NTAPNEUTRAL

NTAP Gross Margin Analysis

70.1%

Updated 297h ago·SEC filings & market data

Key Takeaway

Gross margin is the share of each dollar in revenue a company keeps after paying the direct costs of producing its products, and NTAP’s 70.1% is well above the sector median of 44.2%, placing it in the 86th percentile among its peers.

Sector Performance

83th percentile

NTAP

70.1%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

70.6%(Apr 2026)

→ Stable

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Deep Analysis

That means NTAP currently retains a high portion of sales after covering production costs, which often signals pricing power or cost advantages. However, the trend is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the historical values list only the most recent figure of 70.1%, so there is no basis to judge whether this margin is rising or falling. The combination of a strong current level with no trend data means the opportunity is clear — a high margin can support profitability — but the risk is that you cannot see if this level is deteriorating or improving. This metric supports the overall NEUTRAL verdict: the high margin is positive, but the absence of trend information prevents a more confident bullish or bearish view.

Frequently Asked Questions

What does the Gross Margin tell investors about NTAP?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are NTAP's closest peers by Gross Margin?

The closest peers by Gross Margin include: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.