Applied Materials (AMAT) Operating Expenses (2009 - 2026)
Applied Materials (AMAT) reported Operating Expenses of $1.4 billion for Q2 2026, up 8.21% YoY from $1.3 billion in Q2 2025, and down 11.22% on a QoQ basis from $1.6 billion in Q1 2026.
Applied Materials (AMAT) Operating Expenses (2009 - 2026) Analysis & Trends
Applied Materials has reported Operating Expenses for 18 years, with the latest figure at $1.4 billion in Q2 2026.
- Operating Expenses for Q2 2026 came in at $1.4 billion, up 8.21% year-over-year; the trailing twelve-month figure through Apr 2026 was $5.9 billion (up 13.89% YoY), and the FY2025 annual result was $5.5 billion, up 9.72% from the prior year.
- Operating Expenses came in at $1.4 billion for Q2 2026 at Applied Materials, down from $1.6 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.6 billion in Q1 2026, with the low at $983.0 million in Q1 2022.
- A 5-year average of $1.3 billion and a median of $1.2 billion in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slipped 7.79% — and 2026, when it gained 21.42%.
- Applied Materials' Operating Expenses stood at $1.1 billion in 2022, then advanced by 8.22% to $1.2 billion in 2023, then rose by 7.6% to $1.3 billion in 2024, then climbed by 20.48% to $1.6 billion in 2025, then retreated by 8.31% to $1.4 billion in 2026.
- The last three Operating Expenses figures came in at $1.4 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.6 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (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 | 1.42 Bn |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 863.51 Mn |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 679.90 Mn |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 307.95 Mn |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 267.00 Mn |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 192.90 Mn |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 112.88 Mn |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Formfactor | 8.32 Bn | 8.14 Bn | 86.79 Mn | 70.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 1.42 Bn |
| Jan 25, 2026 | 1.60 Bn |
| Oct 26, 2025 | 1.55 Bn |
| Jul 27, 2025 | 1.33 Bn |
| Apr 27, 2025 | 1.32 Bn |
| Jan 26, 2025 | 1.32 Bn |
| Oct 27, 2024 | 1.29 Bn |
| Jul 28, 2024 | 1.26 Bn |
| Apr 28, 2024 | 1.24 Bn |
| Jan 28, 2024 | 1.24 Bn |
| Oct 29, 2023 | 1.20 Bn |
| Jul 30, 2023 | 1.17 Bn |
| Apr 30, 2023 | 1.18 Bn |
| Jan 29, 2023 | 1.18 Bn |
| Oct 30, 2022 | 1.11 Bn |
| Jul 31, 2022 | 1.08 Bn |
| May 1, 2022 | 1.03 Bn |
| Jan 30, 2022 | 983.00 Mn |
| Oct 31, 2021 | 931.00 Mn |
| Aug 1, 2021 | 954.00 Mn |