NetApp to Report Q1 26 Earnings at 5:30 PM ET

NetApp will host a conference call at 5:30 PM ET on August 27, 2025, to discuss Q1 26 earnings results. The call can be accessed by logging onto https://investors.netapp.com/events/event-details/netapp-first-quarter-fiscal-year-2026-results.

NetApp, Inc. (NTAP) is scheduled to release its first-quarter fiscal 2026 earnings on August 27, after the closing bell. The company expects non-GAAP earnings per share to be between $1.48 and $1.58 for the quarter. The Zacks Consensus Estimate is currently pegged at $1.54 per share, representing a 1.3% fall from the year-ago level. Net sales are anticipated to be in the range of $1.455 billion to $1.605 billion. The Zacks Consensus Estimate is pegged at $1.54 billion, implying a 0.1% slide from the prior-year reported number [1].

Key factors to note for NTAP’s Q1 earnings include increasing momentum across the all-flash portfolio, particularly in Keystone adoption and growth in first-party and marketplace cloud storage services. The company remains committed to capitalizing on enterprise AI and advancing its all-flash and cloud portfolios, with these segments expected to drive sustained performance going forward. NetApp’s all-flash array annualized revenue run rate rose 14% year over year in the fiscal fourth quarter to a record $4.1 billion. All-flash accounted for roughly two-thirds of the Hybrid Cloud segment revenue, with 44% of systems under active support contracts now all-flash [1].

The accelerating enterprise AI market is prompting customers to modernize data infrastructure, advance cloud transformations, and strengthen cyber resiliency. NetApp is engaged in negotiations for significant AI and data modernization deals with several large enterprises, expected to close later this year, boosting the long-term growth outlook. In the last reported quarter, NetApp’s Public Cloud segment grew 8% to $164 million, with first-party and marketplace storage services up 44% and comprising about 75% of revenues. Excluding the Spot divestiture, growth was 22% year over year. Strong hyperscaler partnerships with Amazon and Microsoft position NetApp as a key player in cloud infrastructure as enterprises accelerate cloud migration. The Total Public Cloud segment revenue is expected to be $173 million, up 8.9% year over year in the fiscal first quarter [1].

However, the global macroeconomic environment remains uncertain, marked by slowing growth, persistent inflation pressures, and elevated volatility. NetApp anticipates increased customer spending caution, along with continued challenges in the U.S. Public Sector and EMEA. These factors are likely to weigh on its outlook.

NetApp will host a conference call at 5:30 PM ET on August 27, 2025, to discuss Q1 2026 earnings results. The call can be accessed by logging onto https://investors.netapp.com/events/event-details/netapp-first-quarter-fiscal-year-2026-results [2].

References:
[1] https://www.nasdaq.com/articles/netapp-set-report-q1-earnings-key-performance-drivers-watch
[2] https://www.nasdaq.com/articles/netapp-q1-26-earnings-conference-call-5-30-pm-et