Applied Materials (AMAT) Tax Rate (2009 - 2026)
Applied Materials (AMAT) posted Tax Rate of 12.99% for Q2 2026, little changed sequentially from 12.97% in Q1 2026, and up 502.0% YoY from 2.16% in Q2 2025.
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.
- Quarterly Tax Rate rose 502.0% year-over-year to 12.99% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 18.06% (down 48.0% YoY) and the FY2025 annual result came in at 24.52%, up 1256.0% from the prior year.
- Tax Rate was little changed at 12.99% in Q2 2026 per AMAT's latest filing, from 12.97% in the prior quarter.
- Over five years, Tax Rate peaked at 44.08% in Q1 2025 and troughed 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.
- The sharpest annual moves came in 2025 and 2026: Tax Rate soared 3175 bps in 2025, then plunged 3110 bps in 2026.
- Over 5 years, 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.
- According to Business Quant data, Tax Rate over the past three periods registered 12.99%, 12.97%, and 16.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 10.87% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 12.99% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 12.03% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 15.06% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 31.66% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 14.99% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 12.26% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 13.93% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 15.82% |
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% |