NetApp Reports Third Quarter of Fiscal Year 2026 Results
NetApp, Inc. (NTAP)
Last netapp, inc. earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
investors.netapp.com
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Source: Business Wire
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 SummaryAll-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 billionPublic Cloud revenue of $174 million in the third quarter was driven by first-party and marketplace storage services, which grew 27% year-over-yearBillings of $1.89 billion in the third quarter grew 10% year-over-year, the ninth consecutive quarter of year-over-year growthThird quarter GAAP operating income of $434 million; record non-GAAP operating income of $533 millionThird quarter GAAP operating margin of 25.3%; record third quarter non-GAAP operating margin of 31.1%Returned $303 million to stockholders through share repurchases and cash dividends SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company,
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NTAP
News
- NetApp (NTAP) had its price target raised by Citigroup Inc. from $110.00 to $114.00. They now have a "neutral" rating on the stock.MarketBeat
- NetApp (NTAP) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b-)".MarketBeat
- NetApp Q3 Earnings Beat Estimates on Healthy Top-Line Growth [Yahoo! Finance]Yahoo! Finance
- Seagate vs. NetApp: Which Data Storage Stock is the Smarter Buy? [Yahoo! Finance]Yahoo! Finance
- NetApp (NTAP) had its "neutral" rating reaffirmed by Wedbush. They now have a $115.00 price target on the stock.MarketBeat
NTAP
Earnings
- 2/26/26 - Beat
NTAP
Sec Filings
- 2/26/26 - Form 10-Q
- 2/26/26 - Form 8-K
- 2/19/26 - Form 4
- NTAP's page on the SEC website