NTAP (NetApp) Beginning Cash Position: $1,635 Mil (As of Apr. 2026)


NTAP NetApp Inc NTAP
91 GF Score
Price $168.87
GF Value $119.57
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is NetApp Beginning Cash Position?

NetApp NTAP -1.67% 91 Beginning Cash Position is $1,635 Mil as of Apr. 2026. GuruFocus rates NTAP with a GF Score™ of 91/100 and a GF Value™ of $119.57 (Significantly Overvalued). The stock has 7 warning signs investors should review.

NetApp's Beginning Cash Position for the quarter that ended in Apr. 2026 was $1,635 Mil.

NetApp's quarterly Beginning Cash Position declined from Oct. 2025 ($2,091 Mil) to Jan. 2026 ($2,079 Mil) and declined from Jan. 2026 ($2,079 Mil) to Apr. 2026 ($1,635 Mil).

NetApp's annual Beginning Cash Position declined from Apr. 2024 ($2,322 Mil) to Apr. 2025 ($1,909 Mil) but then increased from Apr. 2025 ($1,909 Mil) to Apr. 2026 ($2,749 Mil).

NetApp Beginning Cash Position Related Terms

NetApp Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for NetApp's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetApp Beginning Cash Position Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,535.00 4,119.00 2,322.00 1,909.00 2,749.00

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,518.00 2,749.00 2,091.00 2,079.00 1,635.00
NTAP
91GF Score
NetApp Inc NTAP
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NetApp Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $1,635 Mil mean?
NetApp (NTAP) has a Beginning Cash Position of $1,635 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NetApp and its competitors.
Is NetApp's Beginning Cash Position too high?
NetApp's current Beginning Cash Position is $1,635 Mil. Overall, NetApp has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Beginning Cash Position compare to TWLO and MDB?
NetApp's Beginning Cash Position of $1,635 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NetApp and its competitors. NetApp's current Beginning Cash Position is $1,635 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (NTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is $119.57, compared to a current price of $168.87 — trading 41.2% above its estimated fair value. The current Beginning Cash Position is $1,635 Mil. NetApp's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For NetApp (NTAP), the current Beginning Cash Position is $1,635 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetApp (NTAP) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of $168.87 is trading 41.2% above its estimated GF Value™ of $119.57. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for NTAP:

  • Beginning Cash Position: $1,635 Mil
  • GF Value™: $119.57 vs. price of $168.87 (41.2% above fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the NTAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NetApp Business Description

Address 3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
91GF Score

Get the complete analysis for NTAP

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$168.87
Price
$119.57
GF Value