NetApp (NTAP) Exchange Rate Effect (2009 - 2026)
NetApp (NTAP) posted quarterly Exchange Rate Effect of -$2.0 million for Q2 2026, down 111.11% year-over-year from $18.0 million in Q2 2025, and down 300.0% quarter-over-quarter from $1.0 million in Q1 2026.
NetApp (NTAP) Exchange Rate Effect (2009 - 2026) Analysis & Trends
NetApp's Exchange Rate Effect history runs 18 years deep, the most recent figure standing at -$2.0 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect fell 111.11% year-over-year to -$2.0 million; the TTM figure through Apr 2026 stood at $1.0 million (down 93.33% YoY), while the FY2026 annual figure was $1.0 million, down 93.33% from the prior year.
- Exchange Rate Effect for Q2 2026 stood at -$2.0 million, down from $1.0 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $39.0 million in Q1 2023, with the low at -$26.0 million in Q4 2023.
- The 5-year median for Exchange Rate Effect is -$2.0 million (2026), against an average of -$2.4 million.
- The sharpest annual moves came in 2022 and 2023: Exchange Rate Effect slumped 2400.0% in 2022, then surged 400.0% in 2023.
- NetApp's Exchange Rate Effect stood at -$25.0 million in 2022, then fell by 4.0% to -$26.0 million in 2023, then jumped by 103.85% to $1.0 million in 2024, then plunged by 600.0% to -$5.0 million in 2025, then soared by 60.0% to -$2.0 million in 2026.
- Business Quant data shows NTAP's Exchange Rate Effect at -$2.0 million in Q2 2026, $1.0 million in Q1 2026, and -$5.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | -1.00 Mn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 3.00 Mn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 292,000.00 |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | - |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 3.43 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | - |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | -55,000.00 |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -2.00 Mn |
| Apr 24, 2026 | -2.00 Mn |
| Jan 23, 2026 | 1.00 Mn |
| Jan 23, 2026 | 1.00 Mn |
| Oct 24, 2025 | -5.00 Mn |
| Oct 24, 2025 | -5.00 Mn |
| Jul 25, 2025 | 7.00 Mn |
| Jul 25, 2025 | 7.00 Mn |
| Apr 25, 2025 | 18.00 Mn |
| Apr 25, 2025 | 18.00 Mn |
| Jan 24, 2025 | -12.00 Mn |
| Jan 24, 2025 | -12.00 Mn |
| Oct 25, 2024 | 1.00 Mn |
| Oct 25, 2024 | 1.00 Mn |
| Jul 26, 2024 | 8.00 Mn |
| Jul 26, 2024 | 8.00 Mn |
| Apr 26, 2024 | -9.00 Mn |
| Apr 26, 2024 | -9.00 Mn |
| Jan 26, 2024 | 16.00 Mn |
| Jan 26, 2024 | 16.00 Mn |