NetApp, Inc.
Publicly traded American data infrastructure company headquartered in San Jose, California. Provides unified data storage and cloud data services for enterprises, with $6.93 billion in FY2026 revenue.
Company Type
public
Founded
1992
Headquarters
San Jose, California, United States
Stock
NASDAQ: NTAP
Revenue
$6.93 billion (FY2026, ended April 2026)
Employees
approximately 11,700
Primary Market
Global
About NetApp, Inc.
What does NetApp own?
NetApp owns its storage and data services portfolio: ONTAP software, AFF and FAS storage arrays, StorageGRID, the Spot CloudOps suite, Instaclustr, and first-party cloud services offered with AWS, Azure, and Google Cloud.
Is NetApp publicly traded?
Yes. NetApp trades on NASDAQ under the ticker NTAP and is a member of the S&P 500. It has been public since its November 1995 IPO.
Who founded NetApp?
David Hitz, James Lau, and Michael Malcolm founded the company in 1992 in Santa Clara, California as Network Appliance, Inc. All three came from Auspex Systems. The company was renamed NetApp in 2008.
Where is NetApp headquartered?
NetApp is headquartered at 3060 Olsen Drive in San Jose, California. It relocated its headquarters from Sunnyvale to San Jose in 2021.
How many brands does NetApp own?
NetApp markets under one master brand. Its named product platforms are ONTAP, AFF, FAS, StorageGRID, Spot, and its cloud services delivered with the hyperscalers.
Who owns NetApp?
NetApp is owned by its public shareholders, with institutional investors including Vanguard, BlackRock, and State Street holding the largest positions. No founder or single investor holds control.
History of NetApp, Inc.
David Hitz and James Lau, engineers at Auspex Systems, teamed with Auspex executive Michael Malcolm to found Network Appliance in 1992 in Santa Clara, California. Their idea was a dedicated appliance for network file storage, simpler and more reliable than the general-purpose file servers then in use. The first product, a filer called the FAServer, shipped in 1993.
The timing was good. Internet adoption drove explosive demand for file storage, and the company's appliances became standard equipment at early web companies and enterprises. Network Appliance went public on NASDAQ in November 1995. Through the late 1990s it was one of the fastest-growing hardware companies in the world, surviving the dot-com crash better than most storage peers because its customer base had diversified into enterprise accounts.
The 2000s brought competition from EMC and later Dell. NetApp responded by moving up the stack, buying Spinnaker Networks in 2003 for clustered storage technology that became ONTAP 8's foundation, and expanding into backup, replication, and data management software. In 2008, the company renamed itself NetApp, adopting the shorthand customers already used.
The 2010s tested the standalone model. Public cloud adoption threatened on-premises storage spending, and NetApp went through restructuring rounds and a CEO transition from Tom Georgens to George Kurian in 2015. Kurian pushed the company into cloud services, acquiring startups including CloudCheckr, Spot (Spot.io), and Instaclustr, and striking deep engineering partnerships with AWS, Microsoft Azure, and Google Cloud so that ONTAP-based file services run natively inside each cloud.
In the 2020s the pivot paid off. All-flash array revenue reached a $4.1 billion annualized run rate in fiscal 2025, first-party and marketplace public cloud services revenue grew 43 percent to $416 million that year, and the company posted record revenue of $6.57 billion in fiscal 2025 followed by $6.93 billion in fiscal 2026. NetApp has positioned its storage layer as infrastructure for AI workloads, emphasizing the data pipelines that feed GPU clusters and training environments.
Awards & Recognition
NetApp has appeared repeatedly on Fortune's 100 Best Companies to Work For list, including top-10 placements in the 2010s. The company held a place in the Fortune 500 from 2012 to 2021 and is a current S&P 500 constituent. Its engineering organization holds more than 1,000 patents, and Gartner has repeatedly placed NetApp in the Leaders quadrant for primary storage platforms.
Controversy, Regulation & Public Scrutiny
NetApp has maintained a relatively clean regulatory record. It laid off about 3 percent of staff in early 2023 and made further reductions in subsequent years as part of cost restructuring, drawing standard coverage but no material disputes. The company disclosed a minor security incident in 2024 involving limited customer data in its cloud services and reported no material impact. It has faced no significant antitrust, securities, or product safety actions of public record.
Brands Owned by NetApp, Inc.
NetApp, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
NetApp, Inc.
public · Founded 1992 · San Jose, California, United States
1
brands
Stock Information
NetApp, Inc. Ownership: Pros & Cons
Advantages
- +Unique first-party presence inside AWS, Azure, and Google Cloud provides recurring cloud revenue rivals cannot replicate
- +Consistent profitability with 20 percent GAAP operating margins and a growing dividend
- +Large installed base of ONTAP customers creates high switching costs
- +AI infrastructure build-out provides a new demand cycle for high-performance storage
Considerations
- -Long-term structural decline in on-premises storage spending pressures the core business
- -Hyperscalers both partner and compete, and could change terms of first-party services
- -Pure Storage and cloud-native competitors grow faster in the all-flash segment
- -Hardware cyclicality makes quarterly results sensitive to enterprise IT budgets
Frequently Asked Questions About NetApp, Inc.
What does NetApp own?
NetApp owns its storage and data services portfolio: ONTAP software, AFF and FAS storage arrays, StorageGRID, the Spot CloudOps suite, Instaclustr, and first-party cloud services offered with AWS, Azure, and Google Cloud.
Is NetApp publicly traded?
Yes. NetApp trades on NASDAQ under the ticker NTAP and is a member of the S&P 500. It has been public since its November 1995 IPO.
Who founded NetApp?
David Hitz, James Lau, and Michael Malcolm founded the company in 1992 in Santa Clara, California as Network Appliance, Inc. All three came from Auspex Systems. The company was renamed NetApp in 2008.
Where is NetApp headquartered?
NetApp is headquartered at 3060 Olsen Drive in San Jose, California. It relocated its headquarters from Sunnyvale to San Jose in 2021.
How many brands does NetApp own?
NetApp markets under one master brand. Its named product platforms are ONTAP, AFF, FAS, StorageGRID, Spot, and its cloud services delivered with the hyperscalers.
Who owns NetApp?
NetApp is owned by its public shareholders, with institutional investors including Vanguard, BlackRock, and State Street holding the largest positions. No founder or single investor holds control.
Sources & Further Reading
Jobs at NetApp, Inc.
Latest News About NetApp, Inc.
Related Articles About NetApp, Inc.
View more articles
Hospital and Clinic Brand Ownership
HCA Healthcare is the largest for-profit hospital system (190 hospitals, $75.6B revenue). Tenet has 50 hospitals ($21.3B). UHS has 346 behavioral facilities. Fresenius leads dialysis. Explore our database.
Eye Care Brand Ownership: Bausch & Lomb to Alcon
J&J Vision (Acuvue) leads contact lenses at 27-30%. Alcon (Novartis spin-off) holds 25-27%. CooperVision has 22-24%. Bausch + Lomb has 12-15%. EssilorLuxottica dominates lenses at 30.7%. Explore our database.
Dental Brand Ownership Beyond Colgate and Crest
Colgate holds 41.3% global toothpaste share. P&G (Crest, Oral-B) has 14.1%. Haleon (Sensodyne) has 4.4%. Church & Dwight is the only independent at scale. The oral care market is $47.2B. Explore our database.
Related Companies to NetApp, Inc.
View more companies
Arista Networks, Inc.
Publicly traded cloud networking company (NYSE: ANET) founded in 2004, posting record $3.66 billion quarterly revenue in Q3 2026 on AI demand.
1 brand in portfolio
Atlassian Corporation
Australian-American software company providing AI-powered collaboration, project management, and developer productivity tools including Jira, Confluence, and Trello.
7 brands in portfolio
Everpure, Inc.
Publicly traded data infrastructure company (NYSE: PSTG) formerly known as Pure Storage, reporting $3.66 billion in FY2026 revenue.
1 brand in portfolio
Fortinet, Inc.
Publicly traded American cybersecurity company headquartered in Sunnyvale, California. Maker of FortiGate firewalls and the Fortinet Security Fabric, with $6.80 billion in FY2025 revenue.
1 brand in portfolio
GoDaddy Inc.
Publicly traded American internet services company headquartered in Tempe, Arizona. The world's largest domain registrar with about 81 million domains under management and $4.95 billion in FY2025 revenue.
1 brand in portfolio
HubSpot, Inc.
Publicly traded American CRM software company headquartered in Cambridge, Massachusetts. Sells an AI-powered customer platform for marketing, sales, and service teams, with $3.13 billion in FY2025 revenue.
1 brand in portfolio