Income StatementBalance SheetCash FlowSegments
NetApp logo

NetApp Balance Sheet Statement

Assets, liabilities, and shareholders' equity

NetApp holds $10.0B in total assets. Shareholders' equity is $1.2B against $2.7B in total debt. Cash and equivalents total $1.6B. The current ratio is 1.39 and debt-to-equity is 2.36. Based on the Q1 2026 filing.

Total Assets$10.0BTotal Stockholders Equity$1.2BLong Term Debt$2.5BCash And Equivalents$1.6BTotal Current Assets$5.0BTotal Current Liabilities$3.6B
Latest FilingQ1 2026
Report Date2026-02-26
Market Cap$23.8B
P/E Ratio19.64
ROE112.59%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$554.0M$434.0M$511.0M$404.0M$436.0M$413.0M
Accrued expenses$969.0M$941.0M$1.1B$895.0M$890.0M$908.0M
Accrued Progress Collections and Price Adjustments$2.1B$2.1B$2.3B$2.3B$2.3B$2.4B
Other Commercial Liabilities$969.0M$941.0M$1.1B$895.0M$890.0M$908.0M
Contract liabilities$2.1B$2.1B$2.3B$2.3B$2.3B$2.4B
Accrued Liabilities, Current$969.0M$941.0M$1.1B$895.0M$890.0M$908.0M
Current portion of long-term debt$749.0M$750.0M$750.0M$0.0$0.0$0.0
Deferred revenue$2.0B$2.1B$2.3B$2.3B$2.1B$2.3B
Operating lease liabilities, current$41.0M$41.0M$40.0M$41.0M$42.0M$41.0M
Total current liabilities$4.3B$4.2B$4.7B$3.6B$3.5B$3.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$873.0M$898.0M$1.2B$787.0M$988.0M$1.3B
Cash and cash equivalents$1.5B$1.5B$2.7B$2.1B$2.1B$1.6B
Other current assets$527.0M$481.0M$573.0M$443.0M$525.0M$565.0M
Inventories$317.0M$268.0M$186.0M$133.0M$127.0M$109.0M
Prepaid expenses and other current assets$527.0M$481.0M$573.0M$443.0M$525.0M$565.0M
Short-term investments$744.0M$750.0M$1.1B$1.2B$942.0M$1.4B
Total current assets$3.9B$3.9B$5.9B$4.7B$4.7B$5.0B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$55.0M-$65.0M-$66.0M-$40.0M-$50.0M-$29.0M
Common stock$947.0M$1.1B$1.1B$1.0B$1.0B$1.1B
Common stock$947.0M$1.1B$1.1B$1.0B$1.0B$1.1B
Retained earnings$0.0$0.0$0.0$0.0$0.0$40.0M
Total liabilities and stockholders' equity$9.0B$9.0B$10.8B$9.7B$9.6B$10.0B
Total stockholders' equity$892.0M$995.0M$1.0B$975.0M$986.0M$1.2B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$2.1B$2.1B$2.3B$2.3B$2.3B$2.4B
Long-term debt$1.2B$1.2B$2.5B$2.5B$2.5B$2.5B
Deferred revenue, net of current portion$2.1B$2.1B$2.3B$2.3B$2.3B$2.4B
Operating Lease Liabilities (Total)$257.0M$256.0M$256.0M$260.0M$253.0M$248.0M
Other non-current liabilities$496.0M$503.0M$379.0M$394.0M$387.0M$375.0M
Total liabilities$8.1B$8.0B$9.8B$8.7B$8.6B$8.8B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$1.6B$1.7B$1.6B$1.7B$1.6B$1.6B
Goodwill$2.8B$2.7B$2.7B$2.7B$2.7B$2.8B
Intangible assets, net$96.0M$49.0M$43.0M$37.0M$31.0M$26.0M
Intangible assets — net$96.0M$49.0M$43.0M$37.0M$31.0M$26.0M
Other non-current assets$1.6B$1.7B$1.6B$1.7B$1.6B$1.6B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$744.0M$750.0M$1.1B$1.2B$942.0M$1.4B
Other non-current assets$1.6B$1.7B$1.6B$1.7B$1.6B$1.6B
Property and equipment, net$593.0M$567.0M$563.0M$570.0M$568.0M$576.0M
Software and Technology Licenses, Net$1.6B$1.7B$1.6B$1.7B$1.6B$1.6B
Total assets$9.0B$9.0B$10.8B$9.7B$9.6B$10.0B