Form 8-K · Current report
NetApp 8-K, filed Sep 2, 2026
- Filed
- CIK
- 0001002047
- Accession no.
- 0001002047-26-000003
Summary
NetApp reported record first-quarter fiscal 2027 net revenues of $2.03 billion, up 30% year over year, with GAAP earnings per share of $1.88 and non-GAAP earnings per share of $2.58, and raised its full-year fiscal 2027 revenue and earnings per share guidance. NetApp also said it acquired DataPelago, Inc., an AI data infrastructure company, and appointed Alvaro Celis as Chief Partner and Ecosystem Officer.
Key points
- First-quarter fiscal 2027 all-flash array net revenue was a record $1.3 billion, up 47% year over year, and Public Cloud net revenue was a record $206 million, up 28%.
- Billings were $2.06 billion, up 36% year over year, with GAAP operating margin of 23.9% and non-GAAP operating margin of 31.9%.
- NetApp guided second-quarter fiscal 2027 net revenues to $2.025 billion–$2.175 billion and full-year fiscal 2027 net revenues to $7.975 billion–$8.225 billion.
- NetApp declared a cash dividend of $0.52 per share payable October 28, 2026, to stockholders of record as of October 9, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On September 2, 2026, NetApp, Inc. ("NetApp" or the "Company") issued a press release reporting financial results for the first quarter ended July 31, 2026. The press release is furnished herewith as Exhibit 99.1, to this Current Report. NetApp is making reference to non-GAAP financial information in both the press release and the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.