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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

NetApp (NTAP) Gross Margin (2016 - 2026)

NetApp (NTAP) has 18 years of Gross Margin data on record, last reported at 70.58% in Q1 2026.

  • For Q1 2026, Gross Margin rose 80.0% year-over-year to 70.58%; the TTM value through Jan 2026 reached 70.46%, down 16.0%, while the annual FY2025 figure was 70.19%, 53.0% down from the prior year.
  • Gross Margin reached 70.58% in Q1 2026 per NTAP's latest filing, down from 71.96% in the prior quarter.
  • Across five years, Gross Margin topped out at 71.96% in Q4 2025 and bottomed at 64.82% in Q2 2022.
  • Average Gross Margin over 5 years is 68.98%, with a median of 69.77% recorded in 2025.
  • Peak YoY movement for Gross Margin: tumbled -282bps in 2022, then skyrocketed 607bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 65.36% in 2022, then rose by 9bps to 71.06% in 2023, then fell by 0bps to 70.99% in 2024, then rose by 1bps to 71.96% in 2025, then dropped by -2bps to 70.58% in 2026.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 70.58% in Q1 2026, 71.96% in Q4 2025, and 70.43% in Q3 2025.