NTAP · News · 20260809N
Revenue Performance and Mix
NetApp, Inc. · 2026-08-09 · Importance 33 · Surprise 6 · In source text
NetApp reported second-quarter revenue of $1.95 billion, exceeding consensus expectations. The quarterly revenue result was reported alongside earnings per share of $2.03, which missed consensus estimates. NetApp also announced a quarterly dividend in connection with its recent second-quarter results.
Key facts
- Assenagon Asset Management S.A. increased its stake in NetApp, Inc. by 586.7% in the second quarter, purchasing an additional 290,602 shares and now owning 340,130 shares valued at $52.64 million. source
- NetApp, Inc. reported revenue of $1.95 billion for the quarter, described as better-than-expected. source
- PensionDanmark Pensionsforsikringsaktieselskab increased its NetApp, Inc. stock holdings by 13% during the second quarter to 48,316 shares valued at approximately $7.5 million. source
- NetApp, Inc. recently reported its Q2 earnings, missing consensus estimates, and announced a quarterly dividend. source
- CX Institutional sold 88,845 shares of NetApp, Inc., retaining only 2,013 shares. source
- NetApp, Inc. reported earnings per share of $2.03, which missed consensus estimates. source
- NetApp, Inc. (NTAP) closed up by 12.42% on May 22. source
- Institutional investors own 92.17% of NetApp, Inc.'s stock. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | NetApp, Inc. reported revenue of $1.95 billion for the quarter, described as better-than-expected. |