NetApp, Inc.(NTAP)Earnings Date, History & Expected Move

Next report date, beat rate and options-implied move

Next report

Dec 1, 2026

NTAP is scheduled to report on Dec 1, 2026, usually after the market closes. Analysts expect EPS of $2.65.

Next report

Dec 1, 2026

In 38 days · usually after close

EPS beat rate

92%

11 of 12 quarters

Avg move after earnings

±8.0%

Up 50% of the time · last 12

Options-implied move

—

No reliable options quote yet

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EPS: Actual vs Estimate

Reported EPS against the consensus estimate, last 12 quarters.

Green beat or met, red missed, amber sources differ.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±8.0%).

Did the stock rise after good news?

The next-day move after each of its last 11 EPS beats and 0 misses.

When it beat expectations

11 reports

▲ Rose 6×

▼ Fell 5×

In plain words: it beat expectations 11 times, but the stock still fell 5 of those 11 times.

Report by report

Sep '26
Beat
▲ +2.6%
May '26
Beat
▲ +22.4%
Feb '26
Beat
▼ -0.1%
Nov '25
Beat
▼ -2.0%
Aug '25
Beat
▲ +4.5%
May '25
Beat
▼ -0.1%
Nov '24
Beat
▼ -3.4%
Aug '24
Beat
▼ -9.6%
May '24
Beat
▲ +3.4%
Feb '24
Beat
▲ +18.2%
Nov '23
Beat
▲ +14.6%

Clear beats and misses with a known reaction only. What counts as a beat

After an EPS beat

+4.6%

average next-day move · up 55% of 11 times

After an EPS miss

—

Not enough quarters yet

Why did NTAP fall after beating earnings?

5 of NTAP's last 11 reactions went against the EPS result. What stands out in each:

NTAP beat EPS estimates in 11 quarters, and the stock still closed lower the next day 5 times. In 3 of the 5 where we have price data, the stock had already run up before the report.

Feb 26, 2026EPS beat +2.9%stock -0.1% next day
Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.
Nov 25, 2025EPS beat +9.0%stock -2.0% next day
- It had risen 4.8% in the final week before the report, so good news may already have been priced in.
- It opened 4.5% higher, but sellers took over and it closed -2.0%.
May 29, 2025EPS beat +1.6%stock -0.1% next day
- It had risen 10.5% in the 20 trading sessions before the report, so good news may already have been priced in.
- The EPS beat was small (+1.6%).
- It opened 4.7% lower as soon as trading resumed.
Nov 21, 2024EPS beat +5.1%stock -3.4% next day
- It had risen 5.7% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 6.6% higher, but sellers took over and it closed -3.4%.
Aug 28, 2024EPS beat +7.6%stock -9.6% next day
- It opened 5.2% lower as soon as trading resumed.

Patterns in estimates and prices, not confirmed causes: how we read them.

Was NTAP's earnings move already priced in?

NTAP's move in the month before each of its last 12 reports, against what it did after.

Avg move in the month before

+6.4%

last 12 reports

Higher before the report

67%

of the time

After a run-up of 3%+

Fell 43%

7 reports, avg +4.5%

How the run-up is measured (a move of 5% or more counts as large).

Before vs after each report

Grey: the month before each of the last 12 reports. Green or red: the day after.

Past reports only. How the run-up is measured

Does NTAP hold its opening gap after earnings?

NTAP's opening move after each report and where it closed that day.

In 11 reports NTAP opened at least 1% away from the previous close. It gave back half or more of that gap by the close 5 of 11 times (46%), and fully reversed 4 times. Gaps up faded 2 of 6; gaps down recovered 3 of 5.

Sep 2, 2026Reversed
Opened -10.4%, closed +2.6%
May 28, 2026Held
Opened +24.1%, closed +22.4%
Nov 25, 2025Reversed
Opened +4.5%, closed -2.0%
Aug 27, 2025Reversed
Opened -3.1%, closed +4.5%
May 29, 2025Faded
Opened -4.7%, closed -0.1%
Feb 27, 2025Held
Opened -16.0%, closed -15.6%
Nov 21, 2024Reversed
Opened +6.6%, closed -3.4%
Aug 28, 2024Held
Opened -5.2%, closed -9.6%

How gaps, fades and reversals are defined

What the history says

NTAP has beaten EPS estimates in 6 straight quarters.
It fell after 5 of its 11 EPS beats (46%): beating estimates has not been enough on its own.

NTAP earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report date	Time	EPS est.	EPS actual	Surprise	1-day move	3-day move
Sep 2, 2026	After close	$2.12	$2.58	+21.7%	+2.55%	+4.62%
May 28, 2026	After close	$2.27	$2.43	+7.0%	+22.39%	+23.34%
Feb 26, 2026	After close	$2.06	$2.12	+2.9%	-0.11%	-0.35%
Nov 25, 2025	After close	$1.88	$2.05	+9.0%	-2.00%	+0.71%
Aug 27, 2025	After close	$1.54	$1.55	+0.6%	+4.54%	+2.89%
May 29, 2025	After close	$1.90	$1.93	+1.6%	-0.05%	+4.49%
Feb 27, 2025	After close	$1.91	$1.91	0.0%	-15.57%	-20.86%
Nov 21, 2024	After close	$1.78	$1.87	+5.1%	-3.43%	+2.31%
Aug 28, 2024	After close	$1.45	$1.56	+7.6%	-9.64%	-9.82%
May 30, 2024	After close	$1.79	$1.80	+0.6%	+3.37%	+2.15%
Feb 29, 2024	After close	$1.69	$1.94	+14.8%	+18.17%	+15.22%
Nov 28, 2023	After close	$1.39	$1.58	+13.7%	+14.63%	+16.86%

Consensus for the next report: EPS $2.65, revenue $2.14B.

NTAP Earnings FAQ

Answers computed from NetApp, Inc.'s reported history

NTAP is scheduled to report on Dec 1, 2026, usually after the market closes. Analysts expect EPS of $2.65.

Over the last 12 quarters with a usable EPS surprise, NTAP beat the consensus estimate 11 times (92%), missed 0 and landed in line 1. It has beaten estimates in each of the last 6 counted quarters.

Across its last 12 quarters with a measured reaction, NTAP moved an average of ±8.0% in the first session after reporting. It closed higher 50% of the time; the largest gain was 22.4% and the largest drop -15.6%.

NTAP fell in the first session after 5 of its last 11 EPS beats (46%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 3 of the 5 of those falls where price data is available, the stock had already risen before the report.

Across its last 12 quarters with price data, NTAP moved an average of +6.4% in the 20 trading sessions before reporting and was higher in 67% of them. After a run-up of 3% or more (7 quarters), it fell the next day 43% of the time, averaging +4.5%. This describes past reports; it is not a forecast.

In 11 reports NTAP opened at least 1% away from the previous close. It gave back half or more of that gap by the close 5 of 11 times (46%), and fully reversed 4 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers · NTAP: 12 reported quarters, latest Sep 2, 2026. Information only, not investment advice.

Earnings this week

Every report this week with expected moves.

Biggest expected earnings moves

Options-implied vs historical move, ranked.