Discontinued — last reported Q3 '25
Deferred Services Revenue — Deferred Revenue
NetApp Deferred Services Revenue — Deferred Revenue decreased by 0.2% to $4.42B in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $4.07B to $4.42B. Over 4 years (FY 2021 to FY 2025), Deferred Services Revenue — Deferred Revenue shows an upward trend with a 3.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong sales momentum and a growing pipeline of future service revenue, while a decrease may indicate slowing service bookings or a shift in contract duration. Sustained growth in this liability is generally a positive indicator of long-term service revenue visibility.
Detailed definition
This metric represents the portion of service contract revenue that has been invoiced or collected from customers but ha...
Peer comparison
Comparable to deferred revenue or contract liabilities found in other enterprise software and infrastructure-as-a-service providers, reflecting the health of recurring service-based business models.
ntap_segment_deferred_services_revenue_contract_with_customer_liabilityHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.87B | $3.79B | $3.76B | $3.86B | $4.14B | $4.08B | $3.98B | $4.15B | $4.25B | $4.12B | $3.92B | $4.04B | $4.12B | $4.07B | $4.00B | $4.03B | $4.43B | $4.42B |
| QoQ Change | — | -2.1% | -0.9% | +2.6% | +7.3% | -1.5% | -2.4% | +4.2% | +2.4% | -3.0% | -4.8% | +2.9% | +2.2% | -1.4% | -1.6% | +0.7% | +9.9% | -0.2% |
| YoY Change | — | — | — | — | +6.9% | +7.6% | +5.9% | +7.5% | +2.6% | +1.0% | -1.4% | -2.7% | -2.9% | -1.3% | +2.0% | -0.2% | +7.4% | +8.7% |
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Frequently Asked Questions
- What is NetApp's deferred services revenue — deferred revenue?
- NetApp (NTAP) reported deferred services revenue — deferred revenue of $4.42B in Q2 2025.
- How has NetApp's deferred services revenue — deferred revenue changed year-over-year?
- NetApp's deferred services revenue — deferred revenue increased by 8.7% year-over-year, from $4.07B to $4.42B.
- What is the long-term trend for NetApp's deferred services revenue — deferred revenue?
- Over 4 years (2021 to 2025), NetApp's deferred services revenue — deferred revenue has grown at a 3.1% compound annual growth rate (CAGR), from $14.64B to $16.52B.
- What does deferred services revenue — deferred revenue mean?
- This is the amount of money received from customers for services that have not yet been delivered.