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

Applied Materials' (AMAT) quarterly Operating Expenses came in at $1.4 billion in Q2 2026, up 8.21% year-on-year from $1.3 billion in Q2 2025, and down 11.22% quarter-over-quarter from $1.6 billion in Q1 2026.

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

Applied Materials has disclosed Operating Expenses across 18 years of filings, most recently posting $1.4 billion for 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.
  • 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.
  • The 5-year median for Operating Expenses is $1.2 billion (2024), against an average of $1.3 billion.
  • Across the five-year window, Operating Expenses retreated 7.79% in 2022 and increased 21.42% in 2026, its largest moves.
  • Applied Materials' 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 declined 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 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn -
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 863.51 Mn
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 1.42 Bn
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 679.90 Mn
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 307.95 Mn
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 267.00 Mn
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 192.90 Mn
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 138.75 Mn
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 112.88 Mn
10 Formfactor 9.68 Bn 9.38 Bn 86.79 Mn 70.15 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