NetApp NTAP
NASDAQ NTAP
$189.17 +3.58 (+1.93%)
As of: Sep 8, 2026 · 3:59 PM EDT

NetApp (NTAP) Tax Rate (2009 - 2026)

NetApp (NTAP) posted Tax Rate of 22.52% for Q3 2026, down 34.09% on a QoQ basis from 34.17% in Q2 2026, and down 83.0% year-over-year from 132.47% in Q3 2025.

Analysis

NetApp (NTAP) Tax Rate (2009 - 2026) Analysis & Trends

NetApp has reported Tax Rate for 18 years, with the latest figure at 22.52% in Q3 2026.

  • On a quarterly basis, Tax Rate fell 83.0% year-over-year to 22.52% in Q3 2026; TTM through Jul 2026 was 25.88%, a 304.0% increase from a year earlier, with the FY2026 full-year figure at 26.4%, up 492.0% from the prior year.
  • Tax Rate was 22.52% for Q3 2026 at NetApp, down from 34.17% in the prior quarter.
  • The five-year high for Tax Rate was 214.97% in Q2 2023, with the low at 145.9% in Q4 2022.
  • Average Tax Rate over 5 years is 27.71%, with a median of 22.52% recorded in 2026.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 17193 bps in 2023, then sank 19155 bps in 2024.
  • Over 5 years, Tax Rate stood at 145.9% in 2022, then soared by 118 bps to 26.03% in 2023, then plunged by 35 bps to 16.94% in 2024, then jumped by 32 bps to 22.39% in 2025, then increased by 1 bps to 22.52% in 2026.
  • The last three Tax Rate figures came in at 22.52% (Q3 2026), 34.17% (Q2 2026), and 22.86% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Dell Technologies 346.83 Bn 335.25 Bn 7.78 Bn 12.92%
2 Sandisk 255.87 Bn 251.11 Bn 7.58 Bn 12.05%
3 Arista Networks 246.16 Bn 232.82 Bn 1.91 Bn 19.37%
4 Seagate Technology Holdings 198.14 Bn 196.43 Bn 1.90 Bn 14.02%
5 Western Digital 166.37 Bn 164.79 Bn 2.03 Bn 1.60%
6 Hewlett Packard Enterprise 74.66 Bn 68.44 Bn 4.93 Bn 12.60%
7 NetApp 37.19 Bn 33.61 Bn 1.42 Bn 22.52%
8 Everpure 33.66 Bn 32.65 Bn 811.39 Mn -2.75%
9 Super Micro Computer 24.36 Bn 16.83 Bn 1.94 Bn 19.74%
10 Penguin Solutions 2.61 Bn 2.17 Bn 133.21 Mn 13.99%
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 22.52%
Apr 24, 2026 34.17%
Jan 23, 2026 22.86%
Oct 24, 2025 22.39%
Jul 25, 2025 23.36%
Apr 25, 2025 32.20%
Jan 24, 2025 19.19%
Oct 25, 2024 16.94%
Jul 26, 2024 17.06%
Apr 26, 2024 23.42%
Jan 26, 2024 18.06%
Oct 27, 2023 26.03%
Jul 28, 2023 19.89%
Apr 28, 2023 214.97%
Jan 27, 2023 63.28%
Oct 28, 2022 -145.90%
Jul 29, 2022 20.74%
Apr 29, 2022 57.72%
Jan 28, 2022 17.65%
Oct 29, 2021 20.00%