Applied Materials AMAT
NASDAQ AMAT
$492.32 -3.89 (-0.78%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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