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, with GAAP diluted EPS of $1.88 and record non—GAAP diluted EPS of $2.58.
The company delivered billings of $2.06 billion (up 36% year—over—year) and reported GAAP operating ma…