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NetApp Inc.
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NetApp Inc.

NetApp Announces Strong Q3 FY26 Financial Results and Financial Guidance

| 8-K |Technology

Summary

NetApp, Inc. reported financial results for the third quarter of fiscal year 2026, ending January 23, 2026, with a 4% year-over-year increase in net revenues to $1.71 billion and a 16% increase in GAAP earnings per share (EPS) to $1.67. The company also announced a record non-GAAP EPS of $2.12 and strong growth in various segments. For the fourth quarter of fiscal year 2026, NetApp expects net revenues between $1.795 billion and $1.945 billion and non-GAAP EPS between $2.21 and $2.31. The company provided financial guidance for the full fiscal year 2026, with net revenues expected between $6.772 billion and $6.922 billion and non-GAAP EPS between $7.92 and $8.02.

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Earnings Beat General Statement Raised Guidance

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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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