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 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 4 other locations
Sunnyvale, US (HQ)
495 East Java Drive
Miami, US
1111 Brickell Ave
Vienna, US
600 1921 Gallows Rd
Wichita, US
3718 North Rock Road
Waltham, US
Reservoir Place, South Building 1601 Trapelo Road, Suite 16
Research Triangle Park, US
7301 Kit Creek Road
Cranberry Township, US
800 Cranberry Woods Drive Suite 400
Boulder, US
5400 Airport Boulevard Suite 100

NetApp Metrics

NetApp Financial Metrics

Revenue (2016)

$5.5 b

Revenue growth (2015-16), %

(9%)

Gross profit

$3.4 b

Gross profit margin (2016), %

61%

Net income (2016)

$229 m

Market capitalization (21-Mar-2017)

$11.3 b

Closing share price (21-Mar-2017)

$42

Cash (29-Apr-2016)

$2.9 b
NetApp's current market capitalization is $11.3 b.
NetApp's revenue was reported to be $5.5 b in FY, 2016 which is a 9.4% decrease from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$6.3 b$6.1 b$5.5 b

Revenue growth, %

(3%)(9%)

Cost of goods sold

$2.4 b$2.3 b$2.2 b

Gross profit

$3.9 b$3.8 b$3.4 b

Gross profit Margin, %

62%63%61%

Operating expense total

$3.2 b$3.1 b$3 b

EBIT

$734.3 m$716.5 m$348 m

EBIT margin, %

12%12%6%

Pre tax profit

$740.7 m$712.8 m$345 m

Income tax expense

$103.2 m$152.9 m$116 m

Net Income

$637.5 m$559.9 m$229 m
Y, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

$1.7 b$2.8 b$1.5 b$3.3 b$2.3 b$1.9 b$2.9 b

Accounts Receivable

$778.9 m$813 m

Inventories

$122.4 m$146.5 m$98 m

Current Assets

$6.5 b$6.8 b$6.4 b

PP&E

$1.1 b$1 b$937 m

Goodwill

$988.1 m$1 b$1.7 b

Total Assets

$9.2 b$9.4 b$10 b

Accounts Payable

$247 m$283.4 m$254 m

Total Debt

$995.5 m$1.5 b$1.5 b

Current Liabilities

$2.7 b$2.7 b$3.7 b

Additional Paid-in Capital

$3.8 b$3.4 b

Retained Earnings

$1.1 m$53.2 m

Total Equity

$3.8 b$3.4 b$2.9 b

Debt to Equity Ratio

0.3 x0.4 x0.5 x

Debt to Assets Ratio

0.1 x0.2 x0.1 x

Financial Leverage

2.4 x2.8 x3.5 x
FY, 2014FY, 2015FY, 2016

Net Income

$637.5 m$559.9 m$229 m

Accounts Receivable

($56.6 m)$74.8 m($16 m)

Inventories

$17 m($24.1 m)$49 m

Accounts Payable

($12.1 m)$38.6 m($53 m)

Cash From Operating Activities

$1.3 b$1.3 b$974 m

Purchases of PP&E

($221.4 m)($175.3 m)($160 m)

Cash From Investing Activities

$760.4 m($903.2 m)$85 m

Long-term Borrowings

($1.3 b)

Dividends Paid

($202.3 m)($207.4 m)($210 m)

Cash From Financing Activities

($3.1 b)($675.2 m)($109 m)

NetApp Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SolidFireDecember 21, 2015$870 m

NetApp Market Value History

NetApp Median Salaries

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

NetApp Online Presence

NetApp News

NetApp Company Life

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