NetApp IncRecord all-flash revenue and strong AI adoption drive growth.

NetApp reported record all-flash revenue of $4.2 billion for fiscal 2026, an 11% year-over-year increase, driven by enterprise infrastructure modernization and expanding AI deployments. Fourth-quarter all-flash revenue reached $1.2 billion, up 18% from the prior-year quarter, with management citing broad adoption across public cloud, all-flash, and Keystone offerings. The company recorded approximately 500 AI and data preparation wins in the fourth quarter alone, bringing the fiscal 2026 total to more than 1,100, and introduced new AI-focused innovations including AFX and the AI Data Engine. NetApp guided fiscal 2027 revenue in the range of $7.325 billion to $7.575 billion and expects higher enterprise AI activity compared with fiscal 2026.
NetApp IncRecord all-flash revenue and strong AI adoption drive growth.
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