NetApp NTAP Service — Cost of Goods Sold

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Questions, answered.

What is NetApp's service — cost of goods sold?

NetApp (NTAP) reported service — cost of goods sold of $158M in Q1 2026.

How has NetApp's service — cost of goods sold changed year-over-year?

NetApp's service — cost of goods sold decreased by 1.9% year-over-year, from $161M to $158M.

What is the long-term trend for NetApp's service — cost of goods sold?

Over 4 years (2022 to 2026), NetApp's service — cost of goods sold has grown at a 3.5% compound annual growth rate (CAGR), from $544M to $625M.

What does service — cost of goods sold mean?

This metric captures the direct costs associated with delivering service-based offerings, including personnel costs for support staff, infrastructure maintenance, and third-party service delivery expenses. It serves as a primary measure of the operational efficiency and cost structure required to maintain the company's service portfolio. Monitoring this helps assess the scalability of the service business and the impact of service delivery costs on overall gross margins.