From Financial Modeling Prep: 2025-05-30 16:17:00

NetApp (NASDAQ:NTAP) ended its fiscal fourth quarter with adjusted earnings of $1.93 per share, beating analyst estimates, and revenue of $1.73 billion, up 4% year-over-year. However, the company’s forecast for the upcoming quarter fell short of expectations, with projected earnings of $1.48 to $1.58 per share on revenue between $1.46 billion and $1.61 billion.

Despite posting record annual revenue of $6.57 billion and an all-time high in non-GAAP operating profit at $1.86 billion, NetApp’s cautious guidance for the next quarter led to negative investor sentiment. Operating margins reached 28%, showcasing efficiency gains, but the company’s strong full-year performance was overshadowed by the lukewarm forecast.



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