NetApp (NTAP) Interest Expenses (2009 - 2026)
NetApp (NTAP) posted quarterly Interest Expenses of $35.0 million for Q2 2026, up 66.67% year-over-year from $21.0 million in Q2 2025, and down 87.76% quarter-over-quarter from $286.0 million in Q1 2026.
NetApp (NTAP) Interest Expenses (2009 - 2026) Analysis & Trends
NetApp's Interest Expenses history runs 18 years deep, the most recent figure standing at $35.0 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 66.67% year-over-year to $35.0 million; the TTM figure through Apr 2026 stood at $83.0 million (up 16.9% YoY), while the FY2026 annual figure was $123.0 million, up 92.19% from the prior year.
- Interest Expenses for Q2 2026 stood at $35.0 million, down from $286.0 million in the prior quarter.
- The five-year high for Interest Expenses was $286.0 million in Q1 2026, with the low at $8.0 million in Q2 2023.
- The 5-year median for Interest Expenses is $29.0 million (2022), against an average of $64.6 million.
- The sharpest annual moves came in 2025 and 2026: Interest Expenses slumped 92.21% in 2025, then jumped 2283.33% in 2026.
- NetApp's Interest Expenses stood at $29.0 million in 2022, then jumped by 427.59% to $153.0 million in 2023, then slumped by 90.2% to $15.0 million in 2024, then surged by 153.33% to $38.0 million in 2025, then slipped by 7.89% to $35.0 million in 2026.
- Business Quant data shows NTAP's Interest Expenses at $35.0 million in Q2 2026, $286.0 million in Q1 2026, and $38.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.96 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.44 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 134.29 Mn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn | 28.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 35.00 Mn |
| Apr 24, 2026 | 35.00 Mn |
| Jan 23, 2026 | 286.00 Mn |
| Jan 23, 2026 | 286.00 Mn |
| Oct 24, 2025 | 38.00 Mn |
| Oct 24, 2025 | 38.00 Mn |
| Jul 25, 2025 | 40.00 Mn |
| Jul 25, 2025 | 40.00 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 | 23.00 Mn |
| Jul 26, 2024 | 23.00 Mn |
| Apr 26, 2024 | 107.00 Mn |
| Apr 26, 2024 | 107.00 Mn |
| Jan 26, 2024 | 154.00 Mn |
| Jan 26, 2024 | 154.00 Mn |