NetApp Reported — Deferred Revenue increased by 7.1% to $4.54B in Q1 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests strong future revenue visibility and growing demand for long-term service or support contracts, while a decrease may indicate slowing sales or faster-than-expected fulfillment of obligations.
This metric represents the total amount of deferred revenue or unearned income resulting from customer contracts where p...
Commonly referred to as Deferred Revenue or Contract Liabilities in GAAP financial statements, this metric is standard across technology and SaaS companies with recurring revenue models.
ntap_segment_reported_contract_with_customer_liability| Q1 '23 | Q1 '24 | Q1 '25 | |
|---|---|---|---|
| Value | $4.31B | $4.23B | $4.54B |
| QoQ Change | — | -1.8% | +7.1% |
| YoY Change | — | -1.8% | +7.1% |