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

Applied Materials (AMAT) reported Work In Process of $1.1 billion for Q2 2026, up 22.0% YoY from $909.0 million in Q2 2025, and up 16.61% on a QoQ basis from $951.0 million in Q1 2026.

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

Applied Materials has reported Work In Process for 18 years, with the latest figure at $1.1 billion in 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.
  • The five-year high for Work In Process was $1.1 billion in Q2 2026, with the low at $879.0 million in Q4 2024.
  • A 5-year average of $980.8 million and a median of $962.5 million in 2022 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2022 — Work In Process jumped 41.78% — and 2024, when it fell 15.32%.
  • Applied Materials' Work In Process stood at $1.0 billion in 2022, then fell by 3.11% to $997.0 million in 2023, then dropped by 11.84% to $879.0 million in 2024, then climbed by 3.98% to $914.0 million in 2025, then climbed 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 636.08 Bn 620.57 Bn 5.90 Bn
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn
10 Formfactor 8.32 Bn 8.14 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