What is NetApp's total assets?

NetApp (NTAP) reported total assets of $10.74B in Q1 2026.

How has NetApp's total assets changed year-over-year?

NetApp's total assets decreased by 0.7% year-over-year, from $10.82B to $10.74B.

What is the long-term trend for NetApp's total assets?

Over 5 years (2021 to 2026), NetApp's total assets has grown at a 2.8% compound annual growth rate (CAGR), from $9.36B to $10.74B.

What does total assets mean?

The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.

NetApp NTAP Total Assets

Total Assets at other companies

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$156.23B+7.3%

Backblaze, Inc.BLZE

$192.67M+13.2%

Dell TechnologiesDELL

$114.91B+32.3%

Nutanix, Inc.NTNX

$3.42B+10.4%

Hewlett Packard EnterpriseHPE

$79.51B+17.2%

SnowflakeSNOW

$8.55B+4.9%

Other financials

Income statement

See full

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%

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$30.32B+43.9%

Enterprise value$30.98B+42.0%

P/E23.8×+6.0×

P/S4.4×+1.2×

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:Assets.

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 total assets?: NetApp (NTAP) reported total assets of $10.74B in Q1 2026.
How has NetApp's total assets changed year-over-year?: NetApp's total assets decreased by 0.7% year-over-year, from $10.82B to $10.74B.
What is the long-term trend for NetApp's total assets?: Over 5 years (2021 to 2026), NetApp's total assets has grown at a 2.8% compound annual growth rate (CAGR), from $9.36B to $10.74B.
What does total assets mean?: The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.