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| Date | Value |
|---|---|
| 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 |