NetApp NTAP
NASDAQ NTAP
$204.41 +3.26 (+1.62%)
At close: Sep 28, 2026 · 4:00 PM EDT

NetApp (NTAP) Gross Profit (2009 - 2026)

Updated

NetApp (NTAP) recorded Gross Profit of $1.42 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 29.2% from $1.1 billion a year earlier and up 4.0% from the prior quarter.

Analysis

NetApp (NTAP) Gross Profit (2009 - 2026) Analysis & Trends

On a TTM basis, NetApp's Gross Profit came in at $5.22 billion as of Jul 31, 2026, up 13.2% year-over-year; for FY2026 (ended Apr 24, 2026), it was $4.9 billion, up 6.2% from FY2025.

  • Annual Gross Profit has increased for three straight fiscal years, with a five-year compound annual growth rate of 5.1% (FY2021 to FY2026).
  • Across earlier fiscal years, Gross Profit came in at $4.61 billion in FY2025 (+4.1%), $4.43 billion in FY2024 (+5.3%), $4.21 billion in FY2023 (-0.3%) and $4.22 billion in FY2022 (+10.6%).
  • The fiscal Q1 2027 figure is the highest quarterly Gross Profit in data going back to fiscal Q1 2010.
  • On a year-over-year basis, Gross Profit has increased for four consecutive quarters, with growth averaging 7.6% over the last eight quarters.
  • Peak year-over-year performance for Gross Profit in the last five years was growth of 29.2% in fiscal Q1 2027, against a decline of 6.7% in fiscal Q3 2023 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at $1.37 billion (Q4 2026), $1.21 billion (Q3 2026) and $1.23 billion (Q2 2026).
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Historic Data

Historic Data

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NetApp Gross Profit API

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