Growth Metrics

NetApp (NTAP) Tax Rate (2016 - 2026)

NetApp has reported Tax Rate over the past 18 years, most recently at 22.86% for Q1 2026.

  • Quarterly results put Tax Rate at 22.86% for Q1 2026, up 367.0% from a year ago — trailing twelve months through Jan 2026 was 52.62% (up 860.0% YoY), and the annual figure for FY2025 was 49.01%, down 968.0%.
  • Tax Rate for Q1 2026 was 22.86% at NetApp, up from 22.39% in the prior quarter.
  • Over the last five years, Tax Rate for NTAP hit a ceiling of 63.28% in Q1 2023 and a floor of 145.9% in Q4 2022.
  • Median Tax Rate over the past 5 years was 19.19% (2025), compared with a mean of 6.48%.
  • Biggest five-year swings in Tax Rate: tumbled -16590bps in 2022 and later soared 17193bps in 2023.
  • NetApp's Tax Rate stood at 145.9% in 2022, then soared by 118bps to 26.03% in 2023, then crashed by -35bps to 16.94% in 2024, then skyrocketed by 32bps to 22.39% in 2025, then rose by 2bps to 22.86% in 2026.
  • The last three reported values for Tax Rate were 22.86% (Q1 2026), 22.39% (Q4 2025), and 23.36% (Q3 2025) per Business Quant data.