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
DateValue
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%