NetApp (NTAP) Tax Rate (2009 - 2026)
NetApp (NTAP) recorded quarterly Tax Rate of 27.67% in Q2 2026, down 221.02% quarter-over-quarter from 22.86% in Q1 2026, and down 2211.0% year-on-year from 1.31% in Q2 2025.
NetApp (NTAP) Tax Rate (2009 - 2026) Analysis & Trends
NetApp has disclosed Tax Rate across 18 years of filings, most recently posting 27.67% for Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 2211.0% year-over-year to 27.67%; the trailing twelve-month figure through Apr 2026 stood at 51.81% (up 2646.0% YoY), and the FY2026 full-year result was 51.81%, up 2646.0% from the prior year.
- Tax Rate was 27.67% for Q2 2026 at NetApp, down from 22.86% in the prior quarter.
- Over five years, Tax Rate peaked at 63.28% in Q1 2023 and troughed at 145.9% in Q4 2022.
- The 5-year median for Tax Rate is 17.85% (2022), against an average of 4.64%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 339522 bps in 2022, then soared 17193 bps in 2023.
- Year by year, Tax Rate stood at 145.9% in 2022, then soared by 118 bps to 26.03% in 2023, then sank by 35 bps to 16.94% in 2024, then jumped by 32 bps to 22.39% in 2025, then sank by 224 bps to 27.67% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 27.67% in Q2 2026, 22.86% in Q1 2026, and 22.39% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | NetApp | 32.80 Bn | 29.21 Bn | 1.37 Bn | -27.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | -27.67% |
| Apr 24, 2026 | -27.67% |
| Jan 23, 2026 | 22.86% |
| Jan 23, 2026 | 22.86% |
| Oct 24, 2025 | 22.39% |
| Oct 24, 2025 | 22.39% |
| Jul 25, 2025 | 23.36% |
| Jul 25, 2025 | 23.36% |
| Apr 25, 2025 | -5.56% |
| Apr 25, 2025 | -5.56% |
| Jan 24, 2025 | 19.19% |
| Jan 24, 2025 | 19.19% |
| Oct 25, 2024 | 16.94% |
| Oct 25, 2024 | 16.94% |
| Jul 26, 2024 | 17.06% |
| Jul 26, 2024 | 17.06% |
| Apr 26, 2024 | -8.76% |
| Apr 26, 2024 | -8.76% |
| Jan 26, 2024 | 18.06% |
| Jan 26, 2024 | 18.06% |