NetApp

Data Management and Cloud Storage Solutions.

Launch date

1992

Employees

Market cap

Enterprise valuation

$23.5b (Public information from Sep 2024)

San Jose California (HQ)

https://www.netapp.com/

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Revenues, earnings & profits over time

USD	2021	2022	2023	2024	2025	2026	2027
Revenues	5.7b	6.3b	6.4b	6.3b	6.6b	6.9b	7.2b
% growth	6 %	10 %	1 %	(1 %)	5 %	5 %	5 %
EBITDA	1.0b	1.4b	1.5b	1.6b	2.1b	2.1b	2.2b
% EBITDA margin	18 %	23 %	24 %	26 %	31 %	31 %	31 %
Profit	730m	937m	1.3b	986m	1.1b	1.2b	1.4b
% profit margin	13 %	15 %	20 %	16 %	17 %	17 %	20 %
EV / revenue	2.6x	2.4x	2.0x	3.3x	3.6x	3.3x	3.0x
EV / EBITDA	14.6x	10.6x	8.2x	12.8x	11.4x	10.8x	9.9x
R&D budget	881m	881m	956m	1.0b	-	-	-
R&D % of revenue	15 %	14 %	15 %	16 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Framework Venture Partners	N/A	-
Jan 1994	Sequoia Capital	N/A	Early VC
Dec 1995	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by NetApp Aug 2017

ACQUISITION by NetApp Apr 2022

Akorri Networks

ACQUISITION by NetApp Jan 2011

ACQUISITION by NetApp Apr 2010

ACQUISITION by NetApp Nov 2012

ACQUISITION by NetApp Oct 2021

ACQUISITION by NetApp Jul 2020

ACQUISITION by NetApp May 2017

ACQUISITION by NetApp Dec 2015

ACQUISITION by Pure Storage Sep 2020