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NetApp, Inc.: Business Overview, Financials & Competitive Analysis

NetApp provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures globally. The company delivered $6.57 billion in net revenues for fiscal year 2025, with...

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What's in This Report
NetApp, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Strong

Cyborg Score thesis

NetApp is a market leader in hybrid cloud data infrastructure with strong profitability and cloud momentum, though valuation and...

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Industry Enterprise Data Infrastructure & Cloud Storage
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 22, 2026
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NetApp, Inc. Overview

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NetApp provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures globally. The company delivered $6.57 billion in net revenues for fiscal year 2025, with a 43% year-over-year growth in Public Cloud services revenue, proving its pivot to a cloud-led, data-centric model is working.

Strategic Profile

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NetApp is navigating a pivotal shift to become a leader in intelligent data infrastructure, especially in All-Flash Array (AFA) and AI segments, positioned as a critical vendor for hybrid cloud strategies leveraging its core ONTAP software to bridge on-premises data centers with major hyperscalers. The company operates through two segments—Hybrid Cloud and Public Cloud—offering data management software like ONTAP and storage infrastructure solutions.

Competitive Landscape

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NetApp serves various industries and partners with leading cloud providers. Primary competitors include pure-play cloud storage vendors (AWS, Azure, Google Cloud), legacy storage providers (Dell/EMC, HPE), and hyperconverged infrastructure players (Nutanix, Pure Storage). NetApp's differentiation lies in its ONTAP software platform that bridges on-premises and multi-cloud environments.

Industry Context

NetApp, Inc. operates in Enterprise Data Infrastructure & Cloud Storage.

Key facts

Founded: 1992 · Headquarters: San Jose, US · Employees: 11,700 · Revenue: $6.57B · Market cap: $30B

What the analysts stress-tested

The top findings that survived the multi-agent debate for NetApp, Inc..

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

AWSLeading public cloud infrastructure and storage services→AzureEnterprise cloud platform with integrated storage solutions→Google Cloud StorageScalable cloud storage and data management→Dell EMCLegacy enterprise storage and data center solutions→

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Industry context

NetApp, Inc. operates in Enterprise Data Infrastructure & Cloud Storage. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does NetApp, Inc. do?+
NetApp provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures globally. The company delivered $6.57 billion in net revenues for fiscal year 2025, with...
What is NetApp, Inc.'s Cyborg Score?+
NetApp, Inc. has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are NetApp, Inc.'s main competitors?+
Named competitors include AWS, Azure, Google Cloud Storage, Dell EMC. The full competitive landscape is in the AskCyborg report.
How can I get the full NetApp, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the NetApp, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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