NetApp (NTAP) Revenue & Revenue Breakdown
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 | $22.23B |
| HPQ | HP | $53.72B | $13.52B |
| WDC | Western Digital | $13.00B | $3.46B |
| STX | Seagate Technology | $6.55B | $1.66B |
| NTAP | NetApp | $6.27B | $1.54B |
| ANET | Arista Networks | $5.86B | $1.69B |
| SMCI | Super Micro Computer | $5.84B | $3.85B |
| LOGI | Logitech | $4.22B | $1.09B |
| PSTG | Pure Storage | $2.83B | $693.48M |
| 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.