NetApp Q3 revenue rises 4% to $1.71 billion; GAAP EPS up 16% to $1.67
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.
Key points
- 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.
The filing
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 26, 2026.
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.