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NetApp Overview

Company: NetApp
CEO: George Kurian
Founded: 1992
Symbol: NTAP
Exchange: NASDAQ
Industry: Computer Hardware
Sector: Technology
About

NetApp 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,luding 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, whichlude 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,luding 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 was founded in 1992 and is headquartered in San Jose, California.

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NetApp (NTAP)

  • Stock Price
  • Volume
163.93 +84.09 +105.32%
Past 5 Years
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Revenue

NetApp annual revenue was $6.93 B in 2026.

Net Income

NetApp annual net income was $1.28 B in 2026.

Employees

NetApp annual employee count was 11,700 in 2026.

Revenue by Segment

NetApp’s revenue by segment: Product: $3.19 B, Professional And Other Services: $407.00 M, Public Cloud Segment: $688.00 M and Support: $2.64 B in 2026.

Revenue by Region

NetApp’s revenue by region: Americas: $3.51 B, Asia Pacific: $1.06 B and E M E A: $2.36 B in 2026.

Executive Salary

George Kurian (5a, 5b) Chief Executive Officer, at NetApp, makes $23...

Revenue per Employee

NetApp revenue per employee was $591.88 K in 2026.

Profit per Employee

NetApp profit per employee was $109.06 K in 2026.

Income Statement

Operating Income

NetApp annual operating income was $1.67 B in 2026.

Research & Development

NetApp annual research & development expense was $991.00 M in 2026.

Tax Rate (%)

NetApp annual Tax Rate was 23.00% in 2026.

Assets & Liabilities | Cash Flow

Total Assets

NetApp annual total assets was $10.74 B in 2026.

Total Liabilities

NetApp annual total liabilities was $9.39 B in 2026.

Capital Expenditure

NetApp annual capital expenditures was -$198.00 M in 2026.

Ratios

Return on Equity (ROE)

NetApp annual return on equity(ROE) was 0.00% in 2026.

Return on Assets (ROA)

NetApp annual return on assets(ROA) was 0.00% in 2026.

Debt to Equity

NetApp annual debt to equity was 202.29% in 2026.

Profitability

Gross Profit Margin (%)

NetApp annual gross profit margin was 70.74% in 2026.

Operating Income Margin (%)

NetApp annual operating income margin was 24.13% in 2026.

Net Income Margin (%)

NetApp annual net income margin was 18.43% in 2026.

Earning Per Share

NetApp annual earning per share was $6.48 in 2026.

EBITDA

NetApp annual EBITDA was $1.73 B in 2026.

Free Cash Flow (FCF)

NetApp annual free cash flow(FCF) was $1.87 B in 2026.

Valuation

Enterprise value

NetApp annual enterprise value was - in 2026.

Enterprise value to Revenue

NetApp annual enterprise value to revenue was 0.00 in 2026.

Enterprise value to EBITDA

NetApp annual enterprise value to EBITDA was 0.00 in 2026.

Competitors’ Revenue

Frequently Asked Questions

When was NetApp founded?

NetApp was founded on 1992, which makes the company 34 years old.

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Who is the CEO of NetApp?

George Kurian is the CEO of NetApp.

What industry and sector is NetApp in?

NetApp operates in the Computer Hardware industry and the Technology sector.

What are NetApp's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0001002047
  • SIC (Standard Industrial Classification): 3572
  • ISIN (International Securities Identification Number): US64110D1046

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How many employees does NetApp have?

NetApp has 11,700 employees.

What is the revenue of NetApp?

In fiscal year 2026, NetApp generated a revenue of $6.93 Billion.

What is the net income of NetApp?

In fiscal year 2026, NetApp reported a net income of $1.28 Billion.

What is NetApp's biggest product segment?

Product is NetApp's biggest product segment, representing 46.12% of its total revenue.

When was NetApp listed on the stock exchange?

NetApp went public on Nov 21, 1995, through its Initial Public Offering (IPO), and it has been 30 years since then.

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What is the ticker symbol of NetApp, and where is it listed?

NetApp's ticker symbol is NTAP, and the company is listed on the NASDAQ stock market exchange.

What is NetApp's current stock price?

NetApp's current stock price is $163.93 as of Jul 14, 2026.

What is NetApp's market capitalization?

As of , NetApp's market cap is .

What is NetApp's ranking in the world?

Ranked #133among 4,118 companies based on market cap.

Who are the top competitors of NetApp?

Competitors of NetApp include Dell Technologies, Arista Networks and Everpure, Inc, and more.

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