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NetApp (NTAP) Cash Flow Waterfall

Trace NetApp's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$2.07B

Capex

−$198.00M

Free Cash Flow

$1.87B

FCF Margin

+90.4%

Cash flow waterfall for NetApp (NTAP) — TTM through Q2 2026

Free cash flow: $1.87B

Cash flow breakdown for NetApp (NTAP) — TTM through Q2 2026

  • Operating Cash Flow$2.07B
  • Capital Expenditure−$198.00M
  • Free Cash Flow$1.87B
  • Other Investing−$397.00M
  • Share Buybacks−$950.00M
  • Dividends Paid−$413.00M
  • Net Debt Change−$750.00M
  • Other Financing & FX−$32.00M
  • Net Cash Decrease−$673.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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