Applied Materials (AMAT) Change in Taxes (2009 - 2026)

Applied Materials (AMAT) posted Change in Taxes of -$156.0 million for Q2 2026, down 132.43% sequentially from $481.0 million in Q1 2026, and up 72.77% YoY from -$90.3 million in Q2 2025.

Applied Materials (AMAT) Change in Taxes (2009 - 2026) Analysis & Trends

Applied Materials (AMAT) has 18 years of Change in Taxes data on file, last reported at -$156.0 million in Q2 2026.

  • Quarterly Change in Taxes rose 72.77% year-over-year to -$156.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $788.0 million (up 7063.64% YoY) and the FY2025 annual result came in at $90.0 million, down 76.86% from the prior year.
  • Change in Taxes fell to -$156.0 million in Q2 2026 per AMAT's latest filing, from $481.0 million in the prior quarter.
  • The five-year high for Change in Taxes was $481.0 million in Q1 2026, with the low at -$573.0 million in Q2 2025.
  • Average Change in Taxes over 5 years is $56.3 million, with a median of $58.5 million recorded in 2024.
  • The widest YoY moves for Change in Taxes: up 9900.0% in 2025, down 19200.0% in 2025.
  • Applied Materials' Change in Taxes stood at $23.0 million in 2022, then plunged by 2239.13% to -$492.0 million in 2023, then soared by 169.72% to $343.0 million in 2024, then rose by 12.83% to $387.0 million in 2025, then sank by 140.31% to -$156.0 million in 2026.
  • Business Quant data shows AMAT's Change in Taxes at -$156.0 million in Q2 2026, $481.0 million in Q1 2026, and $387.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn -156.00 Mn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn -
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn -
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 66.28 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 8.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 14.40 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn -
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn -
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 1.39 Mn
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn -10.59 Mn

Historic Data

Download Data
DateValue
Apr 26, 2026 -156.00 Mn
Apr 26, 2026 -156.00 Mn
Jan 25, 2026 481.00 Mn
Jan 25, 2026 481.00 Mn
Oct 26, 2025 387.00 Mn
Oct 26, 2025 387.00 Mn
Jul 27, 2025 76.00 Mn
Jul 27, 2025 76.00 Mn
Apr 27, 2025 -573.00 Mn
Apr 27, 2025 -573.00 Mn
Jan 26, 2025 200.00 Mn
Jan 26, 2025 200.00 Mn
Oct 27, 2024 343.00 Mn
Oct 27, 2024 343.00 Mn
Jul 28, 2024 41.00 Mn
Jul 28, 2024 41.00 Mn
Apr 28, 2024 3.00 Mn
Apr 28, 2024 3.00 Mn
Jan 28, 2024 2.00 Mn
Jan 28, 2024 2.00 Mn