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NetApp (NTAP)
NASDAQ:NTAP
Earnings Data
Report Date
Feb 26, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.06Last Year’s EPS
1.91Same Quarter Last Year
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call showed positive momentum with strong growth in revenue, especially in AI solutions, cloud, and flash services. However, challenges in the US public sector and weaker cash flow were notable concerns.Company Guidance
Strong Revenue Growth
Q2 revenue reached $1.71 billion, up 3% year over year. Excluding the divested spot business, revenue was up 4%.
All Flash and Public Cloud Success
All flash and public cloud accounted for 70% of Q2 revenue, contributing to a shift towards higher gross margins.
AI Solutions Demand
Closed approximately 200 AI infrastructure and data lake modernization deals, showcasing strong demand for AI solutions.
Keystone Growth
Keystone storage as a service saw a 76% year-over-year growth.
Cloud Revenue Increase
Public cloud revenue increased by 18% year over year when excluding the spot business.
Increased Deferred Revenue
Deferred revenue balance grew 8% year over year to $4.45 billion.
NTAP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NTAP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Oct 24, 2025 | $116.64 | $117.19 | +0.47% |
Aug 27, 2025 | $111.64 | $116.71 | +4.54% |
May 30, 2025 | $98.25 | $97.87 | -0.39% |
Feb 27, 2025 | $116.39 | $98.27 | -15.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does NetApp (NTAP) report earnings?
NetApp (NTAP) is schdueled to report earning on Feb 26, 2026, After Close (Confirmed).
What is NetApp (NTAP) earnings time?
NetApp (NTAP) earnings time is at Feb 26, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTAP EPS forecast?
NTAP EPS forecast for the fiscal quarter 2026 (Q3) is 2.06.
