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% quarter-over-quarter from $1.0 million in Q4 2025.
NetApp (NTAP) Change in Taxes (2017 - 2026) Analysis & Trends
NetApp's Change in Taxes history runs 10 years deep, the most recent figure standing at -$10.0 million for 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 for Q2 2026 stood at -$10.0 million, 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.
- The 5-year median for Change in Taxes is $1.0 million (2022), against an average of -$22.1 million.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes surged 450.0% in 2022, then sank 12400.0% in 2025.
- NetApp's Change in Taxes stood at -$85.0 million in 2022, then tumbled by 30.59% to -$111.0 million in 2023, then grew by 14.41% to -$95.0 million in 2024, then jumped by 101.05% to $1.0 million in 2025, then plunged by 1100.0% to -$10.0 million in 2026.
- Business Quant data shows NTAP's Change in Taxes at -$10.0 million in Q2 2026, $1.0 million in Q4 2025, and $2.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | -307.00 Mn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 1.40 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | - |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 17.56 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | - |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -10.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |