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
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