NetApp Inc
NASDAQ:NTAP
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.
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.
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 |
S
|
SanDisk Corp
NASDAQ:SNDK
|
92.7B USD |
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|
|
| SG |
S
|
Seagate Technology Holdings PLC
XBER:847
|
51.6B EUR |
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|
|
| US |
H
|
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
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for NetApp Inc is 70.3%, which is above its 3-year median of 69.3%.
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.