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
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%