Applied Materials (AMAT) Tax Rate (2009 - 2026)
Applied Materials' (AMAT) quarterly Tax Rate came in at 12.69% in Q3 2026, down 1790.0% year-over-year from 0.75% in Q3 2025, and down 2.3% quarter-over-quarter from 12.99% in Q2 2026.
Analysis
Applied Materials (AMAT) Tax Rate (2009 - 2026) Analysis & Trends
Applied Materials has disclosed Tax Rate across 18 years of filings, most recently posting 12.69% for Q3 2026.
- In Q3 2026, Tax Rate fell 1790.0% year-over-year to 12.69%; the TTM figure through Jul 2026 stood at 13.61% (down 962.0% YoY), while the FY2025 annual figure was 24.52%, up 1256.0% from the prior year.
- Tax Rate came in at 12.69% for Q3 2026 at Applied Materials, down from 12.99% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 44.08% in Q1 2025 to a low of 6.91% in Q1 2022.
- Average Tax Rate over 5 years is 15.1%, with a median of 12.99% recorded in 2026.
- Year-over-year, Tax Rate surged 3175 bps in 2025 and tumbled 3110 bps in 2026.
- Over 5 years, Tax Rate stood at 18.37% in 2022, then plunged by 58 bps to 7.73% in 2023, then gained by 12 bps to 8.65% in 2024, then jumped by 89 bps to 16.32% in 2025, then fell by 22 bps to 12.69% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 12.69% in Q3 2026, 12.99% in Q2 2026, and 12.97% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 10.87% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 12.69% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 12.03% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 17.84% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 12.26% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 15.82% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | -31.86% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 9.93% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 21.09% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 8.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 12.69% |
| Apr 26, 2026 | 12.99% |
| Jan 25, 2026 | 12.97% |
| Oct 26, 2025 | 16.32% |
| Jul 27, 2025 | 30.59% |
| Apr 27, 2025 | 7.97% |
| Jan 26, 2025 | 44.08% |
| Oct 27, 2024 | 8.65% |
| Jul 28, 2024 | 13.01% |
| Apr 28, 2024 | 13.64% |
| Jan 28, 2024 | 12.33% |
| Oct 29, 2023 | 7.73% |
| Jul 30, 2023 | 13.62% |
| Apr 30, 2023 | 11.37% |
| Jan 29, 2023 | 12.44% |
| Oct 30, 2022 | 18.37% |
| Jul 31, 2022 | 13.70% |
| May 1, 2022 | 17.60% |
| Jan 30, 2022 | 6.91% |
| Oct 31, 2021 | 14.66% |