NetApp, Inc. financial data

Symbol
NTAP on Nasdaq
Industry
Computer Storage Devices
Location
3060 Olsen Drive, San Jose, California
State of incorporation
California
Fiscal year end
April 26
Former names
NETWORK APPLIANCE INC (to 5/12/2008)
Latest financial report
Q1 2024 - Jun 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 117 % -13.7%
Quick Ratio 3.84 % -35.2%
Debt-to-equity 894 % +6.04%
Return On Equity 104 % -15.7%
Return On Assets 10.2 % -24.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 206 M shares -3.12%
Common Stock, Shares, Outstanding 206 M shares -2.83%
Entity Public Float 10.9 B USD +6.04%
Weighted Average Number of Shares Outstanding, Basic 208 M shares -4.15%
Weighted Average Number of Shares Outstanding, Diluted 213 M shares -3.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.27 B USD -1.48%
Research and Development Expense 1.03 B USD +7.64%
Selling and Marketing Expense 1.83 B USD -0.06%
General and Administrative Expense 308 M USD +16.2%
Operating Income (Loss) 1.21 B USD +19.3%
Nonoperating Income (Expense) 49 M USD +2.08%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.26 B USD +18.5%
Income Tax Expense (Benefit) 277 M USD +29%
Net Income (Loss) Attributable to Parent 986 M USD -22.6%
Earnings Per Share, Basic 4.74 USD/shares -19.3%
Earnings Per Share, Diluted 4.63 USD/shares -20%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.9 B USD -17.8%
Cash, Cash Equivalents, and Short-term Investments 3.25 B USD +5.93%
Accounts Receivable, after Allowance for Credit Loss, Current 1.01 B USD +2.03%
Inventory, Net 186 M USD +11.4%
Other Assets, Current 452 M USD -0.88%
Assets, Current 4.9 B USD +4.64%
Deferred Income Tax Assets, Net 896 M USD -5.49%
Property, Plant and Equipment, Net 604 M USD -7.08%
Operating Lease, Right-of-Use Asset 247 M USD -12.1%
Goodwill 2.76 B USD 0%
Other Assets, Noncurrent 1.5 B USD -2.91%
Assets 9.89 B USD +0.7%
Accounts Payable, Current 517 M USD +31.9%
Employee-related Liabilities, Current 538 M USD +48.2%
Accrued Liabilities, Current 1.01 B USD +18.2%
Contract with Customer, Liability, Current 2.18 B USD -1.89%
Liabilities, Current 4.11 B USD +18.4%
Contract with Customer, Liability, Noncurrent 2.06 B USD -1.77%
Accrued Income Taxes, Noncurrent 100 M USD -53.5%
Operating Lease, Liability, Noncurrent 220 M USD -11.3%
Other Liabilities, Noncurrent 585 M USD -17.4%
Liabilities 8.74 B USD +0.95%
Common Stocks, Including Additional Paid in Capital 997 M USD +5.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -59 M USD -15.7%
Retained Earnings (Accumulated Deficit) 208 M USD -21.5%
Stockholders' Equity Attributable to Parent 1.15 B USD -1.12%
Liabilities and Equity 9.89 B USD +0.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.69 B USD +52.2%
Net Cash Provided by (Used in) Financing Activities -1.34 B USD +11.2%
Net Cash Provided by (Used in) Investing Activities -735 M USD +47.1%
Common Stock, Shares Authorized 885 M shares 0%
Common Stock, Shares, Issued 206 M shares -2.83%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -413 M USD +77%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.91 B USD -17.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 59 M USD -9.23%
Deferred Tax Assets, Valuation Allowance 121 M USD +7.08%
Deferred Tax Assets, Gross 1.18 B USD -4.82%
Operating Lease, Liability 260 M USD -11.9%
Payments to Acquire Property, Plant, and Equipment 155 M USD -35.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 978 M USD -22.8%
Lessee, Operating Lease, Liability, to be Paid 302 M USD -12%
Property, Plant and Equipment, Gross 2.08 B USD +3.43%
Operating Lease, Liability, Current 40 M USD -14.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 40 M USD -9.09%
Lessee, Operating Lease, Liability, to be Paid, Year One 45 M USD -15.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 53 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 42 M USD -12.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 34 M USD -10.5%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 24 M USD
Current Income Tax Expense (Benefit) 224 M USD -43.7%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 220 M USD -0.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 29 M USD -9.38%
Operating Lease, Payments 50 M USD -9.09%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 25 M USD -35.9%
Current Federal Tax Expense (Benefit) 89 M USD -57.4%
Amortization of Intangible Assets 57 M USD -16.2%
Depreciation, Depletion and Amortization 198 M USD +9.39%
Deferred Tax Assets, Net of Valuation Allowance 1.06 B USD -6.01%
Share-based Payment Arrangement, Expense 357 M USD +14.4%
Deferred State and Local Income Tax Expense (Benefit) 6 M USD
Interest Expense 64 M USD -4.48%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%