NetApp Inc

For the period ended Jul 26, 2024. Filed Aug 28, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jul 26, 2024 · Filed Aug 28, 2024

NTAP$176.07+4.1%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(In millions, except par value)

	July 26, 2024	April 26, 2024
ASSETS
Current assets:
Cash and cash equivalents	$1,652	$1,903
Short-term investments	1,365	1,349
Accounts receivable	679	1,007
Inventories	214	186
Other current assets	411	452
Total current assets	4,321	4,897
Property and equipment, net	594	604
Goodwill	2,759	2,759
Purchased intangible assets, net	110	124
Other non-current assets	1,527	1,503
Total assets	$9,311	$9,887
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$437	$517
Accrued expenses	793	1,013
Current portion of long-term debt	1,149	400
Short-term deferred revenue and financed unearned services revenue	2,133	2,176
Total current liabilities	4,512	4,106
Long-term debt	1,244	1,992
Other long-term liabilities	590	585
Long-term deferred revenue and financed unearned services revenue	2,036	2,058
Total liabilities	8,382	8,741
Commitments and contingencies (Note 14)
Stockholders' equity:
Common stock and additional paid-in capital, $0.001 par value; 205 and 206 shares issued and outstanding as of July 26, 2024 and April 26, 2024, respectively	988	997
Retained earnings	—	208
Accumulated other comprehensive loss	(59)	(59)
Total stockholders' equity	929	1,146
Total liabilities and stockholders' equity	$9,311	$9,887

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.