NetApp Inc (NTAP)
Gross profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,613,000 | 4,589,000 | 4,620,000 | 4,594,000 | 4,647,000 | 4,588,000 | 4,522,000 | 4,367,000 | 4,212,000 | 4,177,000 | 4,142,000 | 4,147,000 | 4,152,000 | 4,164,000 | 4,176,000 | 4,221,000 | 4,266,000 | 4,266,000 | 4,268,000 | 4,295,000 |
| Revenue (ttm) | US$ in thousands | 6,572,000 | 6,507,000 | 6,518,000 | 6,466,000 | 6,514,000 | 6,409,000 | 6,304,000 | 6,130,000 | 5,957,000 | 5,976,000 | 5,994,000 | 6,088,000 | 6,182,000 | 6,264,000 | 6,345,000 | 6,411,000 | 6,475,000 | 6,494,000 | 6,510,000 | 6,532,000 |
| Gross profit margin | 70.19% | 70.52% | 70.88% | 71.05% | 71.34% | 71.59% | 71.73% | 71.24% | 70.71% | 69.90% | 69.10% | 68.12% | 67.16% | 66.48% | 65.82% | 65.84% | 65.88% | 65.69% | 65.56% | 65.75% |
April 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,613,000K ÷ $6,572,000K
= 70.19%
NetApp Inc's gross profit margin has shown a generally increasing trend over the specified period, starting at 65.75% in July 2022 and reaching 70.19% by April 2025. There were fluctuations in the margin, with some quarters showing slight decreases, but overall, there was a positive trajectory. The company was able to improve its efficiency in generating profits from sales, which reflects positively on its ability to manage production costs and pricing strategies effectively. This upward trend indicates that NetApp Inc has been successful in maintaining a healthy level of gross profitability over time.
Peer comparison
Apr 30, 2025