NTAP (NetApp) Long-Term Debt: $2,487 Mil (As of Apr. 2026)


NTAP NetApp Inc NTAP
87 GF Score
Price $168.87
GF Value $119.54
Valuation Significantly Overvalued
! 7 Warning Signs
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What is NetApp Long-Term Debt?

NetApp NTAP -1.67% 87 Long-Term Debt is $2,487 Mil as of Apr. 2026. GuruFocus rates NTAP with a GF Score™ of 87/100 and a GF Value™ of $119.54 (Significantly Overvalued). The stock has 7 warning signs investors should review.

NetApp's Long-Term Debt for the quarter that ended in Apr. 2026 was $2,487 Mil.

NetApp's quarterly Long-Term Debt stayed the same from Oct. 2025 ($2,486 Mil) to Jan. 2026 ($2,486 Mil) but then increased from Jan. 2026 ($2,486 Mil) to Apr. 2026 ($2,487 Mil).

NetApp's annual Long-Term Debt increased from Apr. 2024 ($1,992 Mil) to Apr. 2025 ($2,485 Mil) and increased from Apr. 2025 ($2,485 Mil) to Apr. 2026 ($2,487 Mil).

NetApp  (NAS:NTAP) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

NetApp Long-Term Debt Related Terms

NetApp Long-Term Debt Historical Data

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The historical data trend for NetApp's Long-Term Debt 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 Long-Term Debt Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,386.00 2,389.00 1,992.00 2,485.00 2,487.00

NetApp Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Long-Term Debt 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 2,485.00 2,485.00 2,486.00 2,486.00 2,487.00
NTAP
87GF Score
NetApp Inc NTAP
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $2,487 Mil mean?
NetApp (NTAP) has a Long-Term Debt of $2,487 Mil as of Apr. 2026.
Is NetApp's Long-Term Debt too high?
NetApp's current Long-Term Debt is $2,487 Mil. Overall, NetApp has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Long-Term Debt compare to TWLO and MDB?
NetApp's Long-Term Debt of $2,487 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 Long-Term Debt for a Software company?
A good Long-Term Debt depends on the Software industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. NetApp's current Long-Term Debt is $2,487 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 $119.54, compared to a current price of $168.87 — trading 41.3% above its estimated fair value. The current Long-Term Debt is $2,487 Mil. NetApp's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For NetApp (NTAP), the current Long-Term Debt is $2,487 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 41.3% above its estimated GF Value™ of $119.54. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for NTAP:

  • Long-Term Debt: $2,487 Mil
  • GF Value™: $119.54 vs. price of $168.87 (41.3% above fair value)
  • GF Score™: 87/100 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.
87GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$168.87
Price
$119.54
GF Value