| Stage | AMZN | % of rev | NTAP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $202B | 100.00% | $1.7B | 100.00% | AMZN ×117.89 |
| Gross profit | $77.4B | 38.31% | $1.2B | 70.58% | NTAP +32.3pp |
| Operating income | $28.1B | 13.90% | $434M | 25.34% | NTAP +11.4pp |
| Pre-tax income | $26.9B | 13.31% | $433M | 25.28% | NTAP +12.0pp |
| Net income | $20.7B | 10.24% | $334M | 19.50% | NTAP +9.3pp |
| Stage | AMZN | NTAP | Gap · A − B |
|---|---|---|---|
| Revenue | $202B100.00% | $1.7B100.00% | AMZN ×117.89 |
| Gross profit | 38.31%$77.4B | 70.58%$1.2B | NTAP +32.3pp |
| Operating income | 13.90%$28.1B | 25.34%$434M | NTAP +11.4pp |
| Pre-tax income | 13.31%$26.9B | 25.28%$433M | NTAP +12.0pp |
| Net income |
| 10.24%$20.7B |
| 19.50%$334M |
| NTAP +9.3pp |
AMZN · TDC 10-KFeb 27 '26
“As part of our strategy, our relationships with public cloud service providers, Amazon Web Services ("AWS"), Google Cloud, and Microsoft Azure , could impact our business.”
NTAP · TDC 10-KFeb 27 '26
“In addition, we buy servers from Dell Technologies Inc., storage disk systems from NetApp, Inc., and graphics processing units ("GPU") from NVIDIA.”