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NetApp (NTAP) Tax Rate (2016 - 2026)

NetApp's Tax Rate history spans 18 years, with the latest figure at 22.86% for Q1 2026.

  • Quarterly Tax Rate rose 367.0% to 22.86% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 52.62% through Jan 2026, up 860.0% year-over-year, with the annual reading at 49.01% for FY2025, 968.0% down from the prior year.
  • Tax Rate came in at 22.86% for Q1 2026, up from 22.39% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 63.28% in Q1 2023 to a low of 145.9% in Q4 2022.
  • The 5-year median for Tax Rate is 19.19% (2025), against an average of 6.48%.
  • Year-over-year, Tax Rate tumbled -16590bps in 2022 and then soared 17193bps in 2023.
  • NetApp's Tax Rate stood at 145.9% in 2022, then skyrocketed by 118bps to 26.03% in 2023, then plummeted by -35bps to 16.94% in 2024, then surged by 32bps to 22.39% in 2025, then grew by 2bps to 22.86% in 2026.
  • Per Business Quant, the three most recent readings for NTAP's Tax Rate are 22.86% (Q1 2026), 22.39% (Q4 2025), and 23.36% (Q3 2025).