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 (AMAT) has 18 years of Work In Process data on file, last reported 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.
  • 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.
  • Average Work In Process over 5 years is $980.8 million, with a median of $962.5 million recorded in 2022.
  • Year-over-year, Work In Process soared 41.78% in 2022 and decreased 15.32% in 2024.
  • Applied Materials' Work In Process stood at $1.0 billion in 2022, then retreated by 3.11% to $997.0 million in 2023, then declined by 11.84% to $879.0 million in 2024, then grew by 3.98% to $914.0 million in 2025, then grew by 21.33% to $1.1 billion in 2026.
  • Business Quant data shows AMAT's Work In Process at $1.1 billion in Q2 2026, $951.0 million in Q1 2026, and $914.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 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