NetApp · customer concentration
NetApp’s biggest customers
Who are NetApp’s biggest customers?
Arrow Electronics Inc.: 22% of FY2026 revenue
“Sales to two of our major customers accounted for 43% of our net revenues in fiscal 2026.”
NetApp 10-K, verbatim · 10-K · filed Jun 5, 2026
Numbers, method and sources
Share of revenue per customer as tagged in the filing’s XBRL (ConcentrationRiskPercentage, benchmark revenue). US GAAP requires disclosure only for customers with at least 10% of revenue; a year without a customer means below 10% or not disclosed. Labels like “Customer A” are the filer’s own; the same label is not guaranteed to be the same customer every year.
FY2026
- Arrow Electronics Inc. 22%
- Tech Data Corporation 21%
FY2025
- Tech Data Corporation 24%
- Arrow Electronics Inc. 21%
FY2024
- Arrow Electronics Inc. 22%
- Tech Data Corporation 22%
FY2023
- Arrow Electronics Inc. 24%
- Tech Data Corporation 21%
FY2022
- Arrow Electronics Inc. 24%
- Tech Data Corporation 21%
FY2021
- Arrow Electronics Inc. 24%
- Tech Data Corporation 20%
FY2020
- Arrow Electronics Inc. 25%
- Tech Data Corporation 21%
SEC filings only. No market data.
Is NetApp getting more dependent on one customer?
Largest disclosed customer, by fiscal year
All NetApp facts from SEC filings · Customer concentration of all companies