earnings
confidence high
sentiment neutral
materiality 0.65
NetApp Q1 FY2026 revenue $1.56B, GAAP EPS $1.15; guides Q2 revenue $1.615-1.765B
NetApp, Inc.
2025-Q1 EPS reported
$1.15
revenue$1,559,000,000
- Q1 net revenues $1.559B (+1% YoY); GAAP EPS $1.15 (-2%); non-GAAP EPS $1.55 (-1%).
- All-flash array revenue $893M (+6% YoY); Public Cloud storage services revenue up 33% YoY.
- Record Q1 operating cash flow $673M; free cash flow $620M; returned $404M to stockholders.
- Q2 FY2026 guidance: revenue $1.615B-$1.765B; non-GAAP EPS $1.84-$1.94.
- Full FY2026 guidance: revenue $6.625B-$6.875B; non-GAAP EPS $7.60-$7.90.
item 2.02item 9.01