NetApp (NTAP) Tax Provisions (2009 - 2026)
NetApp (NTAP) posted quarterly Tax Provisions of $114.0 million for Q2 2026, up 714.29% year-over-year from $14.0 million in Q2 2025, and up 15.15% on a QoQ basis from $99.0 million in Q1 2026.
NetApp (NTAP) Tax Provisions (2009 - 2026) Analysis & Trends
NetApp (NTAP) has reported Tax Provisions for 18 consecutive years, with $114.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 714.29% year-over-year to $114.0 million; the TTM figure through Apr 2026 stood at $372.0 million (up 88.83% YoY), while the FY2026 annual figure was $372.0 million, up 88.83% from the prior year.
- Tax Provisions came in at $114.0 million for Q2 2026 at NetApp, up from $99.0 million in the prior quarter.
- The five-year high for Tax Provisions was $114.0 million in Q2 2026, with the low at -$445.0 million in Q4 2022.
- Average Tax Provisions over 5 years is $36.2 million, with a median of $65.0 million recorded in 2023.
- Across the five-year window, Tax Provisions tumbled 894.64% in 2022 and surged 714.29% in 2026, its largest moves.
- Year by year, Tax Provisions stood at -$445.0 million in 2022, then soared by 118.43% to $82.0 million in 2023, then dropped by 25.61% to $61.0 million in 2024, then jumped by 44.26% to $88.0 million in 2025, then grew by 29.55% to $114.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $114.0 million, $99.0 million, and $88.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 7.56 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 12.20 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 117.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -3.60 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 122.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 1.50 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 14.34 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -84.00 Mn |
| 10 | NetApp | 31.12 Bn | 27.54 Bn | 1.37 Bn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 114.00 Mn |
| Jan 23, 2026 | 99.00 Mn |
| Oct 24, 2025 | 88.00 Mn |
| Jul 25, 2025 | 71.00 Mn |
| Apr 25, 2025 | 14.00 Mn |
| Jan 24, 2025 | 71.00 Mn |
| Oct 25, 2024 | 61.00 Mn |
| Jul 26, 2024 | 51.00 Mn |
| Apr 26, 2024 | 36.00 Mn |
| Jan 26, 2024 | 69.00 Mn |
| Oct 27, 2023 | 82.00 Mn |
| Jul 28, 2023 | 37.00 Mn |
| Apr 28, 2023 | 69.00 Mn |
| Jan 27, 2023 | 112.00 Mn |
| Oct 28, 2022 | -445.00 Mn |
| Jul 29, 2022 | 56.00 Mn |
| Apr 29, 2022 | 13.00 Mn |
| Jan 28, 2022 | 54.00 Mn |
| Oct 29, 2021 | 56.00 Mn |
| Jul 30, 2021 | 35.00 Mn |