Growth Metrics

NetApp (NTAP) Net Margin (2016 - 2026)

NetApp has reported Net Margin over the past 18 years, most recently at 19.5% for Q1 2026.

  • Quarterly results put Net Margin at 19.5% for Q1 2026, up 128.0% from a year ago — trailing twelve months through Jan 2026 was 4.99% (down 32.0% YoY), and the annual figure for FY2025 was 4.7%, up 159.0%.
  • Net Margin for Q1 2026 was 19.5% at NetApp, up from 17.89% in the prior quarter.
  • Over the last five years, Net Margin for NTAP hit a ceiling of 45.1% in Q4 2022 and a floor of 31.0% in Q2 2025.
  • Median Net Margin over the past 5 years was 15.5% (2023), compared with a mean of 9.72%.
  • Biggest five-year swings in Net Margin: surged 3276bps in 2023 and later crashed -4547bps in 2024.
  • NetApp's Net Margin stood at 45.1% in 2022, then tumbled by -67bps to 14.92% in 2023, then grew by 21bps to 18.03% in 2024, then fell by -1bps to 17.89% in 2025, then grew by 9bps to 19.5% in 2026.
  • The last three reported values for Net Margin were 19.5% (Q1 2026), 17.89% (Q4 2025), and 14.95% (Q3 2025) per Business Quant data.