NetApp is a publicly owned company headquartered in the US. Founded in 1992, it employs approximately 13,070 individuals and reported $6.6B in revenue as of 2024. Its main product is software development. The company specializes in providing enterprise data management and storage solutions, with its operations structured around three business units: products, software maintenance, and hardware maintenance.
NetApp introduced AI-focused data services, specifically Google Cloud NetApp Volumes, at Google Cloud Next 2026 on May 2. These services aim to facilitate enterprise and AI workloads within Google Cloud without requiring significant rearchitecture. This follows the April 2026 announcement with Google Cloud at Google Cloud Next, detailing how new Google Cloud NetApp Volumes innovations enable enterprises to run applications, databases, and AI workloads in Google Cloud without rearchitecting existing environments, deepening NetApp's integration into hyperscale cloud ecosystems. Earlier on May 1, NetApp Senior Vice President of Cloud Sales Ashish Dhawan and Senior Vice President of Cloud Storage and Services Pravjit Tiwana addressed enterprise data sprawl, stating that building data pipelines to reach data where it lives, rather than forcing migration, is key to powering AI at scale. NetApp's push with new capabilities for Google Cloud at Google Cloud Next 2026, simplifying the deployment of AI workloads and enterprise applications, also highlighted questions regarding its valuation gap and growth prospects.
NetApp offers 4 products in the connectivity and cloud and media tech industries. NetApp's product portfolio comprises of media cloud and storage and enterprise cloud.
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NetApp's revenues were $6.6B in 2024. Caretta Research has split NetApp's revenue into 3 different product categories.
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NetApp's customers primarily consist of animation and Post-production and spectator Sports companies. Examples of NetApp's customers include team.blue, National Football League (NFL) and DreamWorks Animation. NetApp has commercial and technical partners like Lenovo, Google and Amazon Web Services (AWS). Examples of NetApp's suppliers include Google and Advanced Systems Group.
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