Applied Materials (AMAT) Free Cash Flow (2009 - 2026)
Applied Materials (AMAT) reported Free Cash Flow of $210.0 million for Q2 2026, down 80.21% YoY from $1.1 billion in Q2 2025, and down 79.81% on a QoQ basis from $1.0 billion in Q1 2026.
Applied Materials (AMAT) Free Cash Flow (2009 - 2026) Analysis & Trends
Applied Materials has reported Free Cash Flow for 18 years, with the latest figure at $210.0 million in Q2 2026.
- Free Cash Flow for Q2 2026 came in at $210.0 million, down 80.21% year-over-year; the trailing twelve-month figure through Apr 2026 was $5.3 billion (down 8.84% YoY), and the FY2025 annual result was $5.7 billion, down 23.89% from the prior year.
- Free Cash Flow came in at $210.0 million for Q2 2026 at Applied Materials, down from $1.0 billion in the prior quarter.
- The five-year high for Free Cash Flow was $2.5 billion in Q1 2022, with the low at $205.0 million in Q2 2022.
- A 5-year average of $1.5 billion and a median of $1.6 billion in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow jumped 893.66% — and 2026, when it slumped 80.21%.
- Applied Materials' Free Cash Flow stood at $634.0 million in 2022, then jumped by 96.53% to $1.2 billion in 2023, then jumped by 74.0% to $2.2 billion in 2024, then fell by 5.77% to $2.0 billion in 2025, then tumbled by 89.72% to $210.0 million in 2026.
- The last three Free Cash Flow figures came in at $210.0 million (Q2 2026), $1.0 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 636.08 Bn | 620.57 Bn | 5.90 Bn | - |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 210.00 Mn |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 506.41 Mn |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 622.26 Mn |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 259.70 Mn |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 13.00 Mn |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 164.40 Mn |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 22.74 Mn |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | -70.30 Mn |
| 10 | Formfactor | 8.32 Bn | 8.14 Bn | 86.79 Mn | 29.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 210.00 Mn |
| Apr 26, 2026 | 210.00 Mn |
| Jan 25, 2026 | 1.04 Bn |
| Jan 25, 2026 | 1.04 Bn |
| Oct 26, 2025 | 2.04 Bn |
| Oct 26, 2025 | 2.04 Bn |
| Jul 27, 2025 | 2.05 Bn |
| Jul 27, 2025 | 2.05 Bn |
| Apr 27, 2025 | 1.06 Bn |
| Apr 27, 2025 | 1.06 Bn |
| Jan 26, 2025 | 544.00 Mn |
| Jan 26, 2025 | 544.00 Mn |
| Oct 27, 2024 | 2.17 Bn |
| Oct 27, 2024 | 2.17 Bn |
| Jul 28, 2024 | 2.09 Bn |
| Jul 28, 2024 | 2.09 Bn |
| Apr 28, 2024 | 1.14 Bn |
| Apr 28, 2024 | 1.14 Bn |
| Jan 28, 2024 | 2.10 Bn |
| Jan 28, 2024 | 2.10 Bn |