NetApp, Inc.: Form 10-Q for the period ended Oct 28, 2022
Filed with the SEC on Dec 1, 2022 and accepted by EDGAR at Dec 1, 2022, 21:55 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2022-10-28. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-07-30 to 2022-10-28 | $1.66bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2022-04-30 to 2022-10-28 | $3.25bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2022-07-30 to 2022-10-28 | $576.0m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2022-04-30 to 2022-10-28 | $1.12bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2022-07-30 to 2022-10-28 | $1.09bn | us-gaap:GrossProfit |
| Gross profit | 6 months2022-04-30 to 2022-10-28 | $2.13bn | us-gaap:GrossProfit |
| Research and development | 3 months2022-07-30 to 2022-10-28 | $243.0m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2022-04-30 to 2022-10-28 | $483.0m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 3 months2022-07-30 to 2022-10-28 | $282.0m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2022-04-30 to 2022-10-28 | $537.0m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2022-07-30 to 2022-10-28 | $17.0m | us-gaap:InterestExpense |
| Interest expense | 6 months2022-04-30 to 2022-10-28 | $35.0m | us-gaap:InterestExpense |
| Income tax | 3 months2022-07-30 to 2022-10-28 | −$445.0m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2022-04-30 to 2022-10-28 | −$389.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2022-07-30 to 2022-10-28 | $750.0m | us-gaap:NetIncomeLoss |
| Net income | 6 months2022-04-30 to 2022-10-28 | $964.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-07-30 to 2022-10-28 | $3.41 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2022-04-30 to 2022-10-28 | $4.34 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-07-30 to 2022-10-28 | $3.46 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2022-04-30 to 2022-10-28 | $4.40 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-07-30 to 2022-10-28 | 220,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2022-04-30 to 2022-10-28 | 222,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2022-04-30 to 2022-10-28 | $495.0m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2022-04-30 to 2022-10-28 | $142.0m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months2022-04-30 to 2022-10-28 | $218.0m | us-gaap:PaymentsOfDividends |
| Share repurchases | 6 months2022-04-30 to 2022-10-28 | $500.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2022-10-28 | $2.67bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2022-10-28 | $4.60bn | us-gaap:AssetsCurrent |
| Total assets | At period end2022-10-28 | $9.78bn | us-gaap:Assets |
| Current liabilities | At period end2022-10-28 | $3.40bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2022-10-28 | $8.58bn | us-gaap:Liabilities |
| Long-term debt | At period end2022-10-28 | $2.39bn | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2022-10-28 | $0 | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2022-10-28 | $0 | us-gaap:CommercialPaper |
| Shareholders' equity | At period end2022-10-28 | $1.20bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-22-025960. Last ingested by Listed: Oct 24, 2026, 15:01 ET. Listed shows no prices and gives no investment advice.