NetApp (NTAP) Tax Rate (2009 - 2026)
NetApp's Tax Rate came in at 22.52% for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 0.83 percentage points from 23.36% a year earlier but up 0.51 percentage points from the prior quarter.
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Analysis
NetApp (NTAP) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, NetApp reported Tax Rate of 22.43%, up 6.79 percentage points year-over-year; for FY2026 (ended Apr 24, 2026), it was 22.57%, up 8.33 percentage points from FY2025.
- Tax Rate carries a five-year change of -1.54 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 14.24% in FY2025 (-7.69 pp), 21.93% in FY2024 (+41.44 pp), -19.51% in FY2023 (-33.94 pp) and 14.43% in FY2022 (-9.69 pp).
- The five-year range for quarterly Tax Rate is -145.90% (fiscal Q2 2023) to 63.28% (fiscal Q3 2023).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +0.65 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q2 2024 (a gain of 171.93 percentage points), and the weakest in fiscal Q2 2023 (a drop of 165.90 percentage points).
- Business Quant data shows NTAP's Tax Rate at 22.01% (Q4 2026), 22.86% (Q3 2026) and 22.39% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,982.68 Bn | 4,730.17 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 421.04 Bn | 356.97 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 360.24 Bn | 315.99 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 260.49 Bn | 213.94 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 259.56 Bn | 248.08 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 207.93 Bn | 202.92 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 164.91 Bn | 153.04 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 26.70% |
| 9 | Hewlett Packard Enterprise | 83.59 Bn | 61.47 Bn | 4.93 Bn | 12.60% |
| 10 | NetApp | 39.43 Bn | 22.24 Bn | 1.42 Bn | 22.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.52% |
| Apr 24, 2026 | 22.01% |
| Jan 23, 2026 | 22.86% |
| Oct 24, 2025 | 22.39% |
| Jul 25, 2025 | 23.36% |
| Apr 25, 2025 | 3.95% |
| Jan 24, 2025 | 19.19% |
| Oct 25, 2024 | 16.94% |
| Jul 26, 2024 | 17.06% |
| Apr 26, 2024 | 23.42% |
| Jan 26, 2024 | 18.06% |
| Oct 27, 2023 | 26.03% |
| Jul 28, 2023 | 19.89% |
| Apr 28, 2023 | 21.97% |
| Jan 27, 2023 | 63.28% |
| Jul 29, 2022 | 20.74% |
| Apr 29, 2022 | 4.78% |
| Jan 28, 2022 | 17.65% |
| Oct 29, 2021 | 20.00% |
| Jul 30, 2021 | 14.77% |
API Access
NetApp Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NTAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NTAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NTAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();