Applied Materials (AMAT) Tax Rate (2009 - 2026)
Applied Materials' (AMAT) quarterly Tax Rate came in at 12.99% in Q2 2026, up 502.0% year-on-year from 2.16% in Q2 2025, and little changed quarter-over-quarter from 12.97% in Q1 2026.
Applied Materials (AMAT) Tax Rate (2009 - 2026) Analysis & Trends
Applied Materials has disclosed Tax Rate across 18 years of filings, most recently posting 12.99% for 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.
- 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.
- The 5-year median for Tax Rate is 13.0% (2024), against an average of 15.24%.
- Across the five-year window, Tax Rate jumped 3175 bps in 2025 and plunged 3110 bps in 2026, its largest moves.
- Applied Materials' Tax Rate stood at 18.37% in 2022, then slumped 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 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 | 14,996,080.76 Bn | 14,996,065.25 Bn | 5.90 Bn | - |
| 2 | Lam Research | 409.52 Bn | 404.77 Bn | 2.91 Bn | 9.25% |
| 3 | Applied Materials | 389.06 Bn | 382.32 Bn | 3.95 Bn | 12.99% |
| 4 | Kla | 280.01 Bn | 275.05 Bn | 2.09 Bn | 15.23% |
| 5 | Teradyne | 57.58 Bn | 57.34 Bn | 780.95 Mn | 13.35% |
| 6 | Qnity Electronics | 30.30 Bn | 30.47 Bn | 618.00 Mn | 25.69% |
| 7 | Entegris | 20.39 Bn | 19.94 Bn | 380.80 Mn | 1.07% |
| 8 | Amkor Technology | 17.53 Bn | 15.72 Bn | 239.03 Mn | 12.77% |
| 9 | Onto Innovation | 13.62 Bn | 12.97 Bn | 146.39 Mn | 11.30% |
| 10 | Formfactor | 9.34 Bn | 9.04 Bn | 86.79 Mn | 2.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |