TTM
24.1%
YoY change
+4.13pp
Trough year (2002)
-0.1%
Peak year (2026)
24.5%
Latest annual
24.5%
Operating Margin history chart for NetApp (NTAP) from 1996 to 2026
Latest: 24.5%
Operating Margin change chart for NetApp (NTAP) from 1996 to 2026
Latest: +4.13pp
Operating Margin history table for NetApp (NTAP) from 1996 to 2026
| 2026 | 24.5% | +4.13pp | ||
| 2025 | 20.3% | +0.98pp | ||
| 2024 | 19.4% | +3.37pp | ||
| 2023 | 16.0% | -2.31pp | ||
| 2022 | 18.3% | +0.36pp | ||
| 2021 | 17.9% | +0.49pp | ||
| 2020 | 17.5% | -2.41pp | ||
| 2019 | 19.9% | +0.83pp | ||
| 2018 | 19.0% | +6.98pp | ||
| 2017 | 12.0% | +5.77pp | ||
| 2016 | 6.3% | -5.43pp | ||
| 2015 | 11.7% | +0.09pp | ||
| 2014 | 11.6% | +2.01pp | ||
| 2013 | 9.6% | -2.38pp | ||
| 2012 | 12.0% | -4.12pp | ||
| 2011 | 16.1% | +3.67pp | ||
| 2010 | 12.4% | +11.04pp | ||
| 2009 | 1.4% | -8.11pp | ||
| 2008 | 9.5% | -1.25pp | ||
| 2007 | 10.7% | -4.18pp | ||
| 2006 | 14.9% | -0.92pp | ||
| 2005 | 15.8% | +2.30pp | ||
| 2004 | 13.5% | +3.72pp | ||
| 2003 | 9.8% | +9.95pp | ||
| 2002 | -0.1% | -11.03pp | ||
| 2001 | 10.9% | -7.29pp | ||
| 2000 | 18.2% | -0.86pp | ||
| 1999 | 19.0% | -0.61pp | ||
| 1998 | 19.7% | +16.35pp | ||
| 1997 | 3.3% | -9.56pp | ||
| 1996 | 12.9% | — |
- 202624.5%+4.13pp
- 202520.3%+0.98pp
- 202419.4%+3.37pp
- 202316.0%-2.31pp
- 202218.3%+0.36pp
- 202117.9%+0.49pp
- 202017.5%-2.41pp
- 201919.9%+0.83pp
- 201819.0%+6.98pp
- 201712.0%+5.77pp
- 20166.3%-5.43pp
- 201511.7%+0.09pp
- 201411.6%+2.01pp
- 20139.6%-2.38pp
- 201212.0%-4.12pp
- 201116.1%+3.67pp
- 201012.4%+11.04pp
- 20091.4%-8.11pp
- 20089.5%-1.25pp
- 200710.7%-4.18pp
- 200614.9%-0.92pp
- 200515.8%+2.30pp
- 200413.5%+3.72pp
- 20039.8%+9.95pp
- 2002-0.1%-11.03pp
- 200110.9%-7.29pp
- 200018.2%-0.86pp
- 199919.0%-0.61pp
- 199819.7%+16.35pp
- 19973.3%-9.56pp
- 199612.9%—
Operating 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 Operating Margin at NetApp (NTAP)
According to NetApp's latest reported financial statements, the company's latest reported operating margin is 24.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
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 operating margin of 24.48% – expanded 4.1 percentage points year-over-year.
Across the available history, operating margin reached its high of 24.48% in 2026 and its low of -0.13% in 2002.
NetApp Operating Margin by Year
NetApp Operating Margin 2026: 24.5%
NetApp operating margin in 2026 was 24.48%, expanded 4.1 percentage points from 2025. This figure represents the highest annual value in the available history.
NetApp Operating Margin 2025: 20.3%
2025's operating margin for NetApp came in at 20.34%, expanded 1.0 percentage points from 2024.
NetApp Operating Margin 2024: 19.4%
NetApp posted operating margin of 19.37% in 2024, expanded 3.4 percentage points from 2023.
NetApp Operating Margin 2023: 16.0%
In 2023, NetApp reported operating margin of 16.00%, contracted 2.3 percentage points from 2022.
NetApp Operating Margin 2022: 18.3%
NetApp operating margin in 2022 was 18.31%.
See more financial history for NetApp (NTAP).
Sector peers by Operating Margin
Technology peers of NetApp (NTAP), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
Frequently asked questions
NetApp (NTAP) Key Financials
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