NetApp Research and Development Expense from 2010 to 2023

NTAP Stock  USD 61.06  0.47  0.76%   
NetApp Research and Development Expense yearly trend continues to be relatively stable with very little volatility. Research and Development Expense is likely to drop to about 778.2 M. During the period from 2010 to 2023, NetApp Research and Development Expense destribution of quarterly values had r-value of (0.81) from its regression line and mean deviation of  39,703,588. NetApp Weighted Average Shares is relatively stable at the moment as compared to the past year. NetApp reported last year Weighted Average Shares of 222 Million. As of 03/26/2023, Weighted Average Shares Diluted is likely to grow to about 242.3 M, while Revenues is likely to drop slightly above 5.5 B.
  
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp main balance sheet or income statement drivers, such as Direct Expenses of 1.9 B, Consolidated Income of 741.6 M or Cost of Revenue of 1.9 B, as well as many exotic indicators such as Interest Coverage of 13.82, Long Term Debt to Equity of 4.14 or Calculated Tax Rate of 22.31. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules. It can also supplement NetApp's financial leverage analysis and stock options assessment as well as various NetApp Technical models . Check out the analysis of NetApp Correlation against competitors. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide.

NetApp Quarterly Research and Development Expense

230 Million

NetApp Research and Development Expense Breakdown

Showing smoothed Research and Development Expense of NetApp Inc with missing and latest data points interpolated. A component of Operating Expenses representing the aggregate costs incurred in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service. Where this item is not contained on the company consolidated financial statements the default value on 0 is used.NetApp's Research and Development Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetApp's overall financial position and show how it may be relating to other accounts over time.
Research and Development Expense10 Years Trend
Down
Slightly volatile
   Research and Development Expense   
       Timeline  

NetApp Research and Development Expense Regression Statistics

Arithmetic Mean869,153,554
Geometric Mean867,909,961
Coefficient Of Variation5.50
Mean Deviation39,703,588
Median881,000,000
Standard Deviation47,829,413
Range141,750,239
R-Value(0.81)
R-Squared0.66
Significance0.00040616
Slope(9,296,380)

NetApp Research and Development Expense History

2023778.2 M
2022792.9 M
2020881 M
2015847 M

About NetApp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetApp income statement, its balance sheet, and the statement of cash flows. NetApp investors use historical funamental indicators, such as NetApp's Research and Development Expense, to determine how well the company is positioned to perform in the future. Although NetApp investors may use each financial statement separately, they are all related. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetApp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetApp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetApp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Research and Development Expense792.9 M778.2 M

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Check out the analysis of NetApp Correlation against competitors. To learn how to invest in NetApp Stock please use our How to Invest in NetApp guide. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73) 
Dividend Share
2
Earnings Share
5.75
Revenue Per Share
29.469
Quarterly Revenue Growth
(0.06) 
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine NetApp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.