NetApp (NTAP) Change in Taxes (2017 - 2026)
NetApp (NTAP) posted Change in Taxes of -$10.0 million for Q2 2026, down 1100.0% on a QoQ basis from $1.0 million in Q4 2025, and up 91.87% year-over-year from -$5.2 million in Q2 2025.
Analysis
NetApp (NTAP) Change in Taxes (2017 - 2026) Analysis & Trends
NetApp has reported Change in Taxes for 10 years, with the latest figure at -$10.0 million in Q2 2026.
- On a quarterly basis, Change in Taxes rose 91.87% year-over-year to -$10.0 million in Q2 2026; TTM through Apr 2026 was -$7.0 million, a 96.62% increase from a year earlier, with the FY2026 full-year figure at -$7.0 million, up 96.62% from the prior year.
- Change in Taxes was -$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.
- The sharpest annual moves came in 2022 and 2025: Change in Taxes jumped 450.0% in 2022, then sank 12400.0% in 2025.
- Over 5 years, Change in Taxes stood at -$85.0 million in 2022, then tumbled by 30.59% to -$111.0 million in 2023, then rose by 14.41% to -$95.0 million in 2024, then soared by 101.05% to $1.0 million in 2025, then plunged by 1100.0% to -$10.0 million in 2026.
- The last three Change in Taxes figures came in at -$10.0 million (Q2 2026), $1.0 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | - |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 730.00 Mn |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | -154.50 Mn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | - |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | -29.00 Mn |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | - |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | - |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | - |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 225.11 Mn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 24, 2026 | -10.00 Mn |
| Oct 24, 2025 | 1.00 Mn |
| Jul 25, 2025 | 2.00 Mn |
| Apr 25, 2025 | -123.00 Mn |
| Jan 24, 2025 | 7.00 Mn |
| Oct 25, 2024 | -95.00 Mn |
| Jul 26, 2024 | 4.00 Mn |
| Apr 26, 2024 | 1.00 Mn |
| Jan 26, 2024 | 3.00 Mn |
| Oct 27, 2023 | -111.00 Mn |
| Jul 28, 2023 | 1.00 Mn |
| Apr 28, 2023 | 6.00 Mn |
| Jan 27, 2023 | 2.00 Mn |
| Oct 28, 2022 | -85.00 Mn |
| Jul 29, 2022 | 1.00 Mn |
| Apr 29, 2022 | 21.00 Mn |
| Jan 28, 2022 | -1.00 Mn |
| Oct 29, 2021 | -57.00 Mn |
| Jul 30, 2021 | -8.00 Mn |
| Apr 30, 2021 | -6.00 Mn |