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NetApp posts record Q1, raises FY27 outlook

NetApp said Q1 revenue rose 30% and EPS grew 66%, driven by strong AI and cloud demand. The company also raised full-year guidance for revenue and EPS.

NTAP

Record Q1 results with 30% revenue growth and 66% EPS growth, driven by strong AI and cloud demand.

Raised full-year guidance for both revenue and EPS, reflecting confidence in durable, broad-based demand and structural market improvements.Based on NetApp, Inc. [NTAP] Q1 2027 Audio Transcript — Sep…