WOLF(@WOLF_Financial):NETAPP $NTAP JUST REPORTED Q1 FY2027 EARNINGS - Revenue: $2.03B, beating expectations of $1.84B 🟢 - Non-GAAP EPS: $2.58, beating expectations of $2.12 🟢 - GAAP EPS: $1.88, +63% year over year - Billings: $2.06B, +36% - All-flash array revenue: $1.3B, +47%, a record - Public Cloud revenue: $206M, +28%, a record - GAAP operating margin: 23.9% - Non-GAAP operating margin: 31.9% - Free cash flow: $401M, -35% Q2 guidance: - Revenue: $2.025B-$2.175B - Non-GAAP EPS: $2.54-$2.64 Full-year FY2027 guidance, raised per the company: - Revenue: $7.975B-$8.225B - Non-GAAP EPS: $9.73-$10.03 CEO George Kurian said the company exceeded guidance on every metric. NetApp also acquired AI data infrastructure company DataPelago and declared a $0.52 dividend payable October 28.

2026.09.02 20:15

NETAPP $NTAP JUST REPORTED Q1 FY2027 EARNINGS - Revenue: $2.03B, beating expectations of $1.84B 🟢 - Non-GAAP EPS: $2.58, beating expectations of $2.12 🟢 - GAAP EPS: $1.88, +63% year over year - Billings: $2.06B, +36% - All-flash array revenue: $1.3B, +47%, a record - Public Cloud revenue: $206M, +28%, a record - GAAP operating margin: 23.9% - Non-GAAP operating margin: 31.9% - Free cash flow: $401M, -35% Q2 guidance: - Revenue: $2.025B-$2.175B - Non-GAAP EPS: $2.54-$2.64 Full-year FY2027 guidance, raised per the company: - Revenue: $7.975B-$8.225B - Non-GAAP EPS: $9.73-$10.03 CEO George Kurian said the company exceeded guidance on every metric. NetApp also acquired AI data infrastructure company DataPelago and declared a $0.52 dividend payable October 28.