NetApp (NTAP) Net Margin (2009 - 2026)

NetApp has disclosed Net Margin across 18 years of filings, most recently posting 41.75% for Q2 2026.

• For the quarter ending Q2 2026, Net Margin fell 1682.0% year-over-year to 41.75%; the trailing twelve-month figure through Apr 2026 stood at 5.55% (down 427.0% YoY), and the FY2026 full-year result was 5.55%, down 427.0% from the prior year.
• Net Margin was 41.75% for Q2 2026 at NetApp, down from 19.5% in the prior quarter.
• Over five years, Net Margin peaked at 45.1% in Q4 2022 and troughed at 42.29% in Q2 2024.
• The 5-year median for Net Margin is 15.18% (2025), against an average of 6.06%.
• The sharpest annual moves came in 2022 and 2023: Net Margin surged 2178 bps in 2022, then plunged 4078 bps in 2023.
• Year by year, Net Margin stood at 45.1% in 2022, then sank by 67 bps to 14.92% in 2023, then gained by 21 bps to 18.03% in 2024, then fell by 1 bps to 17.89% in 2025, then tumbled by 333 bps to 41.75% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 41.75% in Q2 2026, 19.5% in Q1 2026, and 17.89% in Q4 2025.