NetApp (NTAP) Change in Inventory (2009 - 2026)
NetApp (NTAP) posted Change in Inventory of $176.0 million for Q3 2026, up 97.75% on a QoQ basis from $89.0 million in Q2 2026, and up 425.93% year-over-year from $33.5 million in Q3 2025.
Analysis
NetApp (NTAP) Change in Inventory (2009 - 2026) Analysis & Trends
NetApp has reported Change in Inventory for 18 years, with the latest figure at $176.0 million in Q3 2026.
- On a quarterly basis, Change in Inventory rose 425.93% year-over-year to $176.0 million in Q3 2026; TTM through Jul 2026 was $242.0 million, a 395.12% increase from a year earlier, with the FY2026 full-year figure at $12.0 million, up 1100.0% from the prior year.
- Change in Inventory was $176.0 million for Q3 2026 at NetApp, up from $89.0 million in the prior quarter.
- The five-year high for Change in Inventory was $176.0 million in Q3 2026, with the low at -$81.0 million in Q2 2025.
- Average Change in Inventory over 5 years is $11.5 million, with a median of $9.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Change in Inventory slumped 675.0% in 2023, then surged 1244.44% in 2024.
- Over 5 years, Change in Inventory stood at $12.0 million in 2022, then sank by 175.0% to -$9.0 million in 2023, then soared by 1244.44% to $103.0 million in 2024, then sank by 105.83% to -$6.0 million in 2025, then jumped by 3033.33% to $176.0 million in 2026.
- The last three Change in Inventory figures came in at $176.0 million (Q3 2026), $89.0 million (Q2 2026), and -$17.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 4.72 Bn |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 460.00 Mn |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | 155.20 Mn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 41.00 Mn |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 154.00 Mn |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 2.89 Bn |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 176.00 Mn |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | 33.80 Mn |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 2.21 Bn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | 175.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 176.00 Mn |
| Apr 24, 2026 | 89.00 Mn |
| Jan 23, 2026 | -17.00 Mn |
| Oct 24, 2025 | -6.00 Mn |
| Jul 25, 2025 | -54.00 Mn |
| Apr 25, 2025 | -81.00 Mn |
| Jan 24, 2025 | -50.00 Mn |
| Oct 25, 2024 | 103.00 Mn |
| Jul 26, 2024 | 29.00 Mn |
| Apr 26, 2024 | 55.00 Mn |
| Jan 26, 2024 | 9.00 Mn |
| Oct 27, 2023 | -9.00 Mn |
| Jul 28, 2023 | -37.00 Mn |
| Apr 28, 2023 | -8.00 Mn |
| Jan 27, 2023 | -69.00 Mn |
| Oct 28, 2022 | 12.00 Mn |
| Jul 29, 2022 | 28.00 Mn |
| Apr 29, 2022 | 37.00 Mn |
| Jan 28, 2022 | 12.00 Mn |
| Oct 29, 2021 | 47.00 Mn |