TTM
18.4%
YoY change
+0.38pp
Trough year (1997)
0.3%
Peak year (2023)
20.0%
Latest annual
18.4%
Net Profit Margin history chart for NetApp (NTAP) from 1996 to 2026
Latest: 18.4%
Net Profit Margin change chart for NetApp (NTAP) from 1996 to 2026
Latest: +0.38pp
Net Profit Margin history table for NetApp (NTAP) from 1996 to 2026
| 2026 | 18.4% | +0.38pp | ||
| 2025 | 18.0% | +2.32pp | ||
| 2024 | 15.7% | -4.29pp | ||
| 2023 | 20.0% | +5.19pp | ||
| 2022 | 14.8% | +2.12pp | ||
| 2021 | 12.7% | -2.42pp | ||
| 2020 | 15.1% | -3.89pp | ||
| 2019 | 19.0% | +17.73pp | ||
| 2018 | 1.3% | -7.94pp | ||
| 2017 | 9.2% | +5.09pp | ||
| 2016 | 4.1% | -5.02pp | ||
| 2015 | 9.1% | -0.93pp | ||
| 2014 | 10.1% | +2.10pp | ||
| 2013 | 8.0% | -1.73pp | ||
| 2012 | 9.7% | -3.43pp | ||
| 2011 | 13.1% | +2.96pp | ||
| 2010 | 10.2% | +7.64pp | ||
| 2009 | 2.5% | -6.84pp | ||
| 2008 | 9.4% | -1.24pp | ||
| 2007 | 10.6% | -2.28pp | ||
| 2006 | 12.9% | -1.23pp | ||
| 2005 | 14.1% | +1.13pp | ||
| 2004 | 13.0% | +4.42pp | ||
| 2003 | 8.6% | +8.19pp | ||
| 2002 | 0.4% | -7.06pp | ||
| 2001 | 7.4% | -5.30pp | ||
| 2000 | 12.7% | +0.43pp | ||
| 1999 | 12.3% | -0.31pp | ||
| 1998 | 12.6% | +12.35pp | ||
| 1997 | 0.3% | -13.89pp | ||
| 1996 | 14.2% | — |
- 202618.4%+0.38pp
- 202518.0%+2.32pp
- 202415.7%-4.29pp
- 202320.0%+5.19pp
- 202214.8%+2.12pp
- 202112.7%-2.42pp
- 202015.1%-3.89pp
- 201919.0%+17.73pp
- 20181.3%-7.94pp
- 20179.2%+5.09pp
- 20164.1%-5.02pp
- 20159.1%-0.93pp
- 201410.1%+2.10pp
- 20138.0%-1.73pp
- 20129.7%-3.43pp
- 201113.1%+2.96pp
- 201010.2%+7.64pp
- 20092.5%-6.84pp
- 20089.4%-1.24pp
- 200710.6%-2.28pp
- 200612.9%-1.23pp
- 200514.1%+1.13pp
- 200413.0%+4.42pp
- 20038.6%+8.19pp
- 20020.4%-7.06pp
- 20017.4%-5.30pp
- 200012.7%+0.43pp
- 199912.3%-0.31pp
- 199812.6%+12.35pp
- 19970.3%-13.89pp
- 199614.2%—
Net Profit 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 Net Profit Margin at NetApp (NTAP)
According to NetApp's latest reported financial statements, the company's latest reported net margin is 18.4%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
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 net margin of 18.43% – expanded 0.4 percentage points year-over-year.
The highest annual net margin of 20.03% was reported in 2023. The lowest in the available history was 0.27% in 1997.
NetApp Net Profit Margin by Year
NetApp Net Profit Margin 2026: 18.4%
NetApp net margin in 2026 was 18.43%, expanded 0.4 percentage points from 2025.
NetApp Net Profit Margin 2025: 18.0%
2025's net margin for NetApp came in at 18.05%, expanded 2.3 percentage points from 2024.
NetApp Net Profit Margin 2024: 15.7%
NetApp posted net margin of 15.73% in 2024, contracted 4.3 percentage points from 2023.
NetApp Net Profit Margin 2023: 20.0%
In 2023, NetApp reported net margin of 20.03%, expanded 5.2 percentage points from 2022. This figure represents the highest annual value in the available history.
NetApp Net Profit Margin 2022: 14.8%
NetApp net margin in 2022 was 14.83%.
See more financial history for NetApp (NTAP).
Sector peers by Net Profit Margin
Technology peers of NetApp (NTAP), ranked by their latest net margin
| 63.0% | |
| 47.0% | |
| 41.5% | |
| 39.3% | |
| 38.8% | |
| 29.7% | |
| 27.2% | |
| 13.4% |
- 63.0%
- 47.0%
- 39.3%
- 38.8%
- 29.7%
- 27.2%
- 13.4%
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