What is NetApp's hybrid-flash and other revenues — revenue?

NetApp (NTAP) reported hybrid-flash and other revenues — revenue of $514.75M in Q1 2026.

How has NetApp's hybrid-flash and other revenues — revenue changed year-over-year?

NetApp's hybrid-flash and other revenues — revenue decreased by 4.0% year-over-year, from $536M to $514.75M.

What is the long-term trend for NetApp's hybrid-flash and other revenues — revenue?

Over 2 years (2024 to 2026), NetApp's hybrid-flash and other revenues — revenue has grown at a -7.3% compound annual growth rate (CAGR), from $2.4B to $2.06B.

What does hybrid-flash and other revenues — revenue mean?

Total revenue generated from hybrid-flash storage hardware and related legacy data management products.

Business Segments · Revenue

Hybrid-Flash And Other Revenues — Revenue

NetApp Hybrid-Flash And Other Revenues — Revenue remained flat by 0.0% to $514.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $536M to $514.75M. Over 2 years (FY 2024 to FY 2026), Hybrid-Flash And Other Revenues — Revenue shows a downward trend with a -7.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryGrowth

SignalHigher is better

VolatilityModerate

First reportedQ1 2024

Last reportedQ4 2026Jun 5, 2026

Rolls up toTotal Revenue

How to read this metric

An increase suggests strong demand for on-premises storage infrastructure and successful maintenance of the core enterprise customer base, while a decrease may indicate a shift in customer spending toward pure-cloud solutions or competitive pressure in the hardware market.

Detailed definition

This metric represents the total revenue generated from the company's hybrid-flash storage arrays and associated legacy...

Peer comparison

Comparable to legacy hardware and on-premises storage revenue segments reported by enterprise infrastructure peers like Dell Technologies or Hewlett Packard Enterprise.

Metric ID: ntap_segment_hybrid_flash_and_other_revenues_revenues

Historical Data

3 years

	FY'24	FY'25	FY'26
Value	$2.4B	$2.14B	$2.06B
YoY Change	—	-10.5%	-4.0%

Range$2.06B – $2.4B

CAGR-7.3%

Avg YoY Growth-7.2%

Median YoY Growth-7.2%

Current Streak2+ years decline

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Frequently Asked Questions

What is NetApp's hybrid-flash and other revenues — revenue?: NetApp (NTAP) reported hybrid-flash and other revenues — revenue of $514.75M in Q1 2026.
How has NetApp's hybrid-flash and other revenues — revenue changed year-over-year?: NetApp's hybrid-flash and other revenues — revenue decreased by 4.0% year-over-year, from $536M to $514.75M.
What is the long-term trend for NetApp's hybrid-flash and other revenues — revenue?: Over 2 years (2024 to 2026), NetApp's hybrid-flash and other revenues — revenue has grown at a -7.3% compound annual growth rate (CAGR), from $2.4B to $2.06B.
What does hybrid-flash and other revenues — revenue mean?: Total revenue generated from hybrid-flash storage hardware and related legacy data management products.