NetApp vs Flex
This page compares NetApp and Flex, examining their business models, financial performance, and market context. It presents an impartial overview to help readers understand the strategic positioning of each company. The content aims to be clear and accessible, avoiding speculation while outlining key considerations for comparison. Educational content, not financial advice.
This page compares NetApp and Flex, examining their business models, financial performance, and market context. It presents an impartial overview to help readers understand the strategic positioning o...
Why It's Moving
NetApp Powers Ahead with Q1 Earnings Beat and AI-Optimized Data Tools Launch
- Q1 revenues hit $1.559 billion, up from $1.541 billion last year, with non-GAAP net income per share guidance of $7.60-$7.90 signaling robust profitability ahead.
- Secured #1 market share in all-flash storage for Q1 2025, highlighting NetApp's dominance in high-performance data solutions critical for AI workloads.
- Launched NetApp Trident 25.06 and new management systems, enhancing Kubernetes scalability, security, and disaster recovery to meet exploding containerized app needs.
Flex gears up for Q3 earnings amid AI data center boom and raised FY2026 outlook.
- Exceptional Q2 performance in data centers, with new collaborations like LG Electronics for AI cooling systems and NVIDIA for scalable AI infrastructure, tackling critical power and thermal hurdles.
- Raised fiscal 2026 guidance highlights robust free cash flow expectations over 80% conversion, earmarked for shareholder buybacks and debt cuts.
- Q3 FY2026 earnings set for February 4, spotlighting ongoing AI factory productivity gains and global manufacturing edge despite auto sector headwinds.
NetApp Powers Ahead with Q1 Earnings Beat and AI-Optimized Data Tools Launch
- Q1 revenues hit $1.559 billion, up from $1.541 billion last year, with non-GAAP net income per share guidance of $7.60-$7.90 signaling robust profitability ahead.
- Secured #1 market share in all-flash storage for Q1 2025, highlighting NetApp's dominance in high-performance data solutions critical for AI workloads.
- Launched NetApp Trident 25.06 and new management systems, enhancing Kubernetes scalability, security, and disaster recovery to meet exploding containerized app needs.
Flex gears up for Q3 earnings amid AI data center boom and raised FY2026 outlook.
- Exceptional Q2 performance in data centers, with new collaborations like LG Electronics for AI cooling systems and NVIDIA for scalable AI infrastructure, tackling critical power and thermal hurdles.
- Raised fiscal 2026 guidance highlights robust free cash flow expectations over 80% conversion, earmarked for shareholder buybacks and debt cuts.
- Q3 FY2026 earnings set for February 4, spotlighting ongoing AI factory productivity gains and global manufacturing edge despite auto sector headwinds.
Investment Analysis
NetApp
NTAP
Pros
- NetApp maintains a strong presence in hybrid and public cloud data management, benefiting from ongoing enterprise digital transformation trends.
- The company offers a diversified product portfolio including storage infrastructure and cloud services, supporting resilience across market cycles.
- NetApp has demonstrated operational efficiency improvements and cost discipline in recent quarters, contributing to stable margins.
Considerations
- NetApp faces intense competition from larger cloud infrastructure providers, which may constrain growth in certain segments.
- Revenue growth has been modest compared to broader technology sector peers, reflecting challenges in scaling cloud offerings rapidly.
- The company's reliance on hardware sales exposes it to cyclical demand fluctuations and margin pressures.
Flex
FLEX
Pros
- Flex has delivered robust revenue growth driven by strong demand in data center and power solutions, particularly in Europe.
- The company benefits from a diversified global footprint and exposure to multiple high-growth technology end markets.
- Analyst sentiment remains positive, with a consensus 'Strong Buy' rating reflecting confidence in continued operational momentum.
Considerations
- Flex's recent earnings declined year-on-year, raising concerns about profitability sustainability amid rising costs.
- The stock's valuation is relatively high compared to historical averages, increasing sensitivity to market sentiment shifts.
- Fluctuating trading volumes and short-term price volatility may signal uncertainty in near-term investor confidence.
Related Market Insights
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Related Market Insights
Apple's Supply Chain: The Hidden Winners Behind iPhone Success
Discover the hidden investment opportunities in Apple's supply chain. Learn how key suppliers like TSMC, ASML, and Skyworks benefit from iPhone success.
Aimee Silverwood | Financial Analyst
August 3, 2025
NetApp (NTAP) Next Earnings Date
NetApp's next earnings date for Q3 FY2026 is targeted for February 26, 2026. This release will cover the quarter ending in late January 2026. Investors should note that while this aligns with the company's guidance and analyst estimates, official confirmation may follow prior to the event.
Flex (FLEX) Next Earnings Date
Flex (NASDAQ: FLEX) will report its third quarter fiscal year 2026 earnings before the market opens on Wednesday, February 4, 2026, followed by a conference call at 8:30 AM ET. This release covers the quarter ending December 2025, aligning with the company's standard quarterly reporting cadence. Investors should monitor the Flex investor relations site for the live webcast and replay.
NetApp (NTAP) Next Earnings Date
NetApp's next earnings date for Q3 FY2026 is targeted for February 26, 2026. This release will cover the quarter ending in late January 2026. Investors should note that while this aligns with the company's guidance and analyst estimates, official confirmation may follow prior to the event.
Flex (FLEX) Next Earnings Date
Flex (NASDAQ: FLEX) will report its third quarter fiscal year 2026 earnings before the market opens on Wednesday, February 4, 2026, followed by a conference call at 8:30 AM ET. This release covers the quarter ending December 2025, aligning with the company's standard quarterly reporting cadence. Investors should monitor the Flex investor relations site for the live webcast and replay.
Which Baskets Do They Appear In?
Powering The iPhone: Apple's Supply Chain
Following Apple's record-breaking revenue announcement, there's a clear investment opportunity in the companies that form its extensive global supply chain. This theme focuses on the key suppliers of components for the iPhone and Mac, who are poised to benefit from the tech giant's continued growth and production demands.
Published: August 3, 2025
Explore BasketWhich Baskets Do They Appear In?
Powering The iPhone: Apple's Supply Chain
Following Apple's record-breaking revenue announcement, there's a clear investment opportunity in the companies that form its extensive global supply chain. This theme focuses on the key suppliers of components for the iPhone and Mac, who are poised to benefit from the tech giant's continued growth and production demands.
Published: August 3, 2025
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