NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
185.29
-1.73 (-0.93%)
Aug 31, 2026, 4:00 PM EDT - Market closed
NetApp Cash Flow Statement
Financials in millions USD. Fiscal year is May - April.
Millions USD. Fiscal year is May - Apr.
Operating Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Net Income | 404 | 334 | 305 | 233 | 340 | 299 | 299 | 248 | 291 | 313 | 233 | 149 | 245 | 65 | 750 | 214 | 259 | 252 | 224 | 202 |
Depreciation & Amortization | 46 | 46 | 49 | 48 | 50 | 56 | 54 | 55 | 56 | 54 | 56 | 55 | 55 | 55 | 48 | 48 | 41 | 42 | 39 | 39 |
Other Amortization | 3 | 2 | 3 | 3 | 3 | 8 | 9 | 8 | 8 | 9 | 8 | 9 | 11 | 10 | 11 | 10 | 10 | 9 | 7 | 7 |
Stock-Based Compensation | 100 | 97 | 102 | 83 | 95 | 103 | 103 | 85 | 88 | 89 | 93 | 87 | 74 | 93 | 78 | 67 | 66 | 64 | 62 | 53 |
Other Operating Activities | 94 | 23 | 49 | 66 | 45 | -91 | 13 | -26 | 49 | 53 | -20 | 3 | -15 | 64 | -603 | -67 | -82 | -45 | -18 | 2 |
Change in Accounts Receivable | 27 | -324 | -205 | 466 | -323 | -34 | -197 | 335 | -228 | 10 | -147 | 332 | -165 | 112 | -51 | 364 | -450 | -155 | 5 | 287 |
Change in Inventory | -89 | 17 | 6 | 54 | 81 | 50 | -103 | -29 | -55 | -9 | 9 | 37 | 8 | 69 | -12 | -28 | -37 | -12 | -47 | 6 |
Change in Accounts Payable | 129 | -25 | 34 | -107 | 69 | -113 | 113 | -77 | 120 | -11 | 70 | -56 | -34 | -145 | 62 | -90 | 171 | -1 | 62 | -51 |
Change in Unearned Revenue | 215 | 173 | -59 | -48 | 300 | 72 | -72 | -92 | 146 | 81 | -108 | -133 | 93 | 46 | -61 | -32 | 338 | 143 | -15 | -82 |
Change in Income Taxes | -10 | - | 1 | 2 | -123 | 7 | -95 | 4 | 1 | 3 | -111 | 1 | 6 | 2 | -85 | 1 | 21 | -1 | -57 | -8 |
Change in Other Net Operating Assets | 31 | -26 | -158 | -127 | 138 | 28 | -19 | -170 | 137 | -108 | 52 | -31 | -43 | 6 | 77 | -206 | 74 | -36 | 36 | -213 |
Operating Cash Flow | 950 | 317 | 127 | 673 | 675 | 385 | 105 | 341 | 613 | 484 | 135 | 453 | 235 | 377 | 214 | 281 | 411 | 260 | 298 | 242 |
Operating Cash Flow Growth (YoY) | 40.74% | -17.66% | 20.95% | 97.36% | 10.11% | -20.46% | -22.22% | -24.72% | 160.85% | 28.38% | -36.92% | 61.21% | -42.82% | 45.00% | -28.19% | 16.12% | -26.48% | -30.29% | 85.09% | 0.83% |
Investing Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Capital Expenditures | -50 | -46 | -49 | -53 | -35 | -47 | -45 | -41 | -46 | -36 | -38 | -35 | -39 | -58 | -77 | -65 | -68 | -61 | -46 | -51 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -491 | -21 | -345 | - | -14 |
Investment in Securities | -130 | -437 | 298 | -143 | -345 | -7 | 607 | -10 | -251 | -401 | 264 | -192 | -245 | -132 | -211 | -131 | 9 | 10 | 15 | 11 |
Other Investing Activities | - | - | - | 15 | 67 | 1 | 2 | - | - | - | 1 | -1 | -1 | 1 | - | 59 | - | - | - | - |
Investing Cash Flow | -180 | -483 | 249 | -181 | -313 | -53 | 564 | -51 | -297 | -437 | 227 | -228 | -285 | -189 | -288 | -628 | -80 | -396 | -31 | -54 |
Financing Activities
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Total Debt Issued | - | - | - | - | 1,240 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | - | - | - | -750 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Debt Repaid | - | - | - | -750 | - | - | -400 | - | - | - | - | - | - | - | -250 | - | - | - | - | - |
Net Debt Issued (Repaid) | - | - | - | -750 | 1,240 | - | -400 | - | - | - | - | - | - | - | -250 | - | - | - | - | - |
Issuance of Common Stock | - | 49 | - | 54 | - | 53 | - | 55 | - | 48 | - | 52 | - | 54 | - | 54 | - | 52 | - | 53 |
Repurchase of Common Stock | -225 | -225 | -280 | -357 | -281 | -236 | -335 | -497 | -119 | -123 | -320 | -465 | -160 | -211 | -161 | -402 | -255 | -131 | -131 | -157 |
Common Dividends Paid | -103 | -103 | -103 | -104 | -105 | -106 | -106 | -107 | -104 | -103 | -103 | -106 | -106 | -108 | -108 | -110 | -111 | -111 | -112 | -112 |
Other Financing Activities | - | - | - | - | -3 | - | -1 | 1 | -1 | - | 2 | -2 | -3 | - | -1 | -1 | - | - | - | -2 |
Financing Cash Flow | -328 | -279 | -383 | -1,157 | 851 | -289 | -842 | -548 | -224 | -178 | -421 | -521 | -269 | -265 | -520 | -459 | -366 | -190 | -243 | -218 |
Net Cash Flow
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Foreign Exchange Rate Adjustments | -2 | 1 | -5 | 7 | 18 | -12 | 1 | 8 | -9 | 16 | -26 | - | -5 | 47 | -25 | -18 | -23 | -13 | -8 | -5 |
Net Cash Flow | 440 | -444 | -12 | -658 | 1,231 | 31 | -172 | -250 | 83 | -115 | -85 | -296 | -324 | -30 | -619 | -824 | -58 | -339 | 16 | -35 |
Free Cash Flow
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Free Cash Flow | 900 | 271 | 78 | 620 | 640 | 338 | 60 | 300 | 567 | 448 | 97 | 418 | 196 | 319 | 137 | 216 | 343 | 199 | 252 | 191 |
Free Cash Flow Growth (YoY) | 40.63% | -19.82% | 30.00% | 106.67% | 12.88% | -24.55% | -38.14% | -28.23% | 189.29% | 40.44% | -29.20% | 93.52% | -42.86% | 60.30% | -45.63% | 13.09% | -34.16% | -41.64% | 108.26% | 1.60% |
Free Cash Flow Margin | 46.20% | 15.82% | 4.58% | 39.77% | 36.95% | 20.60% | 3.62% | 19.47% | 33.99% | 27.89% | 6.21% | 29.19% | 12.40% | 20.90% | 8.24% | 13.57% | 20.42% | 12.33% | 16.09% | 13.10% |
Free Cash Flow Per Share | 4.52 | 1.35 | 0.39 | 3.05 | 3.11 | 1.63 | 0.29 | 1.42 | 2.67 | 2.12 | 0.46 | 1.94 | 0.90 | 1.46 | 0.62 | 0.96 | 1.50 | 0.87 | 1.10 | 0.83 |
Levered Free Cash Flow | 628.38 | 130.13 | -24.5 | 554.25 | 449.13 | 292.63 | 125.38 | 284.5 | 431.38 | 340.13 | 170.63 | 477.38 | 157.88 | 420.75 | 221.63 | 169.25 | 128.5 | 162.5 | 299.5 | 173.75 |
Unlevered Free Cash Flow | 645.88 | 146.38 | -8.25 | 572.38 | 462.25 | 300.13 | 134.75 | 294.5 | 441.38 | 350.75 | 180 | 487.38 | 167.88 | 430.75 | 232.25 | 180.5 | 139.75 | 174.38 | 310.75 | 185 |
Additional Metrics
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 24, 2026 | Jan '26 Jan 23, 2026 | Oct '25 Oct 24, 2025 | Jul '25 Jul 25, 2025 | Apr '25 Apr 25, 2025 | Jan '25 Jan 24, 2025 | Oct '24 Oct 25, 2024 | Jul '24 Jul 26, 2024 | Apr '24 Apr 26, 2024 | Jan '24 Jan 26, 2024 | Oct '23 Oct 27, 2023 | Jul '23 Jul 28, 2023 | Apr '23 Apr 28, 2023 | Jan '23 Jan 27, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
Cash Interest Paid | 35 | 16 | 35 | 23 | - | 23 | 7 | 23 | 6 | 23 | 7 | 23 | 6 | 23 | 9 | 27 | 6 | 61 | - | 27 |
Cash Income Tax Paid | 105 | 45 | 274 | 11 | 125 | 65 | 201 | 21 | 63 | 72 | 213 | 9 | 96 | 87 | 191 | 12 | 80 | 318 | - | 17 |
Change in Working Capital | 303 | -185 | -381 | 240 | 142 | 10 | -373 | -29 | 121 | -34 | -235 | 150 | -135 | 90 | -70 | 9 | 117 | -62 | -16 | -61 |