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NetApp, Inc. (NTAP) Profit Margins

Over the twelve months to 2026-07-31, NetApp, Inc. (NTAP) had gross margin 70.6%, operating margin 25.0%, net margin 19.2%, free cash flow margin 22.3%, according to EquiReason's reading of its SEC filings.

Source: SEC EDGAR filings · figures as of 2026-07-31 · read by EquiReason

NTAPNetApp, Inc.Follow NTAP — free
Software - Infrastructure · Technology
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Market cap
42.3B
P/E TTM
30.4
Dividend yield
1.0%
52-week
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Next earnings
1 Dec, in 38 days
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Trend
Gross margin59.4%62.0%62.6%60.8%61.0%62.7%64.2%66.9%66.4%66.8%66.2%70.7%70.2%70.7%70.6%
Operating margin9.6%11.6%11.7%6.3%11.3%19.6%19.9%17.5%17.9%18.3%16.0%19.4%20.3%24.2%25.0%
Net margin8.0%10.1%9.1%4.1%8.7%2.0%19.0%15.1%12.7%14.8%20.0%15.7%18.0%18.4%19.2%
FCF margin17.1%17.8%17.9%14.7%14.7%22.6%19.0%17.3%20.4%15.6%13.6%24.4%20.4%27.0%22.3%

USD billions · SEC XBRL

NetApp, Inc. — questions

What is NetApp, Inc.'s gross margin?
70.6% over the twelve months to 2026-07-31.
What is NetApp, Inc.'s operating margin?
25.0% over the twelve months to 2026-07-31.
What is NetApp, Inc.'s net profit margin?
19.2% over the twelve months to 2026-07-31.

Every figure on this page comes from NetApp, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.