TTM
70.7%
YoY change
+0.55pp
Trough year (1996)
55.9%
Peak year (2026)
70.7%
Latest annual
70.7%
Gross Margin history chart for NetApp (NTAP) from 1996 to 2026
Latest: 70.7%
Gross Margin change chart for NetApp (NTAP) from 1996 to 2026
Latest: +0.55pp
Gross Margin history table for NetApp (NTAP) from 1996 to 2026
| 2026 | 70.7% | +0.55pp | ||
| 2025 | 70.2% | -0.53pp | ||
| 2024 | 70.7% | +4.57pp | ||
| 2023 | 66.2% | -0.63pp | ||
| 2022 | 66.8% | +0.38pp | ||
| 2021 | 66.4% | -0.53pp | ||
| 2020 | 66.9% | +2.76pp | ||
| 2019 | 64.2% | +1.61pp | ||
| 2018 | 62.6% | +1.15pp | ||
| 2017 | 61.4% | +0.61pp | ||
| 2016 | 60.8% | -1.79pp | ||
| 2015 | 62.6% | +0.65pp | ||
| 2014 | 62.0% | +2.57pp | ||
| 2013 | 59.4% | -0.18pp | ||
| 2012 | 59.6% | -5.41pp | ||
| 2011 | 65.0% | +0.90pp | ||
| 2010 | 64.1% | +5.66pp | ||
| 2009 | 58.4% | -2.54pp | ||
| 2008 | 61.0% | +0.17pp | ||
| 2007 | 60.8% | -0.02pp | ||
| 2006 | 60.8% | -0.21pp | ||
| 2005 | 61.0% | +0.81pp | ||
| 2004 | 60.2% | -1.05pp | ||
| 2003 | 61.3% | +1.07pp | ||
| 2002 | 60.2% | +0.11pp | ||
| 2001 | 60.1% | +0.79pp | ||
| 2000 | 59.3% | +0.10pp | ||
| 1999 | 59.2% | -0.16pp | ||
| 1998 | 59.3% | +0.13pp | ||
| 1997 | 59.2% | +3.30pp | ||
| 1996 | 55.9% | — |
- 202670.7%+0.55pp
- 202570.2%-0.53pp
- 202470.7%+4.57pp
- 202366.2%-0.63pp
- 202266.8%+0.38pp
- 202166.4%-0.53pp
- 202066.9%+2.76pp
- 201964.2%+1.61pp
- 201862.6%+1.15pp
- 201761.4%+0.61pp
- 201660.8%-1.79pp
- 201562.6%+0.65pp
- 201462.0%+2.57pp
- 201359.4%-0.18pp
- 201259.6%-5.41pp
- 201165.0%+0.90pp
- 201064.1%+5.66pp
- 200958.4%-2.54pp
- 200861.0%+0.17pp
- 200760.8%-0.02pp
- 200660.8%-0.21pp
- 200561.0%+0.81pp
- 200460.2%-1.05pp
- 200361.3%+1.07pp
- 200260.2%+0.11pp
- 200160.1%+0.79pp
- 200059.3%+0.10pp
- 199959.2%-0.16pp
- 199859.3%+0.13pp
- 199759.2%+3.30pp
- 199655.9%—
Gross Margin values are taken from NetApp's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at NetApp (NTAP)
According to NetApp's latest reported financial statements, the company's latest reported gross margin is 70.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2026 fiscal year, NetApp (NTAP) reported gross margin of 70.74% – expanded 0.6 percentage points year-over-year.
The highest annual gross margin of 70.74% was reported in 2026. The lowest in the available history was 55.92% in 1996.
NetApp Gross Margin by Year
NetApp Gross Margin 2026: 70.7%
In 2026, NetApp reported gross margin of 70.74%, expanded 0.6 percentage points from 2025. This figure represents the highest annual value in the available history.
NetApp Gross Margin 2025: 70.2%
NetApp gross margin in 2025 was 70.19%, contracted 0.5 percentage points from 2024.
NetApp Gross Margin 2024: 70.7%
2024's gross margin for NetApp came in at 70.72%, expanded 4.6 percentage points from 2023.
NetApp Gross Margin 2023: 66.2%
NetApp posted gross margin of 66.16% in 2023, contracted 0.6 percentage points from 2022.
NetApp Gross Margin 2022: 66.8%
NetApp gross margin in 2022 was 66.79%.
See more financial history for NetApp (NTAP).
Sector peers by Gross Margin
Technology peers of NetApp (NTAP), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
Frequently asked questions
NetApp (NTAP) Key Financials
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