Current Assets
Total Current Assets
NetApp Total Current Assets increased by 7.3% to $5.00B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.8%, from $3.91B to $5.00B. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows relatively stable performance with a -0.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.00B | $5.63B | $5.67B | $5.51B | $5.95B | $4.92B | $4.60B | $4.54B | $4.68B | $4.16B | $3.99B | $4.33B | $4.90B | $4.32B | $3.94B | $3.91B | $5.85B | $4.69B | $4.65B | $5.00B |
| QoQ Change | — | -6.2% | +0.7% | -2.8% | +7.8% | -17.2% | -6.5% | -1.4% | +3.1% | -11.1% | -4.0% | +8.4% | +13.2% | -11.8% | -8.8% | -0.8% | +49.7% | -19.9% | -0.7% | +7.3% |
| YoY Change | — | — | — | — | -0.9% | -12.6% | -18.8% | -17.6% | -21.3% | -15.5% | -13.3% | -4.7% | +4.6% | +3.9% | -1.4% | -9.7% | +19.5% | +8.5% | +18.2% | +27.8% |
Range$3.91B – $6.00B
CAGR-3.8%
Avg YoY Growth-2.1%
Median YoY Growth-3.0%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is NetApp's total current assets?
- NetApp (NTAP) reported total current assets of $5.00B in Q4 2025.
- How has NetApp's total current assets changed year-over-year?
- NetApp's total current assets increased by 27.8% year-over-year, from $3.91B to $5.00B.
- What is the long-term trend for NetApp's total current assets?
- Over 4 years (2021 to 2025), NetApp's total current assets has grown at a -0.6% compound annual growth rate (CAGR), from $6.00B to $5.85B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.