NetApp, Inc. (NTAP) Q1 2026 Earnings Call Transcript

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NetApp, Inc. (NASDAQ:NTAP) Q1 2026 Earnings Conference Call August 27, 2025 5:30 PM ETCompany ParticipantsGeorge Kurian - CEO & DirectorKris Newton - VP of Corporate Communications & Investor RelationsWissam G. Jabre - Executive VP & CFOConference Call ParticipantsAnanda Prosad Baruah - Loop Capital Markets LLC, Research DivisionAri Nareg Terjanian - Cleveland Research Company LLCAsiya Merchant - Citigroup Inc., Research DivisionDavid Vogt - UBS Investment Bank, Research DivisionErik William Richard Woodring - Morgan Stanley, Research DivisionKrish Sankar - TD Cowen, Research DivisionMehdi Hosseini - Susquehanna Financial Group, LLLP, Research DivisionSamik Chatterjee - JPMorgan Chase & Co, Research DivisionSimon Matthew Leopold - Raymond James & Associates, Inc., Research DivisionTimothy Patrick Long - Barclays Bank PLC, Research DivisionWamsi Mohan - BofA Securities, Research DivisionOperatorGood day, and welcome to the NetApp First Quarter of Fiscal Year 2026 Earnings Call. [Operator Instructions] Please note, this event is being recorded.I would now like to turn the conference over to Kis Newton, Vice President, Investor Relations. Please go ahead.Kris NewtonHi, everyone. Thanks for joining us. With me today are CEO, George Kurian; and CFO, Wissam Jabre. This call is being recorded live and will be available for replay on our website at netapp.com.During today's call, we will make forward-looking statements and projections with respect to our financial outlook and future prospects, including, without limitation, our guidance for the second quarter and fiscal year 2026, our expectations regarding future revenue, profitability and shareholder returns and other growth initiatives and strategies. These statements are subject to various risks and uncertainties, which may cause our actual results to differ materially. For more information, please refer to the documents we file from time to time with the SEC and on our website, including our most recent Form 10-K and Form