Applied Materials (AMAT) Tax Provisions (2009 - 2026)

Applied Materials (AMAT) reported Tax Provisions of $419.0 million for Q2 2026, up 126.49% YoY from $185.0 million in Q2 2025, and up 38.74% on a QoQ basis from $302.0 million in Q1 2026.

Applied Materials (AMAT) Tax Provisions (2009 - 2026) Analysis & Trends

Applied Materials has reported Tax Provisions for 18 years, with the latest figure at $419.0 million in Q2 2026.

  • Tax Provisions for Q2 2026 came in at $419.0 million, up 126.49% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.9 billion (up 21.91% YoY), and the FY2025 annual result was $2.3 billion, up 133.13% from the prior year.
  • Tax Provisions came in at $419.0 million for Q2 2026 at Applied Materials, up from $302.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $934.0 million in Q1 2025, with the low at $133.0 million in Q1 2022.
  • A 5-year average of $327.9 million and a median of $263.5 million in 2022 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2025 — Tax Provisions soared 228.87% — and 2026, when it plunged 67.67%.
  • Applied Materials' Tax Provisions stood at $358.0 million in 2022, then slumped by 53.07% to $168.0 million in 2023, then declined by 2.38% to $164.0 million in 2024, then soared by 125.61% to $370.0 million in 2025, then gained by 13.24% to $419.0 million in 2026.
  • The last three Tax Provisions figures came in at $419.0 million (Q2 2026), $302.0 million (Q1 2026), and $370.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn -
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 419.00 Mn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 186.10 Mn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 215.77 Mn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 62.16 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 56.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 1.00 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 4.30 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 28.31 Mn
10 Formfactor 8.32 Bn 8.14 Bn 86.79 Mn 396,000.00

Historic Data

Download Data
DateValue
Apr 26, 2026 419.00 Mn
Jan 25, 2026 302.00 Mn
Oct 26, 2025 370.00 Mn
Jul 27, 2025 784.00 Mn
Apr 27, 2025 185.00 Mn
Jan 26, 2025 934.00 Mn
Oct 27, 2024 164.00 Mn
Jul 28, 2024 255.00 Mn
Apr 28, 2024 272.00 Mn
Jan 28, 2024 284.00 Mn
Oct 29, 2023 168.00 Mn
Jul 30, 2023 246.00 Mn
Apr 30, 2023 202.00 Mn
Jan 29, 2023 244.00 Mn
Oct 30, 2022 358.00 Mn
Jul 31, 2022 255.00 Mn
May 1, 2022 328.00 Mn
Jan 30, 2022 133.00 Mn
Oct 31, 2021 294.00 Mn
Aug 1, 2021 264.00 Mn