NetApp Gross Margin 2010-2025 | NTAP
- NetApp average gross margin for 2024 was 70.76%, a 5.96% decline from 2023.
- 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.
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.