NTAP (NetApp) NonCurrent Deferred Revenue: $2,594 Mil (As of Jul. 2026)

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NTAP NetApp Inc NTAP
88 GF Score
Price $185.38
GF Value $131.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is NetApp NonCurrent Deferred Revenue?

NetApp NTAP +2.55% 88 NonCurrent Deferred Revenue is $2,594 Mil as of Jul. 2026. GuruFocus rates NTAP with a GF Score™ of 88/100 and a GF Value™ of $131.99 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Non-Current Deferred Revenue represents the non-current portion of deferred revenue amount as of the balance sheet date. Deferred revenue is a liability related to revenue producing activity for which revenue has not yet been recognized and is not expected be recognized in the next twelve months.

NetApp's non-current deferred revenue for the quarter that ended in Jul. 2026 was $2,594 Mil.

NetApp NonCurrent Deferred Revenue Related Terms

NetApp NonCurrent Deferred Revenue Historical Data

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The historical data trend for NetApp's NonCurrent Deferred Revenue 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 NonCurrent Deferred Revenue Chart

NetApp Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
NonCurrent Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,061.00 2,095.00 2,058.00 2,257.00 2,525.00

NetApp Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
NonCurrent Deferred Revenue 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 2,256.00 2,301.00 2,358.00 2,525.00 2,594.00
NTAP
88GF Score
NetApp Inc NTAP
NonCurrent Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a NonCurrent Deferred Revenue of $2,594 Mil mean?
NetApp (NTAP) has a NonCurrent Deferred Revenue of $2,594 Mil as of Jul. 2026. Deferred revenue is a liability related to revenue producing activity for which revenue has not yet been recognized and is not expected be recognized in the next twelve months. View historical data on NetApp and its competitors.
Is NetApp's NonCurrent Deferred Revenue too high?
NetApp's current NonCurrent Deferred Revenue is $2,594 Mil. Overall, NetApp has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's NonCurrent Deferred Revenue compare to TWLO and MDB?
NetApp's NonCurrent Deferred Revenue of $2,594 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 NonCurrent Deferred Revenue for a Software company?
A good NonCurrent Deferred Revenue depends on the Software industry context. However, NonCurrent Deferred Revenue 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 NonCurrent Deferred Revenue mean?
A high NonCurrent Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Deferred revenue is a liability related to revenue producing activity for which revenue has not yet been recognized and is not expected be recognized in the next twelve months. View historical data on NetApp and its competitors. NetApp's current NonCurrent Deferred Revenue is $2,594 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 $131.99, compared to a current price of $185.38 — trading 40.5% above its estimated fair value. The current NonCurrent Deferred Revenue is $2,594 Mil. NetApp's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is NonCurrent Deferred Revenue calculated?
NonCurrent Deferred Revenue is calculated from a company's financial statements. For NetApp (NTAP), the current NonCurrent Deferred Revenue is $2,594 Mil as of Jul. 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 $185.38 is trading 40.5% above its estimated GF Value™ of $131.99. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for NTAP:

  • NonCurrent Deferred Revenue: $2,594 Mil
  • GF Value™: $131.99 vs. price of $185.38 (40.5% above fair value)
  • GF Score™: 88/100 with 2 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.
88GF Score

Get the complete analysis for NTAP

NonCurrent Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$185.38
Price
$131.99
GF Value