NetApp, a publicly owned company headquartered in the United States, was founded in 1992. Employing approximately 13,070 individuals, NetApp reported $6.9B in revenue as of 2026 and functions as a tier 1 media tech buyer. The company specializes in providing enterprise data management and storage solutions, with its operations structured into three business units: products, software maintenance, and hardware maintenance.
NetApp, Inc. recently drew market attention, despite its share price cooling by 7.5% over 30 days and 1% over seven days, which followed a 13.6% gain over 90 days. On September 10, 2026, NetApp announced new capabilities in its ONTAP solution, tested and validated to support VMware Cloud Foundation (VCF) 9.1, providing an optimized and secure data infrastructure for private and hybrid clouds. Earlier the same day, NetApp reported record first-quarter fiscal year 2027 results, including record non-GAAP earnings per share of $2.58 and record all-flash array net revenue, and significantly raised its fiscal year 2027 revenue and earnings per share guidance. This followed the company's official financial report on September 9, 2026, which revealed net revenues of $2.03 billion for the period ending July 31, 2026, marking a 30% increase year-over-year, alongside GAAP diluted earnings per share of $1.88 and non-GAAP earnings per share of $2.58. The company also confirmed a dividend and continued share buybacks.
NetApp offers 4 products in the connectivity and cloud and media tech industries. NetApp's product portfolio comprises of enterprise cloud and media cloud and storage.
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NetApp's revenues were $6.9B in 2026. Caretta Research has split NetApp's revenue into 3 different product categories.
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NetApp's customers primarily consist of software Development, animation and Post-production and spectator Sports companies. Examples of NetApp's customers include team.blue, National Football League (NFL) and DreamWorks Animation. NetApp has commercial and technical partners like Nvidia, Amazon Web Services (AWS) and Google. Examples of NetApp's suppliers include Advanced Systems Group and Google.