NetApp (NTAP) Other Working Capital Changes (2009 - 2026)
NetApp (NTAP) posted Other Working Capital Changes of $114 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), compared with -$110 million a year earlier and down 47.0% from the prior quarter.
NetApp (NTAP) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Other Working Capital Changes at NetApp was $505 million, up 165.8% year-over-year; for FY2026 (ended Apr 24, 2026), it was $281 million, up 35.1% from FY2025.
- Annual Other Working Capital Changes shows a five-year compound annual growth rate of 7.8% (FY2021 to FY2026).
- In prior fiscal years, NetApp's Other Working Capital Changes was $208 million in FY2025 (+235.5%), $62 million in FY2024, -$67 million in FY2023 and $384 million in FY2022 (+99.0%).
- Quarterly Other Working Capital Changes has run from a low of -$133 million in fiscal Q1 2024 to a high of $338 million in fiscal Q4 2022 over five years.
- On a year-over-year basis, Other Working Capital Changes increased in two of the last four quarters, with growth averaging 34.0%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was fiscal Q3 2026, with growth of 140.3%; the weakest was fiscal Q4 2023, with a decline of 99.4%.
- According to Business Quant data, Other Working Capital Changes for the three prior fiscal quarters was $215 million (Q4 2026), $173 million (Q3 2026) and $3 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 114.00 Mn |
| Apr 24, 2026 | 215.00 Mn |
| Jan 23, 2026 | 173.00 Mn |
| Oct 24, 2025 | 3.00 Mn |
| Jul 25, 2025 | -110.00 Mn |
| Apr 25, 2025 | 300.00 Mn |
| Jan 24, 2025 | 72.00 Mn |
| Oct 25, 2024 | -72.00 Mn |
| Jul 26, 2024 | -92.00 Mn |
| Apr 26, 2024 | 222.00 Mn |
| Jan 26, 2024 | 81.00 Mn |
| Oct 27, 2023 | -108.00 Mn |
| Jul 28, 2023 | -133.00 Mn |
| Apr 28, 2023 | 2.00 Mn |
| Jan 27, 2023 | 58.00 Mn |
| Oct 28, 2022 | -61.00 Mn |
| Jul 29, 2022 | -66.00 Mn |
| Apr 29, 2022 | 338.00 Mn |
| Jan 28, 2022 | 143.00 Mn |
| Oct 29, 2021 | -15.00 Mn |
NetApp Other Working Capital Changes 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=other-working-capital-changes&ticker=NTAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();