Business description: NetApp, Inc.

NetApp, Inc. specializes in the design, manufacturing and marketing of equipment for managing and storing network data. Net sales break down by family of products and services as follows:

- product sales (45.5%): file, cache and storage servers, data management, content distribution and information synthesis softwares;

- support services (39.7%): consulting, maintenance, technical assistance and training services;

- cloud services (9.7%): cloud storage and data management services;

- professional services (5.1%).

Net sales are distributed geographically as follows: Americas (50.9%), Europe/Middle East/Africa (33.6%) and Asia/Pacific (15.5%).

Number of employees: 11,700

Sales by Activity: NetApp, Inc.

Fiscal Period: April20212022202320242025

Hybrid Cloud

- 5.92B 5.79B 5.66B 5.91B

High-Performance Storage and Data Management Solutions

5.74B - - - -

Public Cloud

- 396M 575M 611M 665M
See all business segments

Geographical breakdown of sales: NetApp, Inc.

Fiscal Period: April20212022202320242025

United States (U.S.)

2.78B 3.04B 2.97B 2.95B 3.09B

Europe, Middle East and Africa (EMEA)

1.78B 1.98B 2.06B 2.1B 2.2B

Asia Pacific (APAC)

872M 879M 909M 971M 1.02B

Americas (Excl. U.S.)

313M 419M 417M 241M 255M
See all geographic segments

Executive Committee: NetApp, Inc.

Manager TitleAgeSince
Chief Executive Officer 58 2015-05-31
Director of Finance/CFO 55 2025-03-09
President 53 2020-06-30
Chief Operating Officer - 2023-12-31
Chief Administrative Officer 55 2025-03-02
See NETAPP, INC. governance

Composition of the Board of Directors: NetApp, Inc.

Director TitleAgeSince
Director/Board Member 77 2009-11-30
Chairman 75 2015-05-31
Director/Board Member 58 2015-05-31
Director/Board Member 53 2017-10-31
Director/Board Member 57 2017-10-31
Director/Board Member 62 2020-02-03
Director/Board Member 53 2021-02-03
Director/Board Member 64 2023-11-15
Director/Board Member 51 2024-09-10
Director/Board Member 54 2025-03-20
Composition of the Board of Directors

Shareholders: NetApp, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
13.3 %
27,041,930 13.3 % 2 881 M $
BlackRock Advisors LLC
8.057 %
16,381,232 8.057 % 1 745 M $
PRIMECAP Management Co.
5.658 %
11,502,090 5.658 % 1 226 M $
5.117 %
10,404,024 5.117 % 1 109 M $
Ameriprise Financial Services LLC
3.491 %
7,096,679 3.491 % 756 M $
List of NETAPP, INC. shareholders

Company details: NetApp, Inc.

NetApp, Inc.

3060 Olsen Drive

95128, San Jose

+408 822 6000

http://www.netapp.com
address NetApp, Inc.(NTAP)

Group companies: NetApp, Inc.

NameCategory and Sector
Data Processing Services
NetApp India Marketing & Services Pvt Ltd.
Netapp Ireland Ltd.
NetApp BV
See all subsidiaries

Storage Devices

Change 5d. change 1-year change 3-years change Capi.($)
-0.09%-0.97%-18.80%+62.45% 21.14B
-1.75%+1.69%-17.30%+43.50% 22.75B
-0.12%+2.10%-13.49%+114.54% 18.35B
+3.07%+3.66% - - 6.57B
-0.70%-0.79%+24.12%+75.96% 2.29B
-0.58%-2.71%-26.86%+113.09% 826M
0.00%+2.32%-24.59%+53.24% 764M
-0.93%-4.81%+25.94%+92.56% 658M
0.00%-6.90%-10.27%+107.69% 460M
-1.46%+1.00%-44.08%+37.72% 242M
Average -0.28%-1.14%-11.70%+77.86% 7.4B
Weighted average by Cap. -0.44%+0.09%-15.16%+71.71%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
105.50USD
Average target price
114.39USD
Spread / Average Target
+8.42%
Consensus

Quarterly revenue - Rate of surprise