Netapp (NTAP) Stock News

NetApp (NASDAQ: NTAP) has won the 2025 SE Labs Award for Enterprise Data Protection, reinforcing its position as the most secure storage provider globally. The award recognizes NetApp's ONTAP Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI), which demonstrated 99% detection rate of advanced full-file encryption ransomware attacks with zero false positives.

The recognition from SE Labs, based on public testing, private assessments, and corporate client feedback, validates NetApp's innovation in cyber resiliency. The company continues to enhance its security offerings, including advanced capabilities for protecting critical workloads in native cloud environments and upcoming features for block storage workload protection.

NetApp (NASDAQ: NTAP) has released a new report titled "The AI Space Race" examining global competition in AI innovation leadership. The study surveyed CEOs and IT executives across the U.S., China, U.K., and India, revealing that 81% of global respondents are currently implementing AI initiatives, while 88% consider their organizations ready for AI transformation.

The U.S. is viewed as best positioned to lead AI innovation long-term by 43% of respondents. The report highlights significant regional differences, with China focusing on scalability while the U.S., U.K., and India emphasize integration with existing systems. Notably, 79% of respondents expressed concerns about potential broken models and biased insights due to poor data and cloud strategies.

The study also revealed misalignment between CEOs and IT leaders, particularly in China, where 92% of CEOs report active AI projects compared to 74% of IT leaders.

NetApp (NASDAQ: NTAP) has appointed Syam Nair as its new Chief Product Officer (CPO), effective July 7, 2025. Nair, a former Salesforce and Microsoft executive with over 25 years of experience, succeeds Harv Bhela.

Nair joins from Zscaler, where he served as CTO and EVP of R&D. His track record includes building Azure data services at Microsoft and developing Salesforce Data Cloud. In his new role, Nair will lead NetApp's product and engineering teams to accelerate innovation in hybrid cloud and AI offerings.

CEO George Kurian emphasized Nair's expertise in balancing innovation with simplification, highlighting his experience in scaling cloud platforms and driving hyper-growth. Nair expressed enthusiasm about joining NetApp during this transformative period in the industry, focusing on advancing hybrid cloud data services.

NetApp (NTAP) reported strong financial results for Q4 and FY2025. The company achieved record net revenues of $1.73B in Q4 (up 4% YoY) and $6.57B for FY2025 (up 5% YoY). Notable achievements include a record all-flash array revenue run rate of $4.1B (up 14% YoY) and Public Cloud services revenue of $416M (up 43% YoY). The company posted record GAAP operating margins of 20% and non-GAAP margins of 28% for FY2025. NetApp returned $1.57B to stockholders through share repurchases and dividends. For FY2026, NetApp projects revenues between $6.625B-$6.875B with non-GAAP EPS of $7.60-$7.90. The company strengthened its position in AI infrastructure through partnerships with NVIDIA and received multiple industry recognitions, including Google Cloud's Infrastructure Modernization Partner of the Year for Storage.

NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, has announced its participation in three upcoming technology conferences in June 2025. The company's leadership will participate in fireside chats at:

• BofA Global Technology Conference featuring CEO George Kurian on June 3 at 2:40 PM PT
• Baird Global Consumer, Technology & Services Conference with VP of Investor Relations Kris Newton on June 4 at 3:10 PM ET
• Nasdaq featuring President Cesar Cernuda on June 11 at 3:00 PM GMT

Live audio webcasts will be available at investors.netapp.com, with archives accessible after each event.

NetApp (NTAP) announced its collaboration with NVIDIA to integrate the NVIDIA AI Data Platform reference design into the NetApp AIPod solution, aiming to accelerate enterprise adoption of agentic AI. The partnership leverages NetApp ONTAP's data management capabilities to help businesses build secure, governed, and scalable AI data pipelines for retrieval-augmented generation (RAG) and inferencing.

According to NetApp's Data Complexity report, 79% of tech and business leaders consider unifying data estates crucial for achieving top AI outcomes in 2025. As a NVIDIA-Certified Storage partner, NetApp AIPod incorporates NVIDIA accelerated computing to run NVIDIA NeMo Retriever microservices, enabling enterprises to scan, index, classify, and retrieve large document stores in real time.

NetApp (NASDAQ: NTAP) has announced it will release its fourth quarter and fiscal year 2025 financial results on Thursday, May 29, 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 results and provide market insights. The webcast will be accessible at investors.netapp.com, with an audio replay available after 4:30 p.m. PT. Additionally, NetApp has outlined its future earnings release schedule for fiscal year 2026, with quarterly results planned for August 27, November 25, February 26, and May 28.

NetApp (NTAP) has partnered with Intel to launch NetApp AIPod Mini, a specialized AI inferencing solution designed for enterprise departments and teams. The solution, set to launch in summer 2025, combines Intel® Xeon® 6 processors with NetApp's all-flash storage and data management capabilities to enable cost-effective AI deployment for specific business applications.

The platform features pre-packaged Retrieval-Augmented Generation (RAG) workflows and is built on the Open Platform for Enterprise AI (OPEA) framework. Key benefits include: affordability with low entry pricing, simplified implementation through pre-validated design, and enhanced security leveraging NetApp ONTAP's cyber resiliency features. The solution targets specialized use cases such as legal document automation, retail personalization, and manufacturing maintenance optimization.

NetApp has unveiled new cybersecurity capabilities to enhance data protection at the storage layer. The company introduced post-quantum cryptography for file and block workloads, leveraging NIST-standardized encryption algorithms to defend against future quantum computing threats.

Key updates include enhanced BlueXP Ransomware Protection with role-based access controls and support for native cloud workloads. The company also improved its BlueXP Backup and Recovery service with a redesigned interface supporting Microsoft SQL Server, VMware, and Kubernetes applications.

NetApp's security framework includes built-in features like ONTAP Autonomous Ransomware Protection with AI (ARP/AI), which proactively detects ransomware across hybrid cloud environments. The company plans to extend ARP/AI protection to block storage workloads later this year, reinforcing its commitment to providing secure storage solutions with 99.9999% availability.