NetApp (NTAP) Change in Inventory (2009 - 2026)
NetApp's Change in Inventory was $176 million in fiscal Q1 2027 (quarter ended Jul 31, 2026), compared with -$54 million a year earlier and up 97.8% from the prior quarter.
NetApp (NTAP) Change in Inventory (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, NetApp's Change in Inventory was $242 million through Jul 31, 2026; for FY2026 (ended Apr 24, 2026), it was $12 million.
- In earlier fiscal years, Change in Inventory was $1 million in FY2025 (-94.4%), $18 million in FY2024, -$37 million in FY2023 and $90 million in FY2022.
- The fiscal Q1 2027 figure marks the highest quarterly Change in Inventory in data going back to fiscal Q1 2010.
- Per Business Quant data, NTAP's Change in Inventory in the three fiscal quarters before Q1 2027 was $89 million (Q4 2026), -$17 million (Q3 2026) and -$6 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,020.54 Bn | 4,766.00 Bn | 54.82 Bn | 3.44 Bn |
| 2 | Cisco Systems | 371.11 Bn | 307.04 Bn | 11.06 Bn | 992.00 Mn |
| 3 | Arista Networks | 215.34 Bn | 164.54 Bn | 2.33 Bn | 674.60 Mn |
| 4 | Dell Technologies | 212.13 Bn | 167.88 Bn | 9.83 Bn | 6.23 Bn |
| 5 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | -699.97 Mn |
| 6 | Sandisk | 122.92 Bn | 107.75 Bn | 9.38 Bn | 318.00 Mn |
| 7 | Seagate Technology Holdings | 105.29 Bn | 100.14 Bn | 2.43 Bn | 129.00 Mn |
| 8 | Western Digital | 96.46 Bn | 86.29 Bn | 2.53 Bn | 269.00 Mn |
| 9 | Hewlett Packard Enterprise | 59.75 Bn | 37.63 Bn | 4.93 Bn | 2.89 Bn |
| 10 | NetApp | 33.13 Bn | 15.95 Bn | 1.42 Bn | 176.00 Mn |
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 |
NetApp Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NTAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();