Netapp Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
12.1%projected annual EPS growth
Analyst Coverage
16analysts covering
FY Revenue (est.)
$7.5Bnext fiscal year
FY EPS (est.)
$8.97next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q2 FY2027 Earnings Release | 19 Nov 2026 |
| Q3 FY2027 Earnings Release | 4 Mar 2027 |
| Q4 FY2027 Earnings Release | 27 May 2027 |
Monitoring Framework
Key Performance Indicators
All-Flash Array Net Revenue Quarterly1.2BTarget: Full year FY2027 revenue of $7.325B to $7.575B (~8% YoY growth) and non-GAAP operating margin of 29.1% to 30.1%
Public Cloud Net Revenue Quarterly182MTarget: Maintain double-digit annual ARR growth in Public Cloud segment
Annual Billings Annually7.2BTarget: Achieve $4.5B+ annualized net revenue run-rate for All-Flash Arrays
Watch Items
- Public Cloud ARR and First-Party Storage ConsumptionTrigger: Non-GAAP operating margin dropping below 29.0% or product gross margins compressing faster than expected due to NAND memory cost inflation.Action: Re-evaluate valuation multiples if Public Cloud ARR growth decelerates below 10% YoY for two consecutive quarters.
- Public Cloud and Keystone Storage-as-a-Service adoption rates and memory component cost pass-through capabilityTrigger: Distributor revenue concentration from top 2 distributors exceeds 45% of total revenue.Action: Re-evaluate FY2027 EPS models and downside valuation multiples if public cloud / Keystone growth decelerates or memory price pass-through fails.
Research as of 2 Sep 2026