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NTAP Price Correlated With Financials For NetApp

Free historical financial statements for NetApp Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2010. Compare with NTAP stock chart to see long term trends.

NTAP Stock Compared to Quarterly

NTAP Income Statement

Revenue, Net:1680000000
Revenue Per Share:7.5336
Cost of Goods & Services Sold:591000000
Gross Profit:1089000000
Selling, General & Admin Expense:480000000
Research & Development Expense:235000000
Total Operating Expenses:796000000
Operating Income:293000000
Income Taxes:253000000
Net Income:259000000
Earnings Per Share, Basic:1.16
Shares Outstanding, Basic Avg:223000000

NTAP Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:51000000
Change in Accounts Receiveable:450000000
Net Cash from Operations:411000000
Net Cash from Operations Per Share:1.843
Repurchases/Buybacks Common Stock:250000000
Cash Dividends Paid:111000000
Net Cash from Financing Activities:-366000000
Property, Plant & Equipment Purchases:68000000
Purchases of Businesses, Net of Cash:21000000
Net Cash from Investing Activities:-80000000
Net Change in Cash & Equivalents:-58000000

NTAP Balance Sheet

Cash and Cash Equivalents:4134000000
Short-Term Investments:22000000
Accounts Receivable, Net:1230000000
Inventories:204000000
Total Current Assets:5945000000
Property, Plant & Equipment, Net:602000000
Total Assets:10026000000
Accounts Payable:607000000
Current Portion of Long-Term Debt:250000000
Total Short-Term Liabilities:3953000000
Long Term Debt, Non-Current Portion:2386000000
Total Liabilities:9188000000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
BERRY MICHAEL J   EVP Finance & Operations, CFO
5,000 sh at $72
$360,217
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
25,823,258 sh
294,399 sh
1%
$2,143,331
-$205,069
Blackrock Inc.
18,123,788 sh
-372,372 sh
-2%
$1,504,274
-$197,186
Primecap Management Co/Ca/
16,843,974 sh
-1,423,930 sh
-8%
$1,398,050
-$282,414
Geode Capital Management, LLC
4,436,850 sh
-219,575 sh
-5%
$367,522
-$59,992
Boston Partners
4,027,043 sh
510,307 sh
15%
$333,978
$10,421
Bank Of New York Mellon Corp
3,900,409 sh
225,913 sh
6%
$323,734
-$14,284
Northern Trust Corp
2,489,004 sh
-29,818 sh
-1%
$206,587
-$25,119
Invesco Ltd.
2,068,077 sh
117,651 sh
6%
$171,649
-$7,769
Acadian Asset Management LLC
1,939,810 sh
411,165 sh
27%
$160,969
$20,382
Allianz Asset Management Gmbh
1,881,532 sh
1,881,532 sh
NEW
$156,167
$156,167
First Trust Advisors Lp
1,721,603 sh
-2,041,988 sh
-54%
$142,893
-$203,320
Charles Schwab Investment Management Inc
1,703,167 sh
39,417 sh
2%
$141,363
-$11,685
Dimensional Fund Advisors LP
1,390,620 sh
20,768 sh
2%
$115,450
-$10,558
Lord, Abbett & Co. LLC
1,036,893 sh
-25,166 sh
-2%
$86,064
-$11,635
Edmond De Rothschild Holding S.A.
1,015,340 sh
117,629 sh
13%
$84,273
$1,692
JPMorgan Chase & Co
973,563 sh
-58,246 sh
-6%
$80,806
-$14,111
Swiss National Bank
968,592 sh
117,100 sh
14%
$80,393
$2,064
Victory Capital Management Inc
944,262 sh
301,829 sh
47%
$69,167
$10,070
Arrowstreet Capital, Limited Partnership
904,618 sh
-1,680,024 sh
-65%
$75,083
-$162,678
Renaissance Technologies LLC
847,022 sh
-449,232 sh
-35%
$70,303
-$48,939
COMPANY PROFILE
1. Description of Business and Significant Accounting Policies
Description of Business — NetApp, Inc. (we, us, or the Company) is a global cloud-led, data-centric software company that provides organizations the ability to manage and share their data across on-premises, private and public clouds. We provide a full range of enterprise-class software, systems and services solutions that customers use to modernize their infrastructures, build next generation data centers and harness the power of hybrid clouds.
Fiscal Year — Our fiscal year is reported on a 52- or 53-week year ending on the last Friday in April. An additional week is included in the first fiscal quarter approximately every six years to realign fiscal months with calendar months. Fiscal year 2021, ending on April 30, 2021 is a 53-week year, with 14 weeks included in its first quarter and 13 weeks in each subsequent quarter. Fiscal year 2020, which ended on April 24, 2020, and fiscal year 2019, which ended on April 26, 2019 were both 52-week years. Unless otherwise stated, references to particular years, quarters, months and periods refer to the Company’s fiscal years ended on the last Friday of April and the associated quarters, months and periods of those fiscal years .
Principles of Consolidation — The consolidated financial statements include the Company and its subsidiaries. Intercompany accounts and transactions are eliminated in consolidation.
Accounting Changes
In June 2016, the FASB issued an accounting standards update on the measurement of credit losses on financial instruments. The standard introduces a new model for measuring and recognizing credit losses on financial instruments, requiring financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. It also requires that credit losses be recorded through an allowance for credit losses. On April 25, 2020, we adopted the standard with no material impact to our consolidated financial statements.
Use of Estimates — The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include, but are not limited to, revenue recognition, reserves and allowances; inventory valuation; valuation of goodwill and intangibles; restructuring reserves; employee benefit accruals; stock-based compensation; loss contingencies; investment impairments; income taxes and fair value measurements. Actual results could differ materially from those estimates, including impacts from the COVID-19 pandemic, the anticipated effects of which have been incorporated, as applicable, into management’s estimates as of and for the year ended April 30, 2021.
Cash Equivalents — We consider all highly liquid debt investments with original maturities of three months or less at the time of purchase to be cash equivalents.
Available-for-Sale Investments — We classify our investments in debt securities as available-for-sale investments. Debt securities primarily consist of corporate bonds, U.S. Treasury and government debt securities and certificates of deposit. These investments are primarily held in the custody of a major financial institution. A specific identification method is used to determine the cost basis of debt securities sold. These investments are recorded in the consolidated balance sheets at fair value.
Unrealized gains and temporary losses, net of related taxes, are included in accumulated other comprehensive income (loss) (AOCI). Upon realization, those amounts are reclassified from AOCI to earnings. The amortization of premiums and discounts on the investments are included in our results of operatio

Data imported from NetApp Inc SEC filings. Check original filings before making any investment decision.