Business Segments · Gross Profit Excluding Unallocated Cost Of Revenues

Hybrid Cloud — Gross Profit Excluding Unallocated Cost Of Revenues

NetApp Hybrid Cloud — Gross Profit Excluding Unallocated Cost Of Revenues decreased by 2.2% to $1.07B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $1.03B to $1.07B. Over 4 years (FY 2021 to FY 2025), Hybrid Cloud — Gross Profit Excluding Unallocated Cost Of Revenues shows an upward trend with a 2.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ3 2019
Last reportedQ1 2026

How to read this metric

An increase indicates improved pricing power or reduced direct production costs.

Detailed definition

This represents the profit remaining from the Hybrid Cloud segment after deducting the direct costs of production from t...

Peer comparison

Standard gross profit metric used to evaluate segment-level operational performance.

Metric ID: ntap_segment_hybrid_cloud_gross_profit_excluding_unallocated_cost_of_revenues

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$999.00M$954.00M$1.01B$1.01B$1.02B$970.00M$1.01B$917.00M$992.00M$909.00M$1.02B$1.07B$1.09B$1.00B$1.07B$1.03B$1.07B$979.00M$1.10B$1.07B
QoQ Change-4.5%+5.7%+0.1%+1.2%-5.0%+3.6%-8.8%+8.2%-8.4%+12.5%+4.4%+1.9%-8.1%+7.0%-3.9%+4.4%-8.8%+11.8%-2.2%
YoY Change+2.2%+1.7%-0.3%-9.1%-2.8%-6.3%+1.8%+16.5%+9.7%+10.0%+4.6%-3.7%-1.4%-2.1%+2.3%+4.2%
Range$909.00M$1.10B
CAGR+1.5%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%

Frequently Asked Questions

What is NetApp's hybrid cloud — gross profit excluding unallocated cost of revenues?
NetApp (NTAP) reported hybrid cloud — gross profit excluding unallocated cost of revenues of $1.07B in Q4 2025.
How has NetApp's hybrid cloud — gross profit excluding unallocated cost of revenues changed year-over-year?
NetApp's hybrid cloud — gross profit excluding unallocated cost of revenues increased by 4.2% year-over-year, from $1.03B to $1.07B.
What is the long-term trend for NetApp's hybrid cloud — gross profit excluding unallocated cost of revenues?
Over 4 years (2021 to 2025), NetApp's hybrid cloud — gross profit excluding unallocated cost of revenues has grown at a 2.8% compound annual growth rate (CAGR), from $3.74B to $4.17B.
What does hybrid cloud — gross profit excluding unallocated cost of revenues mean?
The profit earned by the Hybrid Cloud segment after subtracting direct production costs.