NetApp Non-GAAP EPS of $2.05 beats by $0.17, revenue of $1.71B beats by $20M

2025-11-25 16:12:43 ET

• NetApp press release ( NTAP ): Q2 Non-GAAP EPS of $2.05 beats by $0.17 .
• Revenue of $1.71B (+3.0% Y/Y) beats by $20M .

• Third Quarter of Fiscal Year 2026 Financial Outlook
  The Company provided the following financial guidance for the third 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:	71.3% - 72.3%		72.3% - 73.3%
  Operating margins are expected to be in the range of:	24.5% - 25.5%		30.5% - 31.5%
  Earnings per share is expected to be in the range of:	$1.52 - $1.62		$2.01 - $2.11
  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:	70.7% - 71.7%		71.7% - 72.7%
  Operating margins are expected to be in the range of:	23.5% - 24.5%		29.5% - 30.5%
  Earnings per share is expected to be in the range of:	$5.82 - $6.12		$7.75 - $8.05...

• Shares +4.95% AH.

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