NetApp (NTAP) Tax Rate (2009 - 2026)

NetApp's Tax Rate history runs 18 years deep, the most recent figure standing at 42.96% for Q2 2026.

• On a quarterly basis, Tax Rate rose 506.0% year-over-year to 42.96% in Q2 2026; TTM through Apr 2026 was 60.58%, a 5964.0% increase from a year earlier, with the FY2026 full-year figure at 60.58%, up 5964.0% from the prior year.
• Tax Rate fell to 42.96% in Q2 2026 per NTAP's latest filing, from 22.86% in the prior quarter.
• Across five years, Tax Rate topped out at 63.28% in Q1 2023 and bottomed at 636.79% in Q2 2023.
• The 5-year median for Tax Rate is 18.63% (2025), against an average of 34.42%.
• Across the five-year window, Tax Rate plunged 58011 bps in 2023 and jumped 66021 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 145.9% in 2022, then surged by 118 bps to 26.03% in 2023, then tumbled by 35 bps to 16.94% in 2024, then soared by 32 bps to 22.39% in 2025, then slumped by 292 bps to 42.96% in 2026.
• Per Business Quant, the three latest NTAP Tax Rate figures stand at 42.96% (Q2 2026), 22.86% (Q1 2026), and 22.39% (Q4 2025).