Pricing Log in Create free account
Saturday 17 October 2026 Export NTAP’s income statement to Excel — free account

NetApp, Inc.

NTAP Technology Software Infrastructure

In the quarter to July 2026, revenue grew 29.9%, EPS grew 64.7%, free cash flow fell 35.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

203.80 10.90 −5.08%
Market cap
$42.2B
P/E
28.4×
Fwd P/E
23.4×
Dividend yield
1.02%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

NetApp, Inc. (NTAP) Current ratio

Alert me on Current ratio

NetApp, Inc.'s current ratio at the end of the quarter to 31 July 2026 was 1.2×, down 0.2× from fiscal 2026 (1.4×). Over the past ten years it has ranged from 1.2× (fiscal 2020) to 2.5× (fiscal 2015); the current reading is higher than 42% of that period. That is below the Software Infrastructure industry median of 1.6× and below the Technology sector median of 1.8×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2026 1.4× 14.46%
FY2025 1.3× 5.23%
FY2024 1.2× (11.65%)
FY2023 1.3× (10.24%)
FY2022 1.5× (13.49%)
FY2021 1.7× 47.07%
FY2020 1.2× (18.52%)
FY2019 1.5× (26.32%)
FY2018 2.0× 30.94%
FY2017 1.5× (14.61%)

Quarterly newest first

Period Current ratio Change
Jul 2026 1.2× (13.56%)
Apr 2026 1.4× 3.34%
Jan 2026 1.4× 3.65%
Oct 2025 1.3× 2.12%
43 more quarters

Against its own ten years

Low 1.2× High 2.5×
Ten-year median 1.5×
Current reading's percentile 42

Current ratio against peers

Company Current ratio
MDB MongoDB, Inc. compare 4.9×
TWLO Twilio Inc. compare 4.6×
NBIS Nebius Group N.V. compare 4.0×
XYZ Block, Inc. compare 2.2×
ZS Zscaler, Inc. compare 1.7×
OKTA Okta, Inc. compare 1.5×
NTAP NetApp, Inc. 1.2×
VRSN VeriSign, Inc. compare 0.6×
CRWV CoreWeave Inc. compare 0.5×
Software Infrastructure industry median 1.6×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on NTAP