NetApp (NTAP) Exchange Rate Effect (2009 - 2026)
NetApp (NTAP) posted Exchange Rate Effect of -$6.0 million for Q3 2026, down 200.0% on a QoQ basis from -$2.0 million in Q2 2026, and down 185.71% year-over-year from $7.0 million in Q3 2025.
Analysis
NetApp (NTAP) Exchange Rate Effect (2009 - 2026) Analysis & Trends
NetApp has reported Exchange Rate Effect for 18 years, with the latest figure at -$6.0 million in Q3 2026.
- On a quarterly basis, Exchange Rate Effect fell 185.71% year-over-year to -$6.0 million in Q3 2026; TTM through Jul 2026 was -$12.0 million, a 185.71% decrease from a year earlier, with the FY2026 full-year figure at $1.0 million, down 93.33% from the prior year.
- Exchange Rate Effect was -$6.0 million for Q3 2026 at NetApp, down from -$2.0 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.
- Average Exchange Rate Effect over 5 years is -$2.6 million, with a median of -$3.5 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Exchange Rate Effect slumped 2400.0% in 2022, then jumped 400.0% in 2023.
- Over 5 years, Exchange Rate Effect stood at -$25.0 million in 2022, then decreased by 4.0% to -$26.0 million in 2023, then soared by 103.85% to $1.0 million in 2024, then plunged by 600.0% to -$5.0 million in 2025, then declined by 20.0% to -$6.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$6.0 million (Q3 2026), -$2.0 million (Q2 2026), and $1.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | -13.00 Mn |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | - |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | -1.00 Mn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | - |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | - |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | -30.00 Mn |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | -6.00 Mn |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | - |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | -2.80 Mn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -6.00 Mn |
| Apr 24, 2026 | -2.00 Mn |
| Jan 23, 2026 | 1.00 Mn |
| Oct 24, 2025 | -5.00 Mn |
| Jul 25, 2025 | 7.00 Mn |
| Apr 25, 2025 | 18.00 Mn |
| Jan 24, 2025 | -12.00 Mn |
| Oct 25, 2024 | 1.00 Mn |
| Jul 26, 2024 | 8.00 Mn |
| Apr 26, 2024 | -9.00 Mn |
| Jan 26, 2024 | 16.00 Mn |
| Oct 27, 2023 | -26.00 Mn |
| Apr 28, 2023 | 3.00 Mn |
| Jan 27, 2023 | 39.00 Mn |
| Oct 28, 2022 | -25.00 Mn |
| Jul 29, 2022 | -18.00 Mn |
| Apr 29, 2022 | -23.00 Mn |
| Jan 28, 2022 | -13.00 Mn |
| Oct 29, 2021 | -8.00 Mn |
| Jul 30, 2021 | -5.00 Mn |