Short answer
NetApp (NTAP) filed its Q1 2025 10-Q quarterly report on Feb 27, 2025 for the quarter ended Jan 24, 2025. Quarterly revenue was $1.6B (down 1.9% year over year) with net income of $308M.
Q1 2025 key financials · XBRL
- Revenue
- $1.6B
- −1.9% YoY
- Net income
- $308M
- −1.6% YoY
- Operating margin
- 17.8%
- Gross margin
- 69.5%
- EPS (diluted)
- $1.37
- −6.8% YoY
Source: XBRL data from the NetApp (NTAP) Q1 2025 10-Q on SEC EDGAR. USD.
NetApp Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- Newly added liquidity risk: cash, equivalents, and short-term investments decreased to $2.261B from $3.252B due to increased foreign-held cash concentration
- Most materially updated financial risk: $750M 1.875% Senior Notes maturing June 2025, requiring near-term refinancing or repayment
- Most impactful regulatory/compliance risk: ongoing compliance with SEC automatic shelf registration statement for future debt or equity offerings
- Operational risk: reliance on cash generation and capital markets to fund R&D, acquisitions, dividends, and stock repurchase programs
- Market risk: exposure to credit and capital market trends impacting high-quality investment grade securities in portfolio
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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