NetApp Inc
NASDAQ:NTAP

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NetApp Inc
NASDAQ:NTAP
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Price: 116.94 USD 0.88% Market Closed
Market Cap: 23.8B USD
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Gross Margin
NetApp Inc

71.1%
Current
68%
Average
46.8%
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
4.6B
/
Revenue
6.5B

Gross Margin Across Competitors

Country US
Market Cap 23.7B USD
Gross Margin
71%
Country US
Market Cap 3.7T USD
Gross Margin
46%
Country KR
Market Cap 369.5T KRW
Gross Margin
37%
Country CN
Market Cap 904.3B HKD
Gross Margin
21%
Country US
Market Cap 84.2B USD
Gross Margin
22%
Country TW
Market Cap 1.1T TWD
Gross Margin
8%
Country JP
Market Cap 4.9T JPY
Gross Margin
48%
Country US
Market Cap 31.1B USD
Gross Margin
22%
Country US
Market Cap 28.3B USD
Gross Margin
33%
Country JP
Market Cap 4T JPY
Gross Margin
40%
Country US
Market Cap 22.2B USD
Gross Margin
26%
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NetApp Inc
Glance View

Market Cap
23.7B USD
Industry
Technology
Economic Moat
Narrow

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
115.14 USD
Overvaluation 2%
Intrinsic Value
Price
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
4.6B
/
Revenue
6.5B
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%.