NetApp’s total current Assets stood at $5,672,000,000 ($5.672 billion) on July 31, 2026, down from $5,776,000,000 ($5.776 billion) on April 24, 2026. The Balance Sheet also showed $1,573,000,000 ($1.573 billion) in cash and $2,003,000,000 ($2.003 billion) in short-term investments, while future results may differ from this period.

Key Highlights

  • NetApp reported $5,672,000,000 ($5.672 billion) in total current assets on July 31, 2026.
  • Cash and cash equivalents were $1,573,000,000 ($1.573 billion), alongside $2,003,000,000 ($2.003 billion) in short-term investments.
  • Total liabilities reached $9,460,000,000 ($9.46 billion), including $550,000,000 ($550 million) of current long-term debt.

NetApp, Inc. (NASDAQ: NTAP) ended the three months ended July 31, 2026, with total assets of $10,955,000,000 ($10.955 billion), compared with $10,744,000,000 ($10.744 billion) on April 24, 2026. Total stockholders’ Equity was $1,495,000,000 ($1.495 billion), up from $1,351,000,000 ($1.351 billion).

Current Assets Reach $5.672B

Total current assets were $5,672,000,000 ($5.672 billion) on July 31, 2026, compared with $5,776,000,000 ($5.776 billion) on April 24, 2026. Cash and cash equivalents stood at $1,573,000,000 ($1.573 billion), while short-term investments were $2,003,000,000 ($2.003 billion). Accounts Receivable totaled $966,000,000 ($966 million), against $1,286,000,000 ($1.286 billion) on April 24, 2026. Inventories were $375,000,000 ($375 million), compared with $198,000,000 ($198 million), while other current assets reached $755,000,000 ($755 million), up from $708,000,000 ($708 million). Property and equipment, net, was $663,000,000 ($663 million), compared with $592,000,000 ($592 million). Goodwill increased to $2,916,000,000 ($2.916 billion) from $2,772,000,000 ($2.772 billion), and purchased intangible assets, net, rose to $38,000,000 ($38 million) from $22,000,000 ($22 million).

Liabilities And Equity

Total current liabilities were $4,568,000,000 ($4.568 billion), compared with $4,021,000,000 ($4.021 billion) on April 24, 2026. Accounts Payable were $566,000,000 ($566 million), up from $550,000,000 ($550 million), while accrued expenses reached $1,200,000,000 ($1.2 billion), compared with $1,151,000,000 ($1.151 billion). The current portion of long-term Debt was $550,000,000 ($550 million), compared with zero on April 24, 2026. Short-term deferred Revenue was $2,252,000,000 ($2.252 billion), down from $2,320,000,000 ($2.32 billion). Long-term debt stood at $1,938,000,000 ($1.938 billion), compared with $2,487,000,000 ($2.487 billion). Long-term deferred revenue was $2,594,000,000 ($2.594 billion), up from $2,525,000,000 ($2.525 billion), while other long-term liabilities remained $360,000,000 ($360 million). Common stock and additional paid-in Capital reached $1,281,000,000 ($1.281 billion), compared with $1,209,000,000 ($1.209 billion).

Goodwill And Intangibles

Goodwill in the Hybrid Cloud segment was $1,839,000,000 ($1.839 billion) on July 31, 2026, compared with $1,714,000,000 ($1.714 billion) on April 24, 2026. Public Cloud goodwill was $1,077,000,000 ($1.077 billion), compared with $1,058,000,000 ($1.058 billion). Goodwill additions were $151,000,000 ($151 million), comprising $125,000,000 ($125 million) for Hybrid Cloud and $26,000,000 ($26 million) for Public Cloud. Foreign-currency translation reduced Public Cloud goodwill by $7,000,000 ($7 million). Net developed technology assets were $30,000,000 ($30 million), compared with $11,000,000 ($11 million).

DataPelago Impact Was Not Material

The results of operations connected with the DataPelago Acquisition were included from the acquisition date. The acquisition’s impact on consolidated results of operations was not material, and pro forma results were not presented. It also stated that actual results could differ materially from the estimates used in preparing the financial statements.