NetApp, Inc. (NASDAQ: NTAP), a supplier of clever knowledge infrastructure, has reported monetary outcomes for the primary quarter of fiscal 2026
- First-quarter income edged up 1% to $1.56 billion from $1.54 billion within the comparable interval of FY25
- All-flash array income grew 6% year-over-year to $893 million in Q1, for an annualized internet income run fee of $3.6 billion
- First-party and market Public Cloud storage providers income grew 33% year-over-year within the July quarter
- Internet earnings declined to $233 million or $1.15 per share in Q1 from $248 million or $1.17 per share final yr
- Complete billings have been $1.51 billion within the first quarter, up 4% year-over-year — the seventh consecutive quarter of year-over-year development
- Money supplied by operations rose to a document excessive of $673 million in Q1; free money move was $620 million
- Throughout the first quarter, the corporate returned $404 million to stockholders by means of share repurchases and money dividends
