Wire · operational-macro
AI adds impetus to NetApp revenue rise
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Fusion42 · 3 September 2026 · Fusion42 review
NetApp reported a record $2 billion revenue for Q1 FY2027, driven by a 30% year-over-year increase led by AI and cloud-driven storage demand, surpassing its outlook and expanding its full-year revenue forecast to $8.1 billion. The company achieved strong growth across all product lines, including a 47% rise in all-flash array revenues and 28% growth in public cloud revenues, highlighting AI as a key operational driver.
This Wire brief sits within Fusion42's coverage of Enterprise Software.
◆ ◆ The Wire takeaway
AI-fuelled demand is driving exponential growth in enterprise storage, making this a rare moment to pitch investors and customers on AI-ready data infrastructure. You can capitalise on the expanding appetite for cloud and all-flash storage options as your customers modernise.
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1 source · 3 Sep 2026
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