NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.

NetApp Inc. (NTAP) Stock Price & Market Analysis
NTAP · NASDAQ · Computer Hardware
$207.37
▲ +$3.57(+1.75%)4:00 PM ET - vs previous closeQuote as of Oct 19, 2026, 4:00 PM EDT
Regular-session close · Oct 19, 2026, 4:00 PM EDT.
Long-term rangesAvailable historyHide
Historical range: 2000-10-19–2026-10-19. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Dec 1, 2026Next earningsConfirmed · Last verified 2026-10-20
Countdown
42 days out
Reported fundamentals
NTAP financial overview
Annual revenue
USD 6.93B
Sales for the fiscal year ended Apr 24, 2026. This is not trailing twelve-month revenue.
Revenue change
+5.4%
Change versus the fiscal year ended Apr 25, 2025.
Net profit margin
18.4%
Net income divided by revenue for the fiscal year ended Apr 24, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout NetApp Inc. (NTAP)Sector, leadership, and how NetApp Inc. earns its revenue.Technology
NetApp Inc.
NASDAQ · NTAP · US
Company overview as of Oct 19, 2026.
- Sector
- Technology
- Industry
- Computer Hardware
- Headquarters
- San Jose, CA, United States
- Country
- US
- Founded
- 1992
- Employees
- 11,700
- CEO
- Mr. George Kurian
- Exchange
- NASDAQ
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 29.9%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-07-31
Growth produces accounting profit
Supporting observation: 19.2%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-20T00:33:13.510Z
The business generates cash after investment
Supporting observation: USD 401M
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-07-31
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $2.02Bquarter ended Jul 31, 2026
- Gross margin
- 70.1%quarter ended Jul 31, 2026
- Operating margin
- 23.9%quarter ended Jul 31, 2026
- EPS
- $1.88quarter ended Jul 31, 2026
- Capital expenditure
- $102.00Mquarter ended Jul 31, 2026
- Free cash flow
- $401.00Mquarter ended Jul 31, 2026
- Free cash flow margin
- 19.8%quarter ended Jul 31, 2026
- Operating cash / net income
- 1.34×quarter ended Jul 31, 2026
- Revenue growth year over year
- 29.9%quarter ended Jul 31, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-20 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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