NetApp, Inc.
Close on Oct 19, 2026
- Market cap
- $41.47B
- P/E (TTM)
- 29.2
- Dividend yield
- 1.00%
About NetApp
Computer Storage Devices, SIC 3572
NetApp, Inc. provides intelligent data infrastructure and management solutions, enabling organizations to manage, protect, and leverage structured and unstructured data across on-premises, hybrid, and public cloud environments. The company operates through two primary segments: Hybrid Cloud and Public Cloud. Its offerings include unified data storage arrays, data management and cyber-resilience software powered by ONTAP, cloud-native storage services, AI data pipeline solutions, and infrastructure monitoring tools. NetApp also provides storage-as-a-service subscriptions alongside professional, managed, and customer support services. The company serves enterprises, commercial businesses, and government entities across diverse industries, including energy, financial services, technology, healthcare, life sciences, manufacturing, and telecommunications.
NetApp operates globally with sales and marketing functions comprising approximately 5,000 personnel and maintains offices across more than 20 countries. Its manufacturing operations are outsourced to third-party facilities situated in the United States, Mexico, the Netherlands, Hungary, Taiwan, and Singapore. NetApp is headquartered in San Jose, California.
Summary of the business section of NetApp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NetApp, Inc.
- Founded
- 1992
- Headquarters
- San Jose, CA
- Address
- 3060 Olsen Drive 95128
- Phone
- (408) 822-6000
- Website
- www.netapp.com
- Employees
- 11,700, Apr 24, 2026
- Industry
- Computer Storage Devices
- Incorporated in
- California
- Fiscal year ends
- April 24
- Auditor
- DELOITTE & TOUCHE LLP, Raleigh, North Carolina
Stock & identifiers
- Ticker
- NTAP
- Exchange
- Nasdaq
- Shares outstanding
- 196M, Aug 28, 2026
- Public float
- $17.10B, Oct 24, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Mar 23, 2000; 2-for-1, Dec 21, 1999; 2-for-1, Dec 22, 1998; 2-for-1, Dec 19, 1997
- SEC CIK
- 1002047
- CUSIP
- 64110D104
- ISIN
- US64110D1046
- LEI
- QTX3D84DZDD5JYOCYH15
- EIN
- 77-0307520
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| George Kurian | CEO, Director | 268,537 |
| Elizabeth M. O'Callahan | EVP, Chief Admin. Officer | 30,737 |
| Cesar Cernuda | President | 46,630 |
| Lorenzo Daniel De | SVP, Chief Accounting Officer | 1,833 |
| Wissam G. Jabre | EVP, CFO | 38,610 |
| Syam Nair | EVP, Chief Product Officer | 53,512 |
| Harvinder S. Bhela | EVP, Chief Product Officer | 182,041 |
| Michael J. Berry | EVP, CFO | 178,480 |
| Deepak Ahuja | Director | 12,814 |
| Thomas Michael Nevens | Director | 30,578 |
| Anders Gustafsson | Director | 13,756 |
| Paul Fipps | Director | 2,646 |
| Francis J. Pelzer | Director | 3,763 |
| Deborah Kerr | Director | 27,360 |
| June Yang | Director | – |
| Gerald Held | Director | 16,082 |
| Carrie Palin | Director | 11,660 |
| Scott F. Schenkel | Director | 30,509 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 George Kurian | $22.16M | $22.54M | $15.87M | $164 | $260 |
| FY2025 George Kurian | $23.13M | $4.75M | $10.52M | $131 | $171 |
| FY2024 George Kurian | $17.74M | $39.83M | $7.02M | $147 | $154 |
| FY2023 George Kurian | $11.36M | -$3.14M | $4.88M | $89 | $110 |
| FY2022 George Kurian | $18.88M | $17.38M | $8.47M | $100 | $102 |
| FY2021 George Kurian | $14.36M | $41.91M | $6.48M | $180 | $159 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of April 24, 2026, we had approximately 11,700 employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 4, 2009 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| May 12, 2008 | Name change | Name changed from NETWORK APPLIANCE INC to NetApp, Inc. |
| Sep 1, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |