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| 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 |