-

FCF margin, FY2017 to FY2026

Free cash flow / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	14.7%	22.5%	19.0%	17.3%	20.4%	15.6%	13.6%	24.4%	20.4%	27.0%
PLTR Dec	-	−8.7%	−24.0%	−28.3%	20.8%	9.6%	31.3%	39.8%	46.9%	-
ADSK Jan	-	-	12.1%	41.6%	35.5%	33.6%	40.6%	23.3%	25.6%	33.4%
FTNT Dec	30.7%	32.5%	33.1%	36.9%	36.0%	32.8%	32.6%	31.6%	32.7%	-
COHR Jun	−2.0%	0.7%	3.0%	13.8%	-	3.0%	3.8%	4.2%	3.3%	−14.4%
KEYS Oct	8.0%	10.9%	20.4%	21.3%	23.2%	17.7%	22.2%	18.0%	23.8%	-
TDY Dec	12.1%	12.4%	12.4%	17.7%	15.7%	7.2%	12.8%	19.5%	17.6%	-
IT Dec	-	-	-	-	-	-	-	-	-	-
ON Dec	12.7%	12.9%	2.9%	9.5%	19.8%	19.2%	5.3%	17.1%	23.7%	-
ROP Dec	25.7%	26.6%	-	-	-	-	-	-	-	-
Peer median	12.4%	12.4%	12.1%	17.7%	22.0%	17.7%	22.2%	19.5%	23.8%	-

Return on equity, FY2017 to FY2026

Net income / shareholders' equity at the year end.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	16.3%	5.1%	107.2%	n/m	106.6%	111.8%	109.9%	86.0%	114.0%	94.4%
PLTR Dec	-	n/m	n/m	−76.6%	−22.7%	−14.6%	6.0%	9.2%	22.0%	-
ADSK Jan	−79.3%	n/m	n/m	n/m	125.2%	58.5%	71.9%	48.8%	42.4%	36.9%
FTNT Dec	5.2%	32.7%	24.7%	57.1%	77.6%	n/m	n/m	116.8%	149.8%	-
COHR Jun	10.6%	8.6%	9.5%	8.7%	-	6.5%	−5.2%	−3.0%	0.9%	7.4%
KEYS Oct	4.4%	6.8%	20.7%	19.0%	23.6%	27.0%	22.7%	12.0%	14.5%	-
TDY Dec	11.7%	15.0%	14.8%	12.4%	5.8%	9.7%	9.6%	8.6%	8.5%	-
IT Dec	0.3%	14.4%	24.9%	24.5%	n/m	n/m	129.7%	92.2%	n/m	-
ON Dec	29.2%	19.8%	6.4%	6.6%	22.0%	30.7%	28.1%	17.9%	1.6%	-
ROP Dec	14.2%	12.2%	18.6%	9.1%	10.0%	28.3%	7.9%	8.2%	7.7%	-
Peer median	7.9%	14.4%	18.6%	10.8%	22.0%	27.0%	16.2%	12.0%	11.5%	-

Debt / equity, FY2017 to FY2026

Total debt / shareholders' equity at the year end.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	0.68	0.85	1.64	6.89	3.84	3.15	2.06	2.09	3.11	1.84
PLTR Dec	-	-	n/m	0.13	0.00	-	-	-	-	-
ADSK Jan	1.49	n/m	n/m	n/m	1.71	3.12	2.01	1.24	0.88	0.82
FTNT Dec	-	-	-	0.00	1.26	n/m	n/m	0.67	0.81	-
COHR Jun	0.38	0.43	0.41	0.40	-	0.64	0.86	0.79	0.65	0.30
KEYS Oct	0.88	0.53	0.60	0.54	0.47	0.43	0.39	0.35	0.43	-
TDY Dec	0.55	0.34	0.31	0.24	0.54	0.48	0.35	0.28	0.24	-
IT Dec	3.33	2.68	2.33	1.81	6.64	10.81	3.61	1.81	9.32	-
ON Dec	1.14	0.93	1.14	1.01	0.71	0.52	0.43	0.38	0.39	-
ROP Dec	0.75	0.64	0.56	0.91	0.69	0.42	0.36	0.40	0.47	-
Peer median	0.88	0.58	0.58	0.47	0.70	0.52	0.43	0.53	0.56	-

EPS (diluted), FY2017 to FY2026

Diluted earnings per share, on today's share count after splits.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
NTAP Apr	$1.71	$0.42	$4.51	$3.52	$3.23	$4.09	$5.79	$4.63	$5.67	$6.35
PLTR Dec	-	−$1.17	−$1.02	−$1.20	−$0.27	−$0.18	$0.09	$0.19	$0.63	-
ADSK Jan	−$2.61	−$2.58	−$0.37	$0.96	$5.44	$2.24	$3.78	$4.19	$5.12	$5.23
FTNT Dec	$0.04	$0.38	$0.38	$0.58	$0.73	$1.06	$1.46	$2.26	$2.42	-
COHR Jun	$1.48	$1.35	$1.63	$2.37	-	$1.45	−$2.93	−$1.84	−$0.52	$4.12
KEYS Oct	$0.56	$0.86	$3.25	$3.31	$4.78	$6.18	$5.91	$3.51	$4.91	-
TDY Dec	$6.26	$9.01	$10.73	$10.62	$10.05	$16.53	$18.49	$17.21	$18.88	-
IT Dec	$0.04	$1.33	$2.56	$2.96	$9.21	$9.96	$11.08	$16.00	$9.65	-
ON Dec	$1.89	$1.44	$0.51	$0.56	$2.27	$4.25	$4.89	$3.63	$0.29	-
ROP Dec	$9.39	$9.05	$16.82	$8.98	$10.82	$42.55	$12.89	$14.35	$14.20	-
Peer median	$1.02	$1.33	$1.63	$2.37	$5.11	$4.25	$4.89	$3.63	$4.91	-

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out NTAP and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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