NetApp (NTAP) Gross Margin (2009 - 2026)

NetApp has reported Gross Margin for 18 years, with the latest figure at 70.07% in Q3 2026.

• On a quarterly basis, Gross Margin fell 36.0% year-over-year to 70.07% in Q3 2026; TTM through Jul 2026 was 70.63%, a 63.0% increase from a year earlier, with the FY2026 full-year figure at 70.74%, up 55.0% from the prior year.
• Gross Margin was 70.07% for Q3 2026 at NetApp, roughly flat from 70.07% in the prior quarter.
• The five-year high for Gross Margin was 71.96% in Q4 2025, with the low at 64.82% in Q2 2022.
• Average Gross Margin over 5 years is 69.09%, with a median of 70.07% recorded in 2026.
• The sharpest annual moves came in 2022 and 2024: Gross Margin sank 282 bps in 2022, then surged 607 bps in 2024.
• Over 5 years, Gross Margin stood at 65.36% in 2022, then grew by 9 bps to 71.06% in 2023, then dropped by 0 bps to 70.99% in 2024, then grew by 1 bps to 71.96% in 2025, then decreased by 3 bps to 70.07% in 2026.
• The last three Gross Margin figures came in at 70.07% (Q3 2026), 70.07% (Q2 2026), and 70.58% (Q1 2026), per Business Quant data.