What is NetApp's debt repayments?

NetApp (NTAP) reported debt repayments of -$750M in Q1 2026.

How has NetApp's debt repayments changed year-over-year?

NetApp's debt repayments decreased by 86.1% year-over-year, from -$403M to -$750M.

What is the long-term trend for NetApp's debt repayments?

Over 3 years (2023 to 2026), NetApp's debt repayments has grown at a -100.0% compound annual growth rate (CAGR), from -$5M to $0.

What does debt repayments mean?

Cash used to repay or retire outstanding debt obligations, including scheduled maturities and early redemptions.

NetApp NTAP Debt Repayments

Debt Repayments at other companies

Dell TechnologiesDELL

$2.79B+20.7%

Hewlett Packard EnterpriseHPE

$2.45B+327%

Western DigitalWDC

$31M-83.5%

Seagate Technology Holdings PLCSTX

$642M+20.9%

Fastly, Inc. FSLY

$38.59M—

TD SYNNEXSNX

$13.9M-6.8%

Other financials

Income statement

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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

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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

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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

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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:ProceedsFromRepaymentsOfOtherLongTermDebt.

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 debt repayments?: NetApp (NTAP) reported debt repayments of -$750M in Q1 2026.
How has NetApp's debt repayments changed year-over-year?: NetApp's debt repayments decreased by 86.1% year-over-year, from -$403M to -$750M.
What is the long-term trend for NetApp's debt repayments?: Over 3 years (2023 to 2026), NetApp's debt repayments has grown at a -100.0% compound annual growth rate (CAGR), from -$5M to $0.
What does debt repayments mean?: Cash used to repay or retire outstanding debt obligations, including scheduled maturities and early redemptions.