NetApp (NTAP) Invested Capital (2010 - 2026)
NetApp's Invested Capital was $3.98 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 15.1% from $3.46 billion a year earlier and up 3.8% from the prior quarter.
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Analysis
NetApp (NTAP) Invested Capital (2010 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Invested Capital at NetApp came in at $3.84 billion, down 10.2% from FY2025.
- Invested Capital shows a five-year compound annual growth rate of 3.0% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $4.28 billion in FY2025 (+20.8%), $3.54 billion in FY2024 (-0.3%), $3.55 billion in FY2023 (+2.1%) and $3.47 billion in FY2022 (+4.7%).
- The fiscal Q1 2027 figure marks the highest quarterly Invested Capital since fiscal Q4 2025.
- Compared with a year earlier, Invested Capital was higher in five of the last eight quarters, with growth averaging 6.5%.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q3 2026 (growth of 21.9%); the worst was fiscal Q2 2024 (a decline of 11.9%).
- Per Business Quant data, NTAP's Invested Capital in the three fiscal quarters before Q1 2027 was $3.84 billion (Q4 2026), $3.64 billion (Q3 2026) and $3.47 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | - |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 46.82 Bn |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 3.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.98 Bn |
| Apr 24, 2026 | 3.84 Bn |
| Jan 23, 2026 | 3.64 Bn |
| Oct 24, 2025 | 3.47 Bn |
| Jul 25, 2025 | 3.46 Bn |
| Apr 25, 2025 | 4.28 Bn |
| Jan 24, 2025 | 2.99 Bn |
| Oct 25, 2024 | 2.89 Bn |
| Jul 26, 2024 | 3.32 Bn |
| Apr 26, 2024 | 3.54 Bn |
| Jan 26, 2024 | 3.39 Bn |
| Oct 27, 2023 | 3.16 Bn |
| Jul 28, 2023 | 3.26 Bn |
| 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 | 3.39 Bn |
API Access
NetApp Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NTAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();