- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Sunnyvale Today
By the People, for the People
NetApp Reports Strong Q3 Earnings, Highlights AI and Cloud Offerings
CEO Kurian says NetApp's unified data platform is being used for AI innovation, infrastructure modernization, cyber resilience, and cloud transformation.
Published on Mar. 2, 2026
Got story updates? Submit your updates here. ›
NetApp (NASDAQ:NTAP) reported fiscal third-quarter 2026 results that management said reflected accelerating growth and record profitability. CEO George Kurian highlighted the company's progress in AI and cloud, including the launch of new offerings like AFX and AIDE. NetApp also saw strong growth in its All Flash Array and public cloud services revenue.
Why it matters
NetApp's strong quarterly performance and continued investment in AI and cloud capabilities demonstrate the company's ability to adapt to changing technology trends and customer needs. As organizations increasingly turn to data-driven technologies like AI, NetApp's unified data platform and specialized offerings position it well to capitalize on this growing market.
The details
NetApp reported revenue of $1.71 billion, up 4% year-over-year, with hybrid cloud revenue growing 5% and public cloud revenue flat. The company saw record revenue for its All Flash Array products, which grew 11% year-over-year. NetApp also highlighted growth in its first-party and marketplace cloud services, which were up 27% excluding the divested Spot business. The company introduced new AI-focused offerings like AFX and AIDE, which saw early customer traction in the quarter.
- NetApp reported fiscal third-quarter 2026 results on March 1, 2026.
- The company introduced new AI offerings like AFX and AIDE in October 2025.
The players
NetApp
A data management and storage company that delivers hybrid cloud data services for applications and data. Founded in 1992 and headquartered in Sunnyvale, California.
George Kurian
The CEO of NetApp.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”
— Gordon Edgar, grocery employee (Instagram)
The takeaway
NetApp's strong quarterly performance and continued investment in AI and cloud capabilities demonstrate the company's ability to adapt to changing technology trends and customer needs. As organizations increasingly turn to data-driven technologies like AI, NetApp's unified data platform and specialized offerings position it well to capitalize on this growing market.
