Income taxes receivable

Current Assets

Applied Materials Income taxes receivable increased by 527.7% to $929.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 197.8%, from $312.00M to $929.00M. Over 5 years (FY 2020 to FY 2025), Income taxes receivable shows relatively stable performance with a -1.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ2 2015
Last reportedQ4 2025

How to read this metric

An increase may suggest overpayment or tax credits, while a decrease indicates the collection of refunds or application of credits against current liabilities.

Detailed definition

This represents the amount of income tax overpayments or refundable credits owed to the company by government taxing aut...

Peer comparison

Common across large-cap pharmaceutical firms, often fluctuating based on the timing of tax filings and audit settlements.

Metric ID: income_taxes_receivable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$251.00M$248.00M$593.00M$262.00M$588.00M$561.00M$461.00M$606.00M$521.00M$421.00M$412.00M$351.00M$340.00M$348.00M$120.00M$312.00M$300.00M$443.00M$148.00M$929.00M
QoQ Change-1.2%+139.1%-55.8%+124.4%-4.6%-17.8%+31.5%-14.0%-19.2%-2.1%-14.8%-3.1%+2.4%-65.5%+160.0%-3.8%+47.7%-66.6%+527.7%
YoY Change+134.3%+126.2%-22.3%+131.3%-11.4%-25.0%-10.6%-42.1%-34.7%-17.3%-70.9%-11.1%-11.8%+27.3%+23.3%+197.8%
Range$120.00M$929.00M
CAGR+31.7%
Avg YoY Growth+23.9%
Median YoY Growth-11.3%

Frequently Asked Questions

What is Applied Materials's income taxes receivable?
Applied Materials (AMAT) reported income taxes receivable of $929.00M in Q1 2026.
How has Applied Materials's income taxes receivable changed year-over-year?
Applied Materials's income taxes receivable increased by 197.8% year-over-year, from $312.00M to $929.00M.
What is the long-term trend for Applied Materials's income taxes receivable?
Over 5 years (2020 to 2025), Applied Materials's income taxes receivable has grown at a -1.8% compound annual growth rate (CAGR), from $162.00M to $148.00M.
What does income taxes receivable mean?
The amount of money the government owes the company due to tax overpayments or credits.

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