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NTAP
NTAPUnverified2 segments tracked|4 years of data|Annual (10-K)
Total Revenue
$3.7B7.1%
FY2025
Operating Segments
2Active segments
Blended Margin
0.0%Operating margin
Highest Margin
0.0%Hybrid Cloud
Segment Shift
Hybrid Cloud has grown from 89.2% to 82.1% of total revenue since FY2022, with 0.0% operating margins. Meanwhile, Public Cloud is the fastest growing at +8.8% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Hybrid Cloud | $3.0B | $0 | 0.0% | 82.1% | +6.7% |
| Public Cloud | $665M | $0 | 0.0% | 17.9% | +8.8% |
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