NetApp (NTAP) EBT Margin (2009 - 2026)
NetApp (NTAP) recorded quarterly EBT Margin of 32.7% in Q2 2026, down 229.36% quarter-over-quarter from 25.28% in Q1 2026, and down 908.0% year-on-year from 4.05% in Q2 2025.
NetApp (NTAP) EBT Margin (2009 - 2026) Analysis & Trends
NetApp has disclosed EBT Margin across 18 years of filings, most recently posting 32.7% for Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 908.0% year-over-year to 32.7%; the trailing twelve-month figure through Apr 2026 stood at 11.51% (down 164.0% YoY), and the FY2026 full-year result was 11.51%, down 164.0% from the prior year.
- EBT Margin was 32.7% for Q2 2026 at NetApp, down from 25.28% in the prior quarter.
- Over five years, EBT Margin peaked at 25.28% in Q1 2026 and troughed at 38.88% in Q2 2024.
- The 5-year median for EBT Margin is 18.65% (2022), against an average of 8.57%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin soared 1600 bps in 2022, then plunged 3719 bps in 2023.
- Year by year, EBT Margin stood at 18.34% in 2022, then advanced by 10 bps to 20.17% in 2023, then gained by 8 bps to 21.71% in 2024, then increased by 6 bps to 23.05% in 2025, then sank by 242 bps to 32.7% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 32.7% 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 | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 35.50% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 3.28% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.35% |
| 10 | NetApp | 32.80 Bn | 29.21 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% |