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Market Closed -
Nasdaq
21:00:00 02/11/2026 GMT
|
5-day change | 1st Jan Change | ||
| 185.26 USD | -6.99% |
|
-16.58% | +72.99% |
| 10-14 | NetApp Shares Fall After Barclays Downgrade | MT |
| 10-14 | Barclays Downgrades NetApp to Equalweight From Overweight, Price Target is $219 | MT |
Business description: NetApp, Inc.
- product sales (46.1%): file, cache and storage servers, data management, content distribution and information synthesis softwares;
- support services (38.1%): consulting, maintenance, technical assistance and training services;
- cloud services (9.9%): cloud storage and data management services;
- professional services (5.9%).
Net sales are distributed geographically as follows: Americas (50.6%), Europe/Middle East/Africa (34.1%) and Asia/Pacific (15.3%).
Number of employees: 11,700
Sales by Activity: NetApp, Inc.
| Fiscal Period: April | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) | 2026 (USD) |
|---|---|---|---|---|---|
Hybrid Cloud | 5.92B | 5.79B | 5.66B | 5.91B | 6.24B |
Public Cloud | 396M | 575M | 611M | 665M | 688M |
Geographical breakdown of sales: NetApp, Inc.
| Fiscal Period: April | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) | 2026 (USD) |
|---|---|---|---|---|---|
United States, Canada and Latin America (Americas) | - | - | - | - | 3.5B |
Europe, Middle East and Africa (EMEA) | 1.98B | 2.06B | 2.1B | 2.2B | 2.36B |
Asia Pacific (APAC) | 879M | 909M | 971M | 1.02B | 1.06B |
United States (U.S.) | 3.04B | 2.97B | 2.95B | 3.09B | - |
Americas (Excl. U.S.) | 419M | 417M | 241M | 255M | - |
Executive Committee: NetApp, Inc.
| Manager | Title | Age | Since |
|---|---|---|---|
George Kurian
CEO | Chief Executive Officer | 59 | 31/05/2015 |
Wissam Jabre
DFI | Director of Finance/CFO | 56 | 09/03/2025 |
| President | 54 | 30/06/2020 | |
| Chief Administrative Officer | 56 | 02/03/2025 | |
Shilpa Hiran
CMP | Compliance Officer | 46 | 31/07/2020 |
Composition of the Board of Directors: NetApp, Inc.
| Director | Title | Age | Since |
|---|---|---|---|
Gerald Held
BRD | Director/Board Member | 78 | 30/11/2009 |
Thomas Nevens
CHM | Chairman | 76 | 31/05/2015 |
George Kurian
BRD | Director/Board Member | 59 | 31/05/2015 |
Deborah Kerr
BRD | Director/Board Member | 54 | 31/10/2017 |
Deepak Ahuja
BRD | Director/Board Member | 63 | 03/02/2020 |
Carrie Palin
BRD | Director/Board Member | 54 | 03/02/2021 |
| Director/Board Member | 66 | 15/11/2023 | |
June Yang
BRD | Director/Board Member | 52 | 10/09/2024 |
Francis Pelzer
BRD | Director/Board Member | 55 | 20/03/2025 |
Paul Fipps
BRD | Director/Board Member | 53 | 07/01/2026 |
Company details: NetApp, Inc.
Group companies: NetApp, Inc.
| Name | Category and Sector |
|---|---|
NetApp India Pvt Ltd.
 NetApp India Pvt Ltd. Data Processing ServicesTechnology Services Provides data management and storage solutions |
Data Processing Services
|
NetApp India Marketing & Services Pvt Ltd. | |
Netapp Ireland Ltd. | |
NetApp BV
 NetApp BV NetApp BV provides intelligent data infrastructure and enterprise data storage solutions, specializing in unified data storage and management platforms for on-premises, public cloud (AWS, Azure, Google Cloud), hybrid cloud, and edge environments. The company is based in Amsterdam, the Netherlands. Its products include the ONTAP operating system, Cloud Volumes ONTAP, StorageGRID, and NetApp Console, which enable hybrid cloud data services, centralized management, and AI-driven autonomous operations. The Dutch company offers all-flash, hybrid-flash, NAS, and object storage systems, as well as cloud-integrated services such as Amazon FSx for NetApp ONTAP, Azure NetApp Files, and Google Cloud Volumes Service. NetApp provides subscription-based consumption models through Keystone Storage as a Service, supporting scalable storage across diverse environments. The platform is designed for AI readiness, with features for petabyte-scale data pipelines, real-time workload mobility, and in-place data access. Security features include ransomware resilience, air-gapped backups, zero-trust architecture, and threat detection. The company also offers data services such as backup and disaster recovery, replication, governance, observability, and workload optimization. NetApp serves industries including automotive, healthcare, financial services, manufacturing, media and entertainment, electronic design automation, oil and gas, and government, supporting infrastructure modernization, cloud transformation, and digital innovation. Additional services include professional, managed, and technical support, training and certification, and workload automation tools. |
Storage Devices
| Change | 5-day change | 1-year change | 3-year change | Capi.($) | ||
|---|---|---|---|---|---|---|
 | -6.99% | -16.58% | +58.42% | +147.91% | 39.12B | |
| -7.43% | -15.91% | +145.32% | +472.15% | 270B | |
| -6.59% | -14.38% | +419.34% | - | 164B | |
| -7.88% | -7.83% | +123.60% | +726.85% | 148B | |
| -7.52% | -4.93% | +114.27% | +703.11% | 137B | |
| -7.08% | -12.82% | +108.94% | +228.35% | 73.13B | |
| -10.40% | -13.36% | +15.40% | +232.50% | 42.31B | |
| 0.00% | -1.24% | +5.82% | +66.49% | 37.56B | |
| -1.13% | -2.70% | +114.74% | +971.80% | 37.23B | |
| +2.15% | -7.51% | +84.33% | +134.23% | 32.41B | |
| Average | -5.06% | -2.73% | +119.02% | +409.26% | 98.03B | |
| Weighted average by Cap. | -6.26% | -2.76% | +163.16% | +497.98% |
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