What is NetApp's goodwill?

NetApp (NTAP) reported goodwill of $2.77B in Q1 2026.

How has NetApp's goodwill changed year-over-year?

NetApp's goodwill increased by 1.8% year-over-year, from $2.72B to $2.77B.

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

Over 5 years (2021 to 2026), NetApp's goodwill has grown at a 6.3% compound annual growth rate (CAGR), from $2.04B to $2.77B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

NetApp NTAP Goodwill

Goodwill at other companies

International Business MachinesIBM

$74.71B+13.1%

Dell TechnologiesDELL

$19.5B+1.0%

Nutanix, Inc.NTNX

$185.24M0.0%

Hewlett Packard EnterpriseHPE

$23.83B+42.5%

SnowflakeSNOW

$1.54B+45.5%

Western DigitalWDC

$4.32B0.0%

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:Goodwill.

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 goodwill?: NetApp (NTAP) reported goodwill of $2.77B in Q1 2026.
How has NetApp's goodwill changed year-over-year?: NetApp's goodwill increased by 1.8% year-over-year, from $2.72B to $2.77B.
What is the long-term trend for NetApp's goodwill?: Over 5 years (2021 to 2026), NetApp's goodwill has grown at a 6.3% compound annual growth rate (CAGR), from $2.04B to $2.77B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.