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| 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% |