Capital Expenditures for NetApp (NTAP)
According to NetApp's latest reported financial statements, the company's current capital expenditures (TTM) is $183.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NTAP
Currently viewingCapital ExpendituresSwitch metric
Latest period
$183.00M
YoY change
+8.4%
5Y CAGR
+6.3%
Peak year (2012)
$407.10M
Cumulative capital expenditures
$4.62B
CapEx history chart for NetApp (NTAP) from 1996 to 2025
CapEx history table for NetApp (NTAP) from 1996 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $168.00M | +8.4% | ||
| 2024 | $155.00M | -35.1% | ||
| 2023 | $239.00M | +5.8% | ||
| 2022 | $226.00M | +39.5% | ||
| 2021 | $162.00M | +30.6% | ||
| 2020 | $124.00M | -28.3% | ||
| 2019 | $173.00M | +19.3% | ||
| 2018 | $145.00M | -17.1% | ||
| 2017 | $175.00M | +9.4% | ||
| 2016 | $160.00M | -8.7% | ||
| 2015 | $175.30M | -20.8% | ||
| 2014 | $221.40M | -27.0% | ||
| 2013 | $303.30M | -25.5% | ||
| 2012 | $407.10M | +82.8% | ||
| 2011 | $222.70M | +64.2% | ||
| 2010 | $135.60M | -53.2% | ||
| 2009 | $289.66M | +53.8% | ||
| 2008 | $188.28M | +13.5% | ||
| 2007 | $165.83M | +24.8% | ||
| 2006 | $132.91M | +42.1% | ||
| 2005 | $93.57M | +92.5% | ||
| 2004 | $48.60M | -20.7% | ||
| 2003 | $61.27M | -78.4% | ||
| 2002 | $284.24M | +239.7% | ||
| 2001 | $83.69M | +105.0% | ||
| 2000 | $40.82M | +163.8% | ||
| 1999 | $15.47M | +94.1% | ||
| 1998 | $7.97M | +11.9% | ||
| 1997 | $7.12M | +66.4% | ||
| 1996 | $4.28M | — |
CapEx values are taken from NetApp's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for NetApp (NTAP) came in at $168.00M – grew 8.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, NetApp capital expenditures compounded at +6.3% per year, with the latest reading among the more recent periods of the dataset.
Between 2012 and 2025, NetApp capital expenditures plunged 58.7%, falling from $407.10M to $168.00M.
2012 marks the peak capital expenditures at $407.10M, with the historical low of $4.28M recorded in 1996.
Among 8 Technology peers, NetApp (NTAP) ranks 9th; the peer median for capital expenditures is $9.38B.
NetApp Capital Expenditures by Year
NetApp Capital Expenditures 2025: $168.00M
NetApp capital expenditures in 2025 was $168.00M, grew 8.4% from 2024.
NetApp Capital Expenditures 2024: $155.00M
NetApp capital expenditures in 2024 was $155.00M, plunged 35.1% below 2023.
NetApp Capital Expenditures 2023: $239.00M
NetApp capital expenditures in 2023 was $239.00M, grew 5.8% from 2022.
NetApp Capital Expenditures 2022: $226.00M
NetApp capital expenditures in 2022 was $226.00M, surged 39.5% from 2021.
NetApp Capital Expenditures 2021: $162.00M
NetApp capital expenditures in 2021 was $162.00M.
See more financial history for NetApp (NTAP).
Sector peers — CapEx
Companies in the same sector as NetApp, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| Apple Inc. (AAPL) | $12.71B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is NetApp's capital expenditures?
- Latest reported capital expenditures for NetApp (NTAP) is $183.00M (period ending January 23, 2026).
How has NetApp capital expenditures changed year-over-year?
- NetApp (NTAP) capital expenditures changed +8.4% year-over-year on the latest annual filing.
What is the long-term growth rate of NetApp capital expenditures?
- NetApp (NTAP) capital expenditures compound annual growth rate is +6.3% over the most recent 5 years available.
When did NetApp capital expenditures hit its highest annual value?
- NetApp capital expenditures reached its highest annual value of $407.10M in 2012.
What was NetApp capital expenditures in 2024?
- NetApp (NTAP) capital expenditures in 2024 was $155.00M.
What was NetApp capital expenditures in 2025?
- NetApp (NTAP) capital expenditures in 2025 was $168.00M.
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