NetApp, Inc. (NTAP) Operating Margin: 24.48%
Is NetApp, Inc.’s operating margin high or low?
NetApp, Inc.'s operating margin of 24.48% is 26% above its 5-year average of 19.41%, near the high end of its 5-year range (16.00%–24.48%).
The operating margin for NetApp, Inc. (NTAP) is 24.48% as of Tuesday, June 9, 2026. It is above its 12-month average by 9.24% (22.41%).
NTAP Operating Margin Chart
NTAP Average Operating Margin Chart
NTAP Current vs Average Operating Margin Chart
NTAP Operating Margin Metrics
OPERATING MARGIN
24.48%
OPERATING MARGIN AVG TTM
22.41%
OPERATING MARGIN AVG 3Y
20.05%
OPERATING MARGIN AVG 5Y
19.41%
OPERATING MARGIN AVG 10Y
17.38%
OPERATING MARGIN AVG 15Y
15.76%
OPERATING MARGIN AVG 20Y
14.34%
CURRENT VS TTM AVG
+9.24%
CURRENT VS 3Y AVG
+22.11%
CURRENT VS 5Y AVG
+26.13%
CURRENT VS 10Y AVG
+40.89%
CURRENT VS 15Y AVG
+55.36%
CURRENT VS 20Y AVG
+70.76%
NTAP Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | — | 24.48% | 22.41% | 20.05% | 19.41% |
| ANSYS, Inc. (ANSS) | $32.91B | 28.21% | 27.89% | 27.85% | 29.15% |
| Twilio Inc. (TWLO) | $31.07B | 3.45% | 1.27% | -8.45% | -15.67% |
| Roblox Corporation (RBLX) | $30.79B | -25.20% | -27.36% | -35.30% | -32.64% |
| Fiserv, Inc. (FISV) | $28.81B | 26.89% | 27.81% | 25.75% | 21.59% |
| Workday, Inc. (WDAY) | $36.73B | 10.72% | 7.82% | 3.65% | 1.09% |
| Zoom Communications, Inc. (ZM) | $28.39B | 23.08% | 20.25% | 14.42% | 18.09% |
| MongoDB, Inc. (MDB) | $27.37B | -5.56% | -8.16% | -14.30% | -20.96% |
| Splunk Inc. (SPLK) | $26.44B | 8.46% | 1.01% | -18.97% | -17.00% |
| VeriSign, Inc. (VRSN) | $25.83B | 67.67% | 67.81% | 67.20% | 66.54% |
Operating Efficiency
Gross Margin
70.7%
Operating Margin
24.5%
NetApp, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Operating Margin FAQ
- What is the operating margin for NetApp, Inc. (NTAP)?
- The operating margin for NTAP stock is 24.48%.
- Is NetApp, Inc.'s operating margin high or low?
- NetApp, Inc.'s operating margin of 24.48% is 26% above its 5-year average of 19.41%, near the high end of its 5-year range (16.00%–24.48%).
- What is the TTM average operating margin for NetApp, Inc. (NTAP)?
- The TTM average operating margin for NTAP stock is 22.41%.
- What is the 3Y average operating margin for NetApp, Inc. (NTAP)?
- The 3Y average operating margin for NTAP stock is 20.05%.
- What is the 5Y average operating margin for NetApp, Inc. (NTAP)?
- The 5Y average operating margin for NTAP stock is 19.41%.
- What is the 10Y average operating margin for NetApp, Inc. (NTAP)?
- The 10Y average operating margin for NTAP stock is 17.38%.
- What is the 15Y average operating margin for NetApp, Inc. (NTAP)?
- The 15Y average operating margin for NTAP stock is 15.76%.
- What is the 20Y average operating margin for NetApp, Inc. (NTAP)?
- The 20Y average operating margin for NTAP stock is 14.34%.
NetApp, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-04-24 | 24.48% |
| 2025-04-30 | 20.34% |
| 2024-04-30 | 19.37% |
| 2023-04-30 | 16.00% |
| 2022-04-30 | 18.31% |
| 2021-04-30 | 17.95% |
| 2020-04-30 | 17.46% |
| 2019-04-30 | 19.87% |
| 2018-04-30 | 19.03% |
| 2017-04-30 | 12.05% |
| 2016-04-30 | 6.27% |
| 2015-04-30 | 11.70% |
| 2014-04-30 | 11.61% |
| 2013-04-30 | 9.60% |
| 2012-04-30 | 11.98% |
| 2011-04-30 | 16.09% |
| 2010-04-30 | 12.42% |
| 2009-04-30 | 1.38% |
| 2008-04-30 | 9.49% |
| 2007-04-30 | 10.74% |
| 2006-04-30 | 14.92% |
| 2005-04-30 | 15.84% |
| 2004-04-30 | 13.54% |
| 2003-04-30 | 9.82% |
| 2002-04-30 | -0.13% |
| 2001-04-30 | 10.90% |
| 2000-04-30 | 18.19% |
| 1999-04-30 | 19.05% |
| 1998-04-30 | 19.65% |
| 1997-04-30 | 3.30% |