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
DateValue
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