NTAP - NASDAQ

NetApp, Inc.

NTAP·NASDAQ

$181.08

+3.1%

TechnologyComputer Hardware

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$35.86B

EPS6.4100

P/E Ratio28.25

Earnings Date06/04/2026

10.82B

Assets

3Y+8.0%

5Y+44.0%

10Y+8.0%

9.78B

Total Liabilities

12%

3Y+6.0%

5Y+34.0%

10Y+37.0%

1.04B

Total Equity

-9%

3Y+24.0%

5Y+330.0%

10Y-64.0%

NetApp, Inc. Funding & Solvency Profile

NTAP · NASDAQ

Current Assets

Cash & Cash Equivalents2.74B

Net Receivables1.25B

Inventory186.00M

Other Current Assets573.00M

Total Current Assets6 B

Non-Current Assets

Property, Plant & Equipment804.00M

Goodwill & Intangible Assets2.77B

Long-Term Investments92.00M

Other Non-Current Assets316.00M

Total Non-Current Assets1 B

Total Assets

10.82B

Financial Health Analysis

Current Ratio

1.26x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

9.41x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

1 B

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

54% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

NetApp, Inc. Balance Sheet

NTAP • NASDAQ

NetApp, Inc. Balance Sheet	Apr 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010	Apr 2009	Apr 2008	Apr 2007	Apr 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	2.7B	1.9B	2.3B	4.1B	4.5B	2.7B	2.3B	2.9B	2.4B	2.9B	1.9B	2.3B	3.3B	1.5B	2.8B	1.7B	1.5B	936.5M	489.1M	461.3M
Short-Term Investments	1.1B	1.3B	754M	22M	67M	224M	1.6B	2.5B	2.5B	2.4B	3.4B	2.7B	3.7B	3.8B	2.4B	2B	1.1B	227.9M	819.7M	861.6M
Cash & Short-Term Investments	3.8B	3.3B	3.1B	4.1B	4.6B	2.9B	3.9B	5.4B	4.9B	5.3B	5.3B	5B	7B	5.4B	5.2B	3.7B	2.6B	1.2B	1.3B	1.3B
Net Receivables	1.2B	1B	987M	1.2B	945M	973M	1.2B	1B	731M	813M	778.9M	855.9M	800.9M	830.9M	742.6M	471.5M	446.5M	582.1M	591.3M	415.3M
Accounts Receivables	1.2B	1B	987M	1.2B	945M	973M	1.2B	1B	731M	813M	778.9M	855.9M	800.9M	830.9M	742.6M	471.5M	446.5M	582.1M	591.3M	415.3M
Inventory	186M	186M	167M	204M	114M	145M	131M	126M	163M	98M	146.5M	122.4M	139.5M	161.5M	108.5M	112.9M	61.1M	70.2M	54.9M	64.5M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-66M	0.0	234M	268M	219.4M	271.5M	225.4M	188.4M	0.0	119.9M	120.6M	56.8M	43.5M
Other Current Assets	573M	452M	456M	377M	346M	274M	364M	392M	383M	0.0	254M	489.7M	253.7M	210.2M	151M	228.7M	207.1M	130.2M	229.1M	187M
Total Current Assets	5.9B	4.9B	4.7B	5.9B	6B	4.3B	5.6B	6.9B	6.2B	6.4B	6.8B	6.5B	8.4B	6.8B	6.4B	4.5B	3.4B	2.1B	2.2B	2B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	804M	851M	931M	896M	639M	864M	759M	756M	799M	937M	1B	1.1B	1.2B	1.1B	911.6M	804.4M	807.9M	693.8M	603.5M	513.2M
Goodwill	2.7B	2.8B	2.8B	2.3B	2B	1.8B	1.7B	1.7B	1.7B	1.7B	1B	988.1M	988.1M	905.2M	760.3M	681M	681M	680.1M	601.1M	487.5M
Intangible Assets	43M	124M	181M	142M	101M	44M	47M	94M	131M	180M	89.5M	121.5M	180.6M	236M	53M	25.1M	45.7M	90.1M	83M	75.1M
Goodwill & Intangible Assets	2.8B	2.9B	2.9B	2.5B	2.1B	1.8B	1.8B	1.8B	1.8B	1.9B	1.1B	1.1B	1.2B	1.1B	813.3M	706.1M	726.7M	770.1M	684.1M	562.6M
Long-Term Investments	92M	85M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	36M	42M	51M	65.1M	72.8M	127.3M	0.0	0.0	0.0
Tax Assets	994M	896M	948M	362M	219M	220M	201M	270M	525M	621M	255.9M	245M	200.4M	203.8M	0.0	0.0	372.1M	208.5M	126.4M	48.5M
Other Non-Current Assets	316M	275M	319M	335M	361M	342M	389M	221M	156M	175M	225M	243.1M	242.2M	172.6M	130.4M	399.1M	0.0	331.1M	3.6M	152M
Total Non-Current Assets	5B	5B	5.1B	4.1B	3.4B	3.2B	3.1B	3B	3.3B	3.6B	2.6B	2.7B	2.8B	2.7B	2.1B	2B	2B	2B	1.4B	1.2B
Total Assets	10.8B	9.9B	9.8B	10B	9.4B	7.5B	8.7B	9.9B	9.5B	10B	9.4B	9.2B	11.2B	9.5B	8.5B	6.5B	5.5B	4.1B	3.7B	3.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	511M	517M	392M	607M	420M	426M	542M	609M	347M	254M	283.4M	247M	259.7M	233.1M	232.8M	229M	142.6M	178.2M	144.1M	152.9M
Accounts Payable	511M	517M	392M	607M	420M	426M	542M	609M	347M	254M	283.4M	247M	259.7M	233.1M	232.8M	184.6M	137.8M	178.2M	144.1M	101.3M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	88.8M	4.7M	0.0	0.0	103.2M
Accrued Expenses	0.0	0.0	0.0	0.0	21M	26M	25M	25M	33M	48M	58M	73M	0.0	0.0	0.0	379.1M	394.5M	357.3M	274.3M	198.7M
Short Term Debt	750M	400M	0.0	250M	0.0	522M	649M	385M	1.2B	849M	0.0	0.0	1.3B	1.2B	1.2B	0.0	0.0	0.0	85.1M	166.2M
Capital Lease Obligations (Current)	40M	40M	47M	47M	49M	51M	0.0	0.0	130M	19M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.7M	6.2M	53.4M	51.6M
Deferred Revenue	2.3B	2.2B	2.2B	2.2B	2.1B	1.9B	1.8B	1.8B	1.7B	1.8B	1.7B	1.7B	1.6B	1.4B	1.2B	1.1B	1B	872.4M	630.6M	399.4M
Other Current Liabilities	1.1B	973M	810M	878M	900M	697M	826M	800M	619M	698M	643M	720.8M	749.8M	717.9M	763M	212.2M	128.7M	6.2M	53.4M	51.6M
Total Current Liabilities	4.7B	4.1B	3.5B	4B	3.5B	3.6B	3.9B	3.6B	4B	3.7B	2.7B	2.7B	3.8B	3.5B	3.4B	1.9B	1.7B	1.4B	1.2B	917.2M
NON-CURRENT LIABILITIES
Long Term Debt	2.5B	2B	2.4B	2.4B	2.6B	1.1B	1.1B	1.5B	744M	1.5B	1.5B	995.5M	994.6M	0.0	0.0	1.1B	1.3B	172.6M	0.0	133.8M
Deferred Revenue (Non-Current)	2.3B	2.1B	2.1B	2.1B	1.9B	1.8B	1.8B	1.7B	1.6B	1.6B	1.5B	1.4B	1.4B	1.4B	1.1B	779.5M	701.6M	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	45M	153M	144M	131M	127M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	118M	212M	316M	400M	452M	621M	797M	992M	249M	413M	318M	296.2M	253.5M	206.9M	192.9M	171.9M	164.5M	783.9M	481.9M	286.6M
Total Non-Current Liabilities	5.1B	4.6B	5.2B	5.2B	5.2B	3.7B	3.8B	4.2B	2.7B	3.5B	3.3B	2.7B	2.7B	1.7B	1.3B	2.1B	2.1B	956.5M	481.9M	420.3M
Capital Lease Obligations	256M	260M	295M	304M	120M	144M	0.0	0.0	130M	19M	0.0	0.0	0.0	0.0	0.0	0.0	164.5M	146.1M	9.5M	4.4M
Total Liabilities	9.8B	8.7B	8.7B	9.2B	8.7B	7.3B	7.7B	7.8B	6.7B	7.2B	6B	5.4B	6.5B	5.2B	4.7B	4B	3.8B	2.4B	1.7B	1.3B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.9B	-2.9B	-2.9B	-2.9B	-2.9B	-2.5B	-1.6B	-818M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	114.6M	0.0	0.0	0.0	0.0	0.0
Common Stock	1.1B	997M	945M	760M	504M	284M	1.1B	2.4B	2.8B	2.9B	3.4B	300K	500K	500K	500K	500K	437K	429K	422K	408K
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.4B	3.8B	4.7B	4.4B	4B	3.5B	3B	2.7B	2.4B	1.9B
Retained Earnings	0.0	208M	265M	122M	211M	0.0	0.0	-218M	40M	0.0	53.2M	1.1M	2.9B	2.8B	2.7B	2B	1.6B	1.5B	1.2B	928.4M
Accumulated Other Comprehensive Income/Loss	-66M	-59M	-51M	-44M	-30M	-42M	-43M	-70M	-29M	-31M	-23.7M	9.1M	8.7M	4.9M	12.8M	2.8M	-5.2M	773K	5.5M	-60.4M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.4B	0.0	0.0	62.6M	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	1B	1.1B	1.2B	838M	685M	242M	1.1B	2.1B	2.8B	2.9B	3.4B	3.8B	4.7B	4.4B	3.8B	2.5B	1.7B	1.7B	2B	1.9B
Total Equity	1B	1.1B	1.2B	838M	685M	242M	1.1B	2.1B	2.8B	2.9B	3.4B	3.8B	4.7B	4.4B	3.8B	2.5B	1.7B	1.7B	2B	1.9B
SUMMARY
Total Liabilities & Equity	10.8B	9.9B	9.8B	10B	9.4B	7.5B	8.7B	9.9B	9.5B	10B	9.4B	9.2B	11.2B	9.5B	8.5B	6.5B	5.5B	4.1B	3.7B	3.3B
Total Investments	1.2B	1.4B	754M	22M	67M	224M	1.6B	2.5B	2.5B	2.4B	3.4B	2.7B	3.7B	3.9B	2.5B	2.1B	1.2B	227.9M	819.7M	861.6M
Total Debt	3.5B	2.7B	2.7B	2.9B	2.8B	1.8B	1.8B	1.9B	2.1B	2.4B	1.5B	990.1M	2.3B	1.2B	1.2B	1.1B	1.3B	172.6M	85.1M	300M
Net Debt	749M	749M	368M	-1.2B	-1.8B	-846M	-532M	-1B	-321M	-510M	-435M	-1.3B	-1B	-347.5M	-1.6B	-603.5M	-229.2M	-763.9M	-404M	-161.3M
Shares Outstanding	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386	199,618,386

SEC Filings

NTAP - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 21, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	February 26, 2026	January 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 12, 2026	January 08, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 25, 2025	November 25, 2025	2025	View Filing
10-Q 10-Q 2025 Q4 Q4	November 25, 2025	October 24, 2025	2025	View Filing
8-K 8-K 2025 N/A	September 15, 2025	September 10, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	August 27, 2025	July 25, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 27, 2025	August 27, 2025	2025	View Filing
DEF 14A DEF 14A 2025 N/A	July 25, 2025	September 10, 2025	2025	View Filing

Showing 1 to 10 of 410 filings

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