Applied Materials (AMAT) Operating Expenses (2009 - 2026)

Applied Materials (AMAT) posted Operating Expenses of $1.4 billion for Q2 2026, down 11.22% sequentially from $1.6 billion in Q1 2026, and up 8.21% YoY from $1.3 billion in Q2 2025.

Applied Materials (AMAT) Operating Expenses (2009 - 2026) Analysis & Trends

Applied Materials (AMAT) has 18 years of Operating Expenses data on file, last reported at $1.4 billion in Q2 2026.

  • Quarterly Operating Expenses rose 8.21% year-over-year to $1.4 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $5.9 billion (up 13.89% YoY) and the FY2025 annual result came in at $5.5 billion, up 9.72% from the prior year.
  • Operating Expenses declined to $1.4 billion in Q2 2026 per AMAT's latest filing, 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.
  • 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 declined 7.79% in 2022 and climbed 21.42% in 2026.
  • Applied Materials' Operating Expenses stood at $1.1 billion in 2022, then climbed by 8.22% to $1.2 billion in 2023, then gained by 7.6% to $1.3 billion in 2024, then grew by 20.48% to $1.6 billion in 2025, then decreased by 8.31% to $1.4 billion in 2026.
  • Business Quant data shows AMAT's Operating Expenses at $1.4 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.6 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 1.42 Bn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 863.51 Mn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 679.90 Mn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 307.95 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 267.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 192.90 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 138.75 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 70.15 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 71.06 Mn
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 81.14 Mn

Historic Data

Download Data
DateValue
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