NetApp Inc (NTAP)
Gross profit margin
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,613,000 | 4,433,000 | 4,433,000 | 4,209,000 | 4,209,000 |
| Revenue | US$ in thousands | 6,572,000 | 6,268,000 | 6,204,000 | 6,362,000 | 6,295,000 |
| Gross profit margin | 70.19% | 70.72% | 71.45% | 66.16% | 66.86% |
April 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,613,000K ÷ $6,572,000K
= 70.19%
NetApp Inc's gross profit margin has shown a positive trend over the years, starting at 66.86% on April 28, 2023, decreasing slightly to 66.16% on April 30, 2023. However, the margin then increased significantly to 71.45% on April 26, 2024, indicating improved profitability. In the following year, the gross profit margin remained strong at 70.72% as of April 30, 2024. Looking at the most recent data available, the margin stood at 70.19% on April 30, 2025, reflecting a solid performance in maintaining profitability. Overall, NetApp Inc has demonstrated the ability to effectively manage its cost of goods sold and generate healthy gross profits over the analyzed period.
Peer comparison
Apr 30, 2025