NetApp (NTAP) EBT Margin (2009 - 2026)
NetApp (NTAP) posted quarterly EBT Margin of 32.7% for Q2 2026, down 908.0% year-over-year from 4.05% in Q2 2025, and down 229.36% on a QoQ basis from 25.28% in Q1 2026.
NetApp (NTAP) EBT Margin (2009 - 2026) Analysis & Trends
NetApp (NTAP) has reported EBT Margin for 18 consecutive years, with 32.7% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 908.0% year-over-year to 32.7%; the TTM figure through Apr 2026 stood at 11.51% (down 164.0% YoY), while the FY2026 annual figure was 11.51%, down 164.0% from the prior year.
- EBT Margin came in at 32.7% for Q2 2026 at NetApp, down from 25.28% in the prior quarter.
- The five-year high for EBT Margin was 25.28% in Q1 2026, with the low at 38.88% in Q2 2024.
- Average EBT Margin over 5 years is 8.57%, with a median of 18.65% recorded in 2022.
- Across the five-year window, EBT Margin jumped 1600 bps in 2022 and tumbled 3719 bps in 2023, its largest moves.
- Year by year, EBT Margin stood at 18.34% in 2022, then gained by 10 bps to 20.17% in 2023, then rose by 8 bps to 21.71% in 2024, then grew by 6 bps to 23.05% in 2025, then slumped by 242 bps to 32.7% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 32.7%, 25.28%, and 23.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 47.46% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 27.99% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 54.43% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.16% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 35.50% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -3.35% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 3.28% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -6.48% |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | -32.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -32.70% |
| Jan 23, 2026 | 25.28% |
| Oct 24, 2025 | 23.05% |
| Jul 25, 2025 | 19.50% |
| Apr 25, 2025 | -23.62% |
| Jan 24, 2025 | 22.55% |
| Oct 25, 2024 | 21.71% |
| Jul 26, 2024 | 19.40% |
| Apr 26, 2024 | -38.88% |
| Jan 26, 2024 | 23.79% |
| Oct 27, 2023 | 20.17% |
| Jul 28, 2023 | 12.99% |
| Apr 28, 2023 | -21.00% |
| Jan 27, 2023 | 11.60% |
| Oct 28, 2022 | 18.34% |
| Jul 29, 2022 | 16.96% |
| Apr 29, 2022 | 16.19% |
| Jan 28, 2022 | 18.96% |
| Oct 29, 2021 | 36.22% |
| Jul 30, 2021 | 16.26% |