NetApp publishes transcript of Q4 FY2026 earnings call

NetApp, Inc.

NetApp, Inc.

NTAP

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  • NetApp discussed fiscal Q4 2026 results on an earnings call attended by CEO George Kurian, CFO Wissam Jabre, IR VP Kris Newton, analysts.
  • Q4 revenue USD 1.95 billion, up 12% y/y; non-GAAP EPS USD 2.43, up 26%; operating margin 32%.
  • FY2027 guidance: revenue USD 7.33 billion-USD 7.58 billion; EPS USD 8.7-USD 9; gross margin 68.5%-69.5%; operating margin 29.1%-30.1%.
  • Management cited AI as a key driver; about 500 on-prem AI wins in Q4, 1,100 in FY26; mix about 50% data prep.
  • Board raised share repurchase authorization by USD 1 billion; July quarter seen as product gross margin trough amid component costs.


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