Applied Materials (AMAT) Work In Process (2009 - 2026)
Applied Materials' Work In Process was $1.19 billion in fiscal Q3 2026 (quarter ended Jul 26, 2026), up 28.8% from $925 million a year earlier and up 7.4% from the prior quarter.
Applied Materials (AMAT) Work In Process (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 26, 2025), Work In Process at Applied Materials came in at $914 million, up 4.0% from FY2024.
- Work In Process shows a five-year compound annual growth rate of 7.9% (FY2020 to FY2025).
- In earlier fiscal years, Work In Process was $879 million in FY2024 (-11.8%), $997 million in FY2023 (-3.1%), $1.03 billion in FY2022 (+17.9%) and $873 million in FY2021 (+39.9%).
- The fiscal Q3 2026 figure marks the highest quarterly Work In Process in data going back to fiscal Q4 2009.
- Compared with a year earlier, Work In Process has increased for four straight quarters, with growth averaging 5.5% over the last eight quarters.
- The best year-over-year quarter for Work In Process over five years was fiscal Q1 2022 (growth of 41.8%); the worst was fiscal Q2 2024 (a decline of 15.3%).
- Per Business Quant data, AMAT's Work In Process in the three fiscal quarters before Q3 2026 was $1.11 billion (Q2 2026), $951 million (Q1 2026) and $914 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 1.19 Bn |
| 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 |
Applied Materials Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=AMAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "AMAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();