NetApp Q1 FY27 revenue $2.03B; GAAP EPS $1.88, non-GAAP $2.58
NetApp reported record Q1 FY27 net revenues of $2.03 billion and GAAP diluted EPS of $1.88. Record non-GAAP diluted EPS came in at $2.58. Billings were $2.06 billion.
NetApp reported record quarterly net revenues of $2.03 billion for the first quarter of fiscal 2027, up 30% year-over-year. GAAP diluted EPS was $1.88, while non-GAAP diluted EPS reached a record $2.58. Billings came in at $2.06 billion, up 36% year-over-year. The source text then trails off after reporting GAAP operating ma…