NetApp, Inc. (NASDAQ: NTAP) Q4 2025 Earnings Call | AI Growth & Cautious Outlook | 5/30/2025

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NetApp, Inc. (NASDAQ: NTAP) reported record results for Q4 2025 on May 30, 2025, with revenue rising 4% year-over-year to $1.73 billion and adjusted earnings per share growing 7% to $1.93, both ahead of analyst expectations. The quarter saw strong momentum in NetApp’s all-flash storage and marketplace storage services, with all-flash array annualized revenue run rate climbing 14% to $4.1 billion and public cloud revenue up 8% to $164 million. Billings jumped 12% year-over-year to $2.03 billion, and operating margin hit a Q4 record of 28.6%. NetApp’s AI business expanded fivefold, and the company closed approximately 150 AI infrastructure and data lake modernization deals in the quarter. Despite these achievements, NetApp’s stock fell over 5% in after-hours trading as management issued cautious guidance for fiscal 2026, projecting revenue between $6.625 billion and $6.875 billion and EPS between $7.60 and $7.90, citing macroeconomic and geopolitical uncertainties. The company returned $355 million to shareholders in Q4 through buybacks and dividends, and for the full year, returned $1.57 billion. Management remains confident in NetApp’s innovation pipeline and leadership in AI, cloud, and data infrastructure, but is preparing for a more challenging environment in the year ahead. About Inside Ticker: For more expert analysis and real-time updates on NetApp, Inc. (NASDAQ: NTAP) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #NetApp #NTAP #EarningsCall #Q42025 #AI #FlashStorage #Cloud #StockMarket #Investing #InsideTicker