NetApp, Inc. NTAP

201.15 3.91 1.98% as of 25 Sep
Market cap
$38.8B
P/E
28.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NetApp, Inc. (NTAP) Net margin

NetApp, Inc.'s net margin over the twelve months to 31 July 2026 was 19.2%, up 0.8 percentage points from fiscal 2026 (18.4%). Over the past ten years it has ranged from 1.96% (fiscal 2018) to 20.0% (fiscal 2023); the current reading is higher than 83% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2026 18.4% 0.38
FY2025 18.1% 2.32
FY2024 15.7% (4.30)
FY2023 20.0% 5.20
FY2022 14.8% 2.12
FY2021 12.7% (2.42)
FY2020 15.1% (3.89)
FY2019 19.0% 17.06
FY2018 1.96% (6.80)
FY2017 8.76% 4.63

Quarterly

Period Net margin Change (points)
Jul 2026 18.5% (2.22)
Apr 2026 20.7% 1.24
Jan 2026 19.5% 1.61
Oct 2025 17.9% 2.94
43 more quarters

Against its own ten years

Low 1.96% High 20.0%
Ten-year median 15.0%
Current reading's percentile 83

Net margin against peers

Company Net margin
VRSN VeriSign, Inc. compare 49.8%
CPAY Corpay, Inc. compare 22.6%
TWLO Twilio Inc. compare 20.6%
NTAP NetApp, Inc. 19.2%
OKTA Okta, Inc. compare 9.63%
MDB MongoDB, Inc. compare 2.12%
XYZ Block, Inc. compare 1.43%
ZS Zscaler, Inc. compare −1.88%
CRWV CoreWeave Inc. compare −25.4%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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