NetApp, Inc. (NTAP)财务
NASDAQ · Technology · Computer Hardware · 员工11,700人 · CEO George Kurian
- 股价
- $199.18 -8.81%
- 市值
- $391亿
- 企业价值
- $401亿
- 最近财报
- Q1 '27 2026-09-02提交
- 下次财报
- 2026-12-01 EPS预期 $2.60
营收(TTM)$73.9亿+12.2% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)25.7%+5.0 百分点 对比去年同期营业利润 $19亿
净利润(TTM)$14.2亿+21.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)$16.5亿-0.5% 对比去年同期资本支出 $2.47亿
稀释EPS(TTM)$7.09+25.3% 对比去年同期最近4个季度之和
净现金$10.4亿+80.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $391亿 EV $401亿
- 营收
- $73.9亿 过去12个月
- 营收增速
- +18% FY2027年一致预期
- 净利润率
- 19.2% 净利润 / 营收,TTM
- P/E
- 27.7× 预期 19.9×(FY2027)
- P/S
- 5.3× 股价 / 营收,TTM
- EV / EBITDA
- 18.7× TTM
- 自由现金流
- $16.5亿 过去12个月
- 净利润
- $14.2亿 过去12个月
- 营收预期
- $81.8亿 FY2027年一致预期
- 盈利
- 2026-12-01 营收预期 $21亿
- 股息
- $2.08 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-09-02):营收超预期10.2%,EPS 超预期21.7%营收$20.3亿,预期$18.4亿(+10.2%);EPS $2.58,预期$2.12(+21.7%)。
- 营收增长加速:同比29.9%Q1 '27营收$20.3亿,此前四个季度的平均值为5.2%。
- 营业利润率25.7%(TTM),较去年同期+5.0 百分点营收增长12.2%,营业利润增长39.4%。
- 资本支出占营收的3.3%(去年为2.7%)最近4个季度投入$2.47亿(同比+37.2%)。自由现金流$16.5亿,相当于净利润的116.4%。
- 股东回报$12.6亿 = 自由现金流的76.4%回购$8.5亿(去年为$10.5亿),股息$4.11亿,股权激励$3.97亿(TTM)。
- 稀释股数一年内减少1.5%Q1 '27稀释股数2亿,一年前为2.03亿。
- 净现金 $10.4亿现金 + 短期投资 $35.8亿,含租赁债务 $25.3亿;一年前净现金 $5.79亿。
上一季度:Q1 '27
截至2026-07-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q1 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $20.3亿 | $15.6亿 | +29.9% |
| 毛利率 | 70.1% | 70.4% | -0.4 百分点 |
| 营业利润 | $5.41亿 | $3.09亿 | +75.1% |
| 营业利润率 | 26.7% | 19.8% | +6.9 百分点 |
| 净利润 | $3.75亿 | $2.33亿 | +60.9% |
| 稀释EPS | $1.88 | $1.15 | +63.5% |
| 经营现金流 | $5.03亿 | $6.73亿 | -25.3% |
| 资本支出 | $1.02亿 | $5300万 | +92.5% |
| 自由现金流 | $4.01亿 | $6.2亿 | -35.3% |
| R&D | $2.74亿 | $2.42亿 | +13.2% |
| 股权激励费用 | $9800万 | $8300万 | +18.1% |
实际 vs 一致预期
2026-09-02| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $20.3亿 | $18.4亿 | +10.2% |
| EPS(一致预期口径) | $2.58 | $2.12 | +21.7% |
来自2026-09-02发布的Q1 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $9.87亿 | – | 48.7% | – | – | |
| Support | $7.2亿 | – | 35.6% | – | – | |
| Hybrid Cloud Segment | – | – | – | – | – | |
| Public Cloud Segment | $2.06亿 | – | 10.2% | – | – | |
| Professional And Other Services | $1.12亿 | – | 5.5% | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Americas | $9.78亿 | – | 48.3% | – | – | |
| E M E A | $6.68亿 | – | 33.0% | – | – | |
| Asia Pacific | $3.79亿 | – | 18.7% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $19亿
- 资本支出
- -$2.47亿
- 股票回购
- -$8.5亿
- 股息
- -$4.11亿
- 收购
- -$7800万
- 债务净发行
- $0
- 股权激励费用
- $3.97亿
- 自由现金流
- $16.5亿
- 股东回报 / FCF
- 76.4%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 27.7× | 16.3× | 10.7× – 21.4× |
| EV / EBITDA | 18.7× | 11.5× | 10.1× – 13.8× |
| EV / 营收 | 5.4× | 2.8× | 2.2× – 3.5× |
| 股价 / FCF | 23.7× | 14.2× | 11.5× – 16.6× |
| 股价 / 净资产 | 26.1× | 16.6× | 11.8× – 19.5× |
| FCF收益率 | 4.2% | 7.2% | 6.0% – 8.7% |
| 投入资本回报率 | 21.1% | 16.5% | 15.2% – 19.4% |
| 净资产收益率 | 113.7% | 103.3% | 86.0% – 114.0% |
分析师
一致目标价 $219.30 (+10.1%)
区间 $170.00 – $300.00 · 评级 Hold
强烈买入0
买入26
持有37
卖出8
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $81.8亿 | +18.1% | $10.01 | +57.3% | 19.9× | 12 |
| FY2028 | $87.1亿 | +6.4% | $11.15 | +11.4% | 17.9× | 13 |
| FY2029 | $93亿 | +6.9% | $12.49 | +12.0% | 16.0× | 2 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
NetApp, Inc.在近期10-Q / 10-K文件中标记的全部238项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $1100万2026-04-24 | – | – | |
| Accounts Payable, Current | $5.66亿 | $4.04亿 | +40.1% | $5.5亿2026-04-24 | $5.11亿 | +7.6% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $9.66亿 | $7.87亿 | +22.7% | $12.9亿2026-04-24 | $12.5亿 | +3.2% |
| Accrued Liabilities, Current | $12亿 | $8.95亿 | +34.1% | $11.5亿2026-04-24 | $11.2亿 | +2.6% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $14.1亿 | $16亿 | -12.2% | $13.9亿2026-04-24 | $15.7亿 | -11.3% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2100万 | -$4000万 | +47.5% | -$1100万2026-04-24 | -$6600万 | +83.3% |
| Adjustments to Additional Paid in Capital, Other | – | – | – | $400万2024-04-26 | – | – |
| Amortization of Intangible Assets | $400万2026-04-24 | $600万 | -33.3% | $2100万2026-04-24 | $4700万 | -55.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 200万2026-01-23 | 0 | – | 200万2024-04-26 | 600万 | -66.7% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1亿2026-04-24 | $9500万 | +5.3% | $3.82亿2026-04-24 | $3.86亿 | -1.0% |
| Assets | $110亿 | $96.8亿 | +13.2% | $107亿2026-04-24 | $108亿 | -0.7% |
| Assets, Current | $56.7亿 | $46.9亿 | +21.0% | $57.8亿2026-04-24 | $58.5亿 | -1.3% |
| Business Combination, Acquisition Related Costs | $02026-04-24 | $100万 | -100.0% | $02026-04-24 | $500万 | -100.0% |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets | $1.98亿 | – | – | – | – | – |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents | $900万 | – | – | – | – | – |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities | $500万 | – | – | – | – | – |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets | $1600万 | – | – | – | – | – |
| Capital Expenditures Incurred but Not yet Paid | $800万2026-04-24 | $400万 | +100.0% | $2000万2026-04-24 | $1400万 | +42.9% |
| Capitalized Contract Cost, Amortization | – | – | – | $1.06亿2026-04-24 | $1.23亿 | -13.8% |
| Capitalized Contract Cost, Impairment Loss | – | – | – | $02026-04-24 | $0 | – |
| Capitalized Contract Cost, Net | $2.69亿2026-04-24 | $1.68亿 | +60.1% | $2.69亿2026-04-24 | $1.68亿 | +60.1% |
| Capitalized Contract Cost, Net, Current | $1.17亿2026-04-24 | $6400万 | +82.8% | $1.17亿2026-04-24 | $6400万 | +82.8% |
| Capitalized Contract Cost, Net, Noncurrent | $1.52亿2026-04-24 | $1.04亿 | +46.2% | $1.52亿2026-04-24 | $1.04亿 | +46.2% |
| Cash and Cash Equivalents, at Carrying Value | $15.7亿 | $20.9亿 | -24.6% | $20.7亿2026-04-24 | $27.4亿 | -24.5% |
| Cash, Cash Equivalents, and Short-term Investments | $35.8亿2026-04-24 | $38.5亿 | -6.8% | $35.8亿2026-04-24 | $38.5亿 | -6.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $15.8亿 | $20.9亿 | -24.5% | $20.8亿2026-04-24 | $27.5亿 | -24.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4.4亿2026-04-24 | $12.3亿 | -64.3% | -$6.74亿2026-04-24 | $8.4亿 | -180.2% |
| Commercial Paper | $0 | $0 | – | $02026-04-24 | $0 | – |
| Common Stock, Dividends, Per Share, Declared | $0.522026-04-24 | $0.52 | 0.0% | $2.082026-04-24 | $2.08 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.002026-04-24 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 8.85亿 | 8.85亿 | 0.0% | 8.85亿2026-04-24 | 8.85亿 | 0.0% |
| Common Stock, Shares, Issued | 1.96亿 | 2亿 | -2.0% | 1.96亿2026-04-24 | 2.01亿 | -2.5% |
| Common Stock, Shares, Outstanding | 1.96亿 | 2亿 | -2.0% | 1.96亿2026-04-24 | 2.01亿 | -2.5% |
| Common Stocks, Including Additional Paid in Capital | $12.8亿 | $10.2亿 | +26.2% | $12.1亿2026-04-24 | $11.1亿 | +9.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $4.22亿2026-04-24 | $3.39亿 | +24.5% | $13.3亿2026-04-24 | $11.8亿 | +12.9% |
| Contract with Customer, Liability | – | – | – | $45.4亿2025-04-25 | $42.3亿 | +7.1% |
| Contract with Customer, Liability, Current | $22.5亿 | $22.7亿 | -0.8% | $23.2亿2026-04-24 | $22.8亿 | +1.8% |
| Contract with Customer, Liability, Noncurrent | $25.9亿 | $22.6亿 | +15.0% | $25.3亿2026-04-24 | $22.6亿 | +11.9% |
| Cost of Goods and Services Sold | $5.83亿2026-04-24 | $5.39亿 | +8.2% | $20.3亿2026-04-24 | $19.6亿 | +3.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $8300万2026-04-24 | $1.31亿 | -36.6% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1.3亿2026-04-24 | $1.28亿 | +1.6% |
| Current Income Tax Expense (Benefit) | – | – | – | $2.37亿2026-04-24 | $2.97亿 | -20.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $2400万2026-04-24 | $3800万 | -36.8% |
| Debt Securities, Available-for-sale, Amortized Cost | $29.4亿 | $27.4亿 | +7.4% | $30.6亿2026-04-24 | $32.2亿 | -5.0% |
| Deferred Compensation Cash-based Arrangements, Liability, Classified, Noncurrent | $4000万2026-04-24 | $3400万 | +17.6% | $4000万2026-04-24 | $3400万 | +17.6% |
| Deferred Compensation Liability, Current | $900万2026-04-24 | $700万 | +28.6% | $900万2026-04-24 | $700万 | +28.6% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $8200万2026-04-24 | -$1.02亿 | +180.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $4100万2026-04-24 | $1800万 | +127.8% |
| Deferred Income Tax Assets, Net | $8.59亿2026-04-24 | $9.94亿 | -13.6% | $8.59亿2026-04-24 | $9.94亿 | -13.6% |
| Deferred Income Tax Expense (Benefit) | $8700万2026-04-24 | $1000万 | +770.0% | $1.35亿2026-04-24 | -$1亿 | +235.0% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1200万2026-04-24 | -$1600万 | +175.0% |
| Deferred Tax Assets, Deferred Income | $2.67亿2026-04-24 | $2.5亿 | +6.8% | $2.67亿2026-04-24 | $2.5亿 | +6.8% |
| Deferred Tax Assets, Goodwill and Intangible Assets | $4.41亿2026-04-24 | $4.83亿 | -8.7% | $4.41亿2026-04-24 | $4.83亿 | -8.7% |
| Deferred Tax Assets, Gross | $11.8亿2026-04-24 | $12.9亿 | -8.4% | $11.8亿2026-04-24 | $12.9亿 | -8.4% |
| Deferred Tax Assets, in Process Research and Development | $1.82亿2026-04-24 | $1.98亿 | -8.1% | $1.82亿2026-04-24 | $1.98亿 | -8.1% |
| Deferred Tax Assets, Net | $8.29亿2026-04-24 | $9.66亿 | -14.2% | $8.29亿2026-04-24 | $9.66亿 | -14.2% |
| Deferred Tax Assets, Net of Valuation Allowance | $10.6亿2026-04-24 | $11.7亿 | -9.6% | $10.6亿2026-04-24 | $11.7亿 | -9.6% |
| Deferred Tax Assets, Other | $600万2026-04-24 | $600万 | 0.0% | $600万2026-04-24 | $600万 | 0.0% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $2500万2026-04-24 | $2500万 | 0.0% | $2500万2026-04-24 | $2500万 | 0.0% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Reserves | $1.14亿2026-04-24 | $1.88亿 | -39.4% | $1.14亿2026-04-24 | $1.88亿 | -39.4% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-31, 10-K 2026-04-24, 10-Q 2026-01-23, 10-Q 2025-10-24, 10-Q 2025-07-25, 10-K 2025-04-25, 10-Q 2025-01-24, 10-Q 2024-10-25, 10-Q 2024-07-26
数据截至 2026-11-02