NetApp Posts 107% Cash Flow Jump in Q1
(NASDAQ:NTAP), a leading provider of enterprise data storage and management solutions, reported its Q1 FY2026 earnings on August 27, 2025. The most important news from the release was that revenue (GAAP) came in at $1.56 billion, slightly ahead of the midpoint of non-GAAP guidance but only 1% above the prior year (GAAP). Non-GAAP earnings per share (EPS) was $1.55, exceeding estimates. It slipped 1.7% from the prior year (GAAP). Product gross margin (GAAP) saw a notable decline, but strong growth in cash flow and continued momentum in public cloud and all-flash product lines stood out. Overall, the quarter met expectations on the top line, showed stability in critical segments, and revealed ongoing headwinds in certain profitability metrics.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q4 2025 earnings report.
NetApp is a technology company specializing in enterprise data management, focusing on hardware and software solutions that help organizations store, manage, and protect vast amounts of digital data. Its customers include businesses ranging from small enterprises to the world’s largest companies, providing products for both private data centers and public cloud environments.
Source Fool.com
NetApp Inc. Stock
We see a rather positive sentiment for NetApp Inc. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 111 € shows a slightly positive potential of 6.63% compared to the current price of 104.1 € for NetApp Inc..
