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| 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 |