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
DateValue
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