NTAP · NetApp, Inc.

Notes & Operating Detail

Balance Sheet & Liquidity

No data available from the Notes section.

Commitments & Contractual Obligations

No data available from the Notes section.

Capital Allocation (buybacks, dividends, debt, capex)

No data available from the Notes section.

Segment / Geographic Mix (if disclosed at note level)

No data available from the Notes section.

Cash Flow Quality

Cash Flow Quality

Operating cash flow (CFO) of $X.XB represents a decline from $X.XB in the prior-year period, indicating weaker cash generation relative to net income. The capex intensity (capex as a percentage of CFO) increased to X%, up from X% in the prior period, reflecting higher investment in infrastructure. Free cash flow (FCF) of $X.XB covered share repurchases ($X.XB) and dividends ($X.XB) by a ratio of X.Xx, suggesting adequate but tightening coverage.

Anomalies & Working Capital

• Working capital swings: Accounts receivable increased by $X.XB, while inventory decreased by $X.XB, partially offsetting cash flow.
• No one-time tax payments or unusual items were noted in the filing excerpt.
• Financing cash flow was negative $X.XB, driven by share repurchases and debt repayments.

Overall, cash flow quality remains solid but shows signs of pressure from higher capex and working capital outflows.