NetApp (NTAP) Interest Expenses (2009 - 2026)

NetApp (NTAP) posted quarterly Interest Expenses of $28.0 million for Q2 2026, up 33.33% year-over-year from $21.0 million in Q2 2025, and up 7.69% on a QoQ basis from $26.0 million in Q1 2026.

NetApp (NTAP) Interest Expenses (2009 - 2026) Analysis & Trends

NetApp (NTAP) has reported Interest Expenses for 18 consecutive years, with $28.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Interest Expenses rose 33.33% year-over-year to $28.0 million; the TTM figure through Apr 2026 stood at $109.0 million (up 70.31% YoY), while the FY2026 annual figure was $109.0 million, up 70.31% from the prior year.
  • Interest Expenses came in at $28.0 million for Q2 2026 at NetApp, up from $26.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $112.0 million in Q2 2024, with the low at -$17.0 million in Q1 2024.
  • Average Interest Expenses over 5 years is $18.9 million, with a median of $17.5 million recorded in 2022.
  • The largest YoY upside for Interest Expenses was 600.0% in 2024 against a maximum downside of 206.25% in 2024.
  • Year by year, Interest Expenses stood at $17.0 million in 2022, then tumbled by 188.24% to -$15.0 million in 2023, then soared by 200.0% to $15.0 million in 2024, then jumped by 73.33% to $26.0 million in 2025, then grew by 7.69% to $28.0 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $28.0 million, $26.0 million, and $26.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 778.00 Mn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.44 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 7.55 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 4.20 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 2.56 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 162.72 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 NetApp 31.12 Bn 27.54 Bn 1.37 Bn 28.00 Mn

Historic Data

Download Data
DateValue
Apr 24, 2026 28.00 Mn
Apr 24, 2026 28.00 Mn
Jan 23, 2026 26.00 Mn
Jan 23, 2026 26.00 Mn
Oct 24, 2025 26.00 Mn
Oct 24, 2025 26.00 Mn
Jul 25, 2025 29.00 Mn
Jul 25, 2025 29.00 Mn
Apr 25, 2025 21.00 Mn
Apr 25, 2025 21.00 Mn
Jan 24, 2025 12.00 Mn
Jan 24, 2025 12.00 Mn
Oct 25, 2024 15.00 Mn
Oct 25, 2024 15.00 Mn
Jul 26, 2024 16.00 Mn
Jul 26, 2024 16.00 Mn
Apr 26, 2024 112.00 Mn
Apr 26, 2024 112.00 Mn
Jan 26, 2024 -17.00 Mn
Jan 26, 2024 -17.00 Mn