NetApp First Quarter 2025 Earnings: Beats Expectations

Simply Wall St · 08/31 13:19

NetApp (NASDAQ:NTAP) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$1.54b (up 7.6% from 1Q 2024).
  • Net income: US$248.0m (up 66% from 1Q 2024).
  • Profit margin: 16% (up from 10% in 1Q 2024).
  • EPS: US$1.20 (up from US$0.70 in 1Q 2024).
earnings-and-revenue-history
NasdaqGS:NTAP Earnings and Revenue History August 31st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

NetApp Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Tech industry in the US.

Performance of the American Tech industry.

The company's shares are down 9.3% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for NetApp that we have uncovered.