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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q1 FY272026-07-31 | Q4 FY262026-04-24 | Q3 FY262026-01-23 | Q2 FY262025-10-24 | Q1 FY262025-07-25 | Q4 FY252025-04-25 | Q3 FY252025-01-24 | Q2 FY252024-10-25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.03B | $1.95B | $1.71B | $1.71B | $1.56B | $1.73B | $1.64B | $1.66B |
| Cost of revenue | $606.00M | $583.00M | $504.00M | $478.00M | $461.00M | $539.00M | $496.00M | $481.00M |
| Gross profit | $1.42B | $1.37B | $1.21B | $1.23B | $1.10B | $1.19B | $1.15B | $1.18B |
| Gross margin | 70.1% | 70.1% | 70.6% | 72.0% | 70.4% | 68.9% | 69.8% | 71.0% |
| Research and development | $274.00M | $261.00M | $237.00M | $251.00M | $242.00M | $256.00M | $247.00M | $257.00M |
| Selling, general and administrative | $605.00M | $573.00M | $541.00M | $554.00M | $545.00M | $543.00M | $525.00M | $562.00M |
| Operating expenses | $935.00M | $833.00M | $775.00M | $828.00M | $789.00M | $845.00M | $783.00M | $832.00M |
| Operating income | $484.00M | $532.00M | $434.00M | $399.00M | $309.00M | $348.00M | $362.00M | $345.00M |
| Operating margin | 23.9% | 27.3% | 25.3% | 23.4% | 19.8% | 20.1% | 22.1% | 20.8% |
| EBITDA | $573.00M | $580.00M | $479.00M | $474.00M | $362.00M | $447.00M | $437.00M | $421.00M |
| Interest income | $33.00M | $0 | $0 | — | $36.00M | $0 | $0 | — |
| Interest expense | −$29.00M | $0 | $0 | — | −$29.00M | $0 | $0 | — |
| Income before taxes | $484.00M | $518.00M | $433.00M | $393.00M | $304.00M | $354.00M | $370.00M | $360.00M |
| Income taxes | $109.00M | $114.00M | $99.00M | $88.00M | $71.00M | $14.00M | $71.00M | $61.00M |
| Net income | $375.00M | $404.00M | $334.00M | $305.00M | $233.00M | $340.00M | $299.00M | $299.00M |
| Net margin | 18.5% | 20.7% | 19.5% | 17.9% | 14.9% | 19.6% | 18.2% | 18.0% |
| EPS, basic | $1.91 | $2.04 | $1.69 | $1.53 | $1.16 | $1.68 | $1.47 | $1.47 |
| EPS, diluted | $1.88 | $2.03 | $1.67 | $1.51 | $1.15 | $1.65 | $1.44 | $1.42 |
| Diluted shares | 200.00M | 199.00M | 200.00M | 202.00M | 203.00M | 206.00M | 208.00M | 210.00M |
Figures describe NetApp shares, not any token. As of Sep 2, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.