Throughout the world, leading organizations count on NetApp for software, systems, and services to manage and store their data. We help enterprises and service providers envision, deploy, and evolve their IT environments. Customers also benefit from our open collaboration with other technology leaders to create the specific solutions they need.
Our team is passionate about customer success. Our company culture and work environment support that dedication. Together with our global network of partners, we are united in one goal: to help our customers achieve the outcomes that matter most to them.

Company Growth (employees)
Type
Public
HQ
Sunnyvale, US
Founded
1992
Size (employees)
12,030 (est)
Website
netapp.com
NetApp was founded in 1992 and is headquartered in Sunnyvale, US

Key People/Management at NetApp

George Kurian

George Kurian

Chief Executive Officer
Jonathan Kissane

Jonathan Kissane

Senior Vice President, Chief Strategy Officer and General Manager
Matthew Fawcett

Matthew Fawcett

Senior Vice President, General Counsel, and Secretary
David Hitz

David Hitz

Executive Vice President and Founder
James Lau

James Lau

Professional Service Consultant

NetApp Office Locations

NetApp has offices in Sunnyvale, Boulder, Cranberry Township, Research Triangle Park and in 5 other locations
Sunnyvale, US (HQ)
495 East Java Drive
Hillsboro, US
3825 NW Aloclek Pl
Miami, US
1111 Brickell Ave
Vienna, US
1921 Gallows Rd
Wichita, US
3718 North Rock Road
Waltham, US
1601 Trapelo Road
Show all (9)

NetApp Financials and Metrics

NetApp Financials

NetApp's revenue was reported to be $5.5 b in FY, 2017
USD

Revenue (FY, 2017)

5.5 b

Revenue growth (FY, 2016 - FY, 2017), %

(0%)

Gross profit (FY, 2017)

3.4 b

Gross profit margin (FY, 2017), %

61%

Net income (FY, 2017)

509 m

EBIT (FY, 2017)

665 m

Market capitalization (19-Oct-2017)

12.3 b

Cash (28-Apr-2017)

2.4 b

EV

11.4 b
NetApp's current market capitalization is $12.3 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.3 b6.1 b5.5 b5.5 b

Revenue growth, %

(3%)(9%)(0%)

Cost of goods sold

2.4 b2.3 b2.2 b2.1 b

Gross profit

3.9 b3.8 b3.4 b3.4 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

1.5 b1.5 b1.6 b1.3 b1.4 b1.4 b1.3 b1.3 b1.4 b

Cost of goods sold

551.1 m560 m573.9 m519 m561 m531 m497 m511 m553 m

Gross profit

938.1 m982.5 m977.4 m816 m884 m855 m797 m829 m851 m

Gross profit Margin, %

63%64%63%61%61%62%62%62%61%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.3 b1.9 b2.9 b2.4 b

Accounts Receivable

778.9 m813 m731 m

Inventories

122.4 m146.5 m98 m163 m

Current Assets

6.5 b6.8 b6.4 b6.2 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

3 b2.9 b2.5 b2.3 b2.2 b2.5 b2.3 b2.1 b2.2 b

Accounts Receivable

415 m587 m585 m501 m547 m605 m

Inventories

104.2 m107.6 m117.8 m193 m125 m102 m81 m97 m125 m

Current Assets

6.7 b6.5 b6.6 b6.1 b6.1 b6.1 b5.2 b5.2 b5.6 b
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

637.5 m559.9 m229 m509 m

Depreciation and Amortization

226 m

Accounts Receivable

(56.6 m)74.8 m(16 m)81 m

Inventories

17 m(24.1 m)49 m(65 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

88.4 m159.8 m176.8 m(30 m)114 m153 m64 m109 m146 m

Accounts Receivable

415 m587 m585 m501 m547 m605 m

Inventories

104.2 m107.6 m117.8 m193 m125 m102 m81 m97 m125 m

Accounts Payable

183.1 m210.3 m194.2 m249 m226 m175 m239 m253 m258 m
USDY, 2017

EV/EBIT

17.1 x

EV/CFO

11.5 x

Revenue/Employee

458.8 k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

3.4 x
Show all financial metrics

NetApp Operating Metrics

NetApp's Patent Applications was reported to be 640 in FY, 2017
FY, 2014FY, 2015FY, 2016FY, 2017

Patents (US)

1.58 k1.75 k1.9 k2.1 k

Patent Applications

660680680640
Show all operating metrics

NetApp Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PlexistorMay 29, 2017$20 m
SolidFireDecember 21, 2015$870 m

NetApp Market Value History

NetApp Revenue Breakdown

NetApp Median Salaries

Source: 1.1 k public H-1B filings from NetApp

Traffic Overview of NetApp

NetApp Online and Social Media Presence

NetApp News and Updates

NetApp seeks to alleviate data inertia roadblock with Data Fabric

The inertia associated with large data sets has been problematic for developers and DevOps practitioners looking to optimize performance or cost in their infrastructures. One recent initiative from data management company NetApp Inc., called Data Fabric, enables these historically large, high-inerti…

Data storage needs explode in the healthcare industry

The healthcare industry regulations on data retention and security, such those set in the European Union General Data Protection Regulations, or GDPR, coupled with an explosion of new sources of data within hospitals and clinics from a range of medical devices is creating a data storage challenge. C…

NetApp focuses on helping enterprise leverage DevOps chops

In the previously siloed world of information technology infrastructure, systems administrators and developers generally came together only when they passed each other in the hallway. Not anymore. Organizations are increasingly under pressure to speed software deployment while managing the complexit…

By customer demand, NetApp reinvents itself for multicloud data management

When does a hot-ticket company in a cooling market jump on the bandwagon of a new technology? NetApp Inc. is transforming its healthy storage business into data management for multicloud computing environments. Tuning out media hype and Wall Street analysts, the company instead let customers, empowe…

NetApp seeks to drive innovation in flash storage market

Legacy computing company NetApp Inc. may not be the first to come to mind for the latest in technology innovation, but its experience and faithful customer base allows it to leverage its way to the forefront of new markets. One of the areas where NetApp is looking to drive innovation is in the flash…

NetApp becomes first LTC4-certified in-house legal team

More good news for LTC4, which announces today (16 October) that long time LTC4 champion NetApp has become the first in-house legal department to receive LTC4 certification.
Show more

NetApp Company Life and Culture

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