![]() Rackspace Technology Rackspace Technology is a company that designs, builds, and operates end-to-end multi-cloud technology platforms. | ![]() NetApp NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions. | ||
Founding Date | Founding Date 1998 | Founding Date 1992 | Founding Date 1998 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations San Antonio, US HQ Melbourne, AU Sydney, AU Toronto, CA Alexandria, EG Giza, EG Hamburg, DE see more | Locations San Jose, US HQ Brisbane, AU Bruce, AU Canberra, AU Melbourne, AU North Sydney, AU Vienna, AT see more | Locations Palo Alto, US HQ |
Employees | Employees 5,0002% decrease | Employees 11,7001% decrease | Employees 38,300 |
Valuation ($) | Valuation ($) 540.2 m | Valuation ($) 27.2 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $2.7b (FY, 2025) | Revenue (est.) $6.6b (FY, 2025) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods $2.2b (FY, 2025) | Cost of goods $2b (FY, 2025) | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit $506.4m (FY, 2025) | Gross profit $4.6b (FY, 2025) | Gross profit $10.9b (FY, 2023) |
Net income | Net income ($225.8m) (FY, 2025) | Net income $1.2b (FY, 2025) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||
ARR | ARR $2.9b (Q3, 2021) | ARR N/A | ARR $5.3b (Q2, 2023) |
Remaining Performance Obligations | Remaining Performance Obligations $754m (Q3, 2021) | Remaining Performance Obligations N/A | Remaining Performance Obligations $12.9b (Q2, 2023) |
Funding | |||
Total funding raised | Total funding raised $ 17.8m | Total funding raised N/A | Total funding raised $ 393.5m |

NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions.
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