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
DateValue
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