Growth Metrics

NetApp (NTAP) Tax Rate (2016 - 2026)

NetApp (NTAP) has 18 years of Tax Rate data on record, last reported at 22.86% in Q1 2026.

  • For Q1 2026, Tax Rate rose 484.0% year-over-year to 22.86%; the TTM value through Jan 2026 reached 75.33%, up 3027.0%, while the annual FY2025 figure was 38.22%, 991.0% up from the prior year.
  • Tax Rate reached 22.86% in Q1 2026 per NTAP's latest filing, up from 16.5% in the prior quarter.
  • Across five years, Tax Rate topped out at 26.11% in Q4 2023 and bottomed at 24.15% in Q2 2022.
  • Average Tax Rate over 5 years is 9.85%, with a median of 17.06% recorded in 2024.
  • Peak YoY movement for Tax Rate: crashed -4744bps in 2022, then soared 484bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 24.15% in 2022, then soared by 208bps to 26.11% in 2023, then crashed by -35bps to 16.94% in 2024, then tumbled by -197bps to 16.5% in 2025, then skyrocketed by 239bps to 22.86% in 2026.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 22.86% in Q1 2026, 16.5% in Q2 2025, and 18.02% in Q1 2025.