Applied Materials (AMAT) Change in Inventory (2009 - 2026)
Applied Materials (AMAT) recorded Change in Inventory of $208 million in fiscal Q3 2026 (quarter ended Jul 26, 2026), up 37.7% from $151 million a year earlier but down 34.8% from the prior quarter.
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Analysis
Applied Materials (AMAT) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Applied Materials' Change in Inventory came in at $717 million as of Jul 26, 2026, up 200.0% year-over-year; for FY2025 (ended Oct 26, 2025), it came in at $494 million.
- Annual Change in Inventory has a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- Across earlier fiscal years, Change in Inventory came in at -$304 million in FY2024, -$207 million in FY2023, $1.59 billion in FY2022 (+292.6%) and $405 million in FY2021 (-3.8%).
- Quarterly Change in Inventory has ranged from -$147 million in fiscal Q4 2024 to $483 million in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Change in Inventory has increased for three consecutive quarters, with growth averaging 97.6% over the last four quarters.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 933.3% in fiscal Q1 2022, against a decline of 43.8% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $319 million (Q2 2026), $82 million (Q1 2026) and $108 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn | 5.78 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn | 195.00 Mn |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn | 300.00 Mn |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn | 423.00 Mn |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn | - |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn | 66.00 Mn |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn | - |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn | 208.00 Mn |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 208.00 Mn |
| Apr 26, 2026 | 319.00 Mn |
| Jan 25, 2026 | 82.00 Mn |
| Oct 26, 2025 | 108.00 Mn |
| Jul 27, 2025 | 151.00 Mn |
| Apr 27, 2025 | 155.00 Mn |
| Jan 26, 2025 | 80.00 Mn |
| Oct 27, 2024 | -147.00 Mn |
| Jul 28, 2024 | -123.00 Mn |
| Apr 28, 2024 | 45.00 Mn |
| Jan 28, 2024 | -79.00 Mn |
| Oct 29, 2023 | -84.00 Mn |
| Jul 30, 2023 | -131.00 Mn |
| Apr 30, 2023 | -114.00 Mn |
| Jan 29, 2023 | 122.00 Mn |
| Oct 30, 2022 | 426.00 Mn |
| Jul 31, 2022 | 464.00 Mn |
| May 1, 2022 | 483.00 Mn |
| Jan 30, 2022 | 217.00 Mn |
| Oct 31, 2021 | 192.00 Mn |
API Access
Applied Materials Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AMAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AMAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();