NetApp (NTAP) Gross Margin (2009 - 2026)

NetApp has disclosed Gross Margin across 18 years of filings, most recently posting 108.33% for Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 348.0% year-over-year to 108.33%; the trailing twelve-month figure through Apr 2026 stood at 78.55% (up 45.0% YoY), and the FY2026 full-year result was 78.55%, up 45.0% from the prior year.
• Gross Margin was 108.33% for Q2 2026 at NetApp, up from 70.58% in the prior quarter.
• Over five years, Gross Margin peaked at 111.81% in Q2 2025 and troughed at 64.82% in Q2 2022.
• The 5-year median for Gross Margin is 70.5% (2025), against an average of 75.81%.
• The sharpest annual moves came in 2022 and 2024: Gross Margin sank 7163 bps in 2022, then surged 4326 bps in 2024.
• Year by year, Gross Margin stood at 65.36% in 2022, then gained by 9 bps to 71.06% in 2023, then retreated by 0 bps to 70.99% in 2024, then gained by 1 bps to 71.96% in 2025, then surged by 51 bps to 108.33% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 108.33% in Q2 2026, 70.58% in Q1 2026, and 71.96% in Q4 2025.