Sep 2, 4:05 PM ET
NetApp reported first-quarter fiscal 2027 net revenues of $2.03 billion, up 30% from a year earlier, with GAAP earnings per share of $1.88 versus $1.15 and non-GAAP earnings per share of $2.58 versus $1.55. The company raised its full-year fiscal 2027 revenue and earnings per share guidance, but operating cash flow of $503 million and free cash flow of $401 million both declined year over year.
- Net revenues $2.025 billion vs. $1.559 billion; GAAP net income $375 million vs. $233 million
- Full-year fiscal 2027 net revenue guidance $7.975 billion to $8.225 billion; non-GAAP EPS guidance $9.73 to $10.03
- Net cash from operating activities $503 million, down 25%; free cash flow $401 million, down 35%
- Next quarterly dividend of $0.52 per share payable October 28, 2026, to holders of record October 9, 2026
Read the filing on SEC.gov ↗
May 28, 4:05 PM ET
NetApp reported fourth-quarter fiscal 2026 net revenue of $1.95 billion, up 12% year over year, and GAAP diluted earnings per share of $2.03, up from $1.65. The company also gave fiscal 2027 guidance of $7.325 billion to $7.575 billion in net revenue and GAAP earnings per share of $6.51 to $6.81, and its board authorized up to an additional $1.0 billion in share repurchases on May 21, 2026.
- Q4 fiscal 2026 net revenue $1.95 billion (up 12%); GAAP net income $404 million (up 19%)
- Fiscal 2026 net revenue $6.93 billion (up 5%); GAAP diluted EPS $6.35 versus $5.67
- Fiscal 2027 GAAP EPS guidance $6.51 to $6.81; Q1 fiscal 2027 GAAP EPS guidance $1.35 to $1.45
- Board authorized up to an additional $1.0 billion in common stock repurchases with no expiration date
Read the filing on SEC.gov ↗
Feb 26, 4:05 PM ET
NetApp reported third-quarter fiscal 2026 results for the quarter ended January 23, 2026, with net revenues of $1.71 billion, up 4% year over year, and GAAP diluted earnings per share of $1.67, up from $1.44. The company also guided fourth-quarter net revenues to $1.795 billion to $1.945 billion and full-year fiscal 2026 GAAP EPS to $6.07 to $6.17, which matters to shareholders because it sets the company's near-term financial expectations.
- Net revenues were $1.71 billion, up 4% from $1.64 billion; billings were $1.89 billion, up 10%.
- GAAP diluted EPS was $1.67 versus $1.44 a year earlier; non-GAAP diluted EPS was $2.12 versus $1.91.
- Fourth-quarter fiscal 2026 net revenue guidance is $1.795 billion to $1.945 billion, with GAAP EPS of $1.76 to $1.86.
- Cash provided by operations was $317 million, down 18% from $385 million; the company returned $303 million to stockholders.
Read the filing on SEC.gov ↗
Jan 12, 4:16 PM ET
NetApp's board increased its size from nine to ten authorized directors and appointed Paul Fipps, President of Global Customer Operations at ServiceNow, to fill the new seat, effective with the January 8, 2026 board action. The company said nine of the ten directors are independent, and Fipps will join the non-employee director compensation program. The filing contains no financial results or guidance, so the appointment is a governance change rather than a change to the company's financial outlook.
- Board approved on January 8, 2026 to increase authorized directors from nine to ten and appointed Paul Fipps to fill the vacancy.
- Fipps is President of Global Customer Operations at ServiceNow, previously EVP of Worldwide Sales at ServiceNow and President of Under Armour Connected Fitness.
- NetApp says nine of its ten directors are independent and 50% were appointed within the last five years.
- Fipps will receive compensation under the non-employee director program and is expected to sign the standard indemnification agreement.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.