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Earnings Summary: NetApp reports 4% growth in Q4 2025 revenue

NetApp, Inc. (NASDAQ: NTAP), a provider of intelligent data infrastructure, has reported higher revenues and net income for the fourth quarter of 2025.

  • Net revenues were $1.73 billion in Q4, compared to $1.67 billion in the comparable quarter of fiscal 2024, a year-over-year increase of 4%
  • Hybrid Cloud segment revenue rose 3% YoY to $1.57 billion, and Public Cloud segment revenue advanced 8% to $164 million
  • Q4 billings rose 12% to $2.03 billion from $1.81 billion in the fourth quarter of 2024
  • Net income, on a reported basis, increased to $340 million in the April quarter from $291 million a year earlier
  • On an adjusted basis, net income was $397 million, compared to $382 million last year
  • On aper share basis, Q4 earnings rose to $1.65 from $1.37 in Q4 2024; adjusted earnins moved up to $1.93 per share from $1.80 per share last year
  • During the quarter, NetApp returned $355 million to stockholders through share repurchases and cash dividends
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