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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

NetApp (NTAP) Net Margin (2016 - 2026)

NetApp's Net Margin history spans 18 years, with the latest figure at 19.5% for Q1 2026.

  • Quarterly Net Margin rose 128.0% to 19.5% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 4.99% through Jan 2026, down 32.0% year-over-year, with the annual reading at 4.7% for FY2025, 159.0% up from the prior year.
  • Net Margin came in at 19.5% for Q1 2026, up from 17.89% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 45.1% in Q4 2022 to a low of 31.0% in Q2 2025.
  • The 5-year median for Net Margin is 15.5% (2023), against an average of 9.72%.
  • Year-over-year, Net Margin surged 3276bps in 2023 and then crashed -4547bps in 2024.
  • NetApp's Net Margin stood at 45.1% in 2022, then crashed by -67bps to 14.92% in 2023, then increased by 21bps to 18.03% in 2024, then dropped by -1bps to 17.89% in 2025, then increased by 9bps to 19.5% in 2026.
  • Per Business Quant, the three most recent readings for NTAP's Net Margin are 19.5% (Q1 2026), 17.89% (Q4 2025), and 14.95% (Q3 2025).