Revenue Breakdown
Composition ()

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Revenue Streams
NetApp Inc (NTAP) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product revenues, accounting for 45.9% of total sales, equivalent to $786.00M. Other significant revenue streams include Support revenue and Public cloud revenues. Understanding this composition is critical for investors evaluating how NTAP navigates market cycles within the Computer Hardware industry.
Profitability & Margins
Evaluating the bottom line, NetApp Inc maintains a gross margin of 70.07%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 26.69%, while the net margin is 20.74%. These profitability ratios, combined with a Return on Equity (ROE) of 106.73%, provide a clear picture of how effectively NTAP converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, NTAP competes directly with industry leaders such as P and LOGI. With a market capitalization of $34.39B, it holds a leading position in the sector. When comparing efficiency, NTAP's gross margin of 70.07% stands against P's 68.70% and LOGI's 44.44%. Such benchmarking helps identify whether NetApp Inc is trading at a premium or discount relative to its financial performance.