NetApp NTAP
NASDAQ NTAP
$185.59 +0.21 (+0.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

NetApp (NTAP) EBT Margin (2009 - 2026)

NetApp (NTAP) posted EBT Margin of 23.9% for Q3 2026, down 10.12% on a QoQ basis from 26.59% in Q2 2026, and up 440.0% year-over-year from 4.43% in Q3 2025.

Analysis

NetApp (NTAP) EBT Margin (2009 - 2026) Analysis & Trends

NetApp has reported EBT Margin for 18 years, with the latest figure at 23.9% in Q3 2026.

  • On a quarterly basis, EBT Margin rose 440.0% year-over-year to 23.9% in Q3 2026; TTM through Jul 2026 was 24.73%, a 367.0% increase from a year earlier, with the FY2026 full-year figure at 23.8%, up 275.0% from the prior year.
  • EBT Margin was 23.9% for Q3 2026 at NetApp, down from 26.59% in the prior quarter.
  • The five-year high for EBT Margin was 26.59% in Q2 2026, with the low at 11.6% in Q1 2023.
  • Average EBT Margin over 5 years is 20.21%, with a median of 20.17% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: EBT Margin slumped 1185 bps in 2022, then soared 1219 bps in 2024.
  • Over 5 years, EBT Margin stood at 18.34% in 2022, then increased by 10 bps to 20.17% in 2023, then grew by 8 bps to 21.71% in 2024, then advanced by 6 bps to 23.05% in 2025, then climbed by 4 bps to 23.9% in 2026.
  • The last three EBT Margin figures came in at 23.9% (Q3 2026), 26.59% (Q2 2026), and 25.28% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Dell Technologies 340.03 Bn 328.45 Bn 7.78 Bn 9.01%
2 Sandisk 254.04 Bn 249.28 Bn 7.58 Bn 87.55%
3 Arista Networks 244.37 Bn 231.03 Bn 1.91 Bn 49.55%
4 Seagate Technology Holdings 192.61 Bn 190.91 Bn 1.90 Bn 41.47%
5 Western Digital 168.75 Bn 167.17 Bn 2.03 Bn 86.66%
6 Hewlett Packard Enterprise 69.08 Bn 62.86 Bn 4.93 Bn 14.43%
7 NetApp 36.45 Bn 32.88 Bn 1.42 Bn 23.90%
8 Everpure 33.13 Bn 32.12 Bn 811.39 Mn 6.08%
9 Super Micro Computer 26.01 Bn 18.48 Bn 1.94 Bn 13.22%
10 Penguin Solutions 2.65 Bn 2.41 Bn 133.21 Mn 11.22%
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 23.90%
Apr 24, 2026 26.59%
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 22.78%
Jan 26, 2024 23.79%
Oct 27, 2023 20.17%
Jul 28, 2023 12.99%
Apr 28, 2023 19.86%
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 17.88%