secwatch.observer — SEC 8-K summary
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Issuer:     NetApp, Inc. (NTAP)
CIK:        0001002047
Form:       8-K
Filed at:   2026-09-02T20:05:16+00:00
Accession:  0001002047-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NetApp Q1 FY27: record revenue $2.03B (+30% YoY), EPS $2.58, raises FY27 guidance
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- Record Q1 FY27 revenue $2.03B (+30% YoY); all-flash array revenue $1.3B (+47%), Public Cloud $206M (+28%).
- GAAP EPS $1.88 (+63% YoY); record non-GAAP EPS $2.58 (+66%); net income $375M GAAP, $515M non-GAAP.
- FY27 revenue guidance raised to $7.975-8.225B; non-GAAP EPS $9.73-10.03; Q2 revenue $2.025-2.175B.
- GAAP operating margin 23.9%, non-GAAP 31.9%; Q1 billings $2.06B (+36%).
- Acquired DataPelago, Inc. (AI data infrastructure); dividend $0.52/share payable Oct 28 to holders of record Oct 9.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002047/000100204726000003/0001002047-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002047/000100204726000003/ntap-20260902.htm
  HTML page:      https://secwatch.observer/filing/0001002047-26-000003

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