Discontinued — last reported Q3 '25
Financed Unearned Services Revenue — Deferred Revenue
NetApp Financed Unearned Services Revenue — Deferred Revenue decreased by 4.8% to $40.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $47.00M to $40.00M. Over 4 years (FY 2021 to FY 2025), Financed Unearned Services Revenue — Deferred Revenue shows a downward trend with a -9.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong growth in long-term service bookings and future revenue visibility, while a decrease may indicate slowing service renewals or a shift in billing cycles. Sustained growth in this liability often precedes consistent service revenue recognition in subsequent periods.
Detailed definition
This metric represents the portion of deferred revenue related to service contracts that has been financed or billed in...
Peer comparison
Comparable to 'Deferred Revenue' or 'Contract Liabilities' found in the balance sheets of other enterprise software and infrastructure-as-a-service providers.
ntap_segment_financed_unearned_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 | $71.00M | $65.00M | $61.00M | $63.00M | $61.00M | $55.00M | $49.00M | $49.00M | $48.00M | $42.00M | $43.00M | $51.00M | $52.00M | $47.00M | $42.00M | $40.00M | $42.00M | $40.00M |
| QoQ Change | — | -8.5% | -6.2% | +3.3% | -3.2% | -9.8% | -10.9% | +0.0% | -2.0% | -12.5% | +2.4% | +18.6% | +2.0% | -9.6% | -10.6% | -4.8% | +5.0% | -4.8% |
| YoY Change | — | — | — | — | -14.1% | -15.4% | -19.7% | -22.2% | -21.3% | -23.6% | -12.2% | +4.1% | +8.3% | +11.9% | -2.3% | -21.6% | -19.2% | -14.9% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is NetApp's financed unearned services revenue — deferred revenue?
- NetApp (NTAP) reported financed unearned services revenue — deferred revenue of $40.00M in Q2 2025.
- How has NetApp's financed unearned services revenue — deferred revenue changed year-over-year?
- NetApp's financed unearned services revenue — deferred revenue decreased by 14.9% year-over-year, from $47.00M to $40.00M.
- What is the long-term trend for NetApp's financed unearned services revenue — deferred revenue?
- Over 4 years (2021 to 2025), NetApp's financed unearned services revenue — deferred revenue has grown at a -9.1% compound annual growth rate (CAGR), from $250.00M to $171.00M.
- What does financed unearned services revenue — deferred revenue mean?
- The amount of money collected from customers for future service contracts that has not yet been earned through service delivery.