Applied Materials AMAT
NASDAQ AMAT
$492.32 -3.89 (-0.78%)
At close: Aug 21, 2026 · 4:00 PM EDT

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 has reported Tax Rate for 18 years, with the latest figure 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 was little changed at 12.99% in Q2 2026 per AMAT's latest filing, from 12.97% in the prior quarter.
  • Over five years, Tax Rate peaked at 44.08% in Q1 2025 and troughed 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.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate soared 3175 bps in 2025, then plunged 3110 bps in 2026.
  • Over 5 years, 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.
  • According to Business Quant data, Tax Rate over the past three periods registered 12.99%, 12.97%, and 16.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Asml Holding 683.77 Bn 668.27 Bn 5.90 Bn -
2 Lam Research 393.97 Bn 388.39 Bn 3.48 Bn 10.87%
3 Applied Materials 389.80 Bn 381.56 Bn 3.95 Bn 12.99%
4 Kla 240.86 Bn 239.21 Bn 2.24 Bn 12.03%
5 Teradyne 58.87 Bn 58.52 Bn 794.62 Mn 15.06%
6 Qnity Electronics 27.06 Bn 26.10 Bn 666.00 Mn 31.66%
7 Entegris 21.93 Bn 21.58 Bn 420.00 Mn 14.99%
8 Onto Innovation 14.50 Bn 12.61 Bn 183.25 Mn 12.26%
9 Amkor Technology 12.45 Bn 9.94 Bn 318.59 Mn 13.93%
10 Nova 11.32 Bn 10.80 Bn 144.16 Mn 15.82%

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%