NetApp NTAP
NASDAQ NTAP
$204.41 +3.26 (+1.62%)
At close: Sep 28, 2026 · 4:00 PM EDT

NetApp (NTAP) Other Working Capital Changes (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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