NetApp NTAP
NASDAQ NTAP
$185.59 +0.21 (+0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

NetApp (NTAP) Free Cash Flow (2009 - 2026)

NetApp (NTAP) posted Free Cash Flow of $401.0 million for Q3 2026, down 55.44% on a QoQ basis from $900.0 million in Q2 2026, and down 35.32% year-over-year from $620.0 million in Q3 2025.

Analysis

NetApp (NTAP) Free Cash Flow (2009 - 2026) Analysis & Trends

NetApp has reported Free Cash Flow for 18 years, with the latest figure at $401.0 million in Q3 2026.

  • On a quarterly basis, Free Cash Flow fell 35.32% year-over-year to $401.0 million in Q3 2026; TTM through Jul 2026 was $1.6 billion, a 0.48% change from a year earlier, with the FY2026 full-year figure at $1.9 billion, up 39.69% from the prior year.
  • Free Cash Flow was $401.0 million for Q3 2026 at NetApp, down from $900.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $900.0 million in Q2 2026, with the low at $60.0 million in Q4 2024.
  • Average Free Cash Flow over 5 years is $344.6 million, with a median of $319.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow sank 45.63% in 2022, then surged 189.29% in 2024.
  • Over 5 years, Free Cash Flow stood at $137.0 million in 2022, then dropped by 29.2% to $97.0 million in 2023, then plunged by 38.14% to $60.0 million in 2024, then gained by 30.0% to $78.0 million in 2025, then soared by 414.1% to $401.0 million in 2026.
  • The last three Free Cash Flow figures came in at $401.0 million (Q3 2026), $900.0 million (Q2 2026), and $271.0 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Dell Technologies 340.03 Bn 328.45 Bn 7.78 Bn 3.12 Bn
2 Sandisk 254.04 Bn 249.28 Bn 7.58 Bn 7.08 Bn
3 Arista Networks 244.37 Bn 231.03 Bn 1.91 Bn 1.05 Bn
4 Seagate Technology Holdings 192.61 Bn 190.91 Bn 1.90 Bn 1.12 Bn
5 Western Digital 168.75 Bn 167.17 Bn 2.03 Bn 1.28 Bn
6 Hewlett Packard Enterprise 69.08 Bn 62.86 Bn 4.93 Bn 896.00 Mn
7 NetApp 36.45 Bn 32.88 Bn 1.42 Bn 401.00 Mn
8 Everpure 33.13 Bn 32.12 Bn 811.39 Mn -237.60 Mn
9 Super Micro Computer 26.01 Bn 18.48 Bn 1.94 Bn 718.73 Mn
10 Penguin Solutions 2.65 Bn 2.41 Bn 133.21 Mn -77.63 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 401.00 Mn
Apr 24, 2026 900.00 Mn
Jan 23, 2026 271.00 Mn
Oct 24, 2025 78.00 Mn
Jul 25, 2025 620.00 Mn
Apr 25, 2025 640.00 Mn
Jan 24, 2025 338.00 Mn
Oct 25, 2024 60.00 Mn
Jul 26, 2024 300.00 Mn
Apr 26, 2024 567.00 Mn
Jan 26, 2024 448.00 Mn
Oct 27, 2023 97.00 Mn
Jul 28, 2023 418.00 Mn
Apr 28, 2023 196.00 Mn
Jan 27, 2023 319.00 Mn
Oct 28, 2022 137.00 Mn
Jul 29, 2022 216.00 Mn
Apr 29, 2022 343.00 Mn
Jan 28, 2022 199.00 Mn
Oct 29, 2021 252.00 Mn