Applied Materials (AMAT) Deferred Taxes (2009 - 2026)

Applied Materials (AMAT) posted Deferred Taxes of -$152.0 million for Q2 2026, down 294.87% sequentially from $78.0 million in Q1 2026, and down 3700.0% YoY from $4.2 million in Q2 2025.

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

Applied Materials (AMAT) has 16 years of Deferred Taxes data on file, last reported at -$152.0 million in Q2 2026.

  • Quarterly Deferred Taxes fell 3700.0% year-over-year to -$152.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$41.0 million (up 83.27% YoY) and the FY2025 annual result came in at -$639.0 million, down 200.95% from the prior year.
  • Deferred Taxes slipped to -$152.0 million in Q2 2026 per AMAT's latest filing, from $78.0 million in the prior quarter.
  • The five-year high for Deferred Taxes was $313.0 million in Q4 2025, with the low at -$668.0 million in Q1 2025.
  • Average Deferred Taxes over 5 years is $6.6 million, with a median of $29.5 million recorded in 2023.
  • Year-over-year, Deferred Taxes surged 6325.0% in 2022 and slumped 3700.0% in 2026.
  • Applied Materials' Deferred Taxes stood at $14.0 million in 2022, then slumped by 1514.29% to -$198.0 million in 2023, then jumped by 225.25% to $248.0 million in 2024, then increased by 26.21% to $313.0 million in 2025, then plunged by 148.56% to -$152.0 million in 2026.
  • Business Quant data shows AMAT's Deferred Taxes at -$152.0 million in Q2 2026, $78.0 million in Q1 2026, and $313.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn -152.00 Mn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn -19.48 Mn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 15.09 Mn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn -7.78 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn -1.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn -18.50 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn -
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn -1.14 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn -503,000.00
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn -367,000.00

Historic Data

Download Data
DateValue
Apr 26, 2026 -152.00 Mn
Jan 25, 2026 78.00 Mn
Oct 26, 2025 313.00 Mn
Jul 27, 2025 -280.00 Mn
Apr 27, 2025 -4.00 Mn
Jan 26, 2025 -668.00 Mn
Oct 27, 2024 248.00 Mn
Jul 28, 2024 179.00 Mn
Apr 28, 2024 134.00 Mn
Jan 28, 2024 72.00 Mn
Oct 29, 2023 -198.00 Mn
Jul 30, 2023 38.00 Mn
Apr 30, 2023 115.00 Mn
Jan 29, 2023 21.00 Mn
Oct 30, 2022 14.00 Mn
Jul 31, 2022 -47.00 Mn
May 1, 2022 257.00 Mn
Jan 30, 2022 -1.00 Mn
Oct 31, 2021 -36.00 Mn
Aug 1, 2021 -20.00 Mn