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NetApp, Inc. (NTAP) is a technology company in the data preservation hardware industry, based in San Jose, United States, with about 11,700 full-time employees.
It reported revenue of $6.57 billion for fiscal year 2025, up 4.9% from fiscal year 2024, and net income of $1.19 billion. In Q1 2027 (the quarter ended July 31, 2026) revenue was $2.03 billion, up 29.9% from a year before. Its largest business segment, Hybrid Cloud, brought in 90% of segment revenue in fiscal year 2026; United States, Canada and Latin America was the largest region with 51%. Its market capitalization was $46.58 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended April 30, 2025; market data as of October 9, 2026.
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud.
NetApp reported $6.57 billion in revenue for fiscal year 2025, up 4.9% from $6.27 billion in fiscal year 2024. In Q1 2027 revenue was $2.03 billion.
Hybrid Cloud, with $6.24 billion or 90% of segment revenue in fiscal year 2026. Next: Public Cloud (10%).
United States, Canada and Latin America: 51% of revenue by region in fiscal year 2026, followed by Europe, Middle East and Africa (34%).
$46.58 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (data preservation hardware) include Quantum Corporation (QMCO), Qualstar Corporation (QBAK).