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NetApp, Inc. (NTAP) stock

NTAPNasdaqComputer Storage DevicesFiscal year ends April 24
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 18/3027% above fair value
$199.18−19.24 (-8.81%)

Close on Oct 30, 2026Market cap $39.12BP/E 28.1Yield 1.04%

Earnings

NetApp's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Nov 24, 2026
Q2 FY2027 · estimated, after the close
Revenue, Q1 FY2027
$2.03B
+30.2% on a year earlier
non-GAAP earnings per share, Q1 FY2027
$2.58
$1.55 a year earlier
Latest guidance
Raised
Sep 2, 2026 · 8 items

Quarterly results

Revenue and earnings per share from each of NetApp's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q2 FY2027ended Oct 24, 2026Nov 24, 2026Expected–––––
Q1 FY2027ended Jul 31, 2026Sep 2, 2026after the close$2.03B+30.2%$1.88$2.58Release
Q4 FY2026ended Apr 24, 2026May 28, 2026after the close$1.95B+12.7%$2.03$2.43Release
Q3 FY2026ended Jan 23, 2026Feb 26, 2026after the close$1.71B+4.3%$1.67$2.12Release
Q2 FY2026ended Oct 24, 2025Nov 25, 2025after the close$1.71B+3.0%$1.51$2.05Release
Q1 FY2026ended Jul 25, 2025Aug 27, 2025after the close$1.56B+1.2%$1.15$1.55Release
Q4 FY2025ended Apr 25, 2025May 29, 2025after the close$1.73B+3.6%$1.65$1.93Release
Q3 FY2025ended Jan 24, 2025Feb 27, 2025after the close$1.64B+1.9%$1.44$1.91Release
Q2 FY2025ended Oct 25, 2024Nov 21, 2024after the close$1.66B+6.4%$1.42$1.87Release
Q1 FY2025ended Jul 26, 2024Aug 28, 2024after the close$1.54B+7.7%$1.17$1.56Release
Q4 FY2024ended Apr 26, 2024May 30, 2024after the close$1.67B+5.7%$1.37$1.80Release
Q3 FY2024ended Jan 26, 2024Feb 29, 2024after the close$1.61B+5.2%$1.48$1.94Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

NetApp's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Net revenuesQ2 FY2027$2.03B – $2.18B–NewSep 2, 2026
Consolidated gross marginsGAAPQ2 FY202766% – 67%–NewSep 2, 2026
Operating marginsGAAPQ2 FY202724.9% – 25.9%–NewSep 2, 2026
Earnings per shareGAAPQ2 FY2027$1.97 – $2.07–NewSep 2, 2026
Net revenuesFY2027$7.98B – $8.23B$7.33B – $7.58BRaisedSep 2, 2026
Consolidated gross marginsGAAPFY202767.1% – 68.1%67.5% – 68.5%LoweredSep 2, 2026
Consolidated gross marginsnon-GAAPFY202768.5% – 69.5%–NewMay 28, 2026
Operating marginsGAAPFY202724.3% – 25.3%22.1% – 23.1%RaisedSep 2, 2026
Operating marginsnon-GAAPFY202729.1% – 30.1%–NewMay 28, 2026
Earnings per shareGAAPFY2027$7.35 – $7.65$6.51 – $6.81RaisedSep 2, 2026
Earnings per sharenon-GAAPFY2027$8.70 – $9.00–NewMay 28, 2026

Guidance vs results

The last range NetApp gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
Q1 FY2027Earnings per share$2.05 – $2.15$2.58Above range
Q1 FY2027EPS (GAAP)$1.35 – $1.45$1.88Above range
Q1 FY2027Revenue$1.75B – $1.90B$2.03BAbove range
FY2026Earnings per share$7.92 – $8.02$8.15Σ4QAbove range
FY2026EPS (GAAP)$6.07 – $6.17$6.36Σ4QAbove range
FY2026Revenue$6.77B – $6.92B$6.93BΣ4QAbove range
Q4 FY2026Earnings per share$2.21 – $2.31$2.43Above range
Q4 FY2026EPS (GAAP)$1.76 – $1.86$2.03Above range
Q4 FY2026Revenue$1.80B – $1.95B$1.95BAbove range
Q3 FY2026Earnings per share$2.01 – $2.11$2.12Above range
Q3 FY2026EPS (GAAP)$1.52 – $1.62$1.67Above range
Q3 FY2026Revenue$1.62B – $1.77B$1.71BWithin range

Guidance history

Every forecast NetApp put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Sep 2, 2026Earnings per shareQ2 FY2027$1.97 – $2.07New
Sep 2, 2026Earnings per shareFY2027$7.35 – $7.65Raised
Sep 2, 2026Consolidated gross marginsFY202767.1% – 68.1%Lowered
Sep 2, 2026Consolidated gross marginsQ2 FY202766% – 67%New
Sep 2, 2026Operating marginsFY202724.3% – 25.3%Raised
Sep 2, 2026Operating marginsQ2 FY202724.9% – 25.9%New
Sep 2, 2026Net revenuesFY2027$7.98B – $8.23BRaised
Sep 2, 2026Net revenuesQ2 FY2027$2.03B – $2.18BNew
May 28, 2026Earnings per shareFY2027$8.70 – $9.00New
May 28, 2026Earnings per shareQ1 FY2027$2.05 – $2.15New
May 28, 2026Earnings per shareFY2027$6.51 – $6.81New
May 28, 2026Earnings per shareQ1 FY2027$1.35 – $1.45New
May 28, 2026Consolidated gross marginsFY202767.5% – 68.5%New
May 28, 2026Consolidated gross marginsFY202768.5% – 69.5%New
May 28, 2026Consolidated gross marginsQ1 FY202768.1% – 69.1%New
May 28, 2026Consolidated gross marginsQ1 FY202769.1% – 70.1%New
May 28, 2026Operating marginsQ1 FY202728.4% – 29.4%New
May 28, 2026Operating marginsFY202729.1% – 30.1%New
May 28, 2026Operating marginsQ1 FY202719.4% – 20.4%New
May 28, 2026Operating marginsFY202722.1% – 23.1%New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases NetApp filed with the SEC as exhibits to Form 8-K or 6-K

  1. Results
  2. Results
  3. Results
  4. Update
  5. Results
  6. Results
  7. Results
  8. Update
  9. Results
  10. Results
  11. Results
  12. Results
  13. Results
  14. Results
  15. Results