---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-101383"
form_type: "8-K"
ticker: "NTAP"
cik: "0001002047"
company_name: "NetApp, Inc."
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:05:42.823366+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NetApp Q1 revenue $1.54B, non-GAAP EPS $1.56; CFO Berry to retire

## Summary
- GAAP net income $248M ($1.17 EPS); non-GAAP net income $330M ($1.56 EPS), versus $0.69 and $1.15 YoY.
- Hybrid Cloud revenue $1.38B, Public Cloud $159M; all-flash ARR $3.4B, up 21% YoY.
- Q2 guidance: revenue $1.565B–$1.715B, non-GAAP EPS $1.73–$1.83; FY25 forecast maintained.
- CFO Mike Berry to retire by May 23, 2025; company to conduct search for successor.
- Returned $507M to shareholders via buybacks and dividends; next dividend $0.52/share payable Oct 23.

## SEC filing metadata
- accession: 0000950170-24-101383
- form_type: 8-K
- ticker: NTAP
- cik: 0001002047
- company_name: NetApp, Inc.
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002047/000095017024101383/0000950170-24-101383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002047/000095017024101383/ntap-20240822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-101383
- JSON: https://secwatch.observer/filing/0000950170-24-101383.json
- Plain text: https://secwatch.observer/filing/0000950170-24-101383.txt

## Key facts
- Executive change
  Michael J. Berry changed role as Executive Vice President and Chief Financial Officer at NetApp, Inc..
  - Action: transition
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 22, 2024, Michael J. Berry informed the Company of his decision to transition from his role of Executive Vice President and Chief Financial Officer by May 23, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1002047/000095017024101383/0000950170-24-101383-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.