NetApp, Inc. company logo
NetApp, Inc. logo

NetApp, Inc. (NTAP) Gross Margin

Annual Gross Margin

69.90%0.46%-0.65%

Summary

Current Value
As of today, NTAP annual gross margin is 69.90%, down -0.65% on
Historical Performance
NTAP annual gross margin is up +4.92% over the past 3 years, and up +4.42% over the past 5 years
All-Time High Comparison
NTAP annual gross margin is currently -0.65% below its historical high of 70.36% set on
3-Year Low Comparison
NTAP annual gross margin is +6.36% above its 3-year low of 65.72% reached on
Sector Comparison
NTAP annual gross margin is higher than 79.52% of companies in Technology sector

Gross Margin Chart

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Performance

NTAP Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin69.90%-0.7%+4.9%+4.4%+9.2%
Quarterly Gross Margin71.77%+1.6%+10.3%+9.6%+8.3%
Price$103.84-13.4%+60.6%+60.6%+74.6%
PE Ratio18.07-17.9%+84.4%-14.7%-54.4%
Annual Revenue$6.57B+4.8%+3.9%+21.4%+67.1%
Annual Gross Profit$4.59B+4.1%+9.0%+26.8%+82.5%
Annual Operating Margin21.67%+7.1%+13.3%+26.0%+88.3%
Annual Net Margin18.05%+14.8%+21.9%+19.3%+77.3%

Gross Margin Highs

NTAP Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y70.36%-0.7%
5Y70.36%-0.7%
All70.36%-0.7%

Gross Margin Lows

NTAP Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y65.72%+6.4%
5Y65.72%+6.4%
All55.92%+25.0%

Gross Margin History

YearValueChange
69.90%-0.7%
70.36%+7.1%
65.72%-1.4%
66.62%+0.6%
66.21%-1.1%
66.94%+4.5%
64.03%+2.6%
62.38%+2.2%
61.04%+0.2%
60.92%-2.5%
62.50%+0.9%
61.94%+5.1%
58.91%-0.0%
58.92%-9.2%
64.89%+1.4%
YearValueChange
64.01%+8.5%
59.00%-2.9%
60.76%+0.3%
60.57%+0.1%
60.50%-0.0%
60.53%+0.5%
60.20%-1.7%
61.25%+6.4%
57.57%-2.3%
58.91%-0.6%
59.29%+0.2%
59.19%-0.3%
59.35%+0.2%
59.22%+5.9%
55.92%-

FAQ

  • What is the current annual gross margin of NTAP?

    As of today, NTAP annual gross margin is 69.90%

  • What is 1-year change in NTAP annual gross margin?

    NTAP annual gross margin is down -0.65% year-over-year

  • What is 3-year change in NTAP annual gross margin?

    NTAP annual gross margin is up +4.92% over the past 3 years

  • How far is NTAP annual gross margin from its all-time high?

    NTAP annual gross margin is currently -0.65% below its historical high of 70.36% set on April 30, 2024

  • How does NTAP annual gross margin rank versus sector peers?

    NTAP annual gross margin is higher than 79.52% of companies in Technology sector

  • When is NTAP next annual earnings release?

    As of today, the next annual earnings release for NTAP has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. NTAP Official Website www.netapp.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1002047/000119312525297237/0001193125-25-297237-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1002047/000095017025083705/0000950170-25-083705-index.htm
  4. NTAP Profile on Yahoo Finance finance.yahoo.com/quote/NTAP
  5. NTAP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ntap