Analysis: NetApp announces Q1 FY2025 financial results

Analysis: NetApp announces Q1 FY2025 financial results

Chris EvansAll-Flash Storage, Analysis, Cloud Practice, Cloud Storage, Data Management, Data Practice: Data Storage, Enterprise, Individual Subscribers, NetApp, Storage

NetApp, Inc. has announced financial results for the first quarter of financial year 2025, ending July 2024.  The data shows revenue up 7.6% compared to Q1 FY2024, with net income up 58%.  All-flash array revenue is up 21%, year-on-year.  However, public cloud revenue continues to look flat, up 3.2% compared to the previous year.  These results show two stories and areas of focus for the coming year.

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