NetApp (NTAP) Invested Capital (2009 - 2026)
NetApp (NTAP) recorded quarterly Invested Capital of $1.4 billion in Q2 2026, up 16.67% quarter-over-quarter from $1.2 billion in Q1 2026, and down 24.53% year-on-year from $1.8 billion in Q2 2025.
NetApp (NTAP) Invested Capital (2009 - 2026) Analysis & Trends
NetApp has disclosed Invested Capital across 18 years of filings, most recently posting $1.4 billion for Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 24.53% year-over-year to $1.4 billion; the trailing twelve-month figure through Apr 2026 stood at $1.4 billion (down 24.53% YoY), and the FY2026 full-year result was $1.4 billion, down 24.53% from the prior year.
- Invested Capital was $1.4 billion for Q2 2026 at NetApp, up from $1.2 billion in the prior quarter.
- Over five years, Invested Capital peaked at $3.6 billion in Q4 2022 and troughed at $873.0 million in Q3 2023.
- The 5-year median for Invested Capital is $1.9 billion (2024), against an average of $2.3 billion.
- The sharpest annual moves came in 2022 and 2023: Invested Capital soared 300.57% in 2022, then slumped 73.5% in 2023.
- Year by year, Invested Capital stood at $3.6 billion in 2022, then fell by 11.93% to $3.2 billion in 2023, then tumbled by 48.09% to $1.6 billion in 2024, then tumbled by 39.91% to $986.0 million in 2025, then jumped by 37.02% to $1.4 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $1.4 billion in Q2 2026, $1.2 billion in Q1 2026, and $986.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 423.21 Bn |
| 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 | 38.50 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 2.82 Bn |
| 10 | NetApp | 32.80 Bn | 29.21 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 |