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

NetApp (NTAP) recorded quarterly Free Cash Flow of $900.0 million in Q2 2026, up 232.1% quarter-over-quarter from $271.0 million in Q1 2026, and up 40.62% year-on-year from $640.0 million in Q2 2025.

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

NetApp has disclosed Free Cash Flow across 18 years of filings, most recently posting $900.0 million for Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 40.62% year-over-year to $900.0 million; the trailing twelve-month figure through Apr 2026 stood at $1.9 billion (up 39.69% YoY), and the FY2026 full-year result was $1.9 billion, up 39.69% from the prior year.
  • Free Cash Flow was $900.0 million for Q2 2026 at NetApp, up from $271.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $900.0 million in Q2 2026 and troughed at $60.0 million in Q4 2024.
  • The 5-year median for Free Cash Flow is $309.5 million (2023), against an average of $341.5 million.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow plunged 45.63% in 2022, then soared 189.29% in 2024.
  • Year by year, Free Cash Flow stood at $137.0 million in 2022, then retreated by 29.2% to $97.0 million in 2023, then sank by 38.14% to $60.0 million in 2024, then grew by 30.0% to $78.0 million in 2025, then jumped by 1053.85% to $900.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $900.0 million in Q2 2026, $271.0 million in Q1 2026, and $78.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 15.80 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 9.49 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 891.76 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 384.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 395.40 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 1.02 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 821.51 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 93.10 Mn
10 NetApp 32.80 Bn 29.21 Bn 1.37 Bn 900.00 Mn

Historic Data

Download Data
DateValue
Apr 24, 2026 900.00 Mn
Apr 24, 2026 900.00 Mn
Jan 23, 2026 271.00 Mn
Jan 23, 2026 271.00 Mn
Oct 24, 2025 78.00 Mn
Oct 24, 2025 78.00 Mn
Jul 25, 2025 620.00 Mn
Jul 25, 2025 620.00 Mn
Apr 25, 2025 640.00 Mn
Apr 25, 2025 640.00 Mn
Jan 24, 2025 338.00 Mn
Jan 24, 2025 338.00 Mn
Oct 25, 2024 60.00 Mn
Oct 25, 2024 60.00 Mn
Jul 26, 2024 300.00 Mn
Jul 26, 2024 300.00 Mn
Apr 26, 2024 567.00 Mn
Apr 26, 2024 567.00 Mn
Jan 26, 2024 448.00 Mn
Jan 26, 2024 448.00 Mn