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Sunnyvale Today
By the People, for the People
NetApp Updates FY 2026 Earnings Guidance
Raises EPS and revenue forecasts for the fiscal year
Published on Feb. 27, 2026
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NetApp (NASDAQ:NTAP) has issued an update on its fiscal year 2026 earnings guidance, providing an EPS range of $7.92 to $8.02 and revenue guidance of $6.8 billion to $6.9 billion. This compares to the previous consensus estimates of $7.29 for EPS and $6.8 billion for revenue. The company also updated its Q4 2026 EPS guidance to $2.21 to $2.31.
Why it matters
NetApp's updated guidance suggests the data storage provider is expecting stronger financial performance in the coming fiscal year, potentially signaling growth in its core business. As a major player in the data management and storage market, NetApp's outlook provides insights into industry trends and the company's competitive positioning.
The details
NetApp said it is raising its full-year fiscal 2026 EPS guidance to a range of $7.92 to $8.02, up from the previous consensus estimate of $7.29. The company also increased its revenue guidance for the year to $6.8 billion to $6.9 billion, compared to the prior consensus of $6.8 billion. Additionally, NetApp updated its Q4 2026 EPS guidance to $2.21 to $2.31.
- NetApp issued the updated guidance on Thursday, February 27, 2026.
The players
NetApp
A data management and storage company that delivers hybrid cloud data services for applications and data. NetApp is headquartered in Sunnyvale, California.
The takeaway
NetApp's improved earnings and revenue guidance for fiscal 2026 suggests the company is seeing strong demand for its data management and storage solutions, potentially signaling growth opportunities in the broader industry.
