NetApp (NTAP) Tops Q3 EPS by 5c, Beats on Revenue; Offers FY26 EPS Guidance

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NetApp Reports Third Quarter of Fiscal Year 2026 Results

February 26, 2026 4:01 PM EST

Net revenues of $1.71 billion for the third quarter, 4% year-over-year increase; Third quarter GAAP earnings per share of $1.67; record non-GAAP earnings per share of $2.12 

News Summary

All-flash array revenue grew 11% year-over-year to a record $1.0 billion in the third quarter, for an annualized net revenue run rate1 of $4.2 billion Public Cloud revenue of $174 million in the third quarter was driven by first-party and marketplace storage services, which grew 27% year-over-year Billings of $1.89 billion in the third quarter grew 10% year-over-year, the ninth consecutive quarter of year-over-year growth Third... More