NetApp said GAAP net revenues for Q1 of fiscal 2026, ended July 25, 2025, were $1,559 million, up 1% from $1,541 million in the prior-year period, and GAAP net income was $233 million, down 6%.

1. 01

   NetApp said GAAP net revenues for Q1 of fiscal 2026, ended July 25, 2025, were $1,559 million, up 1% from $1,541 million in the prior-year period, and GAAP net income was $233 million, down 6%.

2. 02

   The company said cash provided by operations for Q1 of fiscal 2026 was $673 million, up 97% from $341 million in the prior-year period, and free cash flow, after deducting purchases of property and equipment of $53 million, was $620 million.

3. 03

   NetApp said it returned $404 million to stockholders through share repurchases and cash dividends in Q1, and paid $750 million for debt repayment and extinguishment as shown in the cash flow statement.

4. 04

   The company said net revenues for Q2 are expected to be $1.615 billion to $1.765 billion, full-year 2026 net revenues are expected to be $6.625 billion to $6.875 billion, and full-year non-GAAP earnings per share are expected to be $7.60 to $7.90.

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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

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