Applied Materials (AMAT) Operating Expenses (2009 - 2026)
Applied Materials' (AMAT) quarterly Operating Expenses came in at $1.5 billion in Q3 2026, up 13.69% year-over-year from $1.3 billion in Q3 2025, and up 6.11% quarter-over-quarter from $1.4 billion in Q2 2026.
Analysis
Applied Materials (AMAT) Operating Expenses (2009 - 2026) Analysis & Trends
Applied Materials has disclosed Operating Expenses across 18 years of filings, most recently posting $1.5 billion for Q3 2026.
- In Q3 2026, Operating Expenses rose 13.69% year-over-year to $1.5 billion; the TTM figure through Jul 2026 stood at $6.1 billion (up 15.93% YoY), while the FY2025 annual figure was $5.5 billion, up 9.72% from the prior year.
- Operating Expenses came in at $1.5 billion for Q3 2026 at Applied Materials, up from $1.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q1 2026 to a low of $983.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $1.3 billion, with a median of $1.2 billion recorded in 2024.
- Year-over-year, Operating Expenses decreased 7.79% in 2022 and rose 21.42% in 2026.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then rose by 8.22% to $1.2 billion in 2023, then grew by 7.6% to $1.3 billion in 2024, then gained by 20.48% to $1.6 billion in 2025, then slipped by 2.7% to $1.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.5 billion in Q3 2026, $1.4 billion in Q2 2026, and $1.6 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 965.25 Mn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 1.51 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 690.50 Mn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 282.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 119.70 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 67.98 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 39.48 Mn |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 84.88 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 89.68 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 70.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 1.51 Bn |
| 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 |