NetApp Inc. reported record financial results for the fourth quarter and fiscal year 2025, showcasing significant growth in several key areas. The company's net revenues for the fourth quarter reached $1.73 billion, marking a 4% increase compared to the same period in the previous year. For the fiscal year 2025, net revenues rose to $6.57 billion, a 5% increase year-over-year. NetApp achieved a record GAAP operating profit of $1.34 billion for the fiscal year, with a non-GAAP operating profit of $1.86 billion. The GAAP operating margins for the year stood at 20%, while the non-GAAP operating margins were 28%. The company also returned $1.57 billion to stockholders through share repurchases and cash dividends. The company's all-flash array annualized net revenue run rate increased by 14% year-over-year, reaching $4.1 billion. Public Cloud services revenue also saw a significant increase, rising 43% year-over-year to $416 million. In the fourth quarter, NetApp reported a GAAP net income of $340 million, compared to $291 million in the fourth quarter of fiscal year 2024. The non-GAAP net income for the quarter was $397 million, up from $382 million in the previous year. The company is entering fiscal year 2026 with a strong portfolio and a focus on innovation and market expansion, positioning itself to continue driving sustainable long-term growth. NetApp has refreshed its entire systems portfolio and sharpened its focus on cloud services, aiming to lead in the enterprise AI market.