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AI brief of an SEC Form 8-K · NetApp (NTAP)

NetApp Q3 revenue rises 2% to $1.64 billion; GAAP EPS falls to $1.44

Mixed Impact 3 of 5 earnings Written later

NetApp reported third-quarter fiscal 2025 net revenues of $1.64 billion, up 2% year over year, while GAAP net income fell to $299 million and GAAP diluted EPS to $1.44 from $1.48. The company also gave fourth-quarter and updated full-year fiscal 2025 revenue and EPS ranges, and announced a new CFO effective March 10, 2025.

Key points

  • Q3 net revenues $1.64 billion vs. $1.61 billion a year earlier; non-GAAP EPS $1.91 vs. $1.94
  • Q3 GAAP net income $299 million vs. $313 million; cash provided by operations $385 million vs. $484 million
  • Q4 fiscal 2025 revenue guidance $1.65 billion-$1.80 billion; GAAP EPS $1.45-$1.55
  • Full-year fiscal 2025 revenue guidance $6.49 billion-$6.64 billion; quarterly dividend of $0.52 per share payable April 23, 2025

The filing

CompanyNetApp (NTAP)
Form8-K, current report
Filed with the SECFeb 27, 2025, 4:05 PM ET
Accession number0000950170-25-029022

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.