Business
NetApp : Annual Report for Fiscal Year Ending 04-24, 2026 (Form 10-K)
NetApp : Annual Report for Fiscal Year Ending 04-24, 2026 (Form
About this update from Netapp, Inc.
[{"type":"text","content":"Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations\n The following discussion of our financial condition and results of operations should be read together with the financial statements and the accompanying notes set forth under Part II, Item 8. - Financial Statements and Supplementary Data. The following discussion also contains trend information and other forward-looking statements that involve a number of risks and uncertainties. The Risk Factors set forth in Part I, Item 1A. - Risk Factors are hereby incorporated into the discussion by reference.\n Executive Overview\n Our Company\n NetApp is a global leader in Intelligent Data Infrastructure, empowering organizations to realize the full potential of their data in a rapidly evolving digital world. Headquartered in San Jose, California, and serving customers in approximately 150 countries, NetApp delivers innovative solutions that enable seamless data management, protection, and mobility across on-premises, hybrid, and multi-cloud environments.\n Our flagship ONTAP® data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native offerings, forms the foundation for customers' digital transformation initiatives. 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.\n NetApp's strategic focus is on modernizing data infrastructure, enabling resilient and secure operations, optimizing cloud strategies, and accelerating artificial intelligence (AI) adoption. Through continued investment in innovation, we have expanded our portfolio to include advanced AI-ready infrastructure, Storage-as-a-Service (Keystone), and robust cyber resilience solutions. Our partnerships with leading technology companies and a global ecosystem of channel partners further extend our reach and solution capabilities.\n Our operations are organized into two segments: Hybrid Cloud and Public Cloud.\n Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Our Hybrid Cloud portfolio accommodates both structured and unstructured data with unified storage optimized for f...