NetApp (NTAP) Tax Rate (2009 - 2026)

NetApp (NTAP) has reported Tax Rate for 18 consecutive years, with 27.67% the latest figure, recorded in Q2 2026.

• In Q2 2026, Tax Rate fell 2211.0% year-over-year to 27.67%; the TTM figure through Apr 2026 stood at 51.81% (up 2646.0% YoY), while the FY2026 annual figure was 51.81%, up 2646.0% from the prior year.
• Tax Rate came in at 27.67% for Q2 2026 at NetApp, down from 22.86% in the prior quarter.
• The five-year high for Tax Rate was 63.28% in Q1 2023, with the low at 145.9% in Q4 2022.
• Average Tax Rate over 5 years is 4.64%, with a median of 17.85% recorded in 2022.
• Across the five-year window, Tax Rate tumbled 339522 bps in 2022 and jumped 17193 bps in 2023, 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 slumped by 35 bps to 16.94% in 2024, then soared by 32 bps to 22.39% in 2025, then slumped by 224 bps to 27.67% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 27.67%, 22.86%, and 22.39% for Q2 2026, Q1 2026, and Q4 2025 respectively.