Growth Metrics

NetApp (NTAP) FCF Margin (2016 - 2026)

NetApp has reported FCF Margin over the past 18 years, most recently at 15.82% for Q1 2026.

  • Quarterly results put FCF Margin at 15.82% for Q1 2026, down 478.0% from a year ago — trailing twelve months through Jan 2026 was 23.98% (up 455.0% YoY), and the annual figure for FY2025 was 20.36%, down 405.0%.
  • FCF Margin for Q1 2026 was 15.82% at NetApp, up from 4.57% in the prior quarter.
  • Over the last five years, FCF Margin for NTAP hit a ceiling of 39.77% in Q3 2025 and a floor of 3.62% in Q4 2024.
  • Median FCF Margin over the past 5 years was 19.47% (2024), compared with a mean of 19.17%.
  • Biggest five-year swings in FCF Margin: crashed -2436bps in 2022 and later soared 2160bps in 2024.
  • NetApp's FCF Margin stood at 8.24% in 2022, then decreased by -25bps to 6.21% in 2023, then tumbled by -42bps to 3.62% in 2024, then rose by 26bps to 4.57% in 2025, then surged by 246bps to 15.82% in 2026.
  • The last three reported values for FCF Margin were 15.82% (Q1 2026), 4.57% (Q4 2025), and 39.77% (Q3 2025) per Business Quant data.