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
DateValue
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%