Applied Materials (AMAT) Cost of Revenue (2009 - 2026)
Applied Materials' (AMAT) quarterly Cost of Revenue came in at $4.5 billion in Q3 2026, up 21.1% year-over-year from $3.7 billion in Q3 2025, and up 14.28% quarter-over-quarter from $4.0 billion in Q2 2026.
Applied Materials (AMAT) Cost of Revenue (2009 - 2026) Analysis & Trends
Applied Materials has disclosed Cost of Revenue across 18 years of filings, most recently posting $4.5 billion for Q3 2026.
- In Q3 2026, Cost of Revenue rose 21.1% year-over-year to $4.5 billion; the TTM figure through Jul 2026 stood at $15.6 billion (up 5.9% YoY), while the FY2025 annual figure was $14.6 billion, up 1.97% from the prior year.
- Cost of Revenue came in at $4.5 billion for Q3 2026 at Applied Materials, up from $4.0 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $4.5 billion in Q3 2026 to a low of $3.3 billion in Q1 2022.
- Average Cost of Revenue over 5 years is $3.6 billion, with a median of $3.6 billion recorded in 2024.
- Year-over-year, Cost of Revenue dropped 4.72% in 2025 and advanced 21.1% in 2026.
- Over 5 years, Cost of Revenue stood at $3.6 billion in 2022, then fell by 2.58% to $3.6 billion in 2023, then climbed by 4.39% to $3.7 billion in 2024, then dropped by 4.72% to $3.5 billion in 2025, then increased by 28.12% to $4.5 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $4.5 billion in Q3 2026, $4.0 billion in Q2 2026, and $3.6 billion in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,434.79 Bn | 5,369.56 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,317.02 Bn | 2,212.96 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,694.72 Bn | 1,670.75 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,210.15 Bn | 1,184.13 Bn | 35.06 Bn | 6.40 Bn |
| 5 | Advanced Micro Devices | 1,003.04 Bn | 989.93 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 672.40 Bn | 656.42 Bn | 5.90 Bn | 5.41 Bn |
| 7 | Intel | 618.27 Bn | 604.15 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Lam Research | 384.49 Bn | 378.91 Bn | 3.48 Bn | 3.24 Bn |
| 9 | Applied Materials | 376.47 Bn | 367.23 Bn | 4.59 Bn | 4.53 Bn |
| 10 | Arm Holdings | 352.85 Bn | 348.96 Bn | 1.25 Bn | 36.00 Mn |
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 |
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_KEY
import 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();