NetApp, Inc. (NTAP)

NetApp Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 25, 2025	Apr 25, 2025	Apr 26, 2024	Apr 28, 2023	Apr 29, 2022	Apr 30, 2021
Net Income	1,171	1,186	986	1,274	937	730
Depreciation & Amortization	208	215	221	206	161	166
Other Amortization	23	28	34	42	33	41
Loss (Gain) From Sale of Assets	-	-	-	-	-	-156
Stock-Based Compensation	384	386	357	312	245	197
Other Operating Activities	33	-59	85	-621	-143	70
Change in Accounts Receivable	-88	-219	-33	260	-313	62
Change in Inventory	82	-1	-18	37	-90	31
Change in Accounts Payable	-38	-8	123	-207	181	-11
Change in Unearned Revenue	252	208	-14	46	384	193
Change in Income Taxes	-209	-207	-106	-76	-45	-57
Change in Other Net Operating Assets	20	-23	50	-166	-139	67
Operating Cash Flow	1,838	1,506	1,685	1,107	1,211	1,333
Operating Cash Flow Growth	16.85%	-10.62%	52.21%	-8.59%	-9.15%	25.75%
Capital Expenditures	-180	-168	-155	-239	-226	-162
Sale of Property, Plant & Equipment	-	-	-	-	-	371
Cash Acquisitions	-	-	-	-491	-380	-350
Investment in Securities	112	245	-580	-719	45	160
Other Investing Activities	85	70	-	59	-	2
Investing Cash Flow	17	147	-735	-1,390	-561	21
Long-Term Debt Issued	-	1,240	-	-	-	2,057
Total Debt Issued	1,240	1,240	-	-	-	2,057
Short-Term Debt Repaid	-	-	-	-	-	-420
Long-Term Debt Repaid	-	-400	-	-250	-	-689
Total Debt Repaid	-1,150	-400	-	-250	-	-1,109
Net Debt Issued (Repaid)	90	840	-	-250	-	948
Issuance of Common Stock	107	108	100	108	105	98
Repurchase of Common Stock	-1,209	-1,349	-1,027	-934	-674	-167
Common Dividends Paid	-421	-424	-416	-432	-446	-427
Other Financing Activities	-4	-3	-1	-5	-2	-8
Financing Cash Flow	-1,437	-828	-1,344	-1,513	-1,017	444
Foreign Exchange Rate Adjustments	14	15	-19	-1	-49	71
Net Cash Flow	432	840	-413	-1,797	-416	1,869
Free Cash Flow	1,658	1,338	1,530	868	985	1,171
Free Cash Flow Growth	17.42%	-12.55%	76.27%	-11.88%	-15.88%	25.11%
Free Cash Flow Margin	25.16%	20.36%	24.41%	13.64%	15.59%	20.39%
Free Cash Flow Per Share	8.02	6.40	7.18	3.94	4.30	5.18
Cash Interest Paid	53	53	59	65	67	57
Cash Income Tax Paid	402	412	357	386	398	338
Levered Free Cash Flow	1,428	1,159	1,420	969.5	764.25	1,128
Unlevered Free Cash Flow	1,477	1,199	1,460	1,011	809.88	1,174
Change in Working Capital	19	-250	2	-106	-22	285

Updated Aug 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q