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NetApp Inc.
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NetApp Inc.

NetApp Reports Q1 FY2026 Financial Results and Business Highlights

| 8-K |Technology

Summary

NetApp, Inc. reported Q1 FY2026 financial results on August 27, 2025, highlighting a solid start to the fiscal year. The company achieved the #1 market share position in all-flash storage for calendar Q1 2025, with all-flash array revenue growing 6% year-over-year to $893 million. Public Cloud storage services revenue grew 33% year-over-year, and billings grew 4% year-over-year to $1.51 billion. NetApp also provided a financial outlook for Q2 and full FY2026, including non-GAAP financial guidance. Additionally, the company announced several business highlights, such as new product innovations, strategic partnerships, and awards and recognition. NetApp issued a press release with detailed financial results and a reconciliation of GAAP to non-GAAP financial measures.

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About NetApp Inc.

NetApp Inc. is a leading provider of cloud data services and data management solutions worldwide. Specializing in data storage systems, the company helps organizations harness the full potential of their data in the cloud and in the data center environments. NetApp's portfolio includes cloud integration, data storage hardware, and software-defined storage services designed to simplify and optimize data management for businesses of all sizes. Serving industries such as technology, healthcare, financial services, and more, NetApp empowers its clients to store, manage, and analyze data efficiently, enhancing their competitive edge. The company's innovative solutions support both private and public cloud infrastructures, making it a significant player in the rapidly evolving cloud computing market. Founded in 1992 and headquartered in Sunnyvale, California, NetApp contributes substantially to the digital transformation journey of enterprises, highlighting its role in facilitating agile and secure data operations.

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