Welcome to our dedicated page for Netapp news (Ticker: NTAP), a resource for investors and traders seeking the latest updates and insights on Netapp stock.
NetApp, Inc. (NASDAQ: NTAP) is described in its public communications as the Intelligent Data Infrastructure company, helping organizations move from traditional enterprise storage to data infrastructures built for cloud and AI. News about NetApp often highlights developments in its unified data platform, which connects, protects, and activates data across clouds, workloads, and environments, and is built on NetApp ONTAP with automation from the AI Data Engine and AFX.
Investors and technology professionals following NTAP news can expect updates on financial results, such as quarterly earnings reported via press releases and Form 8-K filings, along with commentary on demand for AI solutions, all-flash offerings, and public cloud services. NetApp’s news flow also includes product and platform announcements, including enhancements to its AI-ready data platform, cyber resilience capabilities like NetApp Ransomware Resilience, and object and file storage technologies designed for hybrid and multicloud environments.
NetApp regularly reports on strategic collaborations with major partners, including public cloud providers and infrastructure vendors, to extend its intelligent data infrastructure into managed services, converged infrastructure, and AI workloads. Additional news themes include board and leadership updates, corporate initiatives such as data science education partnerships, and recognition in industry evaluations and sustainability rankings.
For anyone tracking NTAP stock, this news stream provides context on how NetApp is positioning its intelligent data infrastructure, how it is integrating with leading cloud platforms, and how its strategy around AI, cyber resilience, and hybrid cloud is reflected in operational and financial performance over time.
NetApp (NASDAQ: NTAP) has been named a Customers' Choice in the 2025 Gartner Peer Insights 'Voice of the Customer' for Primary Storage Platforms, with an impressive 98% recommendation rate from 126 verified end-users as of December 31, 2024.
The company has recently refreshed its unified, block-optimized, and object enterprise storage portfolio, focusing on delivering intelligent data infrastructure for the AI era. A key highlight is the NetApp ONTAP Autonomous Ransomware Protection with AI (ARP/AI) solution, offering 99% accurate detection of ransomware threats and includes a Ransomware Recovery Guarantee.
The recognition validates NetApp's commitment to providing silo-free infrastructure with built-in security features, supporting various workloads from traditional databases to enterprise AI implementations. The company's solutions are designed to deliver performance, scalability, and comprehensive data services across different company sizes and budgets.
NetApp (NTAP) reported Q3 FY2025 financial results with net revenues of $1.64 billion, a 2% year-over-year increase. The company achieved a GAAP operating margin of 22% and non-GAAP operating margin of 30%. GAAP net income per share was $1.44, while non-GAAP EPS reached $1.91.
Key highlights include: all-flash array annualized revenue run rate of $3.8 billion (up 10% YoY), cloud storage services growth exceeding 40% YoY, and $306 million returned to stockholders through dividends and share repurchases. The Hybrid Cloud segment generated $1.47 billion in revenue, while Public Cloud revenue reached $174 million.
The company announced new product innovations including enhanced AFF A-Series and C-Series systems, improved StorageGRID capabilities, and expanded cloud storage offerings. NetApp also appointed Wissam Jabre as new CFO effective March 10, 2025.
NetApp (NTAP) has announced a strategic leadership evolution with the appointment of Beth O'Callahan to the newly created position of Chief Administrative Officer (CAO), effective March 3. O'Callahan, who currently serves as Chief Legal Officer (CLO), will expand her responsibilities beyond Legal, Compliance, Government Relations, and Sustainability to include Human Resources, Workplace Experience, and Corporate Communications.
The reorganization aims to enhance focus, strengthen collaboration, and drive execution across the business by unifying critical functions under single leadership. O'Callahan, who joined NetApp in 2013, will maintain her role as Corporate Secretary. She has received multiple recognitions including the National Diversity Council's Leadership Excellence in Technology Award and serves on the Board of Directors for Bay Scholars and the Law Foundation of Silicon Valley.
NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, has announced its participation in two upcoming technology conferences. Mike Berry, EVP, Finance and CFO, will participate in a fireside chat at the Raymond James Investor Conference on March 3, 2025, from 8:05 to 8:35 a.m. Eastern Time. Additionally, CEO George Kurian will present at the Morgan Stanley TMT Conference on March 4, 2025, from 8:30 to 9:05 p.m. Pacific Time.
Live audio webcasts of both presentations will be made available to investors through the company's investor relations website at investors.netapp.com following the conferences.
NetApp (NTAP) has announced significant updates to its enterprise storage portfolio, introducing three new ASA A-Series systems (A20, A30, and A50) designed for block storage workloads. Starting at $25K, these systems offer 30-50% lower upfront costs compared to competitors and up to 97% lower power consumption.
The new systems provide simplified storage deployment, common management workflows across NAS and SAN environments, and built-in business continuity with a 99.9999% data availability guarantee. NetApp also announced upcoming ONTAP Autonomous Ransomware Protection with AI for Block storage and launched a Ransomware Detection Program offering free initial recovery assistance for certain attacks.
These solutions aim to help organizations modernize their IT operations with efficient, scalable storage solutions that can be deployed in minutes and provisioned in seconds, suitable for various deployments including remote offices and mission-critical applications like databases and virtual machines.
NetApp (NASDAQ: NTAP) has announced it will release its third quarter fiscal year 2025 financial results on Thursday, February 27, 2025, after market close. The company will host a conference call and webcast at 2:30 p.m. Pacific Time, where executive management will discuss the quarterly results and provide market insights.
The webcast will be accessible through investors.netapp.com, with login recommended 15 minutes before start time. An audio replay will be available after 4:30 p.m. Pacific Time.
The company has also outlined future earnings release dates: Q4 FY2025 on May 29, 2025; Q1 FY2026 on August 27, 2025; Q2 FY2026 on November 25, 2025; and Q3 FY2025 on February 26, 2026.
NetApp (NASDAQ: NTAP) has achieved validation of its near-term science-based emissions reduction targets by the Science-Based Targets initiative (SBTi). The company commits to reduce absolute scope 1 and 2 GHG emissions by 50.8% by FY2030 from a FY2020 base year, and scope 3 GHG emissions from sold products by 51.6% per effective petabytes shipped by FY2030 from a FY2023 base year.
The company has already demonstrated progress, reducing scope 1 and 2 emissions by 37% compared to its 2020 baseline, as reported in their FY24 ESG Impact Report. SBTi has classified NetApp's scope 1 and 2 target ambition as aligned with a 1.5°C trajectory.
To support customers' sustainability goals, NetApp offers a BlueXP sustainability dashboard providing AIOps-enabled reporting and scoring with actionable insights to improve sustainability performance and reduce costs.
NetApp (NASDAQ: NTAP) has announced the appointment of Wissam Jabre as Executive Vice President and Chief Financial Officer, effective March 10, 2025. Jabre, who brings over 20 years of finance leadership experience, will succeed Mike Berry, who is retiring after five years as CFO.
Jabre most recently served as EVP and CFO at Western Digital , where he led the global finance organization. His previous roles include CFO at Dialog Semiconductor until its acquisition by Renesas Electronics in 2021, and senior finance positions at Advanced Micro Devices, Freescale Semiconductor, and Motorola. He currently serves on the board of MKS Instruments as an audit committee member.
The appointment aligns with NetApp's strategy to drive sustained growth and long-term value through its intelligent data infrastructure platform. Jabre holds an MBA from Columbia Business School and a B.E. in Electrical Engineering from the American University of Beirut.
NetApp (NASDAQ: NTAP) and the San Francisco 49ers announced a new multi-year strategic partnership, with NetApp becoming a founding level partner and the Official Intelligent Data Infrastructure Partner of the NFL franchise. The partnership focuses on enhancing Levi's® Stadium operations through NetApp's data infrastructure solutions.
The collaboration aims to modernize the stadium's technology, implementing improvements to ingress and egress, bathroom and concession wait times, and mobile app functionality using NetApp's solutions, including their Keystone storage-as-a-service offering. As part of the agreement, NetApp becomes the presenting sponsor of the 49ers 2025 NFL Draft and the Levi's® Stadium Owners Club. Additionally, NetApp will sponsor the Horizon Summit, the 49ers' strategy, data, and analytics conference, scheduled for June 2025.
NetApp (NASDAQ: NTAP) has released its second annual Data Complexity Report, highlighting key challenges and trends in AI adoption for 2025. The report reveals that 40% of global technology executives anticipate unprecedented investment in AI and data management will be required by 2025.
Key findings show that 79% of global tech executives recognize the importance of unifying data for optimal AI outcomes, while 41% predict a sharp increase in security threats alongside AI adoption. Additionally, 34% of executives anticipate major shifts in corporate sustainability processes due to AI implementation.
The study, conducted with Wakefield Research, surveyed over 1,300 IT executives across nine markets in US, EMEA, and APAC regions, focusing on data complexity, security challenges, and sustainability imperatives in AI transformation.