Cloud Infrastructure & Managed Compute · B2B SaaS Provider · Other / Non-Digital Advertising Relevant
NetApp
Enterprise hybrid-cloud storage, data management and AI infrastructure provider.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- NetApp, Inc.
- Entity type
- COMPANY
- Founded
- 1992
- Headquarters
- United States
- Company size
- >5,000
- Market cluster / sector
- Cloud Infrastructure & Managed Compute
- Market role
- B2B SaaS Provider · Other / Non-Digital Advertising Relevant
- Ticker
- NTAP
- Official website
- netapp.com
What NetApp does
NetApp commercialises proprietary enterprise storage hardware, the ONTAP data-storage operating system and cloud-delivered data services. Its platform creates value by allowing organisations to operate, protect, replicate, observe and govern data across data centres and public clouds under a consistent operating model. Revenue combines product sales with recurring support, subscriptions and managed services, supplemented by metered cloud consumption. The company expands account value by attaching backup, disaster recovery, ransomware resilience, observability, Kubernetes storage orchestration and cloud workload-management services to installed storage environments.
Category differentiation
NetApp is an enterprise storage and hybrid-cloud data-infrastructure provider, not a consumer cloud-storage service or a cloud hyperscaler. It sells infrastructure, software and data services to organisations rather than advertising technology or consumer applications.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
NetApp, Inc. is a US public enterprise data-infrastructure company that sells unified storage systems, storage operating software, cloud data services, cyber-resilience tools and infrastructure-management software. Its NetApp Platform provides a common data-management layer across on-premises environments, public clouds, hybrid multicloud estates and AI workloads. ONTAP is its storage operating system, while NetApp Console provides unified fleet, licence and subscription management. The company sells primarily to enterprise IT organisations, cloud architects, storage administrators, platform engineers, data-governance teams and AI operations teams. It generates revenue from hardware and software product sales, support contracts, subscriptions, capacity- and usage-based cloud services, storage-as-a-service commitments, cloud marketplace purchases, and professional and managed services.
Company news briefing
Briefing updated:
NetApp has demonstrated strong financial and market performance, highlighted by record-setting Q1 FY27 results and an upgrade by Evercore ISI driven by AI-driven storage demand and hybrid multicloud adoption. The company was also recognized as a Leader in Gartner's 2026 Enterprise Storage Platforms Magic Quadrant. However, market headwinds emerged as Barclays downgraded NetApp alongside peers due to caution regarding enterprise AI spending timelines.
Business model & monetisation
NetApp monetises through enterprise hardware and software sales, recurring support contracts, fixed-term subscriptions, cloud marketplace transactions, capacity-based licensing and professional services. Keystone charges for committed storage capacity at selected performance tiers and adds burst-consumption charges, bundling hardware, core software and support. Cloud Volumes ONTAP is sold through capacity-based per-TiB licensing, marketplace subscriptions and Keystone commitments. Data Infrastructure Insights uses TiB-based pricing. Backup, Recovery, Disaster Recovery and Ransomware Resilience use source-volume capacity metering, while Copy and Sync charges by synchronisation relationship and host-hour or annual subscription. Professional and managed services are delivered through quoted engagements and recurring operational agreements.
- Enterprise product sales
- Hardware systems and software licences
- Support revenue
- Recurring support contracts
- Public-cloud services
- Subscriptions, cloud marketplace sales and capacity consumption
- Keystone storage as a service
- Committed capacity plus burst-consumption charges
- Professional and managed services
- Quoted engagements and recurring service agreements
Products & capabilities
No products with linked sources are available in this view.
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Enterprise cloud infrastructure and customer experience software provider.
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Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
8-K Financial Filing Analysis for Instaclustr Pty Ltd (2026-09-11)
financials · Recorded impact score: 2.4/5
On September 9, 2026, NetApp, Inc. conducted its 2026 Annual Meeting of Stockholders, where shareholders approved several key corporate governance proposals. Most notably, stockholders voted to approve an Amended and Restated Certificate of Incorporation providing officer exculpation to the fullest extent permitted under Delaware General Corporation Law, which took effect upon filing on September 10, 2026. Concurrently, the Board adopted Amended and Restated Bylaws updating board oversight, indemnification settlement consent, subrogation terms, and administrative procedures. Stockholders also re-elected ten board directors, ratified the selection of Deloitte & Touche LLP as independent auditor for the fiscal year ending April 30, 2027, and approved executive compensation on an advisory basis.
- Shareholders approved an Amended and Restated Certificate of Incorporation enabling officer exculpation under Delaware law, with 139,405,919 votes in favor.
- Ten directors were elected to the Board for one-year terms, and Deloitte & Touche LLP was ratified as auditor for FY2027 with 157,046,423 affirmative votes.
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Questions about NetApp
What is NetApp?
NetApp is a public enterprise technology company providing storage, hybrid-cloud data management, cyber-resilience, observability and AI-ready data infrastructure.
Who uses NetApp?
Enterprise IT, storage, cloud operations, AI, security, business-continuity, developer and platform-engineering teams use NetApp products and services.
How does NetApp make money?
NetApp earns revenue from storage hardware and software, support contracts, subscriptions, capacity-based cloud services, Keystone consumption commitments and professional services.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
37 publicly documented primary sources and citations linked across the market graph.
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