Netlist (NLST) FCF Margin (2010 - 2026)
Netlist (NLST) posted FCF Margin of 3.01% for Q2 2026, up 21.41 percentage points from -18.40% a year earlier and up 23.82 percentage points from the prior quarter.
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Analysis
Netlist (NLST) FCF Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, FCF Margin at Netlist was -4.67%, up 16.22 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.
- Quarterly FCF Margin has run from a low of -160.29% in Q2 2023 to a high of 17.49% in Q4 2025 over five years.
- On a year-over-year basis, FCF Margin has increased in each of the last three quarters, with an average year-over-year change of +13.57 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2024, with a gain of 139.03 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 -20.80% (Q1 2026), 17.49% (Q4 2025) and -24.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 79.01% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 30.81% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 34.19% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 6.96% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 19.50% |
| 10 | Netlist | 1.88 Bn | 1.79 Bn | 22.88 Mn | 3.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Apr 3, 2021 | -29.08% |
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();