What is NetApp's accounts receivable?

NetApp (NTAP) reported accounts receivable of $1.29B in Q1 2026.

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

NetApp's accounts receivable increased by 3.2% year-over-year, from $1.25B to $1.29B.

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

Over 5 years (2021 to 2026), NetApp's accounts receivable has grown at a 6.4% compound annual growth rate (CAGR), from $945M to $1.29B.

What does accounts receivable mean?

Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.

NetApp NTAP Accounts Receivable

Accounts Receivable at other companies

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$6.49B+10.9%

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$4.26M+141%

Dell TechnologiesDELL

$25.85B+164%

Nutanix, Inc.NTNX

$251.59M-6.9%

Hewlett Packard EnterpriseHPE

$5.92B+65.6%

SnowflakeSNOW

$579.72M+9.3%

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

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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:AccountsReceivableNetCurrent.

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

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Questions, answered.

What is NetApp's accounts receivable?: NetApp (NTAP) reported accounts receivable of $1.29B in Q1 2026.
How has NetApp's accounts receivable changed year-over-year?: NetApp's accounts receivable increased by 3.2% year-over-year, from $1.25B to $1.29B.
What is the long-term trend for NetApp's accounts receivable?: Over 5 years (2021 to 2026), NetApp's accounts receivable has grown at a 6.4% compound annual growth rate (CAGR), from $945M to $1.29B.
What does accounts receivable mean?: Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.