NetApp balance sheet

At the end of fiscal 2026, NetApp had total assets of $10.74bn, total liabilities of $9.39bn and shareholders' equity of $1.35bn. It held $2.08bn in cash against $2.49bn of debt: net debt of $412m.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

NetApp: balance sheet, annual
Fiscal year	2010Apr 2010	2011Apr 2011	2012Apr 2012	2013Apr 2013	2014Apr 2014	2015Apr 2015	2016Apr 2016	2017Apr 2017	2018Apr 2018	2019Apr 2019	2020Apr 2020	2021Apr 2021	2022Apr 2022	2023Apr 2023	2024Apr 2024	2025Apr 2025	2026Apr 2026	LTMJul 2026
Cash and equivalents	1.7	2.8	1.5	3.3	2.3	1.9	2.9	2.4	2.9	2.3	2.7	4.5	4.1	2.3	1.9	2.7	2.1	1.6
Receivables	0.5	0.7	0.8	0.8	0.9	0.8	0.8	0.7	1.0	1.2	1.0	0.9	1.2	1.0	1.0	1.2	1.3	1.0
Inventory	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.4
Total current assets	4.5	6.4	6.8	8.4	6.5	6.8	6.4	6.2	7.0	5.6	4.3	6.0	5.9	4.7	4.9	5.9	5.8	5.7
Goodwill	0.7	0.8	0.9	1.0	1.0	1.0	1.7	1.7	1.7	1.7	1.8	2.0	2.3	2.8	2.8	2.7	2.8	2.9
Total assets	6.5	8.5	9.5	11.2	9.2	9.4	10.0	9.5	10.0	8.7	7.5	9.4	10.0	9.8	9.9	10.8	10.7	11.0
Accounts payable	0.2	0.2	0.2	0.3	0.2	0.3	0.3	0.3	0.6	0.5	0.4	0.4	0.6	0.4	0.5	0.5	0.6	0.6
Deferred revenue (current)	1.1	1.2	1.4	1.6	1.7	1.7	—	—	1.7	1.8	1.9	2.1	2.2	2.2	2.2	2.3	2.3	2.3
Total current liabilities	1.9	3.4	3.5	3.8	2.7	2.7	3.7	4.1	3.5	3.9	3.6	3.5	4.0	3.5	4.1	4.7	4.0	4.6
Short-term debt	—	—	1.2	1.3	0.0	0.0	0.0	0.7	0.0	0.4	0.0	0.0	0.3	0.0	0.4	0.8	0.0	0.6
Long-term debt	—	—	0.0	1.0	1.0	1.5	1.5	0.7	1.5	1.1	1.1	2.6	2.4	2.4	2.0	2.5	2.5	1.9
Total debt	1.1	1.2	1.2	2.3	1.0	1.5	2.3	2.0	1.9	1.8	1.1	2.6	2.6	2.4	2.4	3.2	2.5	2.5
Total liabilities	4.0	4.7	5.2	6.5	5.4	6.0	7.2	6.7	7.7	7.7	7.3	8.7	9.2	8.7	8.7	9.8	9.4	9.5
Shareholders' equity	2.5	3.7	4.3	4.7	3.8	3.4	2.9	2.9	2.3	1.1	0.2	0.7	0.8	1.2	1.1	1.0	1.4	1.5
Net debt (negative = net cash)	−0.6	−1.6	−0.3	−1.0	−1.3	−0.4	−0.5	−0.5	−1.0	−0.5	−1.5	−1.9	−1.5	0.1	0.5	0.5	0.4	0.9
Shares outstanding	—	—	—	—	325m	306m	281m	269m	263m	240m	219m	222m	220m	212m	206m	201m	196m	196m

US$ billions unless shown otherwise. Fiscal quarters.

NetApp: balance sheet, quarterly
Quarter	2025 Q2Oct 2024	2025 Q3Jan 2025	2025 Q4Apr 2025	2026 Q1Jul 2025	2026 Q2Oct 2025	2026 Q3Jan 2026	2026 Q4Apr 2026	2027 Q1Jul 2026
Receivables	0.9	0.9	1.2	0.8	1.0	1.3	1.3	1.0
Inventory	0.3	0.3	0.2	0.1	0.1	0.1	0.2	0.4
Total current assets	3.9	3.9	5.9	4.7	4.7	5.0	5.8	5.7
Goodwill	2.8	2.7	2.7	2.7	2.7	2.8	2.8	2.9
Total assets	9.0	9.0	10.8	9.7	9.6	10.0	10.7	11.0
Accounts payable	0.6	0.4	0.5	0.4	0.4	0.4	0.6	0.6
Deferred revenue (current)	2.0	2.1	2.3	2.3	2.1	2.3	2.3	2.3
Total current liabilities	4.3	4.2	4.7	3.6	3.5	3.6	4.0	4.6
Short-term debt	0.7	0.8	0.8	0.0	0.0	0.0	0.0	0.6
Long-term debt	1.2	1.2	2.5	2.5	2.5	2.5	2.5	1.9
Total debt	2.0	2.0	3.2	2.5	2.5	2.5	2.5	2.5
Total liabilities	8.1	8.0	9.8	8.7	8.6	8.8	9.4	9.5
Shareholders' equity	0.9	1.0	1.0	1.0	1.0	1.2	1.4	1.5
Shares outstanding	203m	203m	201m	200m	198m	198m	196m	196m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from NetApp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to NetApp.