What is the current annual net margin of NTAP?

As of today, NTAP annual net margin is 18.43%

What is 1-year change in NTAP annual net margin?

NTAP annual net margin is up +2.11% year-over-year

What is 3-year change in NTAP annual net margin?

NTAP annual net margin is down -8.03% over the past 3 years

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

NTAP annual net margin is currently -8.03% below its historical high of 20.04% set on April 30, 2023

How does NTAP annual net margin rank versus sector peers?

NTAP annual net margin is higher than 87.69% 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

What is the current quarterly net margin of NTAP?

As of today, NTAP quarterly net margin is 18.51%

What is NTAP quarterly net margin most recent change?

NTAP quarterly net margin was down -10.71% on July 31, 2026

What is 1-year change in NTAP quarterly net margin?

NTAP quarterly net margin is up +23.73% year-over-year

How far is NTAP quarterly net margin from its all-time high?

NTAP quarterly net margin is currently -58.88% below its historical high of 45.02% set on October 28, 2022

How does NTAP quarterly net margin rank versus sector peers?

NTAP quarterly net margin is higher than 86.50% of companies in Technology sector

When is NTAP next earnings release?

The next earnings release for NTAP is on December 1, 2026

NetApp, Inc. (NTAP) Net Margin History & Chart Since 1996

Annual Net Margin

18.43%0.38%+2.11%

April 24, 2026

Summary

Current Value: As of today, NTAP annual net margin is 18.43%, up +2.11% on April 24, 2026
Historical Performance: NTAP annual net margin is down -8.03% over the past 3 years, up +44.78% over the past 5 years
All-Time High Comparison: NTAP annual net margin is currently -8.03% below its historical high of 20.04% set on April 30, 2023
3-Year Low Comparison: NTAP annual net margin is +17.16% above its 3-year low of 15.73% reached on April 30, 2024
Sector Comparison: NTAP annual net margin is higher than 87.69% of companies in Technology sector

Net Margin Chart

beforeafter

Performance

NTAP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Apr 24, 26	18.43%	+2.1%	-8.0%	+44.8%	+40.3%
Quarterly Net Margin	Jul 31, 26	18.51%	+23.7%	+77.8%	+33.6%	+93.4%
Price	Sep 3, 26	$185.38	+56.0%	+138.9%	+102.9%	+417.7%
PE Ratio	Sep 3, 26	26.16	+24.6%	+86.2%	+7.5%	+21.3%
Annual Revenue	Apr 24, 26	$6.92B	+5.4%	+8.9%	+20.8%	+35.1%
Annual Net Income	Apr 24, 26	$1.28B	+7.6%	+0.2%	+74.8%	+89.6%
Annual Gross Margin	Apr 24, 26	70.59%	+1.0%	+7.4%	+6.6%	+8.8%
Annual Operating Margin	Apr 24, 26	24.45%	+12.8%	+34.7%	+51.2%	+50.5%

Net Margin Highs

NTAP Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	20.04%	N/A	-8.0%
5Y	20.04%	Apr 30, 23	-8.0%
All	20.04%	Apr 30, 23	-8.0%

Net Margin Lows

NTAP Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	15.73%	Apr 30, 24	+17.2%
5Y	12.73%	N/A	+44.8%
All	0.27%	Apr 30, 97	+6725.9%

Net Margin History

Year	Value	Change
2026	18.43%	+2.1%
2025	18.05%	+14.7%
2024	15.73%	-21.5%
2023	20.04%	+35.3%
2022	14.81%	+16.3%
2021	12.73%	-15.9%
2020	15.13%	-20.5%
2019	19.02%	+870.4%
2018	1.96%	-78.8%
2017	9.23%	+123.5%
2016	4.13%	-55.0%
2015	9.17%	-9.0%
2014	10.08%	+26.3%
2013	7.98%	-18.1%
2012	9.74%	-25.9%
2011	13.14%	+29.1%

Year	Value	Change
2010	10.18%	+300.8%
2009	2.54%	-72.9%
2008	9.38%	-11.7%
2007	10.62%	-17.6%
2006	12.89%	-8.8%
2005	14.13%	+8.7%
2004	13.00%	+51.7%
2003	8.57%	+2,155.3%
2002	0.38%	-94.9%
2001	7.44%	-41.6%
2000	12.74%	+3.5%
1999	12.31%	-2.5%
1998	12.62%	+4,574.1%
1997	0.27%	-98.1%
1996	14.15%	-

FAQ

What is the current annual net margin of NTAP?: As of today, NTAP annual net margin is 18.43%
What is 1-year change in NTAP annual net margin?: NTAP annual net margin is up +2.11% year-over-year
What is 3-year change in NTAP annual net margin?: NTAP annual net margin is down -8.03% over the past 3 years
How far is NTAP annual net margin from its all-time high?: NTAP annual net margin is currently -8.03% below its historical high of 20.04% set on April 30, 2023
How does NTAP annual net margin rank versus sector peers?: NTAP annual net margin is higher than 87.69% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

18.51%2.22%-10.71%

July 31, 2026

Summary

Current Value: As of today, NTAP quarterly net margin is 18.51%, down -10.71% on July 31, 2026
Historical Performance: NTAP quarterly net margin is up +23.73% year-over-year, up +77.81% over the past 3 years
All-Time High Comparison: NTAP quarterly net margin is currently -58.88% below its historical high of 45.02% set on October 28, 2022
3-Year Low Comparison: NTAP quarterly net margin is +77.81% above its 3-year low of 10.41% reached on an earlier date
Sector Comparison: NTAP quarterly net margin is higher than 86.50% of companies in Technology sector

Performance

NTAP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jul 31, 26	18.51%	-10.7%	+23.7%	+77.8%	+33.6%
Annual Net Margin	Apr 24, 26	18.43%	–	+2.1%	-8.0%	+44.8%
Price	Sep 3, 26	$185.38	+3.6%	+56.0%	+138.9%	+102.9%
PE Ratio	Sep 3, 26	26.16	-7.0%	+24.6%	+86.2%	+7.5%
Quarterly Revenue	Jul 31, 26	$2.03B	+4.0%	+30.1%	+41.6%	+39.0%
Quarterly Net Income	Jul 31, 26	$375.00M	-7.2%	+60.9%	+151.7%	+85.6%
Quarterly Gross Margin	Jul 31, 26	70.09%	+0.1%	-0.2%	+1.4%	+2.5%
Quarterly Operating Margin	Jul 31, 26	26.70%	-2.2%	+34.5%	+85.4%	+43.1%

Quarterly Net Margin Highs

NTAP Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	20.73%	Apr 24, 26	-10.7%
3Y	20.73%	Apr 24, 26	-10.7%
5Y	45.02%	Oct 28, 22	-58.9%
All	45.02%	Oct 28, 22	-58.9%

Quarterly Net Margin Lows

NTAP Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	14.96%	N/A	+23.7%
3Y	10.41%	N/A	+77.8%
5Y	4.28%	Jan 27, 23	+332.5%
All	-31.12%	Jan 26, 18	+159.5%

Quarterly Net Margin History

Month	Value	Change
Jul 2026	18.51%	-10.7%
Apr 2026	20.73%	+6.3%
Jan 2026	19.50%	+8.9%
Oct 2025	17.90%	+19.7%
Jul 2025	14.96%	-23.8%
Apr 2025	19.62%	+7.9%
Jan 2025	18.18%	+0.7%
Oct 2024	18.06%	+12.2%
Jul 2024	16.09%	-7.8%
Apr 2024	17.46%	-10.5%
Jan 2024	19.51%	+30.5%
Oct 2023	14.95%	+43.6%
Jul 2023	10.41%	-33.0%
Apr 2023	15.53%	+262.9%
Jan 2023	4.28%	-90.5%
Oct 2022	45.02%	+235.2%
Jul 2022	13.43%	-12.8%
Apr 2022	15.40%	-1.3%
Jan 2022	15.61%	+9.2%
Oct 2021	14.29%	+3.2%
Jul 2021	13.85%	-35.5%
Apr 2021	21.48%	+73.1%
Jan 2021	12.41%	+27.7%
Oct 2020	9.72%	+64.5%
Jul 2020	5.91%	-57.8%
Apr 2020	13.99%	-29.1%
Jan 2020	19.73%	+11.3%
Oct 2019	17.72%	+112.7%
Jul 2019	8.33%	-66.5%
Apr 2019	24.87%	+56.1%
Jan 2019	15.93%	+0.3%
Oct 2018	15.89%	-17.2%
Jul 2018	19.20%	+8.8%
Apr 2018	17.64%	+156.7%
Jan 2018	-31.12%	-353.0%
Oct 2017	12.30%	+24.0%
Jul 2017	9.92%	-22.7%
Apr 2017	12.83%	+22.9%
Jan 2017	10.44%	+28.3%
Oct 2016	8.14%	+64.4%
Jul 2016	4.95%	+953.4%
Apr 2016	-0.58%	-105.2%
Jan 2016	11.05%	+40.2%
Oct 2015	7.88%	+450.2%
Jul 2015	-2.25%	-125.6%
Apr 2015	8.79%	-23.6%
Jan 2015	11.51%	+11.4%
Oct 2014	10.33%	+74.2%
Jul 2014	5.93%	-50.3%
Apr 2014	11.94%	+0.1%
Jan 2014	11.93%	+11.0%
Oct 2013	10.75%	+99.8%
Jul 2013	5.38%	-47.0%
Apr 2013	10.15%	+4.9%
Jan 2013	9.68%	+36.3%
Oct 2012	7.10%	+60.3%
Jul 2012	4.43%	-58.3%
Apr 2012	10.62%	+38.1%
Jan 2012	7.69%	-30.0%
Oct 2011	10.99%	+14.8%
Jul 2011	9.57%	-25.6%
Apr 2011	12.87%	-5.4%

Month	Value	Change
Jan 2011	13.60%	-0.2%
Oct 2010	13.63%	+9.4%
Jul 2010	12.46%	+0.2%
Apr 2010	12.43%	+16.5%
Jan 2010	10.67%	+1.6%
Oct 2009	10.50%	+71.3%
Jul 2009	6.13%	-28.8%
Apr 2009	8.61%	+185.2%
Jan 2009	-10.11%	-287.6%
Oct 2008	5.39%	+24.2%
Jul 2008	4.34%	-54.7%
Apr 2008	9.58%	-16.8%
Jan 2008	11.52%	+9.0%
Oct 2007	10.57%	+112.2%
Jul 2007	4.98%	-55.5%
Apr 2007	11.19%	+22.7%
Jan 2007	9.12%	-31.5%
Oct 2006	13.32%	+51.4%
Jul 2006	8.80%	-11.1%
Apr 2006	9.90%	-30.4%
Jan 2006	14.23%	-2.8%
Oct 2005	14.64%	+9.2%
Jul 2005	13.41%	-4.5%
Apr 2005	14.04%	-3.6%
Jan 2005	14.57%	-1.2%
Oct 2004	14.75%	+12.9%
Jul 2004	13.07%	+20.8%
Apr 2004	10.82%	-19.9%
Jan 2004	13.51%	-23.1%
Oct 2003	17.57%	+69.1%
Jul 2003	10.39%	+1.2%
Apr 2003	10.27%	+19.3%
Jan 2003	8.61%	+17.1%
Oct 2002	7.35%	-6.0%
Jul 2002	7.82%	+106.3%
Apr 2002	3.79%	+7.7%
Jan 2002	3.52%	+161.1%
Oct 2001	-5.76%	-2,115.4%
Jul 2001	-0.26%	-223.8%
Apr 2001	0.21%	-98.2%
Jan 2001	11.81%	-12.9%
Oct 2000	13.56%	+530.7%
Jul 2000	2.15%	-82.4%
Apr 2000	12.24%	-6.5%
Jan 2000	13.09%	+1.7%
Oct 1999	12.87%	-1.3%
Jul 1999	13.04%	+10.2%
Apr 1999	11.83%	-4.8%
Jan 1999	12.42%	-2.7%
Oct 1998	12.76%	+3.2%
Jul 1998	12.37%	-1.2%
Apr 1998	12.52%	-0.9%
Jan 1998	12.63%	-0.7%
Oct 1997	12.72%	+0.7%
Jul 1997	12.63%	+167.5%
Apr 1997	-18.70%	-237.5%
Jan 1997	13.60%	+3.0%
Oct 1996	13.21%	+596.6%
Jul 1996	-2.66%	-114.4%
Apr 1996	18.48%	+19.3%
Jan 1996	15.49%	-

FAQ

What is the current quarterly net margin of NTAP?: As of today, NTAP quarterly net margin is 18.51%
What is NTAP quarterly net margin most recent change?: NTAP quarterly net margin was down -10.71% on July 31, 2026
What is 1-year change in NTAP quarterly net margin?: NTAP quarterly net margin is up +23.73% year-over-year
How far is NTAP quarterly net margin from its all-time high?: NTAP quarterly net margin is currently -58.88% below its historical high of 45.02% set on October 28, 2022
How does NTAP quarterly net margin rank versus sector peers?: NTAP quarterly net margin is higher than 86.50% of companies in Technology sector
When is NTAP next earnings release?: The next earnings release for NTAP is on December 1, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

NTAP Official Website www.netapp.com
NTAP Profile on Yahoo Finance finance.yahoo.com/quote/NTAP
NTAP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ntap