Non-Current Liabilities

Operating Lease Liabilities (Total)

NetApp Operating Lease Liabilities (Total) decreased by 2.0% to $248.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $256.00M to $248.00M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 20.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$120.00M$264.00M$273.00M$317.00M$304.00M$295.00M$308.00M$302.00M$295.00M$282.00M$271.00M$265.00M$260.00M$255.00M$257.00M$256.00M$256.00M$260.00M$253.00M$248.00M
QoQ Change+120.0%+3.4%+16.1%-4.1%-3.0%+4.4%-1.9%-2.3%-4.4%-3.9%-2.2%-1.9%-1.9%+0.8%-0.4%+0.0%+1.6%-2.7%-2.0%
YoY Change+153.3%+11.7%+12.8%-4.7%-3.0%-4.4%-12.0%-12.3%-11.9%-9.6%-5.2%-3.4%-1.5%+2.0%-1.6%-3.1%
Range$120.00M$317.00M
CAGR+16.5%
Avg YoY Growth+6.7%
Median YoY Growth-3.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is NetApp's operating lease liabilities (total)?
NetApp (NTAP) reported operating lease liabilities (total) of $248.00M in Q4 2025.
How has NetApp's operating lease liabilities (total) changed year-over-year?
NetApp's operating lease liabilities (total) decreased by 3.1% year-over-year, from $256.00M to $248.00M.
What is the long-term trend for NetApp's operating lease liabilities (total)?
Over 4 years (2021 to 2025), NetApp's operating lease liabilities (total) has grown at a 20.9% compound annual growth rate (CAGR), from $120.00M to $256.00M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.