Record Revenue Achievement
NetApp achieved record revenue for the fourth quarter and fiscal year 2025, driven by strong growth in all-flash storage and cloud services, marking all-time highs for gross profit, operating profit, operating margin, and EPS.
Significant Growth in All-Flash Array
All-flash array annualized revenue run rate grew 14% year over year to a record $4.1 billion, gaining 300 basis points of market share in calendar 2024.
Strong Public Cloud Segment Growth
First-party and marketplace cloud storage services grew 44% year over year in Q4, contributing to a 22% growth in the public cloud segment, excluding divested Spark business.
AI Business Expansion
NetApp's AI business grew fivefold year over year in Q4, closing approximately 150 AI infrastructure and data lake modernization deals.
Financial Performance and Shareholder Returns
Q4 operating margin reached 28.6%, the highest for a Q4 in NetApp's history, and EPS grew 7% year over year with $355 million returned to shareholders through share repurchases and dividends.