Hollsteen

NetApp

Dependency

Two customers: 43% of revenue

43%22% + 21%, FY2026
●43% of revenue■Revenue FY2025CUSTOMERS ●Arrow Electronics Inc.22%Tech Data Corporation21%HOLDINGS ◆No holding between NetApp and the other 99 companies found in SEC filings (not reported).not reportedREGIONS ■USA47.0%SUPPLIERS ○No supplier shares in the dataset: SEC XBRL does not tag supplier concentration as a share of revenue or purchases; filing texts are not interpreted for this.not in datasetNetApp$6.9B · FY2026
NetApp$6.9B · FY2026

Customers

Arrow Electronics Inc.22%
Tech Data Corporation21%

Holdings

not reported

Regions

USA47.0%

Suppliers

not in dataset

Line: solid ● customers (share of revenue) · dashed ◆ holding · dotted ■ revenue by region · grey ○ no data.

Relationships

8 documented relationships

TypeCounterpartyValuePeriodConfidenceReverse edge
Customer (share)Customer(s) per quote43%FY2026 (per quote)0.9–
names as partnerNVIDIA–Apr 24, 20260.7no
names as partnerMicrosoft–Apr 24, 20260.7no
names as partnerCisco–Apr 24, 20260.7no
names as partnerAlphabet–Apr 24, 20260.7no
names (role not stated)Microsoft–Apr 24, 20260.6no
names (role not stated)Alphabet–Apr 24, 20260.6no
names (role not stated)Amazon–Apr 24, 20260.6no
Region (share)Americas50.6%a12 months to Apr 24, 20261.0–
Region (share)USA47.6%a12 months to Apr 24, 20261.0–
Region (share)EMEA34.1%a12 months to Apr 24, 20261.0–

Related party: not reported – No related-party statement naming any of the 100 covered companies (1 related-party statements in the 10-K filed Jun 5, 2026, none referring to them).

Holdings: not reported – No holding between this company and the other 99 companies in 13F-HR / 13G / Filing-Text.

SEC filings only, quotes in the sources. Confidence 1.0 XBRL/13F · 0.9 quote with value · 0.7 mention without value. 9 competitor mentions not counted as dependencies.

Revenue

Revenue FY2026: +5.4% vs. FY2025

$6.9BFY2026
Revenue · FY2016: $5.5B · 10-K 0001564590-16-020754 filed Jun 22, 2016Revenue · FY2017: $5.5B · 10-K 0001564590-19-022779 filed Jun 18, 2019Revenue · FY2018: $5.9B · 10-K 0001564590-19-022779 filed Jun 18, 2019Revenue · FY2019: $6.1B · 10-K 0001564590-19-022779 filed Jun 18, 2019Revenue · FY2020: $5.4B · 10-K 0001564590-20-029349 filed Jun 15, 2020Revenue · FY2021: $5.7B · 10-K 0001564590-21-033645 filed Jun 21, 2021Revenue · FY2022: $6.3B · 10-K 0000950170-22-011708 filed Jun 16, 2022Revenue · FY2023: $6.4B · 10-K 0000950170-23-027948 filed Jun 14, 2023Revenue · FY2024: $6.3B · 10-K 0000950170-24-071327 filed Jun 10, 2024Revenue · FY2025: $6.6B · 10-K 0000950170-25-083705 filed Jun 9, 2025Revenue · FY2026: $6.9B · 10-K 0001193125-26-259683 filed Jun 5, 20266.95.5FY2016FY2026FY2021
Revenue · FY2021: $5.7B · 10-K 0001564590-21-033645 filed Jun 21, 2021Revenue · FY2022: $6.3B · 10-K 0000950170-22-011708 filed Jun 16, 2022Revenue · FY2023: $6.4B · 10-K 0000950170-23-027948 filed Jun 14, 2023Revenue · FY2024: $6.3B · 10-K 0000950170-24-071327 filed Jun 10, 2024Revenue · FY2025: $6.6B · 10-K 0000950170-25-083705 filed Jun 9, 2025Revenue · FY2026: $6.9B · 10-K 0001193125-26-259683 filed Jun 5, 20266.95.7FY2021FY2026FY2024

$B per fiscal year. No segment mix chart: Only 4 consecutive fiscal years. FY2016: Segment/product 'ntap:HybridCloudSegmentMember' is reported in the SEC XBRL data only for FY2020–FY2025 (segment structure changed). FY2017: Segment/product 'ntap:HybridCloudSegmentMember' is reported in the SEC XBRL data only for FY2020–FY2025 (segment structure changed). FY2018: Segment/product 'ntap:HybridCloudSegmentMember' is reported in the SEC XBRL data only for FY2020–FY2025 (segment structure changed).

Debt

Total debt FY2026: −23.1% vs. FY2025

$2.5BaInterest expense $109M (FY2026)
Total debt FY2016: $2.3B – Total debt = short-term Kredite/CP $849M (us-gaap:ShortTermBorrowings, 10-K 0001564590-16-020754) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001564590-17-012758) + long-term debt $1.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-16-020754) = $2.3BTotal debt FY2017: $2.0B – Total debt = short-term Kredite/CP $500M (us-gaap:CommercialPaper, 10-K 0001564590-18-015820) + current portion of long-term debt $749M (us-gaap:LongTermDebtCurrent, 10-K 0001564590-17-012758) + long-term debt $744M (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-17-012758) = $2.0BTotal debt FY2018: $1.9B – Total debt = short-term Kredite/CP $385M (us-gaap:CommercialPaper, 10-K 0001564590-18-015820) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001564590-18-015820) + long-term debt $1.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-18-015820) = $1.9BTotal debt FY2019: $1.8B – Total debt = short-term Kredite/CP $249M (us-gaap:CommercialPaper, 10-K 0001564590-19-022779) + current portion of long-term debt $400M (us-gaap:LongTermDebtCurrent, 10-K 0001564590-19-022779) + long-term debt $1.1B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-19-022779) = $1.8BTotal debt FY2020: $1.7B – Total debt = short-term Kredite/CP $522M (us-gaap:CommercialPaper, 10-K 0001564590-20-029349) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001564590-20-029349) + long-term debt $1.1B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-20-029349) = $1.7BTotal debt FY2021: $2.6B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0001564590-21-033645) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0000950170-22-011708) + long-term debt $2.6B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-21-033645) = $2.6BTotal debt FY2022: $2.6B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-22-011708) + current portion of long-term debt $250M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-22-011708) + long-term debt $2.4B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-22-011708) = $2.6BTotal debt FY2023: $2.4B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-23-027948) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0000950170-23-027948) + long-term debt $2.4B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-23-027948) = $2.4BTotal debt FY2024: $2.4B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-24-071327) + current portion of long-term debt $400M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-24-071327) + long-term debt $2.0B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-24-071327) = $2.4BTotal debt FY2025: $3.2B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-25-083705) + current portion of long-term debt $750M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-25-083705) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-25-083705) = $3.2BTotal debt FY2026: $2.5B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0001193125-26-259683) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001193125-26-259683) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0001193125-26-259683) = $2.5B2,487a2,339a3,235aFY2016FY2026FY2021
Total debt FY2021: $2.6B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0001564590-21-033645) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0000950170-22-011708) + long-term debt $2.6B (us-gaap:LongTermDebtNoncurrent, 10-K 0001564590-21-033645) = $2.6BTotal debt FY2022: $2.6B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-22-011708) + current portion of long-term debt $250M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-22-011708) + long-term debt $2.4B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-22-011708) = $2.6BTotal debt FY2023: $2.4B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-23-027948) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0000950170-23-027948) + long-term debt $2.4B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-23-027948) = $2.4BTotal debt FY2024: $2.4B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-24-071327) + current portion of long-term debt $400M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-24-071327) + long-term debt $2.0B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-24-071327) = $2.4BTotal debt FY2025: $3.2B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-25-083705) + current portion of long-term debt $750M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-25-083705) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-25-083705) = $3.2BTotal debt FY2026: $2.5B – Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0001193125-26-259683) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001193125-26-259683) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0001193125-26-259683) = $2.5B2,487a2,632a3,235aFY2021FY2026FY2024

$M per fiscal year, as of fiscal year end. a = derived from reported components (calculation in the tooltip and in the sources).

All metrics →
Sources (20)

Dependency

Relationships (quotes)

  • Customer (share) Customer(s) per quote 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Sales to two of our major customers accounted for 43% of our net revenues in fiscal 2026.”
  • names as partner NVIDIA 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Our AI-ready infrastructure solutions, including the NetApp AI Data Engine and validated reference architectures with partners like NVIDIA, help organizations streamline data pipelines, accelerate model training, and derive actionable insights from their data.”
  • names as partner Microsoft 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Strong Ecosystem Partnerships: Collaborations with technology leaders such as NVIDIA, Cisco, Microsoft, and a broad network of channel partners enable us to deliver integrated, best-in-class solutions tailored to diverse customer needs. 6 Customer-Centric Innovation : Our commitment to continuous innovation is driven by close collaboration with our customers.”
  • names as partner Cisco 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Strong Ecosystem Partnerships: Collaborations with technology leaders such as NVIDIA, Cisco, Microsoft, and a broad network of channel partners enable us to deliver integrated, best-in-class solutions tailored to diverse customer needs. 6 Customer-Centric Innovation : Our commitment to continuous innovation is driven by close collaboration with our customers.”
  • names as partner Alphabet 10-K, filed Jun 5, 2026 0001193125-26-259683
    “NetApp’s deep integration with all major public cloud providers—AWS, Microsoft Azure, and Google Cloud—enables our customers to run critical workloads anywhere, with consistent performance, security, and governance.”
  • names (role not stated) Microsoft 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Cloud storage Fully managed cloud storage offerings are available natively on Microsoft Azure as Azure NetApp Files , on AWS as Amazon FSx for NetApp ONTAP , and on Google Cloud as Google Cloud NetApp Volumes. 8 In addition, NetApp offers NetApp Cloud Volumes ONTAP on AWS, Google Cloud, and Microsoft Azure, a cloud-based software for customers who wish to manage their own cloud storage infrastruct”
  • names (role not stated) Alphabet 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Cloud storage Fully managed cloud storage offerings are available natively on Microsoft Azure as Azure NetApp Files , on AWS as Amazon FSx for NetApp ONTAP , and on Google Cloud as Google Cloud NetApp Volumes. 8 In addition, NetApp offers NetApp Cloud Volumes ONTAP on AWS, Google Cloud, and Microsoft Azure, a cloud-based software for customers who wish to manage their own cloud storage infrastruct”
  • names (role not stated) Amazon 10-K, filed Jun 5, 2026 0001193125-26-259683
    “Cloud storage Fully managed cloud storage offerings are available natively on Microsoft Azure as Azure NetApp Files , on AWS as Amazon FSx for NetApp ONTAP , and on Google Cloud as Google Cloud NetApp Volumes. 8 In addition, NetApp offers NetApp Cloud Volumes ONTAP on AWS, Google Cloud, and Microsoft Azure, a cloud-based software for customers who wish to manage their own cloud storage infrastruct”
  • Region (share) Americas 10-K, filed Jun 5, 2026 0001193125-26-259683
    “XBRL-Fakt srt:AmericasMember (id F_03810ec4-89b3-4ad5-a20c-dfc1be79516b) / Gesamt (id F_42c5a7f4-cc5c-4bce-bb2a-dcade6bee313)” · Calculation: RevenueFromContractWithCustomerExcludingAssessedTax[srt:AmericasMember] 3,505,000,000 / RevenueFromContractWithCustomerExcludingAssessedTax total 6,925,000,000 (period 2025-04-26–2026-04-24)
  • Region (share) USA 10-K, filed Jun 5, 2026 0001193125-26-259683
    “XBRL-Fakt country:US (id F_197d412a-990e-4cb2-bc88-c26ff2e11c2b) / Gesamt (id F_42c5a7f4-cc5c-4bce-bb2a-dcade6bee313)” · Calculation: RevenueFromContractWithCustomerExcludingAssessedTax[country:US] 3,293,000,000 / RevenueFromContractWithCustomerExcludingAssessedTax total 6,925,000,000 (period 2025-04-26–2026-04-24)
  • Region (share) EMEA 10-K, filed Jun 5, 2026 0001193125-26-259683
    “XBRL-Fakt us-gaap:EMEAMember (id F_1ea9be7c-2a37-476f-8dbc-56510e455366) / Gesamt (id F_42c5a7f4-cc5c-4bce-bb2a-dcade6bee313)” · Calculation: RevenueFromContractWithCustomerExcludingAssessedTax[us-gaap:EMEAMember] 2,358,000,000 / RevenueFromContractWithCustomerExcludingAssessedTax total 6,925,000,000 (period 2025-04-26–2026-04-24)

Revenue

Debt

  • Total debt FY2024 10-K, filed Jun 10, 2024 0000950170-24-071327
    Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-24-071327) + current portion of long-term debt $400M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-24-071327) + long-term debt $2.0B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-24-071327) = $2.4B
  • Total debt FY2025 10-K, filed Jun 9, 2025 0000950170-25-083705
    Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0000950170-25-083705) + current portion of long-term debt $750M (us-gaap:LongTermDebtCurrent, 10-K 0000950170-25-083705) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0000950170-25-083705) = $3.2B
  • Total debt FY2026 10-K, filed Jun 5, 2026 0001193125-26-259683
    Total debt = short-term Kredite/CP $0.00 (us-gaap:CommercialPaper, 10-K 0001193125-26-259683) + current portion of long-term debt $0.00 (us-gaap:LongTermDebtCurrent, 10-K 0001193125-26-259683) + long-term debt $2.5B (us-gaap:LongTermDebtNoncurrent, 10-K 0001193125-26-259683) = $2.5B
  • Interest expense FY2026 10-K, filed Jun 5, 2026 0001193125-26-259683

Data quality

Legal name
NetApp, Inc.
CIK
0001002047
Period
FY2016 – Q1 FY2027
Coverage
97.7% · 1337 reported · 498 derived · 44 missing · 218 not reported

missing = the company reports the value, it is not (yet) captured here · not reported = the company does not disclose the value · a = derived · ~ = reported rounded only.