Business Segments · Gross Profit Excluding Unallocated Cost Of Revenues

Public Cloud — Gross Profit Excluding Unallocated Cost Of Revenues

NetApp Public Cloud — Gross Profit Excluding Unallocated Cost Of Revenues increased by 4.2% to $148.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $133.00M to $148.00M. Over 4 years (FY 2021 to FY 2025), Public Cloud — Gross Profit Excluding Unallocated Cost Of Revenues shows an upward trend with a 39.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

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

How to read this metric

An increase indicates improved pricing power or better cost management in service delivery, while a decrease suggests margin compression.

Detailed definition

Measures the total revenue generated by the Public Cloud segment minus the direct costs associated with delivering those...

Peer comparison

Comparable to 'Segment Gross Profit' in other SaaS or cloud infrastructure companies.

Metric ID: ntap_segment_public_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$47.00M$56.00M$62.00M$78.00M$82.00M$92.00M$97.00M$103.00M$99.00M$103.00M$102.00M$99.00M$104.00M$113.00M$124.00M$133.00M$130.00M$129.00M$142.00M$148.00M
QoQ Change+19.1%+10.7%+25.8%+5.1%+12.2%+5.4%+6.2%-3.9%+4.0%-1.0%-2.9%+5.1%+8.7%+9.7%+7.3%-2.3%-0.8%+10.1%+4.2%
YoY Change+74.5%+64.3%+56.5%+32.1%+20.7%+12.0%+5.2%-3.9%+5.1%+9.7%+21.6%+34.3%+25.0%+14.2%+14.5%+11.3%
Range$47.00M$148.00M
CAGR+27.3%
Avg YoY Growth+24.8%
Median YoY Growth+17.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is NetApp's public cloud — gross profit excluding unallocated cost of revenues?
NetApp (NTAP) reported public cloud — gross profit excluding unallocated cost of revenues of $148.00M in Q4 2025.
How has NetApp's public cloud — gross profit excluding unallocated cost of revenues changed year-over-year?
NetApp's public cloud — gross profit excluding unallocated cost of revenues increased by 11.3% year-over-year, from $133.00M to $148.00M.
What is the long-term trend for NetApp's public cloud — gross profit excluding unallocated cost of revenues?
Over 4 years (2021 to 2025), NetApp's public cloud — gross profit excluding unallocated cost of revenues has grown at a 39.0% compound annual growth rate (CAGR), from $134.00M to $500.00M.
What does public cloud — gross profit excluding unallocated cost of revenues mean?
The profit remaining from Public Cloud sales after subtracting the direct costs to provide those services.