NetApp (NTAP) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

NetApp Revenue Highlights

Latest Revenue (Y)

$6.27B

Latest Revenue (Q)

$1.54B

Main Segment (Y)

Hybrid Cloud Segment

Main Geography (Y)

Americas

NetApp Revenue by Period

NetApp Revenue by Year

Date	Revenue	Change
2024-04-26	$6.27B	-1.48%
2023-04-28	$6.36B	0.70%
2022-04-29	$6.32B	9.99%
2021-04-30	$5.74B	6.13%
2020-04-24	$5.41B	-11.94%
2019-04-26	$6.15B	3.98%
2018-04-27	$5.91B	7.10%
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	$6.33B	1.59%
2012-04-27	$6.23B	21.68%
2011-04-29	$5.12B	30.30%
2010-04-30	$3.93B	15.41%
2009-04-24	$3.41B	3.13%
2008-04-25	$3.30B	17.79%
2007-04-27	$2.80B	35.70%
2006-04-30	$2.07B	29.30%
2005-04-30	$1.60B	36.56%
2004-04-30	$1.17B	31.19%
2003-04-25	$892.07M	11.74%
2002-04-26	$798.37M	-20.65%
2001-04-27	$1.01B	73.69%
2000-04-28	$579.30M	100.16%
1999-04-30	$289.42M	74.18%
1998-04-24	$166.16M	78.03%
1997-04-25	$93.33M	100.15%
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

Date	Revenue	Change
2024-07-26	$1.54B	-7.56%
2024-04-26	$1.67B	3.80%
2024-01-26	$1.61B	2.82%
2023-10-27	$1.56B	9.08%
2023-07-28	$1.43B	-9.42%
2023-04-28	$1.58B	3.60%
2023-01-27	$1.53B	-8.24%
2022-10-28	$1.66B	4.46%
2022-07-29	$1.59B	-5.35%
2022-04-29	$1.68B	4.21%
2022-01-28	$1.61B	3.07%
2021-10-29	$1.57B	7.41%
2021-07-30	$1.46B	-6.24%
2021-04-30	$1.55B	5.78%
2021-01-29	$1.47B	3.81%
2020-10-30	$1.42B	8.67%
2020-07-31	$1.30B	-7.00%
2020-04-24	$1.40B	-0.21%
2020-01-24	$1.40B	2.41%
2019-10-25	$1.37B	10.92%
2019-07-26	$1.24B	-22.36%
2019-04-26	$1.59B	1.86%
2019-01-25	$1.56B	3.03%
2018-10-26	$1.52B	2.92%
2018-07-27	$1.47B	-10.18%
2018-04-27	$1.64B	7.75%
2018-01-26	$1.52B	7.10%
2017-10-27	$1.42B	7.32%
2017-07-28	$1.32B	-10.53%
2017-04-28	$1.48B	5.48%
2017-01-27	$1.40B	4.78%
2016-10-28	$1.34B	3.55%
2016-07-29	$1.29B	-6.23%
2016-04-29	$1.38B	-0.43%
2016-01-29	$1.39B	-4.08%
2015-10-30	$1.45B	8.24%
2015-07-31	$1.33B	-13.29%
2015-04-24	$1.54B	-0.75%
2015-01-23	$1.55B	0.57%
2014-10-24	$1.54B	3.58%
2014-07-25	$1.49B	-9.69%
2014-04-25	$1.65B	2.42%
2014-01-24	$1.61B	3.88%
2013-10-25	$1.55B	2.22%
2013-07-26	$1.52B	-11.67%
2013-04-26	$1.72B	5.30%
2013-01-25	$1.63B	5.77%
2012-10-26	$1.54B	6.69%
2012-07-27	$1.44B	-15.15%
2012-04-27	$1.70B	8.75%
2012-01-27	$1.57B	3.88%
2011-10-28	$1.51B	3.35%
2011-07-29	$1.46B	-3.39%
2011-04-29	$1.51B	19.02%
2011-01-28	$1.27B	5.03%
2010-10-29	$1.21B	6.12%
2010-07-30	$1.14B	-2.90%
2010-04-30	$1.17B	15.83%
2010-01-29	$1.01B	11.17%
2009-10-30	$910.03M	8.60%
2009-07-31	$837.96M	-4.74%
2009-04-24	$879.64M	17.86%
2009-01-23	$746.34M	-18.13%
2008-10-24	$911.63M	4.93%
2008-07-25	$868.78M	-7.35%
2008-04-25	$937.73M	6.08%
2008-01-25	$884.00M	-

NetApp generated $1.54B in revenue during Q1 2025, up -7.56% compared to the previous quarter, and up 97.47% compared to the same period a year ago.

NetApp Revenue Breakdown

NetApp Revenue Breakdown by Product

Annual Revenue by Product

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

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/Service	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Public Cloud Segment	$159.00M	$152.00M	$151.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hybrid Cloud Segment	$1.38B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Support	-	-	$631.00M	$623.00M	$598.00M	$616.00M	$607.00M	$598.00M	$590.00M	$586.00M	$590.00M	$578.00M	-	-	-	-	-	-	-	-
Public Cloud	-	-	$151.00M	$154.00M	$151.00M	$150.00M	$142.00M	$132.00M	$120.00M	$110.00M	$87.00M	$79.00M	-	-	-	-	-	-	-	-
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	$60.00M	-
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	$771.00M	-
Service	-	-	-	-	$842.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$334.00M	$303.00M	$301.00M	$267.00M	$263.00M	$254.00M
Hardware Maintenance Support Contracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$293.00M	$296.00M	$307.00M	$279.00M	$293.00M	$286.00M
Hardware Maintenance And Other Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$361.00M	$364.00M	$375.00M	$341.00M	$354.00M	$346.00M
Strategic Product Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$544.00M	$483.00M	$442.00M
Mature Product Revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$249.00M	$304.00M	$329.00M

NetApp's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Hybrid Cloud Segment (89.68%), and Public Cloud Segment (10.32%).

NetApp Revenue Breakdown by Country

Annual Revenue by Country

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

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

Country	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Asia Pacific	$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	$198.00M
Americas	$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	$771.00M
E M E A	$513.00M	$566.00M	$567.00M	$461.00M	$454.00M	$496.00M	$474.00M	$422.00M	$383.00M	$444.00M	$494.00M	$402.00M	-	-	-	-	-	-	-	-
EMEA	-	-	$567.00M	$525.00M	$446.00M	$537.00M	$491.00M	$535.00M	$500.00M	$548.00M	$516.00M	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	-	$682.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional And Other Services	-	-	-	-	-	-	$78.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Public Cloud	-	-	-	-	-	-	$150.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Support	-	-	-	-	-	-	$616.00M	-	-	-	-	-	-	-	-	-	-	-	-	-

NetApp's latest quarterly revenue breakdown by geography, as of Jul 24: Americas (49.51%), E M E A (33.29%), and Asia Pacific (17.20%).

NetApp Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DELL	Dell	$88.42B	$25.03B
HPQ	HP	$53.72B	$13.52B
WDC	Western Digital	$13.00B	$4.09B
STX	Seagate Technology	$6.55B	$2.17B
NTAP	NetApp	$6.27B	$1.54B
ANET	Arista Networks	$5.86B	$1.81B
SMCI	Super Micro Computer	$5.84B	$3.85B
LOGI	Logitech	$4.22B	$1.11B
PSTG	Pure Storage	$2.83B	$763.77M
SSYS	Stratasys	$627.60M	$144.05M
DDD	3D Systems	$488.07M	$113.25M
NNDM	Nano 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 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). The company'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). NTAP's quarterly revenue for Q3 2024 was $1.61B, a 2.82% increase from the previous quarter (Q2 2024), and a 5.24% increase year-over-year (Q3 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 Public Cloud Segment, and Hybrid Cloud Segment. Public Cloud Segment generated $611M in revenue, accounting 9.75% of the company's total revenue, up 6.26% year-over-year. Hybrid Cloud Segment generated $5.66B in revenue, accounting 90.25% of the company's total revenue

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.