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% on a QoQ basis from $1.0 million in Q1 2026.
NetApp (NTAP) Exchange Rate Effect (2009 - 2026) Analysis & Trends
NetApp (NTAP) has reported Exchange Rate Effect for 18 consecutive years, with -$2.0 million the latest figure, recorded in 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 came in at -$2.0 million for Q2 2026 at NetApp, 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.
- Average Exchange Rate Effect over 5 years is -$2.4 million, with a median of -$2.0 million recorded in 2026.
- Across the five-year window, Exchange Rate Effect plunged 2400.0% in 2022 and soared 400.0% in 2023, its largest moves.
- Year by year, Exchange Rate Effect stood at -$25.0 million in 2022, then dropped by 4.0% to -$26.0 million in 2023, then surged by 103.85% to $1.0 million in 2024, then slumped by 600.0% to -$5.0 million in 2025, then jumped by 60.0% to -$2.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$2.0 million, $1.0 million, and -$5.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | -114.00 Mn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 3.00 Mn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | -2.40 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 2.31 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | - |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 3.43 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -471,000.00 |
| 10 | NetApp | 31.12 Bn | 27.54 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 |