Applied Materials (AMAT) Work In Process (2009 - 2026)
Applied Materials (AMAT) posted Work In Process of $1.1 billion for Q2 2026, up 16.61% sequentially from $951.0 million in Q1 2026, and up 22.0% YoY from $909.0 million in Q2 2025.
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.
- Quarterly Work In Process rose 22.0% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.1 billion (up 22.0% YoY) and the FY2025 annual result came in at $914.0 million, up 3.98% from the prior year.
- Work In Process advanced to $1.1 billion in Q2 2026 per AMAT's latest filing, from $951.0 million in the prior quarter.
- Over five years, Work In Process peaked at $1.1 billion in Q2 2026 and troughed 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.
- The sharpest annual moves came in 2022 and 2024: Work In Process jumped 41.78% in 2022, then fell 15.32% in 2024.
- Over 5 years, 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.
- According to Business Quant data, Work In Process over the past three periods registered $1.1 billion, $951.0 million, and $914.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 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 |