NetApp (NTAP) EBT Margin (2009 - 2026)
NetApp (NTAP) posted quarterly EBT Margin of 21.15% for Q2 2026, down 4159.0% year-over-year from 0.52% in Q2 2025, and down 183.67% quarter-over-quarter from 25.28% in Q1 2026.
NetApp (NTAP) EBT Margin (2009 - 2026) Analysis & Trends
NetApp's EBT Margin history runs 18 years deep, the most recent figure standing at 21.15% for Q2 2026.
- In Q2 2026, EBT Margin fell 4159.0% year-over-year to 21.15%; the TTM figure through Apr 2026 stood at 10.37% (down 1068.0% YoY), while the FY2026 annual figure was 10.37%, down 1068.0% from the prior year.
- EBT Margin for Q2 2026 stood at 21.15%, down from 25.28% in the prior quarter.
- The five-year high for EBT Margin was 35.95% in Q2 2024, with the low at 21.15% in Q2 2026.
- The 5-year median for EBT Margin is 19.45% (2024), against an average of 14.8%.
- The sharpest annual moves came in 2022 and 2024: EBT Margin sank 4453 bps in 2022, then jumped 4266 bps in 2024.
- NetApp's EBT Margin stood at 18.34% in 2022, then climbed by 10 bps to 20.17% in 2023, then advanced by 8 bps to 21.71% in 2024, then rose by 6 bps to 23.05% in 2025, then sank by 192 bps to 21.15% in 2026.
- Business Quant data shows NTAP's EBT Margin at 21.15% in Q2 2026, 25.28% in Q1 2026, and 23.05% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 48.94% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 27.99% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 55.87% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -5.20% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 35.17% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -24.13% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 3.28% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -21.90% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 4.56% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -21.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -21.15% |
| Jan 23, 2026 | 25.28% |
| Oct 24, 2025 | 23.05% |
| Jul 25, 2025 | 19.50% |
| Apr 25, 2025 | 20.44% |
| Jan 24, 2025 | 22.55% |
| Oct 25, 2024 | 21.71% |
| Jul 26, 2024 | 19.40% |
| Apr 26, 2024 | 35.95% |
| Jan 26, 2024 | 23.79% |
| Oct 27, 2023 | 20.17% |
| Jul 28, 2023 | 12.99% |
| Apr 28, 2023 | -6.70% |
| Jan 27, 2023 | 11.60% |
| Oct 28, 2022 | 18.34% |
| Jul 29, 2022 | 16.96% |
| Apr 29, 2022 | -16.49% |
| Jan 28, 2022 | 18.96% |
| Oct 29, 2021 | 36.22% |
| Jul 30, 2021 | 16.26% |