NetApp, Inc. financial data

Symbol
NTAP on Nasdaq
Location
San Jose, CA
Fiscal year end
24 April
Latest financial report
10-Q - Q4 2025 - 26 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 132% % 32%
Quick Ratio 3.6% % -37%
Debt-to-equity 864% % 3%
Return On Equity 117% % 1.5%
Return On Assets 12% % -1.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 197,330,400 shares -3%
Common Stock, Shares, Outstanding 198,000,000 shares -2.5%
Entity Public Float $16,600,000,000 USD 52%
Weighted Average Number of Shares Outstanding, Basic 198,000,000 shares -2.9%
Weighted Average Number of Shares Outstanding, Diluted 200,000,000 shares -3.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $6,709,000,000 USD 3.1%
Research and Development Expense $986,000,000 USD -4%
Selling and Marketing Expense $1,839,000,000 USD -1.5%
General and Administrative Expense $344,000,000 USD 13%
Operating Income (Loss) $1,490,000,000 USD 10%
Nonoperating Income (Expense) $6,000,000 USD -111%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,484,000,000 USD 5.3%
Income Tax Expense (Benefit) $272,000,000 USD 0%
Net Income (Loss) Attributable to Parent $1,212,000,000 USD 6.6%
Earnings Per Share, Basic 6.05 USD/shares 9.2%
Earnings Per Share, Diluted 5.97 USD/shares 11%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $1,629,000,000 USD 7.8%
Cash, Cash Equivalents, and Short-term Investments $3,008,000,000 USD 33%
Accounts Receivable, after Allowance for Credit Loss, Current $1,314,000,000 USD 46%
Inventory, Net $109,000,000 USD -59%
Other Assets, Current $565,000,000 USD 17%
Assets, Current $4,996,000,000 USD 28%
Deferred Income Tax Assets, Net $946,000,000 USD -5.9%
Property, Plant and Equipment, Net $576,000,000 USD 1.6%
Operating Lease, Right-of-Use Asset $231,000,000 USD -4.5%
Goodwill $2,756,000,000 USD 1.2%
Other Assets, Noncurrent $1,617,000,000 USD -7.2%
Assets $9,971,000,000 USD 11%
Accounts Payable, Current $413,000,000 USD -4.8%
Employee-related Liabilities, Current $376,000,000 USD 2.7%
Accrued Liabilities, Current $908,000,000 USD -3.5%
Contract with Customer, Liability, Current $2,273,000,000 USD 9.8%
Liabilities, Current $3,594,000,000 USD -14%
Contract with Customer, Liability, Noncurrent $2,358,000,000 USD 15%
Accrued Income Taxes, Noncurrent $0 USD -100%
Operating Lease, Liability, Noncurrent $207,000,000 USD -3.7%
Other Liabilities, Noncurrent $375,000,000 USD -25%
Liabilities $8,813,000,000 USD 10%
Common Stocks, Including Additional Paid in Capital $1,147,000,000 USD 8.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax $29,000,000 USD 55%
Retained Earnings (Accumulated Deficit) $40,000,000 USD
Stockholders' Equity Attributable to Parent $1,158,000,000 USD 16%
Liabilities and Equity $9,971,000,000 USD 11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $673,000,000 USD 97%
Net Cash Provided by (Used in) Financing Activities $1,157,000,000 USD -111%
Net Cash Provided by (Used in) Investing Activities $181,000,000 USD -255%
Common Stock, Shares Authorized 885,000,000 shares
Common Stock, Shares, Issued 198,000,000 shares -2.5%
Common Stock, Par or Stated Value Per Share 0.001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $658,000,000 USD -163%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $1,635,000,000 USD 7.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities $23,000,000 USD 0%
Deferred Tax Assets, Valuation Allowance $119,000,000 USD -1.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.178 pure
Deferred Tax Assets, Gross $1,288,000,000 USD 8.8%
Operating Lease, Liability $248,000,000 USD -3.1%
Payments to Acquire Property, Plant, and Equipment $53,000,000 USD 29%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,248,000,000 USD 11%
Lessee, Operating Lease, Liability, to be Paid $286,000,000 USD -3.1%
Property, Plant and Equipment, Gross $2,230,000,000 USD 5.2%
Operating Lease, Liability, Current $41,000,000 USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two $41,000,000 USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One $47,000,000 USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.035 pure 6.1%
Deferred Income Tax Expense (Benefit) $9,000,000 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $38,000,000 USD -2.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three $36,000,000 USD 5.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Unrecognized Tax Benefits $71,000,000 USD -69%
Lessee, Operating Lease, Liability, to be Paid, Year Four $31,000,000 USD 6.9%
Operating Lease, Payments $12,000,000 USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $23,000,000 USD -58%
Deferred Tax Assets, Net of Valuation Allowance $1,169,000,000 USD 10%
Share-based Payment Arrangement, Expense $377,000,000 USD -0.53%
Interest Expense $64,000,000 USD -4.5%
Preferred Stock, Par or Stated Value Per Share 0.001 USD/shares 0%