Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 1.66B | 7.6% |
| Gross Profit | 1.18B | 7.2% |
| Cost of Revenue | 1.07B | 0% |
| Operating expense | 832M | 2% |
| Net Income | 299M | 20.6% |
| EBITDA | 408M | 18.3% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 9B | 3.3% |
| Total Liabilities | 8.11B | 3.2% |
| Total Equity | 892M | 4% |
| Shares Outstanding | 203M | 1% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 105M | 69.2% |
| Cash from investing | 564M | 1205.9% |
| Cash from financing | -842M | 53.6% |
EPS
Financial Highlights for Netapp in Q4 '24
Netapp reported a revenue of 1.66B, which is a 7.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.18B, marking a 7.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.07B, a 0% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 832M, showing a 2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 299M, showing a 20.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 408M, showing a 18.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Netapp with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
