What is NetApp's accounts payable?

NetApp (NTAP) reported accounts payable of $550M in Q1 2026.

How has NetApp's accounts payable changed year-over-year?

NetApp's accounts payable increased by 7.6% year-over-year, from $511M to $550M.

What is the long-term trend for NetApp's accounts payable?

Over 5 years (2021 to 2026), NetApp's accounts payable has grown at a 5.5% compound annual growth rate (CAGR), from $420M to $550M.

What does accounts payable mean?

Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.

NetApp NTAP Accounts Payable

Accounts Payable at other companies

International Business MachinesIBM

$4.04B+12.7%

Dell TechnologiesDELL

$45.26B+78.6%

Nutanix, Inc.NTNX

$84.38M+70.1%

Hewlett Packard EnterpriseHPE

$11.31B+21.4%

SnowflakeSNOW

$55.06M-64.5%

Western DigitalWDC

$1.59B+3,507%

Other financials

Income statement

See full

Revenue$1.9B+12.5%

Gross profit$1.4B+14.4%

Operating income$532.0M+52.9%

Net income$404.0M+18.8%

EPS (diluted)$2.03+23.8%

Balance sheet

See full

Cash & equivalents$2.1B-24.5%

Total debt$2.7B-21.7%

Total equity$1.4B+29.9%

Total assets$10.7B-0.7%

Cash flow

See full

Operating cash flow$950.0M+40.7%

CapEx$50.0M+42.9%

Free cash flow$900.0M+40.6%

Valuation

See full

Market cap$33.65B+59.2%

Enterprise value$34.31B+56.7%

P/E26.4×+8.5×

P/S4.9×+1.6×

Profitability

See full

Gross margin70.7%+0.6pp

Operating margin24.2%+3.8pp

Net margin18.4%+0.4pp

FCF margin27%+6.6pp

Returns & leverage

See full

Return on equity106.7%-1.8pp

Debt / equity2×-1.3×

Current ratio1.4×+0.2×

Where this comes from

Reported directly by NetApp in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: NetApp’s 10-K, filed June 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about NetApp's accounts payable.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is NetApp's accounts payable?: NetApp (NTAP) reported accounts payable of $550M in Q1 2026.
How has NetApp's accounts payable changed year-over-year?: NetApp's accounts payable increased by 7.6% year-over-year, from $511M to $550M.
What is the long-term trend for NetApp's accounts payable?: Over 5 years (2021 to 2026), NetApp's accounts payable has grown at a 5.5% compound annual growth rate (CAGR), from $420M to $550M.
What does accounts payable mean?: Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.