NetApp Quarterly Cash Flow Statement
NASDAQ: NTAPTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NetApp free cash flow
In the quarter ended Jul 31, 2026, NetApp generated $503.0 million of operating cash flow and spent $102.0 million on capital expenditures. That left free cash flow of $401.0 million, a free-cash-flow margin of 22.0% of revenue. Free cash flow was down 35.3% from the prior year's $620.0 million.
NetApp returned $302.0 million to shareholders: $102.0 million in dividends and $200.0 million in share repurchases, equal to 75% of free cash flow. Free cash flow covered dividend payments 3.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
NetApp cash flow statement (quarterly)
| Quarter (USD) | Q1 20262026-07-31 | Q4 20262026-04-24 | Q3 20262026-01-23 | Q2 20252025-10-24 | Q1 20252025-07-25 | Q4 20252025-04-25 | Q3 20252025-01-24 | Q2 20252024-10-25 | Q1 20252024-07-26 | Q4 20242024-04-26 | Q3 20242024-01-26 | Q2 20242023-10-27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 375.00M | 404.00M | 334.00M | 305.00M | 233.00M | 340.00M | 299.00M | 299.00M | 248.00M | 291.00M | 313.00M | 233.00M |
| Net Income growth (YoY) | +60.94% | +18.82% | +11.71% | +2.01% | -6.05% | +16.84% | -4.47% | +28.33% | +66.44% | +18.78% | +381.54% | -68.93% |
| Depreciation & Amortization | 33.00M | 49.00M | 48.00M | 52.00M | 51.00M | 53.00M | 64.00M | 63.00M | 63.00M | 64.00M | 63.00M | 64.00M |
| Stock-Based Compensation | 98.00M | 100.00M | 97.00M | 102.00M | 83.00M | 95.00M | 103.00M | 103.00M | 85.00M | 88.00M | 89.00M | 93.00M |
| Change in Working Capital | 81.00M | 88.00M | -214.00M | -347.00M | 480.00M | 109.00M | 13.00M | -415.00M | 188.00M | -9.00M | 27.00M | -261.00M |
| Operating Cash Flow | 503.00M | 950.00M | 317.00M | 127.00M | 673.00M | 675.00M | 385.00M | 105.00M | 341.00M | 613.00M | 484.00M | 135.00M |
| Capital Expenditures | -102.00M | -50.00M | -46.00M | -49.00M | -53.00M | -35.00M | -47.00M | -45.00M | -41.00M | -46.00M | -36.00M | -38.00M |
| Investing Cash Flow | -674.00M | -180.00M | -483.00M | 249.00M | -181.00M | -313.00M | -53.00M | 564.00M | -51.00M | -297.00M | -437.00M | 227.00M |
| Dividends Paid | -102.00M | -103.00M | -103.00M | -103.00M | -104.00M | -105.00M | -106.00M | -106.00M | -107.00M | -104.00M | -103.00M | -103.00M |
| Share Repurchases | -200.00M | -200.00M | -200.00M | -250.00M | -300.00M | -250.00M | -200.00M | -300.00M | -400.00M | -100.00M | -100.00M | -300.00M |
| Debt Repaid | 0 | 0 | 0 | 0 | -750.00M | 0 | 0 | -400.00M | 0 | 0 | 0 | — |
| Financing Cash Flow | -319.00M | -328.00M | -279.00M | -383.00M | -1.16B | 851.00M | -289.00M | -842.00M | -548.00M | -224.00M | -178.00M | -421.00M |
| Net Change in Cash | -496.00M | 440.00M | -444.00M | -12.00M | -658.00M | 1.23B | 31.00M | -172.00M | -250.00M | 83.00M | -115.00M | -85.00M |
| Free Cash Flow | 401.00M | 900.00M | 271.00M | 78.00M | 620.00M | 640.00M | 338.00M | 60.00M | 300.00M | 567.00M | 448.00M | 97.00M |
This table shows 12 quarterly periods of NetApp's cash flow statement, from Q1 2026 back to Q2 2024, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NTAP's reporting calendar. What is a cash flow statement?