NetApp (NTAP) Revenue & Revenue Breakdown


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NetApp Revenue Highlights


Latest Revenue (Y)

$6.27B

Latest Revenue (Q)

$1.66B

Main Segment (Y)

Hybrid Cloud Segment

Main Geography (Y)

Americas

NetApp Revenue by Period


NetApp Revenue by Year

DateRevenueChange
2024-04-26$6.27B-1.48%
2023-04-28$6.36B0.70%
2022-04-29$6.32B9.99%
2021-04-30$5.74B6.13%
2020-04-24$5.41B-11.94%
2019-04-26$6.15B3.98%
2018-04-27$5.91B7.10%
2017-04-28$5.52B-0.49%
2016-04-29$5.55B-9.42%
2015-04-24$6.12B-3.20%
2014-04-25$6.33B-0.12%
2013-04-26$6.33B1.59%
2012-04-27$6.23B21.68%
2011-04-29$5.12B30.30%
2010-04-30$3.93B15.41%
2009-04-24$3.41B3.13%
2008-04-25$3.30B17.79%
2007-04-27$2.80B35.70%
2006-04-30$2.07B29.30%
2005-04-30$1.60B36.56%
2004-04-30$1.17B31.19%
2003-04-25$892.07M11.74%
2002-04-26$798.37M-20.65%
2001-04-27$1.01B73.69%
2000-04-28$579.30M100.16%
1999-04-30$289.42M74.18%
1998-04-24$166.16M78.03%
1997-04-25$93.33M100.15%
1996-04-26$46.63M-

NetApp generated $6.27B in revenue during NA 2024, up -1.48% compared to the previous quarter, and up 101.99% compared to the same period a year ago.

NetApp Revenue by Quarter

DateRevenueChange
2024-10-25$1.66B7.59%
2024-07-26$1.54B-7.56%
2024-04-26$1.67B3.80%
2024-01-26$1.61B2.82%
2023-10-27$1.56B9.08%
2023-07-28$1.43B-9.42%
2023-04-28$1.58B3.60%
2023-01-27$1.53B-8.24%
2022-10-28$1.66B4.46%
2022-07-29$1.59B-5.35%
2022-04-29$1.68B4.21%
2022-01-28$1.61B3.07%
2021-10-29$1.57B7.41%
2021-07-30$1.46B-6.24%
2021-04-30$1.55B5.78%
2021-01-29$1.47B3.81%
2020-10-30$1.42B8.67%
2020-07-31$1.30B-7.00%
2020-04-24$1.40B-0.21%
2020-01-24$1.40B2.41%
2019-10-25$1.37B10.92%
2019-07-26$1.24B-22.36%
2019-04-26$1.59B1.86%
2019-01-25$1.56B3.03%
2018-10-26$1.52B2.92%
2018-07-27$1.47B-10.18%
2018-04-27$1.64B7.75%
2018-01-26$1.52B7.10%
2017-10-27$1.42B7.32%
2017-07-28$1.32B-10.53%
2017-04-28$1.48B5.48%
2017-01-27$1.40B4.78%
2016-10-28$1.34B3.55%
2016-07-29$1.29B-6.23%
2016-04-29$1.38B-0.43%
2016-01-29$1.39B-4.08%
2015-10-30$1.45B8.24%
2015-07-31$1.33B-13.29%
2015-04-24$1.54B-0.75%
2015-01-23$1.55B0.57%
2014-10-24$1.54B3.58%
2014-07-25$1.49B-9.69%
2014-04-25$1.65B2.42%
2014-01-24$1.61B3.88%
2013-10-25$1.55B2.22%
2013-07-26$1.52B-11.67%
2013-04-26$1.72B5.30%
2013-01-25$1.63B5.77%
2012-10-26$1.54B6.69%
2012-07-27$1.44B-15.15%
2012-04-27$1.70B8.75%
2012-01-27$1.57B3.88%
2011-10-28$1.51B3.35%
2011-07-29$1.46B-3.39%
2011-04-29$1.51B19.02%
2011-01-28$1.27B5.03%
2010-10-29$1.21B6.12%
2010-07-30$1.14B-2.90%
2010-04-30$1.17B15.83%
2010-01-29$1.01B11.17%
2009-10-30$910.03M8.60%
2009-07-31$837.96M-4.74%
2009-04-24$879.64M17.86%
2009-01-23$746.34M-18.13%
2008-10-24$911.63M4.93%
2008-07-25$868.78M-7.35%
2008-04-25$937.73M6.08%
2008-01-25$884.00M-

NetApp generated $1.66B in revenue during Q2 2025, up 7.59% compared to the previous quarter, and up 115.78% compared to the same period a year ago.

NetApp Revenue Breakdown


NetApp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceApr 24Apr 23Apr 22Apr 21Apr 20
Hybrid Cloud Segment$5.66B----
Public Cloud Segment$611.00M$575.00M---
Service-$3.31B---
Public Cloud--$396.00M--
Product--$3.28B$2.99B$3.00B
Professional And Other Services--$294.00M$277.00M$241.00M
Support--$2.34B--
Hardware Support And Other Services---$1.47B-
Hardware Support Contracts---$1.20B-
Software Support---$1.28B-
Strategic Product Revenues----$1.81B
Hardware Maintenance And Other Services----$1.38B
Hardware Maintenance Support Contracts----$1.14B
Mature Product Revenues----$1.19B
Software Maintenance----$1.03B

NetApp's latest annual revenue breakdown by segment (product or service), as of Apr 24: Hybrid Cloud Segment (90.25%), and Public Cloud Segment (9.75%).

Quarterly Revenue by Product

Product/ServiceOct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20
Hybrid Cloud Segment$1.49B$1.38B------------------
Public Cloud Segment$168.00M$159.00M$152.00M$151.00M----------------
Professional And Other Services---$77.00M$79.00M$88.00M$78.00M$77.00M$76.00M$76.00M$72.00M$75.00M$71.00M$73.00M$68.00M$68.00M$68.00M$62.00M$61.00M-
Public Cloud---$151.00M$154.00M$151.00M$150.00M$142.00M$132.00M$120.00M$110.00M$87.00M$79.00M-------
Support---$631.00M$623.00M$598.00M$616.00M$607.00M$598.00M$590.00M$586.00M$590.00M$578.00M-------
Product---$747.00M$706.00M$744.00M$682.00M$837.00M$786.00M$894.00M$846.00M$814.00M$730.00M$840.00M$775.00M$749.00M$627.00M$793.00M$787.00M-
Service-----$842.00M--------------
Hardware Maintenance And Other Services---------------$361.00M$364.00M$375.00M$341.00M$354.00M
Hardware Maintenance Support Contracts---------------$293.00M$296.00M$307.00M$279.00M$293.00M
Software Maintenance---------------$334.00M$303.00M$301.00M$267.00M$263.00M
Mature Product Revenues------------------$249.00M$304.00M
Strategic Product Revenues------------------$544.00M$483.00M

NetApp's latest quarterly revenue breakdown by segment (product or service), as of Oct 24: Hybrid Cloud Segment (89.87%), and Public Cloud Segment (10.13%).

NetApp Revenue Breakdown by Country

Annual Revenue by Country

CountryApr 24Apr 23Apr 22Apr 21Apr 20
E M E A$2.10B$2.06B$1.77B$1.74B-
Americas$3.19B$3.39B$3.46B$3.10B$2.86B
Asia Pacific$971.00M$909.00M$879.00M$872.00M$807.00M
EMEA-$2.06B$1.98B--
Public Cloud--$396.00M--
Professional And Other Services--$294.00M--
Product--$3.28B--
Support--$2.34B--

NetApp's latest annual revenue breakdown by geography, as of Apr 24: Americas (50.94%), E M E A (33.57%), and Asia Pacific (15.49%).

Quarterly Revenue by Country

CountryOct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20
Asia Pacific$253.00M$265.00M$254.00M$237.00M$248.00M$232.00M$220.00M$214.00M$239.00M$236.00M$228.00M$196.00M$237.00M$218.00M$230.00M$218.00M$213.00M$211.00M$195.00M$215.00M
Americas$862.00M$763.00M$848.00M$802.00M$789.00M$754.00M$824.00M$821.00M$889.00M$856.00M$904.00M$902.00M$868.00M$786.00M$829.00M$778.00M$781.00M$709.00M$762.00M$695.00M
E M E A$543.00M$513.00M$566.00M$567.00M$461.00M$454.00M$496.00M$474.00M$422.00M$383.00M$444.00M$494.00M--------
EMEA---$567.00M$525.00M$446.00M$537.00M$491.00M$535.00M$500.00M$548.00M$516.00M--------
Support-------$616.00M------------
Public Cloud-------$150.00M------------
Professional And Other Services-------$78.00M------------
Product-------$682.00M------------

NetApp's latest quarterly revenue breakdown by geography, as of Oct 24: Americas (51.99%), E M E A (32.75%), and Asia Pacific (15.26%).

NetApp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
DELLDell$88.42B$24.37B
HPQHP$53.56B$13.52B
WDCWestern Digital$13.00B$4.09B
STXSeagate Technology$6.55B$2.17B
NTAPNetApp$6.27B$1.66B
ANETArista Networks$5.86B$1.81B
SMCISuper Micro Computer$5.84B$3.85B
LOGILogitech$4.22B$1.11B
PSTGPure Storage$2.83B$762.84M
SSYSStratasys$627.60M$144.05M
DDD3D Systems$488.07M$112.94M
NNDMNano Dimension$56.31M$13.51M

NTAP Revenue FAQ


What is NetApp’s yearly revenue?

NetApp's yearly revenue for 2024 was $6.27B, representing a decrease of -1.48% compared to 2023. The company's yearly revenue for 2023 was $6.36B, representing an increase of 0.70% compared to 2022. NTAP's yearly revenue for 2022 was $6.32B, representing an increase of 9.99% compared to 2021.

What is NetApp’s quarterly revenue?

NetApp's quarterly revenue for Q2 2025 was $1.66B, a 7.59% increase from the previous quarter (Q1 2025), and a 6.15% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $1.54B, a -7.56% decrease from the previous quarter (Q4 2024), and a 7.61% increase year-over-year (Q1 2024). NTAP's quarterly revenue for Q4 2024 was $1.67B, a 3.80% increase from the previous quarter (Q3 2024), and a 5.44% increase year-over-year (Q4 2023).

What is NetApp’s revenue growth rate?

NetApp's revenue growth rate for the last 3 years (2022-2024) was -0.79%, and for the last 5 years (2020-2024) was 15.82%.

What are NetApp’s revenue streams?

NetApp's revenue streams in r 24 are Hybrid Cloud Segment, and Public Cloud Segment. Hybrid Cloud Segment generated $5.66B in revenue, accounting 90.25% of the company's total revenue Public Cloud Segment generated $611M in revenue, accounting 9.75% of the company's total revenue, up 6.26% year-over-year.

What is NetApp’s main source of revenue?

For the fiscal year ending Apr 24, the largest source of revenue of NetApp was Hybrid Cloud Segment. This segment made a revenue of $5.66B, representing 90.25% of the company's total revenue.