NetApp (NTAP) Change in Taxes (2017 - 2026)

NetApp (NTAP) posted quarterly Change in Taxes of -$10.0 million for Q2 2026, up 91.87% year-over-year from -$5.2 million in Q2 2025, and down 1100.0% on a QoQ basis from $1.0 million in Q4 2025.

NetApp (NTAP) Change in Taxes (2017 - 2026) Analysis & Trends

NetApp (NTAP) has reported Change in Taxes for 10 consecutive years, with -$10.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Change in Taxes rose 91.87% year-over-year to -$10.0 million; the TTM figure through Apr 2026 stood at -$7.0 million (up 96.62% YoY), while the FY2026 annual figure was -$7.0 million, up 96.62% from the prior year.
  • Change in Taxes came in at -$10.0 million for Q2 2026 at NetApp, down from $1.0 million in the prior quarter.
  • The five-year high for Change in Taxes was $21.0 million in Q2 2022, with the low at -$123.0 million in Q2 2025.
  • Average Change in Taxes over 5 years is -$22.1 million, with a median of $1.0 million recorded in 2022.
  • Across the five-year window, Change in Taxes soared 450.0% in 2022 and tumbled 12400.0% in 2025, its largest moves.
  • Year by year, Change in Taxes stood at -$85.0 million in 2022, then sank by 30.59% to -$111.0 million in 2023, then advanced by 14.41% to -$95.0 million in 2024, then surged by 101.05% to $1.0 million in 2025, then slumped by 1100.0% to -$10.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$10.0 million, $1.0 million, and $2.0 million for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 2.30 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.40 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 17.56 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 NetApp 31.12 Bn 27.54 Bn 1.37 Bn -10.00 Mn

Historic Data

Download Data
DateValue
Apr 24, 2026 -10.00 Mn
Apr 24, 2026 -10.00 Mn
Oct 24, 2025 1.00 Mn
Oct 24, 2025 1.00 Mn
Jul 25, 2025 2.00 Mn
Jul 25, 2025 2.00 Mn
Apr 25, 2025 -123.00 Mn
Apr 25, 2025 -123.00 Mn
Jan 24, 2025 7.00 Mn
Jan 24, 2025 7.00 Mn
Oct 25, 2024 -95.00 Mn
Oct 25, 2024 -95.00 Mn
Jul 26, 2024 4.00 Mn
Jul 26, 2024 4.00 Mn
Apr 26, 2024 1.00 Mn
Apr 26, 2024 1.00 Mn
Jan 26, 2024 3.00 Mn
Jan 26, 2024 3.00 Mn
Oct 27, 2023 -111.00 Mn
Oct 27, 2023 -111.00 Mn