NetApp (NTAP) Tops Q1 EPS by 1c, Offers Guidance
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NetApp Reports First Quarter of Fiscal Year 2026 Results
August 27, 2025 4:01 PM EDTNet revenues of $1.56 billion for the first quarter
News Summary
NetApp achieved the #1 market share position in all-flash storage for calendar Q1 2025, as reported by IDC1 All-flash array revenue grew 6% year-over-year to $893 million in Q1, for an annualized net revenue run rate2 of $3.6 billion First-party and marketplace Public Cloud storage services revenue grew 33% year-over-year Billings3 of $1.51 billion in the first quarter grew 4% year-over-year, the seventh consecutive quarter of year-over-year growth Record first quarter cash provided by operations of $673 million; record first quarter free cash flow3... More