What is NetApp's interest expense?

NetApp (NTAP) reported interest expense of $26M in Q4 2025.

How has NetApp's interest expense changed year-over-year?

NetApp's interest expense increased by 116.7% year-over-year, from $12M to $26M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

NetApp NTAP Interest Expense

Interest Expense at other companies

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$473M+4.0%

Backblaze, Inc.BLZE

$1.21M+41.7%

SnowflakeSNOW

$2.08M+0.4%

Western DigitalWDC

$38M-58.2%

Seagate Technology Holdings PLCSTX

$68M-11.7%

Fastly, Inc. FSLY

$3.31M+4.2%

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:InterestExpenseNonoperating.

The official record: NetApp’s 10-Q, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NetApp's interest expense?: NetApp (NTAP) reported interest expense of $26M in Q4 2025.
How has NetApp's interest expense changed year-over-year?: NetApp's interest expense increased by 116.7% year-over-year, from $12M to $26M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.