OakChart

Netapp Inc

NTAPTechnology·Software - Infrastructure·USA·Large·NASD·Nov 11 • 10:06 AM ET

183.70+7.71 (4.38%)
2026-11-11 16:07 CET
Market cap
34,567.78 USD m
Revenue, TTM
7,392.00 USD m
Net income, TTM
1,418.00 USD m
Free cash flow, TTM
1,650.00 USD m
EPS diluted, TTM
7.08
P/E
25.93
Compare

Price

NTAP against its 20, 50 and 200-day averages
2050200beatearnings
100.00150.00200.008.0M15.9MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NTAPclose 183.7020-day 200.5050-day 203.80200-day 153.26183.70

23.7% under 240.87 on 13 Oct 2026. Last 15 sessions, 37.7% high to low

Profile

NTAP
52-week range, 61% of the way up
93.69240.87

NetApp, Inc. engages in the provision of software, systems, and services to manage and share data on-premises. The firm also offers private and public clouds worldwide. It operates through the Hybrid Cloud and Public Cloud segments. The Hybrid Cloud segment provides a data storage portfolio for storage management and infrastructure solutions. The Public Cloud segment refers to a portfolio of products delivered primarily as-a-service. The company was founded by David Hitz, James K. Lau, and Michael Malcolm in April 1992 and is headquartered in San Jose, CA.

IndexS&P 500, RUI
Employees11700
IPONov 21, 1995
Beta1.53
ATR, 14d10.35
Rel volume0.40
Short float4.40%
Insider own0.34%
Inst own103.81%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap36.08B
Enterprise Value35.03B
Income1.42B
Sales7.39B
Book/sh7.63
Cash/sh18.26
Dividend Est.2.12 (1.16%)
Dividend TTM2.08 (1.13%)
Dividend Ex-DateOct 09, 2026
Dividend Gr. 3/5Y1.32% 1.61%
Payout32.76%
Employees11700
IPONov 21, 1995

Ratios

P/E25.93
Forward P/E16.46
PEG1.07
P/S4.88
P/B24.08
P/C10.06
P/FCF21.87
EV/EBITDA16.63
EV/Sales4.74
Quick Ratio1.16
Current Ratio1.24
Debt/Eq1.69
LT Debt/Eq1.30
Option/ShortYes / Yes

Earnings

EPS (ttm)7.08
EPS next Y11.16
EPS next Q2.60
EPS this Y23.21%
EPS next Y11.41%
EPS next 5Y15.40%
EPS past 3/5Y3.11% 14.47%
Sales past 3/5Y2.88% 3.84%
EPS Y/Y TTM24.60%
Sales Y/Y TTM12.15%
EPS Q/Q63.36%
Sales Q/Q30.12%
EarningsDec 01 AMC
EPS/Sales Surpr.21.55% 10.24%

Ownership

Insider Own0.34%
Insider Trans-26.39%
Inst Own103.81%
Inst Trans-5.29%
ROA13.74%
ROE114.82%
ROIC41.30%
Gross Margin70.54%
Oper. Margin26.04%
Profit Margin19.18%
SMA20-8.38%
SMA50-9.86%
SMA20019.86%
Trades-

Technical

Shs Outstand196.00M
Shs Float195.76M
Short Float4.40%
Short Ratio3.64
Short Interest8.62M
52W High240.87 -23.73%
52W Low93.69 96.07%
Volatility5.65% 4.80%
ATR (14)10.35
RSI (14)40.98
Beta1.53
Rel Volume0.40
Avg Volume2.37M
Volume130,519

Performance

Perf Week-2.12%
Perf Month-23.14%
Perf Quarter-10.39%
Perf Half Y54.92%
Perf YTD71.54%
Perf Year66.36%
Perf 3Y138.14%
Perf 5Y99.83%
Perf 10Y442.53%
Recom2.46
Target Price212.53
Prev Close175.99
Price183.70
Change %4.38%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 26, 2026InitiatedGGuggenheimNeutral
Oct 14, 2026DowngradeBBarclaysOverweight → Equal Weight$219+19.2%
Oct 07, 2026UpgradeEEvercore ISIIn-line → Outperform$300+63.3%
Aug 10, 2026UpgradeMMorgan StanleyUnderweight → Equal-Weight$173-5.8%
Apr 16, 2026DowngradeJJP MorganOverweight → Neutral$110-40.1%
Jan 20, 2026DowngradeMMorgan StanleyEqual-Weight → Underweight$89-51.6%
Jan 13, 2026ResumedGGoldmanBuy$128-30.3%
Nov 26, 2025UpgradeNNorthland CapitalMarket Perform → Outperform$137-25.4%
Nov 17, 2025InitiatedOOppenheimerPerform
Aug 21, 2025ResumedMMorgan StanleyEqual-Weight$115-37.4%

Peers

Mkt cap
TickerCompanyMkt cap
PEverpure Inc36.12B
HPEHewlett Packard Enterprise Co67.43B
DELLDell Technologies Inc233.93B
NTNXNutanix Inc16.33B
RBRKRubrik Inc23.07B
IBMInternational Business Machines Corp230.47B
QMCOQuantum Corp670.90M
STXSeagate Technology Holdings Plc125.53B
WDCWestern Digital Corp115.33B
CVLTCommvault Systems Inc6.97B

Insider trading

latest 14 of 59
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
ELIZABETH O'CALLAHANOfficerNov 10 '26Proposed Sale175.951,000175,950Nov 10 04:08 PM
O'Callahan Elizabeth MEVP, Chief Admin. OfficerOct 12 '26Sale237.421,000237,42029,737Oct 14 04:30 PM
ELIZABETH O'CALLAHANOfficerOct 12 '26Proposed Sale237.421,000237,420Oct 13 08:48 AM
Palin CarrieDirectorOct 02 '26Sale216.435,0001,082,1506,660Oct 06 04:30 PM
HELD GERALDDirectorOct 01 '26Sale212.005,7571,220,48410,325Oct 05 04:30 PM
Kurian GeorgeCEOOct 01 '26Sale210.0410,0002,100,407208,537Oct 05 04:30 PM
CARRIE PALINDirectorOct 02 '26Proposed Sale216.435,0001,082,150Oct 02 04:06 PM
Kurian GeorgeCEOSep 29 '26Sale209.9550,00010,497,500218,537Oct 01 04:30 PM
GERALD D HELDDirectorOct 01 '26Proposed Sale212.005,7571,220,484Oct 01 04:08 PM
GEORGE KURIANOfficerOct 01 '26Proposed Sale210.0410,0002,100,397Oct 01 04:05 PM
GEORGE KURIANOfficerSep 29 '26Proposed Sale209.9550,00010,497,695Sep 29 04:32 PM
Kurian GeorgeCEOSep 24 '26Sale199.9537,0007,398,150268,537Sep 28 04:30 PM
GEORGE KURIANOfficerSep 24 '26Proposed Sale199.9537,0007,398,150Sep 24 04:24 PM
Kurian GeorgeCEOSep 21 '26Sale200.0113,0002,600,130305,537Sep 23 04:30 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
VGTVanguard Information Technology ETFAUM: 138.05B
CIBRFirst Trust NASDAQ Cybersecurity ETFAUM: 16.34B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.66B
XLKState Street Technology Select Sector SPDR ETFAUM: 112.79B

News

latest 14 of 206
  • Nebul Adopts NetApp Novus to Power Sovereign AI Infrastructure (Business Wire)
  • NetApp Hosts Second Quarter of Fiscal Year 2027 Financial Results Webcast (Business Wire)
  • Extreme Networks jumps 15% on report company is exploring a sale (Investing.com)
  • NetApp Inc. stock underperforms Monday when compared to competitors (MarketWatch) -6.99%
  • NetApp Completes Acquisition of PEAK:AIO to Accelerate Zettabyte-scale AI Deployments (Business Wire)
  • Loading…
  • NetApp Inc. stock outperforms competitors despite losses on the day (MarketWatch) -8.81%
  • Top Research Reports for Welltower, T-Mobile & Starbucks (Zacks)
  • Was The Run In Super Micro Stock Hiding In Plain Sight? (Trefis) -5.08%
  • HPE Stock's Worst Week Ever Exposes Wall Street's Newest Fear (Barrons.com)
  • Has Buying HPE Stock's Dips Paid Off? (Trefis)
  • AI is a 'risky trade' - look at these quality stocks instead, says Piper Sandler (MarketWatch)
  • Stock Market Today: Dow, S&P 500 set to open higher as tech-heavy Nasdaq lags; Tesla stock rises (MarketWatch)
  • Is SMCI Stock A Real Bargain? (Trefis)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q22026-12-01-2.604--2,10221
2026Q12026-09-022.5802.1231.8802,0251,83720
2025Q42026-05-282.4302.2722.0301,9481,87119
2025Q32026-02-262.1202.0621.6701,7131,69619
2025Q22025-11-252.0501.8851.5101,7051,68719
2025Q12025-08-271.5501.5391.1481,5591,54618
2024Q42025-05-291.9301.8971.6511,7321,72319
2024Q32025-02-271.9101.9131.4381,6411,68019
2024Q22024-11-211.8701.7841.4241,6581,64520
2024Q12024-08-281.5601.4541.1701,5411,52618
2023Q42024-05-301.8001.7881.3731,6681,65518
2023Q32024-02-291.9401.6891.4831,6061,59118
2023Q22023-11-281.5801.3931.1041,5621,52819
2023Q12023-08-231.1501.0710.6901,4321,41320
2022Q42023-05-311.5401.3451.1291,5811,54320
2022Q32023-02-221.3701.3080.2971,5261,60922

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY3.4703.4280.4205,9115,867
2018FY4.5204.5534.5146,1466,198
2019FY4.0503.9873.5155,4125,416
2020FY4.0604.0093.2305,7445,688
2021FY5.2805.1414.0926,3186,320
2022FY5.5905.4025.7916,3626,325
2023FY6.4606.4694.6296,2686,255
2024FY7.2507.2295.6756,5726,563
2025FY8.1307.9836.3506,9256,848
2026FY-10.017--8,187
2027FY-11.160--8,718
2028FY-12.495--9,339

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q2S2026-10-23181702,1022,0662,172
2026Q2S2026-10-05171702,1022,0662,172
2026Q2S2026-09-29171702,1012,0662,156
2026Q2S2026-09-28171702,1012,0662,156
2026Q2S2026-09-14171702,1012,0662,156
2026Q2S2026-09-06161502,0851,8222,156
2026Q2S2026-09-04171602,0841,8222,156
2026Q2S2026-09-03171502,0671,7682,156
2026Q2S2026-09-0217401,8451,7681,946
2026Q2S2026-08-3117401,8451,7681,946
2026Q2S2026-08-2817401,8441,7681,946
2026Q2S2026-08-2417401,8441,7681,946
2026Q2S2026-08-1917301,8431,7681,946
2026Q2S2026-08-1817201,8411,7681,946

Estimate history

EPS, annual0.424.5143.5153.234.0925.7914.6295.6756.3487.085
Period201720182019202020212022202320242025TTM
EPS, quarterly1.171.4241.4381.6511.1481.511.672.031.875
PeriodQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sales, annual5919614754125733632563576269657169237392
Period201720182019202020212022202320242025TTM
Sales, quarterly154116561645173315571704171319492026
PeriodQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Shares, annual263240219222220212206201196196
Period201720182019202020212022202320242025MRQ
Shares, quarterly205203203201200198198196196
PeriodQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue7,392.006,923.006,571.006,269.006,357.006,325.005,733.005,412.006,147.00
Cost of Goods Sold Incl. D&A2,178.002,036.001,978.001,858.002,179.002,111.001,937.001,789.002,211.00
Gross Profit5,214.004,887.004,593.004,411.004,178.004,214.003,796.003,623.003,936.00
Selling, General and Administrative Excl. Other3,289.003,194.003,169.003,142.003,024.003,004.002,869.002,692.002,752.00
Research and Development1,023.00991.001,012.001,029.00956.00881.00881.00847.00827.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,925.001,693.001,424.001,269.001,154.001,210.00927.00931.001,184.00
Interest Expense109.00109.0064.0064.0067.0073.0074.0055.0058.00
Unusual Expense132.0036.0050.00113.00145.00137.0057.0034.0020.00
Net Income Before Taxes1,828.001,648.001,383.001,263.001,066.001,095.00962.00944.001,268.00
Income Taxes410.00372.00197.00277.00-208.00158.00232.00125.0099.00
Consolidated Net Income1,418.001,276.001,186.00986.001,274.00937.00730.00819.001,169.00
Net Income From Continuing Operations1,418.001,276.001,186.00986.001,274.00937.00730.00819.001,169.00
Net Income1,418.001,276.001,186.00986.001,274.00937.00730.00819.001,169.00
EPS (Recurring)7.556.475.845.006.254.513.413.624.57
EPS (Basic, Before Extraordinaries)7.186.415.814.745.874.203.293.564.60
EPS (Diluted)7.086.355.674.635.794.093.233.524.51
EBITDA2,107.001,893.001,667.001,524.001,455.001,459.001,186.001,175.001,381.00
Non-Operating Income (Expense)144.00100.0073.00171.00124.0095.00166.00102.00162.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense313.63301.78304.94282.03246.48178.85180.00138.00173.00
Price To Earnings Ratio24.8424.8416.6121.9810.8516.5823.2112.3416.08
Price To Sales Ratio4.833.162.813.442.182.652.941.853.03
Gross Margin70.5470.5969.9070.3665.7266.6266.2166.9464.03
Operating Margin26.0424.4521.6720.2418.1519.1316.1717.2019.26
Net Margin19.1818.4318.0515.7320.0414.8112.7315.1319.02
Shares Outstanding196.00196.00201.00206.00212.00220.00222.00219.00240.00
Market Capitalization34,567.7834,567.7818,522.3421,093.7913,452.4916,300.7616,626.079,680.9217,484.00

Income statement, quarterly

Currency USD, millions
Metric2026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q2
Total Revenue2,026.001,949.001,713.001,704.001,557.001,733.001,645.001,656.00
Cost of Goods Sold Incl. D&A606.00584.00507.00481.00464.00542.00501.00486.00
Gross Profit1,420.001,365.001,206.001,223.001,093.001,191.001,144.001,170.00
Selling, General and Administrative Excl. Other879.00833.00775.00802.00784.00796.00767.00814.00
Research and Development274.00261.00237.00251.00242.00256.00247.00257.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income541.00532.00431.00421.00309.00395.00377.00356.00
Interest Expense29.0028.0026.0026.0029.0021.0012.0015.00
Unusual Expense80.008.00-6.0050.00-16.00-14.0047.0012.00
Net Income Before Taxes484.00518.00433.00393.00304.00354.00370.00360.00
Income Taxes109.00114.0099.0088.0071.0014.0071.0061.00
Consolidated Net Income375.00404.00334.00305.00233.00340.00299.00299.00
Net Income From Continuing Operations375.00404.00334.00305.00233.00340.00299.00299.00
Net Income375.00404.00334.00305.00233.00340.00299.00299.00
EPS (Recurring)2.152.061.651.681.091.601.601.46
EPS (Basic, Before Extraordinaries)1.912.051.691.531.161.671.471.47
EPS (Diluted)1.882.031.671.511.151.651.441.42
EBITDA574.00581.00479.00473.00360.00448.00441.00419.00
Non-Operating Income (Expense)52.0022.0022.0048.008.00-34.0052.0031.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense77.4279.0076.6380.5865.5775.0581.3781.37
Price To Earnings Ratio24.8418.5316.7720.8118.3316.6122.4022.48
Price To Sales Ratio4.833.122.913.553.232.774.033.88
Gross Margin70.0970.0470.4071.7770.2068.7269.5470.65
Operating Margin26.7027.3025.1624.7119.8522.7922.9221.50
Net Margin18.5120.7319.5017.9014.9619.6218.1818.06
Shares Outstanding196.00196.00198.00198.00200.00201.00203.00203.00
Market Capitalization34,567.7821,858.2419,083.0823,511.0120,836.3118,522.3424,823.6623,613.53

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments3,584.003,853.003,258.003,077.004,140.004,604.002,888.003,905.005,397.00
Short Term Receivables1,286.001,246.001,007.00987.001,230.00945.00973.001,216.001,047.00
Inventories198.00186.00186.00167.00204.00114.00145.00131.00122.00
Other Current Assets591.00502.00377.00385.00291.00252.00201.00283.00320.00
Total Current Assets5,659.005,787.004,828.004,616.005,865.005,915.004,207.005,535.006,886.00
Net Property, Plant & Equipment820.00804.00851.00931.00896.00639.00864.00759.00756.00
Total Investments and Advances138.00126.00117.00109.00103.00103.0027.0029.0025.00
Intangible Assets2,794.002,766.002,883.002,940.002,488.002,140.001,822.001,782.001,833.00
Deferred Tax Assets859.00994.00896.00948.00362.00219.00220.00201.00229.00
Other Assets474.00346.00312.00274.00312.00344.00382.00435.00262.00
Total Assets10,744.0010,823.009,887.009,818.0010,026.009,360.007,522.008,741.009,991.00
Short Term Debt Incl. Current Port. of LT Debt42.00790.00440.0047.00297.0049.00573.00649.00385.00
Accounts Payable550.00511.00517.00392.00607.00420.00426.00542.00609.00
Income Tax Payable29.00--------
Other Current Liabilities3,400.003,361.003,149.003,028.003,049.002,983.002,617.002,676.002,537.00
Total Current Liabilities4,021.004,662.004,106.003,467.003,953.003,452.003,616.003,867.003,531.00
Long Term Debt2,691.002,701.002,212.002,637.002,643.002,703.001,239.001,144.001,541.00
Provision for Risks Charges72.0094.00162.00181.00170.00170.00178.00296.00354.00
Other Liabilities2,609.002,326.002,261.002,374.002,422.002,350.002,247.002,344.002,289.00
Total Liabilities9,393.009,783.008,741.008,659.009,188.008,675.007,280.007,651.007,715.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,351.001,040.001,146.001,159.00838.00685.00242.001,090.002,276.00
Total Shareholders Equity1,351.001,040.001,146.001,159.00838.00685.00242.001,090.002,276.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity1,351.001,040.001,146.001,159.00838.00685.00242.001,090.002,276.00
Total Liabilities & Stockholders Equity10,744.0010,823.009,887.009,818.0010,026.009,360.007,522.008,741.009,991.00
Book Value Per Share6.895.175.565.473.813.091.114.548.65
Tangible Book Value Per Share-7.36-8.59-8.43-8.40-7.50-6.55-7.21-2.881.68
Full-Time Employees11,70011,70011,80012,00012,00011,00010,80010,50010,300
Price to Book Ratio23.0718.3118.3712.2118.5224.2139.6116.048.47
Return on Assets11.8311.4510.0112.849.678.6510.0712.571.19
Return on Equity106.73108.5185.55127.59123.05157.50122.9774.064.59
Return on Invested Capital31.5731.7029.3633.5626.9221.5555.3052.333.04
Quick Ratio1.361.201.131.281.431.681.121.401.92
Current Ratio1.411.241.181.331.481.711.161.431.95

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,418.001,276.001,186.00986.001,274.00937.00730.00819.001,169.00
Depreciation182.00200.00243.00255.00300.00249.00259.00244.00197.00
Other Funds (Non Cash)433.00479.00427.00389.00245.00191.0065.00116.0087.00
Funds from Operations2,154.002,090.001,756.001,683.001,213.001,233.001,048.001,162.001,450.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-257.00-23.00-250.002.00-106.00-22.00285.00-102.00-109.00
Cash from Operating Activities1,897.002,067.001,506.001,685.001,107.001,211.001,333.001,060.001,341.00
Capital Expenditures-247.00-198.00-168.00-155.00-239.00-226.00-162.00-124.00-173.00
Net Assets From Acquisitions-78.000.000.000.00-491.00-380.00-350.00-73.00-3.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00371.0096.000.00
Purchase or Sale of Investments-763.00-412.00245.00-580.00-719.0045.00160.001,370.00876.00
Purchase of Investments-3,620.00-2,758.00-1,782.00-2,635.00-1,269.00-18.00-5.00-13.00-41.00
Sale Or Maturity of Investments2,857.002,346.002,027.002,055.00550.0063.00165.001,383.00917.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.0015.0070.000.0059.000.002.000.004.00
Cash from Investing Activities-1,088.00-595.00147.00-735.00-1,390.00-561.0021.001,269.00704.00
Cash Dividends Paid-411.00-413.00-424.00-416.00-432.00-446.00-427.00-439.00-403.00
Change in Capital Stock-744.00-847.00-1,042.00-800.00-742.00-495.00-27.00-1,309.00-1,990.00
Repurchase of Common Pref Stock-850.00-950.00-1,150.00-900.00-850.00-600.00-125.00-1,411.00-2,111.00
Sale of Common Pref Stock106.00103.00108.00100.00108.00105.0098.00102.00121.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.00-750.00840.000.00-250.000.00948.00-127.00-136.00
Change in Long Term Debt0.00-750.00840.000.00-250.000.001,368.00-299.000.00
Issuance of Long Term Debt0.000.001,240.000.000.000.002,057.00111.000.00
Reduction of Long Term Debt0.00-750.00-400.000.00-250.000.00-689.00-410.000.00
Net Financing Active Other Cash Flow-154.00-137.00-202.00-128.00-89.00-76.00-50.00-85.00-102.00
Other Financing Activities Uses-154.00-137.00-202.00-128.00-89.00-76.00-50.00-85.00-102.00
Cash from Financing Activities-1,309.00-2,147.00-828.00-1,344.00-1,513.00-1,017.00444.00-1,960.00-2,631.00
Exchange Rate Effect-12.001.0015.00-19.00-1.00-49.0071.00-34.00-30.00
Net Change in Cash-512.00-674.00840.00-413.00-1,797.00-416.001,869.00335.00-616.00
Free Cash Flow1,650.001,869.001,338.001,530.00868.00985.001,171.00936.001,168.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow28.8115.0120.2319.3731.7331.1222.6920.1924.34
Deferred Taxes & Investment Tax Credit-135.00-100.0053.00-606.00-144.00-6.00-17.00-3.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q12025Q42025Q32025Q22025Q12024Q4
Cash & Short Term Investments3,586.003,584.003,015.003,020.003,330.003,853.00
Short Term Receivables966.001,286.001,314.00988.00787.001,246.00
Inventories375.00198.00109.00127.00133.00186.00
Other Current Assets745.00591.00495.00455.00372.00502.00
Total Current Assets5,672.005,659.004,933.004,590.004,622.005,787.00
Net Property, Plant & Equipment663.00820.00807.00804.00814.00804.00
Total Investments and Advances42.00138.00137.00137.00135.00126.00
Intangible Assets2,954.002,794.002,782.002,762.002,771.002,766.00
Deferred Tax Assets-859.00946.00975.00985.00994.00
Other Assets1,624.00474.00366.00362.00352.00346.00
Total Assets10,955.0010,744.009,971.009,630.009,679.0010,823.00
Short Term Debt Incl. Current Port. of LT Debt596.0042.0041.0042.0041.00790.00
Accounts Payable566.00550.00413.00436.00404.00511.00
Income Tax Payable-29.00----
Other Current Liabilities3,406.003,400.003,140.002,992.003,124.003,361.00
Total Current Liabilities4,568.004,021.003,594.003,470.003,569.004,662.00
Long Term Debt1,938.002,691.002,693.002,697.002,704.002,701.00
Provision for Risks Charges0.0072.0057.0058.0057.0094.00
Other Liabilities2,954.002,609.002,469.002,419.002,374.002,326.00
Total Liabilities9,460.009,393.008,813.008,644.008,704.009,783.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,495.001,351.001,158.00986.00975.001,040.00
Total Shareholders Equity1,495.001,351.001,158.00986.00975.001,040.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity1,495.001,351.001,158.00986.00975.001,040.00
Total Liabilities & Stockholders Equity10,955.0010,744.009,971.009,630.009,679.0010,823.00
Book Value Per Share7.636.895.854.984.885.17
Tangible Book Value Per Share-7.44-7.36-8.20-8.97-8.98-8.59
Full-Time Employees-11,700---11,700
Price to Book Ratio23.0718.9419.3524.1620.1318.31
Return on Assets13.7411.8312.7812.6312.3311.45
Return on Equity114.82106.73112.59125.35123.00108.51
Return on Invested Capital10.9210.008.678.286.339.09
Quick Ratio1.161.361.341.291.261.20
Current Ratio1.241.411.371.321.301.24

Cash flow, quarterly

Currency USD, millions
Metric2026Q12025Q42025Q32025Q22025Q12024Q4
Net Income375.00404.00334.00305.00233.00340.00
Depreciation33.0049.0048.0052.0051.0053.00
Other Funds (Non Cash)94.00107.0091.00141.00140.00130.00
Funds from Operations497.00647.00502.00508.00433.00533.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital6.00303.00-185.00-381.00240.00142.00
Cash from Operating Activities503.00950.00317.00127.00673.00675.00
Capital Expenditures-102.00-50.00-46.00-49.00-53.00-35.00
Net Assets From Acquisitions-78.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-494.00-130.00-437.00298.00-143.00-345.00
Purchase of Investments-1,603.00-495.00-1,078.00-444.00-741.00-494.00
Sale Or Maturity of Investments1,109.00365.00641.00742.00598.00149.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.0015.0067.00
Cash from Investing Activities-674.00-180.00-483.00249.00-181.00-313.00
Cash Dividends Paid-102.00-103.00-103.00-103.00-104.00-105.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-143.00-200.00-151.00-250.00-246.00-250.00
Repurchase of Common Pref Stock-200.00-200.00-200.00-250.00-300.00-250.00
Sale of Common Pref Stock57.000.0049.000.0054.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.00-750.001,240.00
Change in Long Term Debt0.000.000.000.00-750.001,240.00
Issuance of Long Term Debt0.000.000.000.000.001,240.00
Reduction of Long Term Debt0.000.000.000.00-750.000.00
Net Financing Active Other Cash Flow-74.00-25.00-25.00-30.00-57.00-34.00
Other Financing Activities Uses-74.00-25.00-25.00-30.00-57.00-34.00
Cash from Financing Activities-319.00-328.00-279.00-383.00-1,157.00851.00
Exchange Rate Effect-6.00-2.001.00-5.007.0018.00
Net Change in Cash-496.00440.00-444.00-12.00-658.001,231.00
Free Cash Flow401.00900.00271.0078.00620.00640.00
Price to Free Cash Flow28.8114.8616.3218.7317.2219.94

Revenue breakdown

Product2024: 3.04B 2025: 3.19B
Professional And Other Services2024: 355.00M 2025: 407.00M
Public Cloud2024: 665.00M 2025: 688.00M
Support2024: 2.51B 2025: 2.64B
Americas2024: 3.35B 2025: 3.51B
Asia Pacific2024: 1.02B 2025: 1.06B
EMEA2024: 2.20B 2025: 2.36B
Hybrid Cloud2024: 5.91B 2025: 6.24B
Public Cloud2024: 665.00M 2025: 688.00M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.40%8.6M195.8M2.46M
2026-10-154.93%9.6M195.8M2.50M
2026-09-305.46%10.7M195.7M2.57M
2026-09-155.19%10.1M195.6M2.69M
2026-08-315.49%10.7M195.6M2.78M
2026-08-145.48%10.7M195.4M3.28M
2026-07-316.75%13.2M195.5M3.21M
2026-07-156.59%12.9M195.2M3.22M
2026-06-307.72%15.0M194.8M2.99M
2026-06-158.85%17.2M193.8M2.88M
2026-05-2910.94%21.5M196.2M2.67M
2026-05-1512.20%23.9M196.2M2.27M
2026-04-3010.97%21.5M196.4M2.30M
2026-04-159.96%19.6M196.4M2.45M
2026-03-319.63%18.9M196.3M2.49M
2026-03-139.42%18.5M196.3M2.29M
2026-02-279.56%18.8M196.3M2.25M
2026-02-139.34%18.4M197.1M2.28M
2026-01-309.25%18.2M196.9M2.19M
2026-01-158.26%16.3M197.1M1.95M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call10081.4084.5096.502.3292.000.000.996-0.0300.003
call10576.2079.700.002.1650.000.000.996-0.0310.003
call11071.5074.5084.312.0091.000.000.996-0.0310.004
call11566.5069.500.001.8590.000.000.995-0.0310.004
call12061.5064.500.001.7140.000.000.995-0.0320.004
call12556.2059.500.001.5750.000.000.946-0.2940.032
call13051.2054.6047.071.4401.000.000.942-0.2880.034
call13546.6049.500.001.3400.000.000.936-0.2810.036
call14041.5044.6089.151.2111.000.000.930-0.2740.039
call14536.7039.700.001.1100.000.000.923-0.2660.042
call15031.6035.000.001.0060.000.000.915-0.2560.045
call15526.6030.200.000.9190.000.000.904-0.2460.049
call16022.5025.6018.050.8822300.000.888-0.2400.055
call16518.2021.0010.910.79226.000.000.839-0.2950.071
call17014.1016.9015.300.7543511.000.773-0.3500.087
call17510.6013.308.200.7251740.000.689-0.4070.102
call1807.4010.105.500.70677.000.000.596-0.4420.112
call1855.006.804.800.6461300.000.498-0.4530.116
call1903.104.904.200.6562381.000.402-0.4330.112
call1951.803.502.090.6616090.000.309-0.3870.102
call2001.052.100.600.6193240.000.211-0.2930.084
call2100.400.950.350.6653150.000.112-0.2030.055
call2200.200.500.210.71996210.000.063-0.1430.036
call2300.000.100.071.0108890.000.063-0.1850.036
call2400.001.100.170.7469980.000.014-0.0420.010
call2500.002.150.040.8514770.000.012-0.0430.009
call2600.000.950.160.9333160.000.011-0.0440.009
call2700.000.150.151.0192350.000.010-0.0450.008
call2800.000.150.081.1011260.000.010-0.0460.008
call2900.000.950.441.1881300.000.009-0.0470.007
call3000.001.100.491.2543240.000.009-0.0470.007
call3100.000.950.371.3255.000.000.008-0.0480.007
put1000.000.250.131.6667.000.00-0.014-0.0850.010
put1050.002.150.451.3852.000.00-0.004-0.0250.003
put1100.002.150.801.27979.000.00-0.004-0.0250.004
put1150.002.150.001.1770.000.00-0.004-0.0240.004
put1200.000.050.151.27925.000.00-0.026-0.1150.018
put1250.001.750.051.63429.000.00-0.054-0.2840.032
put1300.002.150.301.51213.000.00-0.058-0.2790.034
put1350.002.150.241.33313.000.00-0.061-0.2540.035
put1400.002.200.801.24519.000.00-0.072-0.2700.040
put1450.002.200.601.1201360.00-0.076-0.2550.042
put1500.001.100.800.9951,0500.00-0.085-0.2450.045
put1550.251.051.250.8711130.00-0.096-0.2340.049
put1600.301.201.600.7586460.00-0.112-0.2280.055
put1650.601.903.410.7321510.00-0.161-0.2830.071
put1701.202.954.700.7055670.00-0.226-0.3370.087
put1752.004.306.560.7032390.00-0.311-0.3940.102
put1804.006.108.750.7041880.00-0.404-0.4280.112
put1856.909.507.410.7665652.00-0.502-0.4380.116
put19010.0012.5011.090.7714532.00-0.598-0.4180.112
put19513.0015.8014.000.7663701.00-0.690-0.3710.102
put20016.9019.7018.100.7865727.00-0.789-0.2760.084
put21026.0028.7027.510.8883156.00-0.888-0.1860.055
put22036.2038.5044.581.0461960.00-0.940-0.1150.034
put23045.6048.7052.501.24344.000.00-0.984-0.0210.011
put24055.7058.9063.001.5041.000.00-0.986-0.0210.010
put25065.7069.0044.101.6220.000.00-0.987-0.0210.009
put26075.7079.0032.111.7450.000.00-0.988-0.0210.009
put27085.7088.900.001.9070.000.00-0.989-0.0210.008
put28095.7099.000.001.9960.000.00-0.990-0.0210.008
put290105.5109.10.002.1120.000.00-0.991-0.0200.007
put300115.5119.163.562.2400.000.00-0.991-0.0200.007
put310125.5129.177.002.3450.000.00-0.991-0.0190.007

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-144Statement of changes in beneficial ownership of securities2026-10-12SEC
2026-10-13144Filing for proposed sale of securities under Rule 144.SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-01144Filing for proposed sale of securities under Rule 144.SEC
2026-10-01144Filing for proposed sale of securities under Rule 144.SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-29SEC
2026-09-29144Filing for proposed sale of securities under Rule 144.SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-24SEC
2026-09-24144Filing for proposed sale of securities under Rule 144.SEC
2026-09-234Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-234Statement of changes in beneficial ownership of securities2026-09-21SEC
2026-09-21144Filing for proposed sale of securities under Rule 144.SEC
2026-09-21144Filing for proposed sale of securities under Rule 144.SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-11SEC
2026-09-144Statement of changes in beneficial ownership of securities2026-09-10SEC
2026-09-11144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-10004.64M4
2026-090030.87M8
2026-0800727.11K2
2026-0700170.92K1
2026-06009.14M4
2026-0500150.73K2
2026-040096.25K1
2026-0300100.67K1
2026-0200129.11K2
2026-0100105.49K1
2025-1200121.00K2
2025-1100149.44K2

Institutional holders

Manager% owned
BlackRock, Inc.9.65%
VANGUARD CAPITAL MANAGEMENT LLC6.58%
VANGUARD PORTFOLIO MANAGEMENT LLC6.27%
STATE STREET CORP5.06%
PRIMECAP MANAGEMENT CO/CA/4.60%
GEODE CAPITAL MANAGEMENT, LLC3.27%
Bank of New York Mellon Corp2.93%
AMERIPRISE FINANCIAL INC2.39%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2.27%
NORGES BANK2.13%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND18.40%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND17.81%
PIMCO Total Return Fund15.87%
LORD ABBETT BOND DEBENTURE FUND INC11.15%
Invesco Equity and Income Fund10.56%
VANGUARD TOTAL BOND MARKET II INDEX FUND8.94%
Loomis Sayles Investment Grade Bond Fund7.94%
VANGUARD TOTAL BOND MARKET INDEX FUND5.66%
Thornburg Strategic Income Fund5.07%
iMGP Dolan McEniry Corporate Bond Fund4.92%

OakChart. NTAP. Cached 15 minutes.