NetApp, Inc.
NTAP Technology Software Infrastructure
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.
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NetApp, Inc. (NTAP) Operating cash flow
NetApp, Inc.'s operating cash flow for fiscal 2026 was $2.1B, up 37.3% from $1.5B in fiscal 2025. Over the twelve months to 31 July 2026 it was $1.9B. Over the past ten years it has ranged from $974.0M (fiscal 2016) to $2.1B (fiscal 2026) — the current reading is the highest in ten years. NetApp, Inc. ranks 12th of 169 Software Infrastructure companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2026 | $2.1B | 37.25% |
| FY2025 | $1.5B | (10.62%) |
| FY2024 | $1.7B | 52.21% |
| FY2023 | $1.1B | (8.59%) |
| FY2022 | $1.2B | (9.15%) |
| FY2021 | $1.3B | 25.75% |
| FY2020 | $1.1B | (20.95%) |
| FY2019 | $1.3B | (9.27%) |
| FY2018 | $1.5B | 49.90% |
| FY2017 | $986.0M | 1.23% |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jul 2026 | $503.0M | (47.05%) |
| Apr 2026 | $950.0M | 199.68% |
| Jan 2026 | $317.0M | 149.61% |
| Oct 2025 | $127.0M | (81.13%) |
| 43 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| CRWV CoreWeave Inc. compare | $6.9B |
| NBIS Nebius Group N.V. compare | $5.3B |
| XYZ Block, Inc. compare | $4.1B |
| NTAP NetApp, Inc. | $1.9B |
| ZS Zscaler, Inc. compare | $1.1B |
| VRSN VeriSign, Inc. compare | $1.1B |
| TWLO Twilio Inc. compare | $1.1B |
| OKTA Okta, Inc. compare | $987.0M |
| MDB MongoDB, Inc. compare | $666.6M |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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