NTAP
NetApp Inc
NASDAQ: NTAP · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$108.65
+0.34% today
Updated 2026-04-29
Market cap
$21.52B
P/E ratio
18.23
P/S ratio
3.21x
EPS (TTM)
$5.96
Dividend yield
1.92%
52W range
$89 – $125
Volume
2.3M
NetApp Inc (NTAP) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+3.6%
Last 4 quarters
Revenue YoY growth
+4.4%
Most recent quarter
EPS YoY growth
+11.0%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+1.5%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+7.1%
2025-08-27
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-26 | $2.12 | +2.9% | $101.88 | $99.03 | -2.8% |
| 2025-11-25 | $2.05 | +9.0% | $108.96 | $109.25 | +0.3% |
| 2025-08-27 | $1.15 | +0.9% | $109.41 | $117.22 | +7.1% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-01-31 | $2.06 | $2.12 | +2.9% | $1.71B | +4.4% |
| 2025-10-31 | $1.88 | $2.05 | +9.0% | $1.71B | +2.8% |
| 2025-07-31 | $1.14 | $1.15 | +0.9% | $1.56B | +1.2% |
| 2025-04-30 | $1.90 | $1.93 | +1.6% | $1.73B | +3.9% |
| 2025-01-31 | $1.91 | $1.91 | +0.0% | $1.64B | +2.2% |
| 2024-10-31 | $1.78 | $1.87 | +5.1% | $1.66B | +6.1% |
| 2024-07-31 | $1.45 | $1.56 | +7.6% | $1.54B | +7.6% |
| 2024-04-30 | $1.79 | $1.80 | +0.6% | $1.67B | +5.4% |
| 2024-01-31 | $1.69 | $1.94 | +14.8% | $1.61B | — |
| 2023-10-31 | $1.39 | $1.58 | +13.7% | $1.56B | — |
| 2023-07-31 | $1.07 | $1.15 | +7.5% | $1.43B | — |
| 2023-04-30 | $1.34 | $1.54 | +14.9% | $1.58B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $8.12 | $7.0B | +6.2% | 24 | high |
| 2027 (E) | $8.73 | $7.3B | +4.9% | 24 | high |
| 2028 (E) | $9.35 | $7.7B | +4.9% | 24 | medium |
| 2029 (E) | $10.05 | $8.1B | +5.7% | 24 | medium |
| 2030 (E) | $10.82 | $8.6B | +6.1% | 24 | low |
Frequently asked questions
Has NetApp Inc beaten earnings estimates?
NetApp Inc has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +3.6% over the last 4 quarters.
How does NTAP stock react to earnings?
NTAP stock has moved an average of +1.5% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is NetApp Inc's revenue growth rate?
NetApp Inc reported year-over-year revenue growth of +4.4% in its most recent quarter, with EPS growing +11.0% year-over-year.
What is the expected EPS for NTAP in 2026?
Analysts expect NetApp Inc to report EPS of $8.12 for fiscal year 2026, on revenue of $7.0B, based on estimates from 24 analysts.