
NetApp, Inc.
NTAPNASDAQTechnologyComputer Hardware
Previous close
$192.27
−$0.54 · -0.28%
Pre-market
$192.25
−$0.02 · -0.01%
Aug 24, 7:05 AM ET
NTAP company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
79
Undervalued
Momentum
73
Gaining
Sentiment
60
Mixed
Risk resilience
54
Elevated Risk
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
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Company profile
Company websiteNetApp, 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.
- Industry
- Computer Hardware
- Sector
- Technology
- Headquarters
- US
- CEO
- George Kurian
- Listed since
- Nov 21, 1995
- Employees
- 11,700
Market position
Day range
Current $192.27
52-week range
Current $192.27
- Open
- $195.19
- Previous close
- $192.81
- Volume
- 1.61M
- 0.55× average
- Average volume
- 2.94M
- Average daily volume
- Market cap
- 37.73B USD
- Beta
- 1.43
- Market reference 1
- 50-day average
- $173.1
- +11.08% above average
- 200-day average
- $126.87
- +51.55% above average
Financials
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 6.93B USD | 6.57B USD | 6.27B USD | 6.36B USD | 6.32B USD |
| Cost of goods sold | 2.03B USD | 1.96B USD | 1.84B USD | 2.15B USD | 2.1B USD |
| Gross profit | 4.9B USD | 4.61B USD | 4.43B USD | 4.21B USD | 4.22B USD |
| Research and development | 991M USD | 1.01B USD | 1.03B USD | 956M USD | 881M USD |
| Selling, general, and administrative | 2.21B USD | 2.18B USD | 2.14B USD | 2.09B USD | 2.14B USD |
| Operating expenses | 3.23B USD | 3.28B USD | 3.22B USD | 3.19B USD | 3.06B USD |
| Interest income | 88M USD | 112M USD | 112M USD | 69M USD | 7M USD |
| Interest expense | 81M USD | 64M USD | 64M USD | 67M USD | 73M USD |
| Depreciation and amortization | 200M USD | 243M USD | 255M USD | 301M USD | 194M USD |
| Operating income | 1.7B USD | 1.34B USD | 1.21B USD | 1.02B USD | 1.16B USD |
| Net income | 1.28B USD | 1.19B USD | 986M USD | 1.27B USD | 937M USD |
Company facts updated Aug 24, 2026.
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Rating distribution
71 ratingsNTAP news
Corporate actions
Corporate action history
| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Mar 23, 2000 | 2:1 | — | — |
Stock split | Dec 21, 1999 | 2:1 | — | — |
Stock split | Dec 22, 1998 | 2:1 | — | — |
Stock split | Dec 19, 1997 | 2:1 | — | — |
Effective Mar 23, 2000
2:1
Effective Dec 21, 1999
2:1
Effective Dec 22, 1998
2:1
Effective Dec 19, 1997
2:1
NTAP peers
ETFs holding NTAP
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI1.12B0.05%2.3T USD0.03%$378.24+0.44%
Vanguard S&P 500 ETFVOO924.59M0.05%1.7T USD0.03%$703.71+0.39%
Vanguard Morningstar Mid-Cap ETFVO762.31M0.34%224.7B USD0.03%$82.97+0.53%
iShares Core S&P 500 ETFIVV512.87M0.06%891.84B USD0.03%$769.31+0.39%
State Street SPDR S&P 500 ETFSPY473.81M0.06%817.87B USD0.09%$765.72+0.41%
Vanguard Information Technology ETFVGT345.76M0.22%160.2B USD0.09%$118.42+0.05%
Vanguard Morningstar Value ETFVTV335.6M0.13%256.5B USD0.03%$226.4+0.54%
First Trust Nasdaq Cybersecurity ETFCIBR314.19M2.11%15.09B USD0.58%$94.85+1.50%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 1.12B
- Weight
- 0.05%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard S&P 500 ETFVOO- Market value
- 924.59M
- Weight
- 0.05%
- AUM
- 1.7T USD
- Expense ratio
- 0.03%
- Price / 1D
- $703.71+0.39%
Vanguard Morningstar Mid-Cap ETFVO- Market value
- 762.31M
- Weight
- 0.34%
- AUM
- 224.7B USD
- Expense ratio
- 0.03%
- Price / 1D
- $82.97+0.53%
iShares Core S&P 500 ETFIVV- Market value
- 512.87M
- Weight
- 0.06%
- AUM
- 891.84B USD
- Expense ratio
- 0.03%
- Price / 1D
- $769.31+0.39%
State Street SPDR S&P 500 ETFSPY- Market value
- 473.81M
- Weight
- 0.06%
- AUM
- 817.87B USD
- Expense ratio
- 0.09%
- Price / 1D
- $765.72+0.41%
Vanguard Information Technology ETFVGT- Market value
- 345.76M
- Weight
- 0.22%
- AUM
- 160.2B USD
- Expense ratio
- 0.09%
- Price / 1D
- $118.42+0.05%
Vanguard Morningstar Value ETFVTV- Market value
- 335.6M
- Weight
- 0.13%
- AUM
- 256.5B USD
- Expense ratio
- 0.03%
- Price / 1D
- $226.4+0.54%
First Trust Nasdaq Cybersecurity ETFCIBR- Market value
- 314.19M
- Weight
- 2.11%
- AUM
- 15.09B USD
- Expense ratio
- 0.58%
- Price / 1D
- $94.85+1.50%
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