Applied Materials (AMAT) Tax Rate (2009 - 2026)
Applied Materials (AMAT) reported Tax Rate of 12.99% for Q2 2026, up 502.0% YoY from 2.16% in Q2 2025, and little changed on a QoQ basis from 12.97% in Q1 2026.
Applied Materials (AMAT) Tax Rate (2009 - 2026) Analysis & Trends
Applied Materials has reported Tax Rate for 18 years, with the latest figure at 12.99% in Q2 2026.
- Tax Rate for Q2 2026 came in at 12.99%, up 502.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 18.06% (down 48.0% YoY), and the FY2025 annual result was 24.52%, up 1256.0% from the prior year.
- Tax Rate came in at 12.99% for Q2 2026 at Applied Materials, roughly flat from 12.97% in the prior quarter.
- The five-year high for Tax Rate was 44.08% in Q1 2025, with the low at 6.91% in Q1 2022.
- A 5-year average of 15.24% and a median of 13.0% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2025 — Tax Rate soared 3175 bps — and 2026, when it plunged 3110 bps.
- Applied Materials' Tax Rate stood at 18.37% in 2022, then slumped by 58 bps to 7.73% in 2023, then climbed by 12 bps to 8.65% in 2024, then soared by 89 bps to 16.32% in 2025, then decreased by 20 bps to 12.99% in 2026.
- The last three Tax Rate figures came in at 12.99% (Q2 2026), 12.97% (Q1 2026), and 16.32% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | 12.99 |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 9.25 |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 15.23 |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 13.35 |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 25.69 |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 1.07 |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 11.30 |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 13.93 |
| 10 | Formfactor | 8.32 Bn | 8.14 Bn | 86.79 Mn | 2.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 12.99% |
| Apr 26, 2026 | 12.99% |
| Apr 26, 2026 | 12.99% |
| Jan 25, 2026 | 12.97% |
| Jan 25, 2026 | 12.97% |
| Jan 25, 2026 | 12.97% |
| Oct 26, 2025 | 16.32% |
| Oct 26, 2025 | 16.32% |
| Oct 26, 2025 | 16.32% |
| Jul 27, 2025 | 30.59% |
| Jul 27, 2025 | 30.59% |
| Jul 27, 2025 | 30.59% |
| Apr 27, 2025 | 7.97% |
| Apr 27, 2025 | 7.97% |
| Apr 27, 2025 | 7.97% |
| Jan 26, 2025 | 44.08% |
| Jan 26, 2025 | 44.08% |
| Jan 26, 2025 | 44.08% |
| Oct 27, 2024 | 8.65% |
| Oct 27, 2024 | 8.65% |