NetApp (NTAP) Interest Coverage Ratio (2009 - 2026)
NetApp (NTAP) recorded quarterly Interest Coverage Ratio of 28.43 in Q2 2026, down 270.31% quarter-over-quarter from 16.69 in Q1 2026, and up 14.59% year-on-year from 24.81 in Q2 2025.
NetApp (NTAP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
NetApp has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 28.43 for Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 14.59% year-over-year to 28.43; the trailing twelve-month figure through Apr 2026 stood at 3.17 (down 29.95% YoY), and the FY2026 full-year result was 3.17, down 29.95% from the prior year.
- Interest Coverage Ratio was 28.43 for Q2 2026 at NetApp, down from 16.69 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 30.17 in Q1 2025 and troughed at 35.22 in Q2 2022.
- The 5-year median for Interest Coverage Ratio is 10.7 (2023), against an average of 0.28.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio jumped 258.43% in 2024, then slumped 1118.58% in 2025.
- Year by year, Interest Coverage Ratio stood at 16.59 in 2022, then plunged by 222.17% to 20.27 in 2023, then surged by 213.49% to 23.0 in 2024, then sank by 33.28% to 15.35 in 2025, then slumped by 285.25% to 28.43 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 28.43 in Q2 2026, 16.69 in Q1 2026, and 15.35 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 49.35 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 4.63 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 1.83 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 138.10 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.25 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -24.19 |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | -28.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -28.43 |
| Jan 23, 2026 | 16.69 |
| Oct 24, 2025 | 15.35 |
| Jul 25, 2025 | 10.66 |
| Apr 25, 2025 | -33.29 |
| Jan 24, 2025 | 30.17 |
| Oct 25, 2024 | 23.00 |
| Jul 26, 2024 | 17.63 |
| Apr 26, 2024 | 3.27 |
| Jan 26, 2024 | -21.53 |
| Oct 27, 2023 | -20.27 |
| Jul 28, 2023 | -11.13 |
| Apr 28, 2023 | -30.31 |
| Jan 27, 2023 | 10.75 |
| Oct 28, 2022 | 16.59 |
| Jul 29, 2022 | 14.17 |
| Apr 29, 2022 | -35.22 |
| Jan 28, 2022 | 16.89 |
| Oct 29, 2021 | 16.33 |
| Jul 30, 2021 | 13.83 |