NetApp annual free cash flow
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NetApp Free Cash Flow (FCF) History (NTAP)
NetApp reported $1.87B in free cash flow for fiscal 2026, an increase of 39.69% from the previous fiscal year, with a free cash flow margin of 26.99%.
View full NetApp company overviewNetApp free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-04-24 | $1.87B | $531.0M | +39.69% | +26.99% |
| 2025 | 2025-04-25 | $1.34B | −$192.0M | −12.55% | +20.36% |
| 2024 | 2024-04-26 | $1.53B | $662.0M | +76.27% | +24.41% |
| 2023 | 2023-04-28 | $868.0M | −$117.0M | −11.88% | +13.64% |
| 2022 | 2022-04-29 | $985.0M | −$186.0M | −15.88% | +15.59% |
| 2021 | 2021-04-30 | $1.17B | $235.0M | +25.11% | +20.39% |
| 2020 | 2020-04-24 | $936.0M | −$232.0M | −19.86% | +17.29% |
| 2019 | 2019-04-26 | $1.17B | −$165.0M | −12.38% | +19.00% |
| 2018 | 2018-04-27 | $1.33B | $522.0M | +64.36% | +22.52% |
| 2017 | 2017-04-28 | $811.0M | −$3.0M | −0.37% | +14.77% |
| 2016 | 2016-04-29 | $814.0M | −$279.0M | −25.53% | +14.68% |
| 2015 | 2015-04-24 | $1.09B | −$36.0M | −3.19% | +17.85% |
| 2014 | 2014-04-25 | $1.13B | $46.0M | +4.25% | +17.85% |
| 2013 | 2013-04-26 | $1.08B | $27.5M | +2.61% | +17.10% |
| 2012 | 2012-04-27 | $1.06B | −$68.1M | −6.06% | +16.93% |
| 2011 | 2011-04-29 | $1.12B | $284.2M | +33.86% | +21.93% |
| 2010 | 2010-04-30 | $839.4M | $239.8M | +39.99% | +21.35% |
| 2009 | 2009-04-24 | $599.6M | — | — | +17.60% |
NetApp quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-04-24 | $900.0M | $260.0M | +40.63% | +46.20% |
| Q3 2026 | 2026-01-23 | $271.0M | −$67.0M | −19.82% | +15.82% |
| Q2 2026 | 2025-10-24 | $78.0M | $18.0M | +30.00% | +4.57% |
| Q1 2026 | 2025-07-25 | $620.0M | $320.0M | +106.67% | +39.77% |
| Q4 2025 | 2025-04-25 | $640.0M | $73.0M | +12.87% | +36.95% |
| Q3 2025 | 2025-01-24 | $338.0M | −$110.0M | −24.55% | +20.60% |
| Q2 2025 | 2024-10-25 | $60.0M | −$37.0M | −38.14% | +3.62% |
| Q1 2025 | 2024-07-26 | $300.0M | −$118.0M | −28.23% | +19.47% |
| Q4 2024 | 2024-04-26 | $567.0M | $371.0M | +189.29% | +33.99% |
| Q3 2024 | 2024-01-26 | $448.0M | $129.0M | +40.44% | +27.90% |
| Q2 2024 | 2023-10-27 | $97.0M | −$40.0M | −29.20% | +6.21% |
| Q1 2024 | 2023-07-28 | $418.0M | $202.0M | +93.52% | +29.19% |
| Q4 2023 | 2023-04-28 | $196.0M | −$147.0M | −42.86% | +12.40% |
| Q3 2023 | 2023-01-27 | $319.0M | $120.0M | +60.30% | +20.90% |
| Q2 2023 | 2022-10-28 | $137.0M | −$115.0M | −45.63% | +8.24% |
| Q1 2023 | 2022-07-29 | $216.0M | $25.0M | +13.09% | +13.57% |
| Q4 2022 | 2022-04-29 | $343.0M | $2.0M | +0.59% | +13.73% |
| Q3 2022 | 2022-01-28 | $199.0M | $11.0M | +5.85% | +25.00% |
| Q2 2022 | 2021-10-29 | $252.0M | −$107.0M | −29.81% | +16.09% |
| Q1 2022 | 2021-07-30 | $191.0M | −$197.0M | −50.77% | +13.10% |
| Q3 2021 | 2021-01-29 | $341.0M | $430.0M | — | +23.20% |
| Q1 2021 | 2020-07-31 | $188.0M | −$90.0M | −32.37% | +14.43% |
| Q4 2020 | 2020-04-24 | $359.0M | −$5.0M | −1.37% | +25.62% |
| Q3 2020 | 2020-01-24 | $388.0M | −$32.0M | −7.62% | +27.64% |
| Q2 2020 | 2019-10-25 | −$89.0M | −$211.0M | — | −6.49% |
| Q1 2020 | 2019-07-26 | $278.0M | $16.0M | +6.11% | +22.49% |
| Q4 2019 | 2019-04-26 | $364.0M | −$82.0M | −18.39% | +22.86% |
| Q3 2019 | 2019-01-25 | $420.0M | $32.0M | +8.25% | +26.87% |
| Q2 2019 | 2018-10-26 | $122.0M | −$163.0M | −57.19% | +8.04% |
| Q1 2019 | 2018-07-27 | $262.0M | $48.0M | +22.43% | +17.77% |
| Q4 2018 | 2018-04-27 | $446.0M | $119.0M | +36.39% | +27.13% |
| Q3 2018 | 2018-01-26 | $388.0M | $198.0M | +104.21% | +25.21% |
| Q2 2018 | 2017-10-27 | $285.0M | $183.0M | +179.41% | +20.14% |
| Q1 2018 | 2017-07-28 | $214.0M | $22.0M | +11.46% | +16.20% |
| Q4 2017 | 2017-04-28 | $327.0M | $17.0M | +5.48% | +22.51% |
| Q3 2017 | 2017-01-27 | $190.0M | −$124.0M | −39.49% | +13.53% |
| Q2 2017 | 2016-10-28 | $102.0M | $3.0M | +3.03% | +7.61% |
| Q1 2017 | 2016-07-29 | $192.0M | $101.0M | +110.99% | +14.84% |
| Q4 2016 | 2016-04-29 | $310.0M | −$49.0M | −13.65% | +22.46% |
| Q3 2016 | 2016-01-29 | $314.0M | $68.0M | +27.64% | +22.66% |
| Q2 2016 | 2015-10-30 | $99.0M | −$231.0M | −70.00% | +6.85% |
| Q1 2016 | 2015-07-31 | $91.0M | −$67.0M | −42.41% | +6.82% |
| Q4 2015 | 2015-04-24 | $359.0M | $44.7M | +14.22% | +23.31% |
| Q3 2015 | 2015-01-23 | $246.0M | −$27.9M | −10.19% | +15.86% |
| Q2 2015 | 2014-10-24 | $330.0M | $9.7M | +3.03% | +21.39% |
| Q1 2015 | 2014-07-25 | $158.0M | −$62.5M | −28.34% | +10.61% |
| Q4 2014 | 2014-04-25 | $314.3M | −$77.7M | −19.82% | +19.06% |
| Q3 2014 | 2014-01-24 | $273.9M | $19.5M | +7.67% | +17.01% |
| Q2 2014 | 2013-10-25 | $320.3M | $51.0M | +18.94% | +20.67% |
| Q1 2014 | 2013-07-26 | $220.5M | $53.2M | +31.80% | +14.54% |
| Q4 2013 | 2013-04-26 | $392.0M | −$66.4M | −14.49% | +22.84% |
| Q3 2013 | 2013-01-25 | $254.4M | $76.5M | +43.00% | +15.61% |
| Q2 2013 | 2012-10-26 | $269.3M | −$7.6M | −2.74% | +17.47% |
| Q1 2013 | 2012-07-27 | $167.3M | $25.0M | +17.57% | +11.58% |
| Q4 2012 | 2012-04-27 | $458.4M | $72.5M | +18.79% | +26.93% |
| Q3 2012 | 2012-01-27 | $177.9M | −$110.2M | −38.25% | +11.36% |
| Q2 2012 | 2011-10-28 | $276.9M | −$35.6M | −11.39% | +18.37% |
| Q1 2012 | 2011-07-29 | $142.3M | $5.2M | +3.79% | +9.76% |
| Q4 2011 | 2011-04-29 | $385.9M | −$50.3M | −11.53% | +27.02% |
| Q3 2011 | 2011-01-28 | $288.1M | $142.9M | +98.42% | +22.34% |
| Q2 2011 | 2010-10-29 | $312.5M | $68.0M | +27.81% | +24.98% |
| Q1 2011 | 2010-07-30 | $137.1M | $123.6M | +915.56% | +11.88% |
| Q4 2010 | 2010-04-30 | $436.2M | — | — | +37.22% |
| Q3 2010 | 2010-01-29 | $145.2M | — | — | +14.35% |
| Q2 2010 | 2009-10-30 | $244.5M | — | — | +26.87% |
| Q1 2010 | 2009-07-31 | $13.5M | — | — | +1.61% |
NetApp free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.17B to $1.87B, a compound annual growth rate of 9.80%. NetApp's latest reported quarter, Q4 2026, generated $900.0M in free cash flow, an increase of 40.63% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review NetApp filings at SEC.gov ↗