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