NetApp (NTAP) Invested Capital (2010 - 2026)
NetApp (NTAP) posted quarterly Invested Capital of $1.4 billion for Q2 2026, down 24.53% year-over-year from $1.8 billion in Q2 2025, and up 16.67% on a QoQ basis from $1.2 billion in Q1 2026.
NetApp (NTAP) Invested Capital (2010 - 2026) Analysis & Trends
NetApp (NTAP) has reported Invested Capital for 17 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Invested Capital fell 24.53% year-over-year to $1.4 billion; the TTM figure through Apr 2026 stood at $1.4 billion (down 24.53% YoY), while the FY2026 annual figure was $1.4 billion, down 24.53% from the prior year.
- Invested Capital came in at $1.4 billion for Q2 2026 at NetApp, up from $1.2 billion in the prior quarter.
- The five-year high for Invested Capital was $3.6 billion in Q4 2022, with the low at $873.0 million in Q3 2023.
- Average Invested Capital over 5 years is $2.3 billion, with a median of $1.9 billion recorded in 2024.
- Across the five-year window, Invested Capital jumped 300.57% in 2022 and sank 73.5% in 2023, its largest moves.
- Year by year, Invested Capital stood at $3.6 billion in 2022, then declined by 11.93% to $3.2 billion in 2023, then plunged by 48.09% to $1.6 billion in 2024, then plunged by 39.91% to $986.0 million in 2025, then soared by 37.02% to $1.4 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.4 billion, $1.2 billion, and $986.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 43.06 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 8.45 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 9.39 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 989.70 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.82 Bn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 28.97 Bn |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | 1.35 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 1.35 Bn |
| Jan 23, 2026 | 1.16 Bn |
| Oct 24, 2025 | 986.00 Mn |
| Jul 25, 2025 | 975.00 Mn |
| Apr 25, 2025 | 1.79 Bn |
| Jan 24, 2025 | 1.75 Bn |
| Oct 25, 2024 | 1.64 Bn |
| Jul 26, 2024 | 2.08 Bn |
| Apr 26, 2024 | 1.55 Bn |
| Jan 26, 2024 | 3.39 Bn |
| Oct 27, 2023 | 3.16 Bn |
| Jul 28, 2023 | 873.00 Mn |
| Apr 28, 2023 | 3.55 Bn |
| Jan 27, 2023 | 3.49 Bn |
| Oct 28, 2022 | 3.59 Bn |
| Jul 29, 2022 | 3.29 Bn |
| Apr 29, 2022 | 3.47 Bn |
| Jan 28, 2022 | 3.52 Bn |
| Oct 29, 2021 | 1.51 Bn |
| Jul 30, 2021 | 970.00 Mn |