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Discontinued — last reported Q4 '26

Geographic · PP&E (Net)

US — PP&E (Net)

NetApp US — PP&E (Net) increased by 4.5% to $373M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $344M to $373M. Over 5 years (FY 2021 to FY 2026), US — PP&E (Net) shows a downward trend with a -6.5% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2026Jun 5, 2026
Rolls up toPP&E (Net)

How to read this metric

An increase suggests ongoing capital expenditure and expansion of infrastructure, while a decrease may indicate asset aging or a shift toward asset-light cloud delivery models.

Detailed definition

This metric represents the net book value of tangible assets, such as data center infrastructure, office facilities, and...

Peer comparison

Commonly reported as Net PP&E in regional segment disclosures for technology and manufacturing firms.

Metric ID: ntap_segment_us_property_plant_and_equipment_net

Historical Data

21 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$340M$343M$351M$374M$392M$399M$431M$427M$413M$407M$390M$376M$378M$372M$369M$348M$344M$346M$346M$357M$373M
QoQ Change+0.9%+2.3%+6.6%+4.8%+1.8%+8.0%-0.9%-3.3%-1.5%-4.2%-3.6%+0.5%-1.6%-0.8%-5.7%-1.1%+0.6%+0.0%+3.2%+4.5%
YoY Change+15.3%+16.3%+22.8%+14.2%+5.4%+2.0%-9.5%-11.9%-8.5%-8.6%-5.4%-7.4%-9.0%-7.0%-6.2%+2.6%+8.4%
Range$340M$431M
CAGR+1.9%
Avg YoY Growth+0.8%
Median YoY Growth-5.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is NetApp's us — pp&e (net)?
NetApp (NTAP) reported us — pp&e (net) of $373M in Q1 2026.
How has NetApp's us — pp&e (net) changed year-over-year?
NetApp's us — pp&e (net) increased by 8.4% year-over-year, from $344M to $373M.
What is the long-term trend for NetApp's us — pp&e (net)?
Over 5 years (2021 to 2026), NetApp's us — pp&e (net) has grown at a -6.5% compound annual growth rate (CAGR), from $1.99B to $1.42B.
What does us — pp&e (net) mean?
The total value of the company's physical assets in the US after accounting for depreciation.