NetApp (NTAP) Gross Margin (2009 - 2026)

NetApp (NTAP) has reported Gross Margin for 18 consecutive years, with 108.33% the latest figure, recorded in Q2 2026.

• In Q2 2026, Gross Margin fell 348.0% year-over-year to 108.33%; the TTM figure through Apr 2026 stood at 78.55% (up 45.0% YoY), while the FY2026 annual figure was 78.55%, up 45.0% from the prior year.
• Gross Margin came in at 108.33% for Q2 2026 at NetApp, up from 70.58% in the prior quarter.
• The five-year high for Gross Margin was 111.81% in Q2 2025, with the low at 64.82% in Q2 2022.
• Average Gross Margin over 5 years is 75.81%, with a median of 70.5% recorded in 2025.
• Across the five-year window, Gross Margin plunged 7163 bps in 2022 and soared 4326 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 65.36% in 2022, then rose by 9 bps to 71.06% in 2023, then fell by 0 bps to 70.99% in 2024, then rose by 1 bps to 71.96% in 2025, then jumped by 51 bps to 108.33% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 108.33%, 70.58%, and 71.96% for Q2 2026, Q1 2026, and Q4 2025 respectively.