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XNAS
NTAP
Market cap44bUSD
Oct 08, Last price  
231.05USD
1D
-2.00%
1Q
36.82%
Jan 2017
555.09%
Name

NetApp Inc

Chart & performance

D1W1MN
XNAS:NTAP chart
P/E
35.53
P/S
6.55
EPS
6.50
Div yield, %
0.91%
Shrs. gr., 5y
-1.99%
Rev. gr., 5y
1.71%
Revenues
6.93b
+5.37%
5,546,000,0005,546,000,0005,519,000,0005,519,000,0005,911,000,0005,911,000,0006,146,000,0006,146,000,0005,412,000,0005,412,000,0005,744,000,0006,318,000,0006,318,000,0006,362,000,0006,362,000,0006,268,000,0006,268,000,0006,572,000,0006,572,000,0006,925,000,000
Net income
1.28b
+7.59%
229,000,000229,000,000509,000,000509,000,00076,000,00076,000,0001,169,000,0001,169,000,000819,000,000819,000,000730,000,000937,000,000937,000,0001,274,000,0001,274,000,000986,000,000986,000,0001,186,000,0001,186,000,0001,276,000,000
CFO
2.07b
+37.25%
974,000,000974,000,000986,000,000986,000,0001,478,000,0001,478,000,0001,341,000,0001,341,000,0001,060,000,0001,060,000,0001,333,000,0001,211,000,0001,211,000,0001,107,000,0001,107,000,0001,685,000,0001,685,000,0001,506,000,0001,506,000,0002,067,000,000
Dividend
Oct 09, 20260.52 USD/sh

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Profile

NetApp, Inc. is a global leader in cloud-first and data-centric services, empowering organizations to efficiently manage and share their data across various environments. These encompass traditional on-premises infrastructures, private cloud deployments, and major public cloud platforms worldwide. The company operates primarily through two segments: Hybrid Cloud and Public Cloud. Its extensive portfolio includes intelligent data management software solutions such as the core NetApp ONTAP operating system, NetApp Snapshot for data protection, NetApp SnapCenter for backup orchestration, NetApp SnapMirror for replication, and NetApp SnapLock for compliance. Other specialized software offerings include NetApp ElementOS and NetApp SANtricity. For physical infrastructure, NetApp designs and provides a range of storage solutions. These comprise the high-performance NetApp All-Flash FAS series, NetApp Fabric Attached Storage, the integrated NetApp FlexPod system, the resilient NetApp E/EF series, NetApp StorageGRID for object storage, and NetApp SolidFire for demanding all-flash requirements. In the cloud domain, NetApp delivers a rich array of storage and data services optimized for seamless integration with cloud platforms. Key offerings include NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. Complementary cloud services feature NetApp Cloud Sync for data synchronization, NetApp Cloud Tiering for cost efficiency, NetApp Cloud Backup, NetApp Cloud Data Sense for intelligent insights, and NetApp Cloud Volumes Edge Cache for distributed data access. Furthermore, NetApp supports cloud operations with tools like NetApp Cloud Insights for monitoring, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for resource optimization, and Spot CloudCheckr for cost management. The company also offers NetApp Astra, a solution for application-aware data management. Beyond its product offerings, NetApp provides a comprehensive suite of professional and support services. This includes strategic consulting, specialized professional assistance, ongoing managed services, and robust technical support. Additional expert services cover assessment, design, implementation, and data migration for new or existing deployments. NetApp's solutions are utilized by a diverse clientele across numerous industries, including energy, financial services, government entities, technology firms, internet service providers, life sciences, healthcare organizations, manufacturing, media, entertainment, animation, video postproduction, and telecommunications. The company engages its customer base via both its direct sales force and an extensive global network of partners. NetApp, Inc. was established in 1992 and maintains its corporate headquarters in San Jose, California.

Related entities

Subsidiaries (17)
NETAPP AUSTRALIA PTY LTD
NetApp Austria GmbH
NetApp B.V.
Netapp Belgium
NetApp Canada Ltd.
NetApp Deutschland GmbH
NETAPP FRANCE SAS
NetApp G.K.
NETAPP INDIA MARKETING AND SERVICES PRIVATE LIMITED
NETAPP INDIA PRIVATE LIMITED
NETAPP IRELAND LIMITED
NETAPP ISRAEL SALES LTD
NETAPP ITALIA S.R.L.
NETAPP SOUTH AFRICA
NETAPP SPAIN SALES SL
NetApp Switzerland GmbH
NETAPP UK LTD

Key people

Thomas Nevens
Independent Chairman of the Board · since 2015
President · since 2020
Chief Financial Officer, Executive Vice President · since 2025
Harvinder Bhela
Executive Vice President, Chief Product Officer · since 2022
Elizabeth O'callahan
Executive Vice President, Chief Administrative Officer, Company Secretary · since 2025
Gus Shahin
Executive Vice President of Business Technology and Operations · since 2024
Daniel De Lorenzo
Chief Accounting Officer, Vice President, Controller · since 2024
Pamela Hennard
Chief Diversity and Inclusion Officer · since 2024
Syam Nair
Chief Product Officer · since 2025
Dallas Olson
Chief Commercial Officer · since 2024
Chief Executive Officer, Director · since 2020
Deepak Ahuja
Independent Director · since 2020
Paul Fipps
Independent Director · since 2026
Independent Director · since 2023
Gerald Held
Independent Director · since 2009
Independent Director · since 2017
Independent Director · since 2021
Independent Director · since 2025
Independent Director · since 2017
Independent Director · since 2024
IPO date
Nov 21, 1995
Employees
12,000
Domiciled in
US
Incorporated in
US
Legal address
c/o CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
3060 Olsen Drive
San Jose, CA 95128
US

Valuation

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