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 (AMAT) has 18 years of Tax Rate data on file, last reported 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 held at 12.99% in Q2 2026 per AMAT's latest filing, 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.
  • Average Tax Rate over 5 years is 15.24%, with a median of 13.0% recorded in 2024.
  • Year-over-year, Tax Rate surged 3175 bps in 2025 and slumped 3110 bps in 2026.
  • Applied Materials' Tax Rate stood at 18.37% in 2022, then tumbled by 58 bps to 7.73% in 2023, then grew by 12 bps to 8.65% in 2024, then jumped by 89 bps to 16.32% in 2025, then slipped by 20 bps to 12.99% in 2026.
  • Business Quant data shows AMAT's Tax Rate at 12.99% in Q2 2026, 12.97% in Q1 2026, and 16.32% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 12.99%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 9.25%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 15.23%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 13.35%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 25.69%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 1.07%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 12.77%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 2.06%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 12.57%
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 17.32%

Historic Data

Download Data
DateValue
Apr 26, 2026 12.99%
Apr 26, 2026 12.99%
Jan 25, 2026 12.97%
Jan 25, 2026 12.97%
Oct 26, 2025 16.32%
Oct 26, 2025 16.32%
Jul 27, 2025 30.59%
Jul 27, 2025 30.59%
Apr 27, 2025 7.97%
Apr 27, 2025 7.97%
Jan 26, 2025 44.08%
Jan 26, 2025 44.08%
Oct 27, 2024 8.65%
Oct 27, 2024 8.65%
Jul 28, 2024 13.01%
Jul 28, 2024 13.01%
Apr 28, 2024 13.64%
Apr 28, 2024 13.64%
Jan 28, 2024 12.33%
Jan 28, 2024 12.33%