What is NetApp's intangibles (net)?

NetApp (NTAP) reported intangibles (net) of $22M in Q1 2026.

How has NetApp's intangibles (net) changed year-over-year?

NetApp's intangibles (net) decreased by 48.8% year-over-year, from $43M to $22M.

What is the long-term trend for NetApp's intangibles (net)?

Over 5 years (2021 to 2026), NetApp's intangibles (net) has grown at a -26.3% compound annual growth rate (CAGR), from $101M to $22M.

What does intangibles (net) mean?

Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

NetApp NTAP Intangibles (Net)

Intangibles (Net) at other companies

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$4.44B-8.8%

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$2.03M-27.6%

Hewlett Packard EnterpriseHPE

$5.82B+1,037%

Fastly, Inc. FSLY

$23.49M-38.1%

Akamai TechnologiesAKAM

$589.36M-15.9%

SnowflakeSNOW

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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

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:FiniteLivedIntangibleAssetsNet.

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 intangibles (net)?: NetApp (NTAP) reported intangibles (net) of $22M in Q1 2026.
How has NetApp's intangibles (net) changed year-over-year?: NetApp's intangibles (net) decreased by 48.8% year-over-year, from $43M to $22M.
What is the long-term trend for NetApp's intangibles (net)?: Over 5 years (2021 to 2026), NetApp's intangibles (net) has grown at a -26.3% compound annual growth rate (CAGR), from $101M to $22M.
What does intangibles (net) mean?: Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.