NetApp stock holds steady as fiscal 2025 revenue reaches $6.57 billion

NetApp stock is anchored by fiscal 2025 revenue of $6.57 billion and full-year non-GAAP operating margin of 28.0%, while cash from operations reached $1.12 billion.

NetApp Inc. (US64120B1098) is anchored by fiscal 2025 revenue of $6.57 billion and non-GAAP operating margin of 28.0%, with cash from operations at $1.12 billion for the year. The company reported those figures in its fiscal 2025 results, giving NetApp stock a clear fundamental base even without a fresh market print in this call.Fiscal 2025 brings $6.57 billionNetApp said fiscal 2025 revenue reached $6.57 billion, up 6% from fiscal 2024, while non-GAAP earnings per diluted share were $7.22, compared with $6.70 a year earlier. Net cash provided by operating activities rose to $1.12 billion from $970 million in fiscal 2024, a comparison that shows operating cash conversion improving alongside sales growth.The company also reported a non-GAAP operating margin of 28.0% for fiscal 2025, against 26.7% in fiscal 2024. That 130 basis-point increase matters because margin expansion, not only top-line growth, is what investors usually watch most closely in a mature infrastructure software and storage name.Margin expands 130 basis pointsNetApp closed fiscal 2025 with $1.92 billion in cash and cash equivalents, $3.18 billion in debt, and $2.24 billion in share repurchases during the year, according to its annual report for the period ended 25 April 2025. The company also declared quarterly cash dividends of $0.52 per share in fiscal 2025, a recurring capital-return signal that complements the operating numbers.For a stock like NetApp, the combination of 6% revenue growth, a 28.0% non-GAAP operating margin, and $1.12 billion in operating cash flow is more informative than a simple headline move. The comparison with fiscal 2024 shows the business is still translating its installed base into cash while holding profitability near the top of its recent range.Storage software still drives the mixNetApp's product mix remains centered on enterprise storage and data management systems, with cloud storage services and software subscriptions supporting the recurring part of the model. In fiscal 2025, the company said it continued to emphasize hybrid cloud and all-flash storage, two areas that tend to matter most for revenue durability and margin quality.The product-level story matters because NetApp's fiscal 2025 results were not just a one-quarter spike. Revenue, earnings per share, and operating cash flow all moved higher year over year, while the margin base stayed elevated at 28.0% on a non-GAAP basis.Capital returns remain visibleNetApp returned capital through repurchases and dividends in fiscal 2025, including $2.24 billion of buybacks and a quarterly dividend rate of $0.52 per share. Those figures give the stock an additional support factor for investors who focus on cash deployment rather than only on top-line growth.If a fresh price quote is not part of the day’s evidence set, the most useful market reference is still the business performance itself: fiscal 2025 revenue of $6.57 billion, EPS of $7.22, and operating cash flow of $1.12 billion. Those three numbers frame the current setup better than a static profile would.Read deeperNetApp fiscal 2025 results and capital returnReview the latest annual figures, margin trend, and cash deployment in one place.Open company topicInvestor RelationsNetApp cloud storageNetApp's cloud storage and data management portfolio remains the product core behind the fiscal 2025 numbers. The company has positioned hybrid cloud, all-flash arrays, and subscription services as the main engines of its recurring revenue base, which is why the segment mix matters when reading the annual figures.That product focus is visible in the margin profile as well. A 28.0% non-GAAP operating margin on $6.57 billion of revenue suggests a business that is still balancing growth with disciplined cost control.NetApp stock and the final readNetApp stock can be read through its fiscal 2025 execution: $6.57 billion in revenue, $7.22 in non-GAAP EPS, and $1.12 billion in operating cash flow. Those are the numbers that matter most from a market perspective when the latest session price is not the central evidence point.NetApp Inc. remains listed on Nasdaq under ticker NASDAQ: NTAP in the technology hardware, storage, and peripherals space, with the stock best understood through earnings quality and cash generation rather than narrative alone.NetApp Inc. key factsCompany: NetApp Inc.ISIN: US64120B1098Ticker: NASDAQ: NTAPTrading venue: NasdaqSector / Industry: Information Technology / Technology Hardware, Storage and PeripheralsIndex membership: Nasdaq 100