AI English summary of an SEC filing — figures as filed
NetApp NTAPNetApp said net revenues for fiscal 2025 were $6.57 billion, an increase of 5% compared to $6.27 billion in the prior year, and net revenues for Q4 were $1.73 billion, an increase of 4% compared to $1.67 billion in the prior-year quarter.
Key points
AI summaryNetApp said net revenues for fiscal 2025 were $6.57 billion, an increase of 5% compared to $6.27 billion in the prior year, and net revenues for Q4 were $1.73 billion, an increase of 4% compared to $1.67 billion in the prior-year quarter.
The company reported GAAP net income of $1.19 billion for fiscal 2025, compared to $986 million in the prior year, and non-GAAP net income of $1.52 billion, compared to $1.38 billion in the prior year. GAAP diluted net income per share was $5.67, compared to $4.63 in the prior year.
NetApp said cash provided by operations for fiscal 2025 was $1.51 billion, compared to $1.69 billion in the prior year, and the company returned $1.57 billion to stockholders through share repurchases and cash dividends. On May 22, 2025, the Board of Directors authorized the repurchase of up to an additional $1.1 billion of the company's common stock, with no expiration date.
The company provided guidance for full-year fiscal 2026 net revenues in the range of $6.625 billion to $6.875 billion and non-GAAP diluted net income per share in the range of $7.60 to $7.90. GAAP diluted net income per share is expected to be in the range of $5.80 to $6.10.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Full-Year and Q4 Net Revenue Growth
NetApp said net revenues for fiscal 2025 were $6.57 billion, an increase of 5% compared to $6.27 billion in the prior year, and net revenues for Q4 were $1.73 billion, an increase of 4% compared to $1.67 billion in the prior-year quarter.
Source · Based on the filing body and exhibits
Full-Year GAAP and Non-GAAP Net Income and Diluted Net Income Per Share
The company reported GAAP net income of $1.19 billion for fiscal 2025, compared to $986 million in the prior year, and non-GAAP net income of $1.52 billion, compared to $1.38 billion in the prior year. GAAP diluted net income per share was $5.67, compared to $4.63 in the prior year.
Source · Based on the filing body and exhibits
Full-Year Operating Cash Flow, Shareholder Returns and New Share Repurchase Authorization
NetApp said cash provided by operations for fiscal 2025 was $1.51 billion, compared to $1.69 billion in the prior year, and the company returned $1.57 billion to stockholders through share repurchases and cash dividends. On May 22, 2025, the Board of Directors authorized the repurchase of up to an additional $1.1 billion of the company's common stock, with no expiration date.
Source · Based on the filing body and exhibits
Fiscal 2026 Full-Year Guidance
The company provided guidance for full-year fiscal 2026 net revenues in the range of $6.625 billion to $6.875 billion and non-GAAP diluted net income per share in the range of $7.60 to $7.90. GAAP diluted net income per share is expected to be in the range of $5.80 to $6.10.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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