Free Cash Flow for NetApp (NTAP)
Free Cash Flow for NetApp (NTAP): headline value $1.61B · YoY -12.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
NTAP
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.61B
YoY change
-12.5%
5Y CAGR
+7.4%
Peak year (2024)
$1.53B
Latest annual
$1.34B
Free Cash Flow history chart for NetApp (NTAP) from 1996 to 2025
Free Cash Flow history table for NetApp (NTAP) from 1996 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.34B | -12.5% | ||
| 2024 | $1.53B | +76.3% | ||
| 2023 | $868.00M | -11.9% | ||
| 2022 | $985.00M | -15.9% | ||
| 2021 | $1.17B | +25.1% | ||
| 2020 | $936.00M | -19.9% | ||
| 2019 | $1.17B | -12.4% | ||
| 2018 | $1.33B | +64.4% | ||
| 2017 | $811.00M | -0.4% | ||
| 2016 | $814.00M | -25.5% | ||
| 2015 | $1.09B | -3.1% | ||
| 2014 | $1.13B | +4.2% | ||
| 2013 | $1.08B | +2.6% | ||
| 2012 | $1.06B | -6.1% | ||
| 2011 | $1.12B | +33.9% | ||
| 2010 | $839.40M | +40.0% | ||
| 2009 | $599.57M | -26.9% | ||
| 2008 | $820.61M | +17.5% | ||
| 2007 | $698.63M | +65.8% | ||
| 2006 | $421.37M | +14.3% | ||
| 2005 | $368.55M | +40.5% | ||
| 2004 | $262.29M | +95.8% | ||
| 2003 | $133.98M | -195.5% | ||
| 2002 | -$140.34M | -204.2% | ||
| 2001 | $134.67M | +74.3% | ||
| 2000 | $77.26M | +153.5% | ||
| 1999 | $30.47M | +106.5% | ||
| 1998 | $14.76M | -1825.7% | ||
| 1997 | -$855,000 | +9.9% | ||
| 1996 | -$778,000 | — |
Free Cash Flow 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
The 2025 reading of NetApp (NTAP) free cash flow is $1.34B – declined 12.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, NetApp free cash flow compounded at +7.4% per year, with the latest reading among the more recent periods of the dataset.
NetApp free cash flow declined from $1.53B in 2024 to $1.34B in 2025, a 12.5% drawdown.
The highest annual free cash flow of $1.53B was reported in 2024. The lowest in the available history was -$140.34M in 2002.
NetApp (NTAP) sits 9th of 8 Technology peers we track on this metric, against a peer median of $49.26B.
NetApp Free Cash Flow by Year
NetApp Free Cash Flow 2025: $1.34B
NetApp free cash flow in 2025 was $1.34B, declined 12.5% below 2024.
NetApp Free Cash Flow 2024: $1.53B
NetApp free cash flow in 2024 was $1.53B, surged 76.3% from 2023. This figure represents the highest annual value in the available history.
NetApp Free Cash Flow 2023: $868.00M
NetApp free cash flow in 2023 was $868.00M, declined 11.9% below 2022.
NetApp Free Cash Flow 2022: $985.00M
NetApp free cash flow in 2022 was $985.00M, declined 15.9% below 2021.
NetApp Free Cash Flow 2021: $1.17B
NetApp free cash flow in 2021 was $1.17B.
See more financial history for NetApp (NTAP).
Sector peers — Free Cash Flow
Companies in the same sector as NetApp, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is NetApp's free cash flow?
Latest reported free cash flow for NetApp (NTAP) is $1.61B (period ending January 23, 2026).
How has NetApp free cash flow changed year-over-year?
NetApp (NTAP) free cash flow changed -12.5% year-over-year on the latest annual filing.
What is the long-term growth rate of NetApp free cash flow?
NetApp (NTAP) free cash flow compound annual growth rate is +7.4% over the most recent 5 years available.
When did NetApp free cash flow hit its highest annual value?
NetApp free cash flow reached its highest annual value of $1.53B in 2024.
What was NetApp free cash flow in 2024?
NetApp (NTAP) free cash flow in 2024 was $1.53B.
What was NetApp free cash flow in 2025?
NetApp (NTAP) free cash flow in 2025 was $1.34B.
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