Applied Materials AMAT
NASDAQ AMAT
$492.32 -3.89 (-0.78%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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