
NetApp (NTAP) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
NetApp (NTAP) last issued guidance on September 2, 2026 for fiscal year 2027. The company guided earnings per share in the range of $9.73 - $10.03, compared to a consensus EPS estimate of $8.68. NetApp also guided revenue in the range of $7.97B - $8.22B for the period.
Compared to prior guidance, NetApp raised its EPS outlook from a previous range of $8.7 - $9. On the revenue side, the company raised its revenue forecast from a prior range of $7.33B - $7.58B.
NetApp has issued 32 guidance updates between November 29, 2022 and September 2, 2026. During this period, the company raised its outlook 11 times and lowered it 15 times, providing investors with insight into management's evolving expectations.
| Metric | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.04 | $2.19 | $1.91 | $1.73 |
| Actual | $2.58 | $2.43 | $2.12 | $2.05 |
| Surprise | +26.5% | +11.0% | +11.0% | +18.5% |
| Revenue | ||||
| Estimate | $1.84B | $1.87B | $1.69B | $1.69B |
| Actual | $2.02B | $1.95B | $1.71B | $1.71B |
| Surprise | +10.2% | +4.24% | +1.17% | +1.03% |
| Metric | Q2 '27E | Q3 '27E | Q4 '27E | Q1 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $2.51 | $2.29 | $2.08 | $2.02 |
| Revenue | ||||
| Consensus | $2.10B | $1.98B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | Sep 2, 2026 | $2.58 | $2.04 | 26.5 % |
| Q4 | May 28, 2026 | $2.43 | $2.19 | 11.0 % |
| Q3 | Feb 26, 2026 | $2.12 | $1.91 | 11.0 % |
| Q2 | Nov 25, 2025 | $2.05 | $1.73 | 18.5 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | Sep 2, 2026 | $2.03B | $1.84B | 10.2 % |
| Q4 | May 28, 2026 | $1.95B | $1.87B | 4.24 % |
| Q3 | Feb 26, 2026 | $1.71B | $1.69B | 1.17 % |
| Q2 | Nov 25, 2025 | $1.71B | $1.69B | 1.03 % |