Harvinder Bhela
On May 23, 2025, Harvinder Bhela informed the Company of his decision to transition from his role of Executive Vice President and Chief Product Officer by June 20, 2025.
Highest-materiality recent filing
NetApp reports Q4/FY2026 results (details not in filing) and adds $1B buyback
Press release issued May 28, 2026 for Q4 and fiscal year ended April 24, 2026.
Net revenues $1.713B (+4% YoY); GAAP EPS $1.67 (+16%), record non-GAAP EPS $2.12 (+11%).
NetApp Q2 FY2026: Revenue $1.71B (+3% YoY), record non-GAAP EPS $2.05, guides FY rev $6.63-6.88B
GAAP EPS $1.51, non-GAAP EPS $2.05 (record); net income $305M GAAP, $415M non-GAAP.
NetApp Q1 FY2026 revenue $1.56B, GAAP EPS $1.15; guides Q2 revenue $1.615-1.765B
Q1 net revenues $1.559B (+1% YoY); GAAP EPS $1.15 (-2%); non-GAAP EPS $1.55 (-1%).
NetApp reports Q4 results, authorizes $1.1B buyback, CPO to depart by June 20
Board authorized up to $1.1B in share repurchases with no expiration date.
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).
NetApp appoints Wissam Jabre as CFO effective March 10, 2025
Wissam Jabre, previously EVP/CFO at Western Digital, named NetApp EVP/CFO.
NetApp Q2 FY2025 revenue $1.66B (+6% YoY); GAAP EPS $1.42, non-GAAP $1.87; raises FY guidance
GAAP net income $299M vs $233M YoY; non-GAAP net income $392M vs $334M YoY.
NetApp Q1 revenue $1.54B, non-GAAP EPS $1.56; CFO Berry to retire
GAAP net income $248M ($1.17 EPS); non-GAAP net income $330M ($1.56 EPS), versus $0.69 and $1.15 YoY.
NetApp reports Q4/FY2024 results; Board authorizes $1B additional stock buyback
NetApp reported financial results for the fourth quarter and fiscal year ended April 26, 2024; press release contains details.
NetApp Q3 revenue $1.61B, up 5% YoY; GAAP EPS $1.48; record gross margins 72%
Net revenues $1.61B (+5% YoY); GAAP net income $313M vs $65M; GAAP EPS $1.48 vs $0.30.
NetApp Q2 FY24 revenue $1.56B (-6% YoY); non-GAAP EPS $1.58 (record) beats; gross margins 72% record
Revenue $1.56B down 6% YoY; GAAP EPS $1.10 vs $3.41 prior year; non-GAAP EPS record $1.58 vs $1.48.
NetApp to cut ~8% of workforce; expects $85-95M in restructuring charges
Workforce reduction of ~8% globally, substantially implemented by Q4 FY2023.
NetApp EVP and Chief Strategy Officer Matthew Fawcett to retire effective Feb 28, 2023
Matthew Fawcett to retire as EVP and Chief Strategy Officer, effective February 28, 2023.
NetApp Board authorizes additional $1 billion share repurchase program
Board authorized $1B additional common stock repurchase with no expiration date.
On May 23, 2025, Harvinder Bhela informed the Company of his decision to transition from his role of Executive Vice President and Chief Product Officer by June 20, 2025.
On March 21, 2025, the Board of Directors (the “Board”) of NetApp, Inc. (the “Company”) approved an increase in the number of authorized directors on the Board from nine (9) to ten (10) and appointed Frank Pelzer as a member of the Board to fill the vacancy created thereby.
On February 26, 2025, NetApp, Inc. (the “Company”) announced that, effective March 3, 2025, Elizabeth O’Callahan, currently the Executive Vice President, Chief Legal Officer, Interim Chief Human Resources Officer and Secretary of the Company, will permanently assume the responsibilities of the Chief Human Resources Officer and will also take on additional responsibilities related to the operations and administration of the Company, in addition to her current responsibilities.
Mr. Jabre will replace Michael J. Berry, who, as previously announced on August 28, 2024, informed the Company of his decision to retire from his role as the Company’s Executive Vice President and Chief Financial Officer.
On January 28, 2025, NetApp, Inc. (the “Company”) announced the appointment of Wissam Jabre, age 55, as Executive Vice President and Chief Financial Officer and as principal financial officer of the Company.
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.
On April 4, 2024, NetApp, Inc. (the “Company”) appointed Daniel De Lorenzo as the Company’s Vice President, Controller and Chief Accounting Officer and designated him as the Company’s principal accounting officer, each effective as of April 8, 2024.
On November 15, 2023, the Board of Directors (the “Board”) of NetApp, Inc. (“NetApp” or the “Company”) approved an increase in the number of authorized directors on the Board from nine (9) to ten (10) and appointed Anders Gustafsson as a member of the Board
Robert Parks informed NetApp, Inc. (the “Company”) of his intent to resign from his position as the Company’s Vice President and Chief Accounting Officer, effective September 15, 2023.
Michael J. Berry, the Company’s Executive Vice President and Chief Financial Officer, has been designated as the Company’s principal accounting officer on an interim basis, effective upon Mr. Parks’ departure.
Matthew Fawcett informed the Company of his intent to retire from his position as the Company’s Executive Vice President and Chief Strategy Officer effective February 28, 2023.
On February 8, 2022, Mr. Anderson and the Company mutually agreed that Mr. Anderson will retire effective February 15, 2022.
Max materiality 0.85 · Median 0.50 · Most common event earnings