Applied Materials (AMAT) Work In Process (2009 - 2026)
Applied Materials' (AMAT) quarterly Work In Process came in at $1.2 billion in Q3 2026, up 28.76% year-over-year from $925.0 million in Q3 2025, and up 7.39% quarter-over-quarter from $1.1 billion in Q2 2026.
Analysis
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 $1.2 billion for Q3 2026.
- In Q3 2026, Work In Process rose 28.76% year-over-year to $1.2 billion; the TTM figure through Jul 2026 stood at $1.2 billion (up 28.76% YoY), while the FY2025 annual figure was $914.0 million, up 3.98% from the prior year.
- Work In Process came in at $1.2 billion for Q3 2026 at Applied Materials, up from $1.1 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $1.2 billion in Q3 2026 to a low of $879.0 million in Q4 2024.
- Average Work In Process over 5 years is $991.9 million, with a median of $974.0 million recorded in 2022.
- Year-over-year, Work In Process soared 41.78% in 2022 and declined 15.32% in 2024.
- Over 5 years, 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 surged by 30.31% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $1.2 billion in Q3 2026, $1.1 billion in Q2 2026, and $951.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 1.19 Bn |
| 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 |