NetApp Inc
NASDAQ:NTAP

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NetApp Inc
NASDAQ:NTAP
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Price: 122.34 USD -3.43% Market Closed
Market Cap: 25.1B USD
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Gross Margin
NetApp Inc

71.1%
Current
68%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.1%
=
Gross Profit
4.5B
/
Revenue
6.4B

Gross Margin Across Competitors

Country US
Market Cap 25.1B USD
Gross Margin
71%
Country US
Market Cap 3.5T USD
Gross Margin
46%
Country KR
Market Cap 334.3T KRW
Gross Margin
37%
Country US
Market Cap 101.7B USD
Gross Margin
22%
Country CN
Market Cap 583.7B HKD
Gross Margin
22%
Country US
Market Cap 36.7B USD
Gross Margin
22%
Country TW
Market Cap 1.1T TWD
Gross Margin
8%
Country JP
Market Cap 4.8T JPY
Gross Margin
48%
Country US
Market Cap 28.7B USD
Gross Margin
34%
Country JP
Market Cap 3.9T JPY
Gross Margin
40%
Country US
Market Cap 23B USD
Gross Margin
26%
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NetApp Inc
Glance View

Market Cap
25.1B USD
Industry
Technology

NetApp Inc. is a leading data management and cloud storage solutions provider that empowers businesses to harness the power of their data in an increasingly digital world. Founded in 1992, the company has evolved from its roots in data storage hardware to become a key player in the hybrid cloud landscape. By offering a comprehensive suite of software-defined storage options and data services, NetApp enables organizations to manage their data across on-premises systems and public clouds with unprecedented efficiency and security. Their flagship products, such as ONTAP and Data Fabric, allow customers to streamline operations, reduce costs, and enhance data accessibility, making NetApp an attractive choice for companies aiming to modernize their IT infrastructure. In recent years, NetApp has focused on capitalizing on the growing demand for cloud solutions, positioning itself as a critical partner in the digital transformation of various industries. With solid financials, consistent revenue growth, and a robust subscription-based model, the company demonstrates resilience and adaptability in market fluctuations. As organizations increasingly prioritize data-driven strategies, NetApp's innovative offerings and commitment to customer success make it a compelling investment opportunity. By investing in NetApp, shareholders can tap into a company that not only thrives in the current tech landscape but is also well-poised for future growth in a data-centric business environment.

NTAP Intrinsic Value
112.99 USD
Overvaluation 8%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.1%
=
Gross Profit
4.5B
/
Revenue
6.4B
What is the Gross Margin of NetApp Inc?

Based on NetApp Inc's most recent financial statements, the company has Gross Margin of 71.1%.