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NetApp (NTAP)
NASDAQ:NTAP
Earnings Data
Report Date
Aug 27, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
1.54Last Year’s EPS
1.56Same Quarter Last Year
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 30, 2025
|% Change Since: 3.38%
|Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted record revenue achievements, significant growth in all-flash arrays and cloud services, and strong AI business expansion. However, challenges such as macroeconomic uncertainties, potential impacts from the divestiture, and geopolitical concerns were noted, leading to a cautious outlook for fiscal year 2026.Company Guidance
In the recent earnings call, NetApp provided detailed guidance for fiscal year 2026, highlighting several key metrics. The company expects total revenue to range between $6.625 billion and $6.875 billion, indicating a 3% year-over-year growth at the midpoint. Excluding the divested Spot business, this implies a 4% growth. For the first quarter, revenue is projected to be between $1.455 billion and $1.605 billion, with a midpoint indicating a 1% year-over-year decline due to the divestiture. NetApp anticipates consolidated gross margins for FY26 to be between 71% and 72%, with operating margins expected to range from 28.8% to 29.8%. Earnings per share (EPS) are projected to be between $7.60 and $7.90. The company plans to return up to 100% of free cash flow to shareholders through dividends and share buybacks. Moreover, NetApp is poised to capitalize on growth opportunities in AI and public cloud services, with substantial investments in R&D and sales capacity aimed at capturing additional market share.Record Revenue Achievement
NetApp achieved record revenue for the fourth quarter and fiscal year 2025, driven by strong growth in all-flash storage and cloud services, marking all-time highs for gross profit, operating profit, operating margin, and EPS.
Significant Growth in All-Flash Array
All-flash array annualized revenue run rate grew 14% year over year to a record $4.1 billion, gaining 300 basis points of market share in calendar 2024.
Strong Public Cloud Segment Growth
First-party and marketplace cloud storage services grew 44% year over year in Q4, contributing to a 22% growth in the public cloud segment, excluding divested Spark business.
AI Business Expansion
NetApp's AI business grew fivefold year over year in Q4, closing approximately 150 AI infrastructure and data lake modernization deals.
Financial Performance and Shareholder Returns
Q4 operating margin reached 28.6%, the highest for a Q4 in NetApp's history, and EPS grew 7% year over year with $355 million returned to shareholders through share repurchases and dividends.
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 |
|---|---|---|---|
May 30, 2025 | $99.16 | $98.77 | -0.39% |
Feb 27, 2025 | $117.47 | $99.17 | -15.58% |
Nov 21, 2024 | $125.31 | $121.02 | -3.42% |
Aug 28, 2024 | $129.93 | $117.41 | -9.64% |
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 Aug 27, 2025, TBA Not Confirmed.
What is NetApp (NTAP) earnings time?
NetApp (NTAP) earnings time is at Aug 27, 2025, TBA Not 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 (Q1) is 1.54.
