NetApp reported net revenues of $1,705 million for Q2 of fiscal 2026, ended October 24, 2025, GAAP net income of $305 million, and GAAP diluted earnings per share of $1.51, compared with $1,658 million, $299 million, and $1.42 in the prior-year period.

1. 01

   NetApp reported net revenues of $1,705 million for Q2 of fiscal 2026, ended October 24, 2025, GAAP net income of $305 million, and GAAP diluted earnings per share of $1.51, compared with $1,658 million, $299 million, and $1.42 in the prior-year period.

2. 02

   The company said it recorded GAAP operating profit of $399 million and a GAAP operating margin of 23.4% in Q2, with non-GAAP operating profit of $530 million and a non-GAAP operating margin of 31.1%.

3. 03

   NetApp reported that cash provided by operating activities in Q2 was $127 million, purchases of property and equipment were $49 million, and it repurchased shares for $250 million and paid dividends of $103 million during the quarter.

4. 04

   The company provided guidance for Q3 of fiscal 2026 net revenues of $1.615 billion to $1.765 billion and full-year net revenues of $6.625 billion to $6.875 billion, and said full-year GAAP earnings per share guidance is $5.82 to $6.12.

Analysis 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.

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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