Applied Materials (AMAT) Work In Process (2009 - 2026)

Applied Materials' (AMAT) quarterly Work In Process came in at $1.1 billion in Q2 2026, up 22.0% year-on-year from $909.0 million in Q2 2025, and up 16.61% quarter-over-quarter from $951.0 million in Q1 2026.

Applied Materials (AMAT) Work In Process (2009 - 2026) Analysis & Trends

Applied Materials has disclosed Work In Process across 18 years of filings, most recently posting $1.1 billion for Q2 2026.

  • Work In Process for Q2 2026 came in at $1.1 billion, up 22.0% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.1 billion (up 22.0% YoY), and the FY2025 annual result was $914.0 million, up 3.98% from the prior year.
  • Work In Process came in at $1.1 billion for Q2 2026 at Applied Materials, up from $951.0 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $1.1 billion in Q2 2026 to a low of $879.0 million in Q4 2024.
  • The 5-year median for Work In Process is $962.5 million (2022), against an average of $980.8 million.
  • Across the five-year window, Work In Process surged 41.78% in 2022 and dropped 15.32% in 2024, its largest moves.
  • Applied Materials' Work In Process stood at $1.0 billion in 2022, then dropped by 3.11% to $997.0 million in 2023, then decreased by 11.84% to $879.0 million in 2024, then gained by 3.98% to $914.0 million in 2025, then gained by 21.33% to $1.1 billion in 2026.
  • The last three Work In Process figures came in at $1.1 billion (Q2 2026), $951.0 million (Q1 2026), and $914.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Asml Holding 14,996,080.76 Bn 14,996,065.25 Bn 5.90 Bn
2 Lam Research 409.52 Bn 404.77 Bn 2.91 Bn
3 Applied Materials 389.06 Bn 382.32 Bn 3.95 Bn
4 Kla 280.01 Bn 275.05 Bn 2.09 Bn
5 Teradyne 57.58 Bn 57.34 Bn 780.95 Mn
6 Qnity Electronics 30.30 Bn 30.47 Bn 618.00 Mn
7 Entegris 20.39 Bn 19.94 Bn 380.80 Mn
8 Amkor Technology 17.53 Bn 15.72 Bn 239.03 Mn
9 Onto Innovation 13.62 Bn 12.97 Bn 146.39 Mn
10 Formfactor 9.34 Bn 9.04 Bn 86.79 Mn

Historic Data

Download Data
DateValue
Apr 26, 2026 1.11 Bn
Jan 25, 2026 951.00 Mn
Oct 26, 2025 914.00 Mn
Jul 27, 2025 925.00 Mn
Apr 27, 2025 909.00 Mn
Jan 26, 2025 935.00 Mn
Oct 27, 2024 879.00 Mn
Jul 28, 2024 945.00 Mn
Apr 28, 2024 901.00 Mn
Jan 28, 2024 931.00 Mn
Oct 29, 2023 997.00 Mn
Jul 30, 2023 989.00 Mn
Apr 30, 2023 1.06 Bn
Jan 29, 2023 1.09 Bn
Oct 30, 2022 1.03 Bn
Jul 31, 2022 1.09 Bn
May 1, 2022 1.02 Bn
Jan 30, 2022 974.00 Mn
Oct 31, 2021 873.00 Mn
Aug 1, 2021 846.00 Mn