NetApp Non-GAAP EPS of $1.55 beats by $0.01, revenue of $1.56B beats by $20M

2025-08-27 16:05:22 ET

• NetApp press release ( NASDAQ: NTAP ): Q1 Non-GAAP EPS of $1.55 beats by $0.01 .
• Revenue of $1.56B (+1.3% Y/Y) beats by $20M .

• Second Quarter of Fiscal Year 2026 Financial Outlook
  The Company provided the following financial guidance for the second quarter of fiscal year 2026:
  Net revenues are expected to be in the range of:	$1.615 billion - $1.765 billion
  	GAAP		Non-GAAP
  Consolidated gross margins are expected to be in the range of:	69.5% - 70.5%		70.5% - 71.5%
  Operating margins are expected to be in the range of:	22% - 23%		28% - 29%
  Earnings per share is expected to be in the range of:	$1.35 - $1.45		$1.84 - $1.94
  Full Fiscal Year 2026 Financial Outlook
  The Company provided the following financial guidance for the full fiscal year 2026:
  Net revenues are expected to be in the range of:	$6.625 billion - $6.875 billion
  	GAAP		Non-GAAP
  Consolidated gross margins are expected to be in the range of:	70% - 71%		71% - 72%
  Operating margins are expected to be in the range of:	22.8% - 23.8%		28.8% - 29.8%
  Earnings per share is expected to be in the range of:	$5.72 - $6.02		$7.60 - $7.90

• Shares -7.25% AH.

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