Income Before Tax

Pre-Tax Income

Applied Materials Pre-Tax Income increased by 38.5% to $3.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.9%, from $2.32B to $3.23B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 8.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 21, 2026

How to read this metric

Higher values indicate stronger overall profitability and operational efficiency before tax impacts.

Detailed definition

Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...

Peer comparison

A standard GAAP metric used universally to compare pre-tax performance across different industries.

Metric ID: income_before_tax

Historical Data

21 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$1.55B$1.98B$2.01B$1.93B$1.86B$1.86B$1.95B$1.96B$1.78B$1.81B$2.17B$2.30B$1.99B$1.96B$1.90B$2.12B$2.32B$2.56B$2.27B$2.33B$3.23B
QoQ Change+28.2%+1.3%-4.0%-3.2%-0.2%+4.7%+0.6%-9.4%+1.6%+20.3%+6.0%-13.4%-1.7%-3.3%+11.8%+9.6%+10.4%-11.5%+2.7%+38.5%
YoY Change+20.6%-6.0%-2.8%+1.9%-4.7%-3.0%+11.4%+17.4%+12.2%+8.5%-12.8%-8.0%+16.4%+30.8%+19.6%+9.9%+38.9%
Range$1.55B$3.23B
CAGR+15.9%
Avg YoY Growth+8.9%
Median YoY Growth+9.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Applied Materials's pre-tax income?
Applied Materials (AMAT) reported pre-tax income of $3.23B in Q1 2026.
How has Applied Materials's pre-tax income changed year-over-year?
Applied Materials's pre-tax income increased by 38.9% year-over-year, from $2.32B to $3.23B.
What is the long-term trend for Applied Materials's pre-tax income?
Over 4 years (2021 to 2025), Applied Materials's pre-tax income has grown at a 8.2% compound annual growth rate (CAGR), from $6.77B to $9.27B.
What does pre-tax income mean?
Total profit earned before accounting for income tax obligations.