NetApp (NTAP) Net Margin (2009 - 2026)

NetApp (NTAP) has reported Net Margin for 18 consecutive years, with 41.75% the latest figure, recorded in Q2 2026.

• In Q2 2026, Net Margin fell 1682.0% year-over-year to 41.75%; the TTM figure through Apr 2026 stood at 5.55% (down 427.0% YoY), while the FY2026 annual figure was 5.55%, down 427.0% from the prior year.
• Net Margin came in at 41.75% for Q2 2026 at NetApp, down from 19.5% in the prior quarter.
• The five-year high for Net Margin was 45.1% in Q4 2022, with the low at 42.29% in Q2 2024.
• Average Net Margin over 5 years is 6.06%, with a median of 15.18% recorded in 2025.
• Across the five-year window, Net Margin soared 2178 bps in 2022 and tumbled 4078 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 45.1% in 2022, then slumped by 67 bps to 14.92% in 2023, then rose by 21 bps to 18.03% in 2024, then declined by 1 bps to 17.89% in 2025, then plunged by 333 bps to 41.75% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 41.75%, 19.5%, and 17.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.