• NetApp average gross margin for 2023 was 66.78%, a 0.51% increase from 2022.
• NetApp average gross margin for 2022 was 66.44%, a 0.49% increase from 2021.
• NetApp average gross margin for 2021 was 66.77%, a 0.01% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.