Applied Materials (AMAT) Inventory (2009 - 2026)
Applied Materials (AMAT) recorded Inventory of $6.56 billion in fiscal Q3 2026 (quarter ended Jul 26, 2026), up 13.0% from $5.81 billion a year earlier and up 3.5% from the prior quarter.
Applied Materials (AMAT) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 26, 2025), Applied Materials reported Inventory of $5.92 billion, up 9.1% from FY2024.
- Annual Inventory has a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Across earlier fiscal years, Inventory came in at $5.42 billion in FY2024 (-5.3%), $5.73 billion in FY2023 (-3.5%), $5.93 billion in FY2022 (+37.7%) and $4.31 billion in FY2021 (+10.4%).
- The fiscal Q3 2026 figure is the highest quarterly Inventory in data going back to fiscal Q3 2009.
- On a year-over-year basis, Inventory has increased for five consecutive quarters, with growth averaging 4.9% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 37.7% in fiscal Q4 2022, against a decline of 6.7% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $6.34 billion (Q2 2026), $6 billion (Q1 2026) and $5.92 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn | 31.58 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn | 12.20 Bn |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn | 4.52 Bn |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn | 8.57 Bn |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn | 8.47 Bn |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn | 13.30 Bn |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn | 12.49 Bn |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn | 4.28 Bn |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn | 6.56 Bn |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 6.56 Bn |
| Apr 26, 2026 | 6.34 Bn |
| Jan 25, 2026 | 6.00 Bn |
| Oct 26, 2025 | 5.92 Bn |
| Jul 27, 2025 | 5.81 Bn |
| Apr 27, 2025 | 5.66 Bn |
| Jan 26, 2025 | 5.50 Bn |
| Oct 27, 2024 | 5.42 Bn |
| Jul 28, 2024 | 5.57 Bn |
| Apr 28, 2024 | 5.69 Bn |
| Jan 28, 2024 | 5.65 Bn |
| Oct 29, 2023 | 5.73 Bn |
| Jul 30, 2023 | 5.81 Bn |
| Apr 30, 2023 | 5.94 Bn |
| Jan 29, 2023 | 6.05 Bn |
| Oct 30, 2022 | 5.93 Bn |
| Jul 31, 2022 | 5.51 Bn |
| May 1, 2022 | 5.01 Bn |
| Jan 30, 2022 | 4.53 Bn |
| Oct 31, 2021 | 4.31 Bn |
Applied Materials Inventory 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=inventory&ticker=AMAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();