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NetApp Inc
NASDAQ:NTAP

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NetApp Inc
NASDAQ:NTAP
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Price: 102.42 USD 4.28% Market Closed
Market Cap: $20.3B

Gross Margin

70.3%
Current
Improving
by 1%
vs 3-y average of 69.3%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
70.3%
=
Gross Profit
$4.7B
/
Revenue
$6.6B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
70.3%
=
Gross Profit
$4.7B
/
Revenue
$6.6B

Peer Comparison

Country Company Market Cap Gross
Margin
US
NetApp Inc
NASDAQ:NTAP
20.3B USD
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US
Dell Technologies Inc
NYSE:DELL
79B USD
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US
Apple Inc
NASDAQ:AAPL
3.8T USD
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KR
Samsung Electronics Co Ltd
KRX:005930
1 182.5T KRW
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CN
Xiaomi Corp
HKEX:1810
954.2B HKD
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US
Western Digital Corp
NASDAQ:WDC
96.3B USD
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IE
Seagate Technology Holdings PLC
NASDAQ:STX
92.8B USD
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US
SanDisk Corp
NASDAQ:SNDK
92.7B USD
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SG
Seagate Technology Holdings PLC
XBER:847
51.6B EUR
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US
Helo Corp
OTC:HLOC
44.2B USD
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TW
Quanta Computer Inc
TWSE:2382
1.1T TWD
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Market Distribution

Higher than 80% of companies in the United States of America
Percentile
80th
Based on 12 729 companies
80th percentile
70.3%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

NetApp Inc
Glance View

In the dynamic landscape of technology firms, NetApp Inc. stands as a stalwart, rooted in the heart of Silicon Valley. Founded in 1992, it has carved its niche in the realm of data management and hybrid cloud services. Steadily adapting to the ever-evolving demands of the digital age, NetApp facilitates data storage and management solutions, helping businesses streamline their IT infrastructures both on-premises and in the cloud. At its core, the company prides itself on empowering organizations to unleash the full potential of their data by providing scalable, high-performance storage systems and software that extend across their full spectrum of data environments. Through its unified hybrid cloud approach, NetApp leverages its proprietary ONTAP software to create seamless, agile data fabrics for enterprises, helping them harness critical insights and collaborate more effectively. In crafting its revenue stream, NetApp primarily caters to corporate clients across a variety of industries, offering solutions that range from efficient storage hardware to sophisticated software services. The company earns through direct sales and partnerships with a robust network of resellers and channel partners. Its growth trajectory has evolved in tandem with its strategic acquisitions and innovations, as seen in its expansion into cloud services and solutions—an area that continues to gain momentum as enterprises pivot towards cloud-centric operations. Despite the intense competition, NetApp's blend of innovation, strategic alignment, and customer-centric solutions positions it as a formidable player in the tech industry, keeping it ahead in a world where the value of data continues to escalate.

NTAP Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
70.3%
=
Gross Profit
$4.7B
/
Revenue
$6.6B
What is NetApp Inc's current Gross Margin?

The current Gross Margin for NetApp Inc is 70.3%, which is above its 3-year median of 69.3%.

How has Gross Margin changed over time?

Over the last 3 years, NetApp Inc’s Gross Margin has increased from 65.6% to 70.3%. During this period, it reached a low of 65.4% on Jan 27, 2023 and a high of 71.1% on Jul 26, 2024.

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