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Wednesday 28 October 2026 Export NTAP’s income statement to Excel — free account

NetApp, Inc.

NTAP Technology Software Infrastructure

NetApp, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $6.9 billion, up 5.37% from fiscal 2025. In the quarter to July 2026, revenue grew 29.9%, EPS grew 64.7%, free cash flow fell 35.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

227.72 5.64 +2.54%
Market cap
$44.7B
P/E
31.7×
Fwd P/E
27.7×
Dividend yield
0.91%
F-score
9/9
Altman Z
2.78
Beneish M
−2.74
Dividend safety
93/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

NetApp, Inc. (NTAP) EV/FCF

Alert me on EV/FCF

As of 27 October 2026, NetApp, Inc. (NTAP) trades at a EV/FCF of 26.4×. Over the past ten years it has ranged from 2.3× (January 2016) to 27.8× (October 2026); the current reading is higher than 100% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2026 11.6× (12.24%)
FY2025 13.2× (0.79%)
FY2024 13.3× (12.24%)
FY2023 15.2× (0.27%)
FY2022 15.2× 60.15%
FY2021 9.5× 10.24%
FY2020 8.6× (37.60%)
FY2019 13.8× 44.70%
FY2018 9.6× 1.75%
FY2017 9.4× 121.35%

Quarterly newest first

Period EV/FCF Change
Jul 2026 20.5× 76.98%
Apr 2026 11.6× (4.34%)
Jan 2026 12.1× (14.04%)
Oct 2025 14.1× 12.31%
43 more quarters

Against its own ten years

Low 2.3× High 27.8×
Ten-year median 11.6×
Current reading's percentile 100

EV/FCF against peers

Company EV/FCF
NBIS Nebius Group N.V. compare −8.2×
CRWV CoreWeave Inc. compare −4.5×
KSPI Joint Stock Company Kaspi.kz Sponsored ADR compare 7.4×
XYZ Block, Inc. compare 11.8×
NTAP NetApp, Inc. 26.4×
TWLO Twilio Inc. compare 38.3×
OKTA Okta, Inc. compare 39.5×
MDB MongoDB, Inc. compare 47.5×
ZS Zscaler, Inc. compare 52.9×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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