Applied Materials (AMAT) Free Cash Flow (2009 - 2026)
Applied Materials (AMAT) recorded Free Cash Flow of $2.33 billion in fiscal Q3 2026 (quarter ended Jul 26, 2026), up 13.7% from $2.05 billion a year earlier.
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Analysis
Applied Materials (AMAT) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Applied Materials' Free Cash Flow came in at $5.62 billion as of Jul 26, 2026, down 3.4% year-over-year; for FY2025 (ended Oct 26, 2025), it was $5.7 billion, down 23.9% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- Across earlier fiscal years, Free Cash Flow came in at $7.49 billion in FY2024 (-1.4%), $7.59 billion in FY2023 (+64.7%), $4.61 billion in FY2022 (-3.4%) and $4.77 billion in FY2021 (+41.2%).
- The fiscal Q3 2026 figure is the highest quarterly Free Cash Flow since fiscal Q1 2022.
- On a year-over-year basis, Free Cash Flow rose in three of the last eight quarters, with growth averaging 1.3%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 893.7% in fiscal Q2 2023, against a decline of 80.2% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $210 million (Q2 2026), $1.04 billion (Q1 2026) and $2.04 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,576.54 Bn | 24,560.31 Bn | 43.99 Bn | 50.72 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 10,284.32 Bn | 9,899.31 Bn | 27.22 Bn | 24.78 Bn |
| 3 | Nvidia | 4,083.27 Bn | 3,857.43 Bn | 72.14 Bn | 21.40 Bn |
| 4 | Broadcom | 1,582.22 Bn | 1,508.26 Bn | 20.46 Bn | 15.21 Bn |
| 5 | Advanced Micro Devices | 844.94 Bn | 793.16 Bn | 7.21 Bn | 554.00 Mn |
| 6 | Micron Technology | 820.10 Bn | 725.74 Bn | 47.05 Bn | 32.86 Bn |
| 7 | Asml Holding | 581.15 Bn | 536.84 Bn | 5.90 Bn | - |
| 8 | Intel | 308.67 Bn | 171.38 Bn | 7.10 Bn | 1.06 Bn |
| 9 | Applied Materials | 295.64 Bn | 261.08 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Lam Research | 277.80 Bn | 253.85 Bn | 4.30 Bn | 3.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 2.33 Bn |
| Apr 26, 2026 | 210.00 Mn |
| Jan 25, 2026 | 1.04 Bn |
| Oct 26, 2025 | 2.04 Bn |
| Jul 27, 2025 | 2.05 Bn |
| Apr 27, 2025 | 1.06 Bn |
| Dec 31, 2024 | 9.87 Bn |
| Oct 27, 2024 | 2.17 Bn |
| Jul 28, 2024 | 2.09 Bn |
| Apr 28, 2024 | 1.14 Bn |
| Jan 28, 2024 | 2.10 Bn |
| Oct 29, 2023 | 1.25 Bn |
| Jul 30, 2023 | 2.33 Bn |
| Apr 30, 2023 | 2.04 Bn |
| Jan 29, 2023 | 1.98 Bn |
| Oct 30, 2022 | 634.00 Mn |
| Jul 31, 2022 | 1.26 Bn |
| May 1, 2022 | 205.00 Mn |
| Jan 30, 2022 | 2.51 Bn |
| Oct 31, 2021 | 942.00 Mn |
API Access
Applied Materials Free Cash Flow 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=free-cash-flow&ticker=AMAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();