NetApp (NTAP) Interest Expenses (2009 - 2026)
NetApp (NTAP) posted Interest Expenses of $28.0 million for Q2 2026, up 7.69% on a QoQ basis from $26.0 million in Q1 2026, and up 33.33% year-over-year from $21.0 million in Q2 2025.
Analysis
NetApp (NTAP) Interest Expenses (2009 - 2026) Analysis & Trends
NetApp has reported Interest Expenses for 18 years, with the latest figure at $28.0 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 33.33% year-over-year to $28.0 million in Q2 2026; TTM through Apr 2026 was $109.0 million, a 70.31% increase from a year earlier, with the FY2026 full-year figure at $109.0 million, up 70.31% from the prior year.
- Interest Expenses was $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.
- Over 5 years, Interest Expenses stood at $17.0 million in 2022, then sank by 188.24% to -$15.0 million in 2023, then jumped by 200.0% to $15.0 million in 2024, then surged by 73.33% to $26.0 million in 2025, then advanced by 7.69% to $28.0 million in 2026.
- The last three Interest Expenses figures came in at $28.0 million (Q2 2026), $26.0 million (Q1 2026), and $26.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 347.39 Bn | 335.81 Bn | 7.78 Bn | - |
| 2 | Sandisk | 260.27 Bn | 255.51 Bn | 7.58 Bn | 2.00 Mn |
| 3 | Arista Networks | 247.09 Bn | 233.75 Bn | 1.91 Bn | - |
| 4 | Seagate Technology Holdings | 200.90 Bn | 199.20 Bn | 1.90 Bn | 64.00 Mn |
| 5 | Western Digital | 168.02 Bn | 166.44 Bn | 2.03 Bn | 14.00 Mn |
| 6 | Hewlett Packard Enterprise | 74.63 Bn | 68.41 Bn | 4.93 Bn | - |
| 7 | NetApp | 37.06 Bn | 33.48 Bn | 1.42 Bn | - |
| 8 | Everpure | 33.74 Bn | 32.73 Bn | 811.39 Mn | - |
| 9 | Super Micro Computer | 24.53 Bn | 17.01 Bn | 1.94 Bn | 79.80 Mn |
| 10 | Penguin Solutions | 2.65 Bn | 2.21 Bn | 133.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 24, 2026 | 28.00 Mn |
| Jan 23, 2026 | 26.00 Mn |
| Oct 24, 2025 | 26.00 Mn |
| Jul 25, 2025 | 29.00 Mn |
| Apr 25, 2025 | 21.00 Mn |
| Jan 24, 2025 | 12.00 Mn |
| Oct 25, 2024 | 15.00 Mn |
| Jul 26, 2024 | 16.00 Mn |
| Apr 26, 2024 | 112.00 Mn |
| Jan 26, 2024 | -17.00 Mn |
| Oct 27, 2023 | -15.00 Mn |
| Jul 28, 2023 | -16.00 Mn |
| Apr 28, 2023 | 16.00 Mn |
| Jan 27, 2023 | 16.00 Mn |
| Oct 28, 2022 | 17.00 Mn |
| Jul 29, 2022 | 18.00 Mn |
| Apr 29, 2022 | 18.00 Mn |
| Jan 28, 2022 | 19.00 Mn |
| Oct 29, 2021 | 18.00 Mn |
| Jul 30, 2021 | 18.00 Mn |