NetApp (NTAP) Cash & Equivalents (2009 - 2026)
NetApp (NTAP) posted Cash & Equivalents of $1.6 billion for Q3 2026, down 24.01% on a QoQ basis from $2.1 billion in Q2 2026, and down 52.68% year-over-year from $3.3 billion in Q3 2025.
Analysis
NetApp (NTAP) Cash & Equivalents (2009 - 2026) Analysis & Trends
NetApp has reported Cash & Equivalents for 18 years, with the latest figure at $1.6 billion in Q3 2026.
- On a quarterly basis, Cash & Equivalents fell 52.68% year-over-year to $1.6 billion in Q3 2026; TTM through Jul 2026 was $1.6 billion, a 52.68% decrease from a year earlier, with the FY2026 full-year figure at $2.1 billion, down 46.18% from the prior year.
- Cash & Equivalents was $1.6 billion for Q3 2026 at NetApp, down from $2.1 billion in the prior quarter.
- The five-year high for Cash & Equivalents was $4.2 billion in Q1 2022, with the low at $1.6 billion in Q3 2026.
- Average Cash & Equivalents over 5 years is $2.9 billion, with a median of $3.0 billion recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Cash & Equivalents surged 49.36% in 2024, then slumped 52.68% in 2026.
- Over 5 years, Cash & Equivalents stood at $3.0 billion in 2022, then slipped by 13.62% to $2.6 billion in 2023, then declined by 15.19% to $2.2 billion in 2024, then surged by 35.64% to $3.0 billion in 2025, then slumped by 47.81% to $1.6 billion in 2026.
- The last three Cash & Equivalents figures came in at $1.6 billion (Q3 2026), $2.1 billion (Q2 2026), and $3.0 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 347.87 Bn | 336.30 Bn | 7.78 Bn | 11.58 Bn |
| 2 | Sandisk | 263.49 Bn | 258.73 Bn | 7.58 Bn | 4.76 Bn |
| 3 | Arista Networks | 249.59 Bn | 236.24 Bn | 1.91 Bn | 2.29 Bn |
| 4 | Seagate Technology Holdings | 201.66 Bn | 199.96 Bn | 1.90 Bn | 1.70 Bn |
| 5 | Western Digital | 168.39 Bn | 166.81 Bn | 2.03 Bn | 1.58 Bn |
| 6 | Hewlett Packard Enterprise | 74.44 Bn | 68.22 Bn | 4.93 Bn | 6.22 Bn |
| 7 | NetApp | 36.87 Bn | 33.30 Bn | 1.42 Bn | 1.57 Bn |
| 8 | Everpure | 33.80 Bn | 32.80 Bn | 811.39 Mn | 385.69 Mn |
| 9 | Super Micro Computer | 24.36 Bn | 16.84 Bn | 1.94 Bn | 7.52 Bn |
| 10 | Penguin Solutions | 2.65 Bn | 2.21 Bn | 133.21 Mn | 440.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.57 Bn |
| Apr 24, 2026 | 2.07 Bn |
| Jan 23, 2026 | 3.01 Bn |
| Oct 24, 2025 | 3.01 Bn |
| Jul 25, 2025 | 3.32 Bn |
| Apr 25, 2025 | 3.85 Bn |
| Jan 24, 2025 | 2.26 Bn |
| Oct 25, 2024 | 2.22 Bn |
| Jul 26, 2024 | 3.02 Bn |
| Apr 26, 2024 | 3.25 Bn |
| Jan 26, 2024 | 2.92 Bn |
| Oct 27, 2023 | 2.62 Bn |
| Jul 28, 2023 | 2.02 Bn |
| Apr 28, 2023 | 3.07 Bn |
| Jan 27, 2023 | 3.14 Bn |
| Oct 28, 2022 | 3.03 Bn |
| Jul 29, 2022 | 3.44 Bn |
| Apr 29, 2022 | 3.07 Bn |
| Jan 28, 2022 | 4.20 Bn |
| Oct 29, 2021 | 4.55 Bn |