NetApp, Inc.: Form 10-Q for the period ended Jan 27, 2023
Filed with the SEC on Mar 1, 2023 and accepted by EDGAR at Mar 1, 2023, 21:19 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-01-27. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-10-29 to 2023-01-27 | $1.53bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2022-04-30 to 2023-01-27 | $4.78bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2022-10-29 to 2023-01-27 | $525.0m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2022-04-30 to 2023-01-27 | $1.65bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2022-10-29 to 2023-01-27 | $1.00bn | us-gaap:GrossProfit |
| Gross profit | 9 months2022-04-30 to 2023-01-27 | $3.13bn | us-gaap:GrossProfit |
| Research and development | 3 months2022-10-29 to 2023-01-27 | $230.0m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2022-04-30 to 2023-01-27 | $713.0m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 3 months2022-10-29 to 2023-01-27 | $172.0m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2022-04-30 to 2023-01-27 | $709.0m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2022-10-29 to 2023-01-27 | $16.0m | us-gaap:InterestExpense |
| Interest expense | 9 months2022-04-30 to 2023-01-27 | $51.0m | us-gaap:InterestExpense |
| Income tax | 3 months2022-10-29 to 2023-01-27 | $112.0m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2022-04-30 to 2023-01-27 | −$277.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2022-10-29 to 2023-01-27 | $65.0m | us-gaap:NetIncomeLoss |
| Net income | 9 months2022-04-30 to 2023-01-27 | $1.03bn | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-10-29 to 2023-01-27 | $0.30 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2022-04-30 to 2023-01-27 | $4.66 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-10-29 to 2023-01-27 | $0.30 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2022-04-30 to 2023-01-27 | $4.72 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-10-29 to 2023-01-27 | 219,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2022-04-30 to 2023-01-27 | 221,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2022-04-30 to 2023-01-27 | $872.0m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2022-04-30 to 2023-01-27 | $200.0m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2022-04-30 to 2023-01-27 | $326.0m | us-gaap:PaymentsOfDividends |
| Share repurchases | 9 months2022-04-30 to 2023-01-27 | $700.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-01-27 | $2.64bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-01-27 | $4.54bn | us-gaap:AssetsCurrent |
| Total assets | At period end2023-01-27 | $9.71bn | us-gaap:Assets |
| Current liabilities | At period end2023-01-27 | $3.39bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-01-27 | $8.61bn | us-gaap:Liabilities |
| Long-term debt | At period end2023-01-27 | $2.39bn | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-01-27 | $0 | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2023-01-27 | $0 | us-gaap:CommercialPaper |
| Shareholders' equity | At period end2023-01-27 | $1.10bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-23-005545. Last ingested by Listed: Oct 24, 2026, 15:01 ET. Listed shows no prices and gives no investment advice.