NetApp Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.91B | $5.52B | $5.55B | $6.12B | $6.33B | $6.33B | $6.22B | $5.12B |
| Product | $3.72B | $3.29B | $3.12B | $3.61B | $3.83B | $3.93B | $3.92B | $3.23B |
| Support | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Professional and Other Services | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Software Maintenance and Services | $2.19B | $2.23B | $2.43B | $2.51B | $2.49B | $2.40B | $2.30B | $1.89B |
| Cost of Revenue | $2.21B | $2.13B | $2.17B | $2.29B | $2.41B | $2.57B | $2.52B | $1.79B |
| Gross Profit | $3.71B | $3.36B | $3.37B | $3.83B | $3.92B | $3.76B | $3.71B | $3.33B |
| Gross Margin | 62.7% | 61.0% | 60.8% | 62.6% | 62.0% | 59.4% | 59.7% | 65.0% |
| Operating Expenses | ||||||||
| Research & Development | $783.0M | $779.0M | $861.0M | $920.0M | $918.0M | $904.2M | $828.2M | $648.6M |
| SG&A Expense | $280.0M | $271.0M | $307.0M | $284.0M | $281.0M | $272.6M | $264.9M | $251.3M |
| Operating Income | $1.16B | $621.0M | $348.0M | $716.0M | $734.0M | $607.8M | $746.5M | $824.3M |
| Operating Margin | 19.6% | 11.3% | 6.3% | 11.7% | 11.6% | 9.6% | 12.0% | 16.1% |
| Interest Expense | $62.0M | $52.0M | $49.0M | $42.0M | $36.0M | $91.7M | $74.7M | $75.9M |
| Pretax Income | $1.20B | $621.0M | $345.0M | $713.0M | $741.0M | $566.6M | $712.4M | $794.1M |
| Income Tax Expense | $1.08B | $140.0M | $116.0M | $153.0M | $103.0M | $61.3M | $107.0M | $121.0M |
| Net Income | $116.0M | $481.0M | $229.0M | $560.0M | $638.0M | $505.3M | $605.4M | $673.1M |
| Net Margin | 2.0% | 8.7% | 4.1% | 9.1% | 10.1% | 8.0% | 9.7% | 13.1% |
| EPS (Basic) | $0.43 | $1.75 | $0.78 | $1.77 | $1.87 | $1.40 | $1.66 | $1.87 |
| EPS (Diluted) | $0.42 | $1.71 | $0.77 | $1.75 | $1.83 | $1.37 | $1.58 | $1.71 |
| Shares Outstanding (Basic) | 268.0M | 275.0M | 294.0M | 316.0M | 340.0M | 361.5M | 363.9M | 360.9M |
| Shares Outstanding (Diluted) | 276.0M | 281.0M | 297.0M | 321.0M | 348.0M | 368.0M | 384.3M | 393.7M |
| Dividends Per Share | $0.80 | $0.76 | $0.72 | $0.66 | $0.60 | — | — | — |