NetApp, Inc. (NTAP) quarterly cash flow statement — complete operating, investing & financing history
NetApp, Inc. (NTAP) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Cash from Operations | 503M | 950M | 317M | 127M | 673M | 675M | 385M | 105M | 341M | 613M | 484M | 135M | 453M | 235M | 377M | 214M | 281M | 411M | 260M | 298M |
| Operating CF Margin % | 24.84% | 48.77% | 18.51% | 7.45% | 43.17% | 38.97% | 23.46% | 6.33% | 22.13% | 36.77% | 30.14% | 8.64% | 31.63% | 14.86% | 24.71% | 12.87% | 17.65% | 24.46% | 16.11% | 19.03% |
| Operating CF Growth % | -25.26% | 40.74% | -17.66% | 20.95% | 97.36% | 10.11% | -20.45% | -22.22% | -24.72% | 160.85% | 28.38% | -36.92% | 61.21% | -42.82% | 45% | -28.19% | 16.12% | -26.48% | -30.29% | 85.09% |
| Net Income | 375M | 404M | 334M | 305M | 233M | 340M | 299M | 299M | 248M | 291M | 313M | 233M | 149M | 245M | 65M | 750M | 214M | 259M | 252M | 224M |
| Depreciation & Amortization | 33M | 49M | 0 | 52M | 51M | 53M | 64M | 63M | 63M | 64M | 63M | 64M | 64M | 66M | 65M | 59M | 58M | 51M | 51M | 46M |
| Stock-Based Compensation | 98M | 100M | 97M | 102M | 83M | 95M | 103M | 103M | 85M | 88M | 89M | 93M | 87M | 74M | 93M | 78M | 67M | 66M | 64M | 62M |
| Deferred Taxes | -5M | 87M | 0 | 10M | 9M | 10M | -41M | -52M | -17M | 55M | 11M | -7M | -6M | -29M | -7M | -555M | -15M | -78M | -34M | -17M |
| Other Non-Cash Items | -4M | 7M | 71M | 39M | 57M | 35M | -50M | 65M | -9M | -6M | 42M | -13M | 9M | 14M | 71M | -48M | -52M | -4M | -11M | -1M |
| Working Capital Changes | 6M | 303M | -185M | -381M | 240M | 142M | 10M | -373M | -29M | 121M | -34M | -235M | 150M | -135M | 90M | -70M | 9M | 117M | -62M | -16M |
| Change in Receivables | 317M | 27M | -324M | -205M | 466M | -323M | -34M | -197M | 335M | -228M | 10M | -147M | 332M | -165M | 112M | -51M | 364M | -450M | -155M | 5M |
| Change in Inventory | -176M | -89M | 17M | 6M | 54M | 81M | 50M | -103M | -29M | -55M | -9M | 9M | 37M | 8M | 69M | -12M | -28M | -37M | -12M | -47M |
| Change in Payables | 19M | 129M | -25M | 34M | -107M | 69M | -113M | 113M | -77M | 120M | -11M | 70M | -56M | -34M | -145M | 62M | -90M | 171M | -1M | 62M |
| Cash from Investing | -674M | -180M | -483M | 249M | -181M | -313M | -53M | 564M | -51M | -297M | -437M | 227M | -228M | -285M | -189M | -288M | -628M | -80M | -396M | -31M |
| Capital Expenditures | -102M | -50M | -46M | -49M | -53M | -35M | -47M | -45M | -41M | -46M | -36M | -38M | -35M | -39M | -58M | -77M | -65M | -68M | -61M | -46M |
| CapEx % of Revenue | 5.04% | 2.57% | 2.69% | 2.87% | 3.4% | 2.02% | 2.86% | 2.71% | 2.66% | 2.76% | 2.24% | 2.43% | 2.44% | 2.47% | 3.8% | 4.63% | 4.08% | 4.05% | 3.78% | 2.94% |
| Acquisitions | -78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 401M | -553M | -379M | 0 | 0 | 0 | -491M | -21M | -345M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 15M | 1.7B | 1M | 2M | 0 | 0 | -401M | 1M | -1M | -1M | 1M | 0 | 59M | 0 | 1M | 0 |
| Cash from Financing | -319M | -328M | -279M | -383M | -1.16B | 851M | -289M | -842M | -548M | -224M | -178M | -421M | -521M | -269M | -265M | -520M | -459M | -366M | -190M | -243M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | -750M | 1.24B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -143M | -200M | -151M | -250M | -300M | -250M | -147M | -300M | -345M | -100M | -100M | -300M | -348M | -150M | -200M | -150M | -296M | -250M | -125M | -125M |
| Dividends Paid | -102M | -103M | -103M | -103M | -104M | -105M | -106M | -106M | -107M | -104M | -103M | -103M | -106M | -106M | -108M | -108M | -110M | -111M | -111M | -112M |
| Share Repurchases | -200M | -200M | -200M | -250M | -300M | -250M | -200M | -300M | -400M | -100M | -100M | -300M | -400M | -150M | -200M | -150M | -350M | -250M | -125M | -125M |
| Other Financing | -74M | -25M | -25M | -30M | -3M | -34M | -36M | -436M | -96M | -20M | 25M | -18M | -67M | -13M | 43M | -262M | -53M | -5M | 46M | -6M |
| Net Change in Cash | -496M | 440M | -443M | -12M | -658M | 1.23B | 31M | -172M | -250M | 83M | -115M | -85M | -296M | -324M | -30M | -619M | -824M | -58M | -339M | 16M |
| Free Cash Flow | 401M | 900M | 271M | 78M | 620M | 640M | 338M | 60M | 300M | 567M | 448M | 97M | 418M | 196M | 319M | 137M | 216M | 343M | 199M | 252M |
| FCF Margin % | 19.8% | 46.2% | 15.82% | 4.57% | 39.77% | 36.95% | 20.6% | 3.62% | 19.47% | 34.01% | 27.9% | 6.21% | 29.19% | 12.4% | 20.9% | 8.24% | 13.57% | 20.42% | 12.33% | 16.09% |
| FCF Growth % | -35.32% | 40.63% | -19.82% | 30% | 106.67% | 12.87% | -24.55% | -38.14% | -28.23% | 189.29% | 40.44% | -29.2% | 93.52% | -42.86% | 60.3% | -45.63% | 13.09% | -34.17% | -41.64% | 108.26% |
| FCF per Share | 2.01 | 4.52 | 1.36 | 0.39 | 3.05 | 3.11 | 1.63 | 0.29 | 1.42 | 2.67 | 2.12 | 0.46 | 1.94 | 0.90 | 1.46 | 0.62 | 0.96 | 1.50 | 0.87 | 1.10 |
| FCF Conversion (FCF/Net Income) | 1.34x | 2.35x | 0.95x | 0.42x | 2.89x | 1.99x | 1.29x | 0.35x | 1.38x | 2.11x | 1.55x | 0.58x | 3.04x | 0.96x | 5.80x | 0.29x | 1.31x | 1.59x | 1.03x | 1.33x |
| Interest Paid | 0 | 0 | 0 | 35M | 23M | 0 | 23M | 7M | 23M | 6M | 23M | 7M | 23M | 6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 274M | 11M | 125M | 65M | 201M | 21M | 63M | 72M | 213M | 9M | 96M | 0 | 0 | 0 | 0 | 0 | 0 |