NetApp (NTAP) Cash & Equivalents (2009 - 2026)
NetApp (NTAP) posted quarterly Cash & Equivalents of $2.1 billion for Q2 2026, down 24.51% year-over-year from $2.7 billion in Q2 2025, and down 31.18% on a QoQ basis from $3.0 billion in Q1 2026.
NetApp (NTAP) Cash & Equivalents (2009 - 2026) Analysis & Trends
NetApp (NTAP) has reported Cash & Equivalents for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cash & Equivalents fell 24.51% year-over-year to $2.1 billion; the TTM figure through Apr 2026 stood at $2.1 billion (down 24.51% YoY), while the FY2026 annual figure was $2.1 billion, down 24.51% from the prior year.
- Cash & Equivalents came in at $2.1 billion for Q2 2026 at NetApp, down from $3.0 billion in the prior quarter.
- The five-year high for Cash & Equivalents was $4.2 billion in Q1 2022, with the low at $1.5 billion in Q4 2024.
- Average Cash & Equivalents over 5 years is $2.6 billion, with a median of $2.7 billion recorded in 2022.
- Across the five-year window, Cash & Equivalents slumped 41.26% in 2023 and jumped 49.36% in 2024, its largest moves.
- Year by year, Cash & Equivalents stood at $2.7 billion in 2022, then slipped by 27.54% to $1.9 billion in 2023, then slipped by 23.58% to $1.5 billion in 2024, then surged by 40.19% to $2.1 billion in 2025, then declined by 0.1% to $2.1 billion in 2026.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $2.1 billion, $3.0 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 32.11 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 31.29 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 2.29 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 4.16 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 3.10 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 2.22 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 932.23 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 43.11 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 6.86 Bn |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | 2.07 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 2.07 Bn |
| Jan 23, 2026 | 3.01 Bn |
| Oct 24, 2025 | 2.07 Bn |
| Jul 25, 2025 | 3.32 Bn |
| Apr 25, 2025 | 2.74 Bn |
| Jan 24, 2025 | 2.26 Bn |
| Oct 25, 2024 | 1.48 Bn |
| Jul 26, 2024 | 3.02 Bn |
| Apr 26, 2024 | 3.25 Bn |
| Jan 26, 2024 | 1.82 Bn |
| Oct 27, 2023 | 1.93 Bn |
| Jul 28, 2023 | 2.02 Bn |
| Apr 28, 2023 | 2.32 Bn |
| Jan 27, 2023 | 2.64 Bn |
| Oct 28, 2022 | 2.67 Bn |
| Jul 29, 2022 | 3.44 Bn |
| Apr 29, 2022 | 3.07 Bn |
| Jan 28, 2022 | 4.20 Bn |
| Oct 29, 2021 | 4.51 Bn |
| Jul 30, 2021 | 4.49 Bn |