Netlist (NLST) FCF Margin (2009 - 2026)
Netlist (NLST) posted FCF Margin of 250.58% for Q3 2026, up 274.88 percentage points from -24.30% a year earlier and up 247.57 percentage points from the prior quarter.
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Analysis
Netlist (NLST) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 26, 2026, FCF Margin at Netlist was 65.25%, up 90.46 percentage points year-over-year; for FY2025, it came in at -7.83%, up 15.73 percentage points from FY2024.
- Annual FCF Margin shows a four-year change of -11.69 percentage points (FY2021 to FY2025).
- In prior years, Netlist's FCF Margin was -23.56% in FY2024 (+36.55 pp), -60.11% in FY2023 (-50.55 pp), -9.57% in FY2022 (-13.42 pp) and 3.85% in FY2021.
- The Q3 2026 figure stands as the highest quarterly FCF Margin in data going back to Q4 2010.
- On a year-over-year basis, FCF Margin has increased in each of the last four quarters, with an average year-over-year change of +40.57 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2026, with a gain of 274.88 percentage points; the weakest was Q2 2023, with a drop of 155.32 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 3.01% (Q2 2026), -20.80% (Q1 2026) and 17.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 22.59% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 30.08% |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 2.10% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 17.42% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 57.19% |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 34.94% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 31.43% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 7.34% |
| 10 | Netlist | 1.92 Bn | 1.53 Bn | 68.86 Mn | 250.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 250.58% |
| Jun 27, 2026 | 3.01% |
| Mar 28, 2026 | -20.80% |
| Dec 27, 2025 | 17.49% |
| Sep 27, 2025 | -24.30% |
| Jun 28, 2025 | -18.40% |
| Mar 29, 2025 | -34.80% |
| Dec 28, 2024 | -26.51% |
| Sep 28, 2024 | -8.66% |
| Jun 29, 2024 | -21.27% |
| Mar 30, 2024 | -39.81% |
| Dec 30, 2023 | -4.55% |
| Sep 30, 2023 | -67.53% |
| Jul 1, 2023 | -160.29% |
| Apr 1, 2023 | -140.94% |
| Dec 31, 2022 | 12.14% |
| Oct 1, 2022 | -47.44% |
| Jul 2, 2022 | -4.98% |
| Apr 2, 2022 | 1.98% |
| Jan 1, 2022 | 11.66% |
API Access
Netlist FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NLST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NLST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NLST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();