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
DateValue
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%