earnings
confidence high
sentiment negative
materiality 0.75
NetApp Q3 FY2025 revenue $1.64B (+2% YoY); EPS $1.44 GAAP / $1.91 non-GAAP; Q4 guidance below consensus
NetApp, Inc.
2025-Q3 EPS
reported $4.03
vs consensus $1.57
▲ beat
(+157.0%)
- Net revenues $1.64B (up 2% YoY); GAAP EPS $1.44 (vs $1.48), non-GAAP EPS $1.91 (vs $1.94). All-flash ARR $3.8B (+10% YoY).
- Q4 FY2025 revenue guidance $1.65B-$1.80B; non-GAAP EPS $1.84-$1.94. Full-year FY2025 revenue revised to $6.49B-$6.64B.
- Appointed Wissam Jabre as EVP and CFO effective March 10, 2025; announced sale of Spot FinOps business to Flexera.
- Returned $306M to shareholders via buybacks and dividends; next cash dividend $0.52 per share payable April 23.
- Hybrid Cloud segment rev $1.47B (flat), Public Cloud $174M (+15% YoY). Operating cash flow $385M vs $484M prior year.