Applied Materials (AMAT) Cost of Revenue (2009 - 2026)
Applied Materials (AMAT) reported Cost of Revenue of $4.53 billion for fiscal Q3 2026 (quarter ended Jul 26, 2026), up 21.1% from $3.74 billion a year earlier and up 14.3% from the prior quarter.
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Analysis
Applied Materials (AMAT) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 26, 2026, Applied Materials' Cost of Revenue came in at $15.6 billion, up 5.9% year-over-year; for FY2025 (ended Oct 26, 2025), it was $14.56 billion, up 2.0% from FY2024.
- Cost of Revenue has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- By fiscal year, Cost of Revenue came in at $14.28 billion in FY2024 (+1.0%), $14.13 billion in FY2023 (+2.5%), $13.79 billion in FY2022 (+13.5%) and $12.15 billion in FY2021 (+27.7%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to fiscal Q1 2009.
- Year over year, Cost of Revenue gained in six of the last eight quarters, with growth averaging 5.1%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q4 2021 (growth of 24.2%); the low point was fiscal Q4 2025 (a decline of 4.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $3.96 billion (Q2 2026), $3.58 billion (Q1 2026) and $3.54 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,258.66 Bn | 5,032.83 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,186.01 Bn | 1,810.88 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,641.55 Bn | 1,567.60 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,047.64 Bn | 953.27 Bn | 47.05 Bn | 7.18 Bn |
| 5 | Advanced Micro Devices | 917.54 Bn | 874.29 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 643.92 Bn | 599.61 Bn | 5.90 Bn | 5.45 Bn |
| 7 | Intel | 487.69 Bn | 356.82 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 348.49 Bn | 325.29 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 342.16 Bn | 307.60 Bn | 4.59 Bn | 4.53 Bn |
| 10 | Arm Holdings | 259.71 Bn | 245.42 Bn | 1.25 Bn | 36.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 4.53 Bn |
| Apr 26, 2026 | 3.96 Bn |
| Jan 25, 2026 | 3.58 Bn |
| Oct 26, 2025 | 3.54 Bn |
| Jul 27, 2025 | 3.74 Bn |
| Apr 27, 2025 | 3.62 Bn |
| Jan 26, 2025 | 3.67 Bn |
| Oct 27, 2024 | 3.71 Bn |
| Jul 28, 2024 | 3.57 Bn |
| Apr 28, 2024 | 3.49 Bn |
| Jan 28, 2024 | 3.50 Bn |
| Oct 29, 2023 | 3.55 Bn |
| Jul 30, 2023 | 3.45 Bn |
| Apr 30, 2023 | 3.54 Bn |
| Jan 29, 2023 | 3.59 Bn |
| Oct 30, 2022 | 3.65 Bn |
| Jul 31, 2022 | 3.51 Bn |
| May 1, 2022 | 3.32 Bn |
| Jan 30, 2022 | 3.31 Bn |
| Oct 31, 2021 | 3.18 Bn |
API Access
Applied Materials Cost of Revenue 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=cost-of-revenue&ticker=AMAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();