NetApp, Inc. (NTAP) Gross Margin: 70.74%
Is NetApp, Inc.’s gross margin high or low?
NetApp, Inc.'s gross margin of 70.74% is in line with its 5-year average of 68.50%, near the high end of its 5-year range (66.16%–70.74%).
The gross margin for NetApp, Inc. (NTAP) is 70.74% as of Wednesday, June 10, 2026. It is above its 12-month average by 0.39% (70.47%).
NTAP Gross Margin Chart
NTAP Average Gross Margin Chart
NTAP Current vs Average Gross Margin Chart
NTAP Gross Margin Metrics
GROSS MARGIN
70.74%
GROSS MARGIN AVG TTM
70.47%
GROSS MARGIN AVG 3Y
69.45%
GROSS MARGIN AVG 5Y
68.50%
GROSS MARGIN AVG 10Y
66.09%
GROSS MARGIN AVG 15Y
64.72%
GROSS MARGIN AVG 20Y
63.83%
CURRENT VS TTM AVG
+0.39%
CURRENT VS 3Y AVG
+1.85%
CURRENT VS 5Y AVG
+3.27%
CURRENT VS 10Y AVG
+7.04%
CURRENT VS 15Y AVG
+9.31%
CURRENT VS 20Y AVG
+10.82%
NTAP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | — | 70.74% | 70.47% | 69.45% | 68.50% |
| Twilio Inc. (TWLO) | $31.43B | 48.69% | 50.01% | 49.16% | 49.59% |
| ANSYS, Inc. (ANSS) | $32.91B | 88.78% | 88.53% | 87.85% | 87.84% |
| Roblox Corporation (RBLX) | $29.71B | 78.45% | 77.91% | 77.01% | 76.03% |
| Fiserv, Inc. (FISV) | $28.41B | 58.07% | 60.09% | 58.74% | 55.38% |
| MongoDB, Inc. (MDB) | $28.01B | 71.97% | 72.53% | 73.16% | 72.16% |
| Workday, Inc. (WDAY) | $36.01B | 75.77% | 75.60% | 74.82% | 73.96% |
| Zoom Communications, Inc. (ZM) | $27.55B | 77.40% | 76.41% | 75.99% | 74.54% |
| Splunk Inc. (SPLK) | $26.44B | 79.74% | 78.57% | 76.28% | 77.97% |
| VeriSign, Inc. (VRSN) | $26.22B | 88.35% | 87.93% | 87.14% | 86.64% |
Gross Margin Analysis
Gross Margin
70.7%
(Revenue - COGS) / Revenue
NetApp, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Gross Margin FAQ
- What is the gross margin for NetApp, Inc. (NTAP)?
- The gross margin for NTAP stock is 70.74%.
- Is NetApp, Inc.'s gross margin high or low?
- NetApp, Inc.'s gross margin of 70.74% is in line with its 5-year average of 68.50%, near the high end of its 5-year range (66.16%–70.74%).
- What is the TTM average gross margin for NetApp, Inc. (NTAP)?
- The TTM average gross margin for NTAP stock is 70.47%.
- What is the 3Y average gross margin for NetApp, Inc. (NTAP)?
- The 3Y average gross margin for NTAP stock is 69.45%.
- What is the 5Y average gross margin for NetApp, Inc. (NTAP)?
- The 5Y average gross margin for NTAP stock is 68.50%.
- What is the 10Y average gross margin for NetApp, Inc. (NTAP)?
- The 10Y average gross margin for NTAP stock is 66.09%.
- What is the 15Y average gross margin for NetApp, Inc. (NTAP)?
- The 15Y average gross margin for NTAP stock is 64.72%.
- What is the 20Y average gross margin for NetApp, Inc. (NTAP)?
- The 20Y average gross margin for NTAP stock is 63.83%.
NetApp, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-04-24 | 70.74% |
| 2025-04-30 | 70.19% |
| 2024-04-30 | 70.72% |
| 2023-04-30 | 66.16% |
| 2022-04-30 | 66.79% |
| 2021-04-30 | 66.42% |
| 2020-04-30 | 66.94% |
| 2019-04-30 | 64.19% |
| 2018-04-30 | 62.58% |
| 2017-04-30 | 61.42% |
| 2016-04-30 | 60.82% |
| 2015-04-30 | 62.61% |
| 2014-04-30 | 61.96% |
| 2013-04-30 | 59.39% |
| 2012-04-30 | 59.57% |
| 2011-04-30 | 64.98% |
| 2010-04-30 | 64.08% |
| 2009-04-30 | 58.42% |
| 2008-04-30 | 60.95% |
| 2007-04-30 | 60.78% |
| 2006-04-30 | 60.80% |
| 2005-04-30 | 61.01% |
| 2004-04-30 | 60.20% |
| 2003-04-30 | 61.25% |
| 2002-04-30 | 60.19% |
| 2001-04-30 | 60.08% |
| 2000-04-30 | 59.29% |
| 1999-04-30 | 59.19% |
| 1998-04-30 | 59.35% |
| 1997-04-30 | 59.22% |
Related Metrics
About NetApp, Inc.
NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- George Kurian