Applied Materials (AMAT) Cost of Revenue (2009 - 2026)

Applied Materials' (AMAT) quarterly Cost of Revenue came in at $4.0 billion in Q2 2026, up 1734.72% year-on-year from $216.0 million in Q2 2025, and up 10.79% quarter-over-quarter from $3.6 billion in Q1 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 $4.0 billion for Q2 2026.

  • Cost of Revenue for Q2 2026 came in at $4.0 billion, up 1734.72% year-over-year; the trailing twelve-month figure through Apr 2026 was $11.5 billion (down 35.25% YoY), and the FY2025 annual result was $858.0 million, down 93.99% from the prior year.
  • Cost of Revenue came in at $4.0 billion for Q2 2026 at Applied Materials, up from $3.6 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $13.7 billion in Q4 2024 to a low of -$9.4 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $3.4 billion (2022), against an average of $2.3 billion.
  • Peak annual rise in Cost of Revenue reached 2141.89% in 2022, while the deepest fall reached 397.07% in 2022.
  • Applied Materials' Cost of Revenue stood at -$9.4 billion in 2022, then jumped by 137.64% to $3.6 billion in 2023, then jumped by 284.3% to $13.7 billion in 2024, then tumbled by 98.45% to $212.0 million in 2025, then jumped by 1769.34% to $4.0 billion in 2026.
  • The last three Cost of Revenue figures came in at $4.0 billion (Q2 2026), $3.6 billion (Q1 2026), and $212.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Asml Holding 14,854,526.00 Bn 14,854,510.49 Bn 5.90 Bn 5.45 Bn
2 Lam Research 405.15 Bn 400.39 Bn 2.91 Bn 2.93 Bn
3 Applied Materials 395.56 Bn 388.82 Bn 3.95 Bn 3.96 Bn
4 Kla 281.07 Bn 276.11 Bn 2.09 Bn 1.33 Bn
5 Teradyne 54.77 Bn 54.52 Bn 780.95 Mn 501.55 Mn
6 Qnity Electronics 29.39 Bn 29.55 Bn 618.00 Mn 697.00 Mn
7 Entegris 19.63 Bn 19.18 Bn 380.80 Mn 431.10 Mn
8 Amkor Technology 17.23 Bn 15.42 Bn 239.03 Mn 1.45 Bn
9 Onto Innovation 13.46 Bn 12.81 Bn 146.39 Mn 21.46 Mn
10 Formfactor 8.96 Bn 8.65 Bn 86.79 Mn 139.35 Mn

Historic Data

Download Data
DateValue
Apr 26, 2026 3.96 Bn
Apr 26, 2026 3.96 Bn
Jan 25, 2026 3.58 Bn
Jan 25, 2026 3.58 Bn
Oct 26, 2025 212.00 Mn
Oct 26, 2025 212.00 Mn
Jul 27, 2025 3.74 Bn
Jul 27, 2025 3.74 Bn
Apr 27, 2025 216.00 Mn
Apr 27, 2025 216.00 Mn
Jan 26, 2025 3.67 Bn
Jan 26, 2025 3.67 Bn
Oct 27, 2024 13.66 Bn
Oct 27, 2024 13.66 Bn
Jul 28, 2024 205.00 Mn
Jul 28, 2024 205.00 Mn
Apr 28, 2024 209.00 Mn
Apr 28, 2024 209.00 Mn
Jan 28, 2024 3.50 Bn
Jan 28, 2024 3.50 Bn