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 has reported Operating Expenses for 18 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $1.6 billion in Q1 2026 and troughed 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.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses slipped 7.79% in 2022, then gained 21.42% in 2026.
- Over 5 years, 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.6 billion, and $1.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 965.25 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 690.50 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 356.81 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 298.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 209.30 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 119.70 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 67.98 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 |