The purpose of this research is to investigate the validity of the Reynolds equation in spool valve analysis under cavitation. This study is carried out for a laminar and isothermal flow between a sleeve and spool with grooves. The pressure and lateral force obtained from the Reynolds equation and the Navier-Stokes equation are compared with variations of aspect ratio, cross sectional area, and number of grooves. The cavitation phenomenon is considered by using a cavitation model in the Navier-Stokes equation and the Reynolds cavitation boundary condition in the Reynolds equation. A large difference of more than 20% is found between the equations for a lateral force of spool valve with many grooves. It was found that the Reynolds equation is not suitable for calculation of a lateral force of the spool valve with multiple-grooves of which the width and depth are even larger than the clearance under cavitation