NetApp, Inc. (NTAP) stock
NTAPNasdaqComputer Storage DevicesFiscal year ends April 24
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 18/3020% above fair value
$181.37−4.71 (-2.53%)
Close on Nov 13, 2026Market cap $35.62BP/E 25.5Yield 1.15%
NetApp profit margin
Profit margin (net margin) is net income as a percentage of revenue.
NetApp's profit margin for the twelve months ending Jul 31, 2026 was 21.8%. For fiscal 2026 it was 20.5%, against 20.1% the year before. The highest annual figure on record is 20.5% in fiscal 2026.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Apr 24, 2026 | 20.5% | +0.4 |
| FY2025 | Apr 25, 2025 | 20.1% | +2.6 |
| FY2024 | Apr 26, 2024 | 17.4% | −2.6 |
| FY2023 | Apr 28, 2023 | 20.0% | +5.2 |
| FY2022 | Apr 29, 2022 | 14.8% | +2.1 |
| FY2021 | Apr 30, 2021 | 12.7% | −2.4 |
| FY2020 | Apr 24, 2020 | 15.1% | −3.9 |
| FY2019 | Apr 26, 2019 | 19.0% | +17.1 |
| FY2018 | Apr 27, 2018 | 2.0% | −6.8 |
| FY2017 | Apr 28, 2017 | 8.8% | +4.6 |
| FY2016 | Apr 29, 2016 | 4.1% | −5.0 |
| FY2015 | Apr 24, 2015 | 9.1% | −0.9 |
| FY2014 | Apr 25, 2014 | 10.1% | +2.1 |
| FY2013 | Apr 26, 2013 | 8.0% | −1.7 |
| FY2012 | Apr 27, 2012 | 9.7% | −3.4 |
| FY2011 | Apr 29, 2011 | 13.1% | +3.0 |
| FY2010 | Apr 30, 2010 | 10.2% | +8.3 |
| FY2009 | Apr 24, 2009 | 1.9% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ2 2026 | Jul 31, 2026 | 20.6% | +3.9 |
| Q4 FY2026CQ1 2026 | Apr 24, 2026 | 32.1% | +0.2 |
| Q3 FY2026CQ4 2025 | Jan 23, 2026 | 19.5% | +1.3 |
| Q2 FY2026CQ3 2025 | Oct 24, 2025 | 17.9% | −0.1 |
| Q1 FY2026CQ2 2025 | Jul 25, 2025 | 16.7% | +0.6 |
| Q4 FY2025CQ1 2025 | Apr 25, 2025 | 31.9% | +4.3 |
| Q3 FY2025CQ4 2024 | Jan 24, 2025 | 18.2% | −1.3 |
| Q2 FY2025CQ3 2024 | Oct 25, 2024 | 18.0% | +3.1 |
| Q1 FY2025CQ2 2024 | Jul 26, 2024 | 16.1% | +5.7 |
| Q4 FY2024CQ1 2024 | Apr 26, 2024 | 27.5% | +12.0 |
| Q3 FY2024CQ4 2023 | Jan 26, 2024 | 19.5% | +15.2 |
| Q2 FY2024CQ3 2023 | Oct 27, 2023 | 14.9% | −30.2 |
| Q1 FY2024CQ2 2023 | Jul 28, 2023 | 10.4% | −3.0 |
| Q4 FY2023CQ1 2023 | Apr 28, 2023 | 15.5% | +0.1 |
| Q3 FY2023CQ4 2022 | Jan 27, 2023 | 4.3% | −11.4 |
| Q2 FY2023CQ3 2022 | Oct 28, 2022 | 45.1% | +30.8 |
| Q1 FY2023CQ2 2022 | Jul 29, 2022 | 13.4% | −0.4 |
| Q4 FY2022CQ1 2022 | Apr 29, 2022 | 15.4% | −6.1 |
| Q3 FY2022CQ4 2021 | Jan 28, 2022 | 15.6% | +3.2 |
| Q2 FY2022CQ3 2021 | Oct 29, 2021 | 14.3% | +4.6 |
| Q1 FY2022CQ2 2021 | Jul 30, 2021 | 13.9% | +7.9 |
| Q4 FY2021CQ1 2021 | Apr 30, 2021 | 21.5% | +7.5 |
| Q3 FY2021CQ4 2020 | Jan 29, 2021 | 12.4% | −7.3 |
| Q2 FY2021CQ3 2020 | Oct 30, 2020 | 9.7% | −8.0 |
| Q1 FY2021CQ2 2020 | Jul 31, 2020 | 5.9% | −2.4 |
| Q4 FY2020CQ1 2020 | Apr 24, 2020 | 14.0% | −10.9 |
| Q3 FY2020CQ4 2019 | Jan 24, 2020 | 19.7% | +3.8 |
| Q2 FY2020CQ3 2019 | Oct 25, 2019 | 17.7% | +1.8 |
| Q1 FY2020CQ2 2019 | Jul 26, 2019 | 8.3% | −10.9 |
| Q4 FY2019CQ1 2019 | Apr 26, 2019 | 24.9% | +7.2 |
| Q3 FY2019CQ4 2018 | Jan 25, 2019 | 15.9% | +47.1 |
| Q2 FY2019CQ3 2018 | Oct 26, 2018 | 15.9% | +3.6 |
| Q1 FY2019CQ2 2018 | Jul 27, 2018 | 19.2% | +9.3 |
| Q4 FY2018CQ1 2018 | Apr 27, 2018 | 17.6% | +6.5 |
| Q3 FY2018CQ4 2017 | Jan 26, 2018 | -31.1% | −41.5 |
| Q2 FY2018CQ3 2017 | Oct 27, 2017 | 12.3% | +4.2 |
| Q1 FY2018CQ2 2017 | Jul 28, 2017 | 9.9% | – |
| Q4 FY2017CQ1 2017 | Apr 28, 2017 | 11.1% | – |
| Q3 FY2017CQ4 2016 | Jan 27, 2017 | 10.4% | – |
| Q2 FY2017CQ3 2016 | Oct 28, 2016 | 8.1% | – |
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