Applied Materials, Inc. (AMAT) balance sheet
NASDAQ · Technology · Semiconductors · 36,500 employees · CEO Gary E. Dickerson
- Price
- $390.09 -7.49%
- Market cap
- $310B
- Enterprise value
- $310B
- Last report
- Q3 '26 filed 2026-08-20
- Next report
- 2026-11-12 EPS est. $4.06
At the end of Q3 '26 Applied Materials, Inc. (AMAT) held $9.23B in cash and short-term investments against $7.35B of debt incl. leases. Total assets $43.5B, total liabilities $17.9B, shareholders' equity $25.6B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $6.13B | $6.85B | $7.09B | $8.29B | $8.02B | $6.26B | $6.17B | $5.38B | $7.24B | $7.22B | $6.3B | $7.04B | |
| Short-term investments | $737M | $638M | $472M | $815M | $1.45B | $1.95B | $578M | $1.63B | $1.33B | $1.29B | $1.94B | $2.2B | |
| Receivables | $5.44B | $5.01B | $5B | $5.02B | $5.35B | $6.05B | $6.24B | $5.83B | $5.33B | $4.98B | $6.37B | $7.69B | |
| Inventory | $5.73B | $5.65B | $5.69B | $5.57B | $5.42B | $5.5B | $5.66B | $5.81B | $5.92B | $6B | $6.34B | $6.56B | |
| Other current assets | $1.11B | $1.03B | $1.02B | $979M | $974M | $928M | $1.06B | $1.07B | $1.06B | $1.56B | $1.62B | $1.61B | |
| Current assets | $19.1B | $19.2B | $19.3B | $20.7B | $21.2B | $20.7B | $19.7B | $19.7B | $20.9B | $21B | $22.6B | $25.1B | |
| Property, plant & equipment (net) | $3.2B | $3.29B | $3.43B | $3.55B | $3.71B | $3.92B | $4.27B | $4.64B | $5.12B | $4.95B | $6.08B | $6.42B | |
| Long-term investments | $2.28B | $2.91B | $2.98B | $2.98B | $2.79B | $2.69B | $3.64B | $4.13B | $4.33B | $5.04B | $5.14B | $5.27B | |
| Goodwill | $3.73B | $3.73B | $3.73B | $3.73B | $3.73B | $3.77B | $3.75B | $3.75B | $3.71B | $3.71B | $3.82B | $3.87B | |
| Intangible assets | $294M | $283M | $273M | $262M | $249M | $237M | $249M | $238M | $226M | $215M | $330M | $315M | |
| Deferred tax assets | $1.73B | $1.79B | $1.93B | $2.11B | $2.39B | $1.72B | $1.72B | $1.29B | $1.23B | $2.76B | $1.05B | $1.11B | |
| Other non-current assets | $345M | $351M | $340M | $348M | $314M | $312M | $300M | $443M | $806M | -$69M | $1.3B | $1.45B | |
| Non-current assets | $11.6B | $12.4B | $12.7B | $13B | $13.2B | $12.6B | $13.9B | $14.5B | $15.4B | $16.6B | $17.7B | $18.4B | |
| Total assets | $30.7B | $31.5B | $31.9B | $33.6B | $34.4B | $33.3B | $33.6B | $34.2B | $36.3B | $37.6B | $40.3B | $43.5B | |
| Liabilities | |||||||||||||
| Accounts payable | $1.48B | $1.42B | $1.46B | $1.47B | $1.57B | $1.74B | $1.8B | $1.77B | $1.98B | $1.92B | $2.2B | $2.39B | |
| Accrued expenses | $1.02B | $940M | $987M | $978M | $1.19B | $636M | $844M | $1.13B | $1.13B | $1.32B | $1.15B | $1.3B | |
| Short-term debt | $286M | $100M | $99M | $99M | $800M | $799M | $799M | $800M | $100M | $100M | $1.2B | $1.3B | |
| Taxes payable | $347M | $419M | $435M | $439M | $670M | $635M | $321M | $330M | $356M | $507M | $704M | $880M | |
| Deferred revenue | $2.98B | $3.15B | $2.61B | $2.74B | $2.85B | $2.45B | $2.49B | $2.47B | $2.57B | $2.47B | $2.57B | $3.27B | |
| Other current liabilities | $1.33B | $601M | $788M | $995M | $1.44B | $1.4B | $1.67B | $1.11B | $1.39B | $766M | $989M | $1.24B | |
| Current liabilities | $7.37B | $7.08B | $6.88B | $7.23B | $8.47B | $7.74B | $8B | $7.88B | $8B | $7.75B | $9B | $10.4B | |
| Long-term debt | $5.46B | $5.46B | $5.46B | $6.16B | $5.46B | $5.46B | $5.46B | $5.46B | $6.46B | $6.45B | $5.26B | $5.25B | |
| Lease obligations (non-current) | $252M | $240M | $260M | $239M | $259M | $247M | $328M | $412M | $404M | $536M | $699M | $682M | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $880M | |
| Other non-current liabilities | $1.3B | $1.33B | $1.14B | $1.18B | $1.22B | $1.27B | $885M | $949M | $1.03B | $1.19B | $1.42B | $1.61B | |
| Non-current liabilities | $7.01B | $7.04B | $6.87B | $7.58B | $6.94B | $6.98B | $6.68B | $6.82B | $7.89B | $8.17B | $7.38B | $8.42B | |
| Total liabilities | $14.4B | $14.1B | $13.8B | $14.8B | $15.4B | $14.7B | $14.7B | $14.7B | $15.9B | $15.9B | $16.4B | $17.9B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | |
| Retained earnings | $43.7B | $45.5B | $46.9B | $48.2B | $49.7B | $50.5B | $52.3B | $53.7B | $55.2B | $56.9B | $59.3B | $61.4B | |
| Accumulated other comprehensive income | -$217M | -$166M | -$172M | -$146M | -$168M | -$143M | -$144M | -$102M | -$110M | -$110M | -$124M | -$165M | |
| Shareholders' equity | $16.3B | $17.4B | $18.2B | $18.8B | $19B | $18.6B | $19B | $19.5B | $20.4B | $21.7B | $23.9B | $25.6B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $6B | $5.99B | $6B | $6.67B | $6.61B | $6.59B | $6.67B | $6.76B | $7.05B | $7.19B | $7.27B | $7.35B | |
| Net debt (debt - cash) | -$133M | -$865M | -$1.09B | -$1.62B | -$1.42B | $324M | $501M | $1.38B | -$191M | -$28M | $967M | $309M | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $3.41B | $5.01B | $3.44B | $3.13B | $5.35B | $5B | $2B | $6.13B | $8.02B | $7.24B | |
| Short-term investments | $343M | $2.27B | $590M | $489M | $387M | $464M | $586M | $737M | $1.45B | $1.33B | |
| Receivables | $2.28B | $2.34B | $2.42B | $2.64B | $3.11B | $5.55B | $6.53B | $5.58B | $5.35B | $5.33B | |
| Inventory | $2.05B | $2.93B | $3.72B | $3.47B | $3.9B | $4.31B | $5.93B | $5.73B | $5.42B | $5.92B | |
| Other current assets | $275M | $374M | $431M | $473M | $616M | $200M | $422M | $976M | $974M | $1.06B | |
| Current assets | $8.35B | $12.9B | $10.6B | $10.2B | $13.4B | $16.1B | $15.9B | $19.1B | $21.2B | $20.9B | |
| Property, plant & equipment (net) | $937M | $1.07B | $1.41B | $1.53B | $1.86B | $2.23B | $2.7B | $3.2B | $3.71B | $5.12B | |
| Long-term investments | $929M | $1.14B | $1.57B | $1.7B | $1.54B | $2.06B | $1.98B | $2.28B | $2.79B | $4.33B | |
| Goodwill | $3.32B | $3.37B | $3.37B | $3.4B | $3.47B | $3.48B | $3.7B | $3.73B | $3.73B | $3.71B | |
| Intangible assets | $575M | $412M | $213M | $156M | $153M | $104M | $339M | $294M | $249M | $226M | |
| Deferred tax assets | $372M | $385M | $225M | $1.77B | $1.71B | $1.62B | $1.4B | $1.73B | $2.39B | $1.23B | |
| Other non-current assets | $89M | $132M | $260M | $276M | $260M | $229M | $691M | $345M | $314M | $806M | |
| Non-current assets | $6.22B | $6.51B | $7.04B | $8.83B | $8.98B | $9.72B | $10.8B | $11.6B | $13.2B | $15.4B | |
| Total assets | $14.6B | $19.4B | $17.6B | $19B | $22.4B | $25.8B | $26.7B | $30.7B | $34.4B | $36.3B | |
| Liabilities | |||||||||||
| Accounts payable | $813M | $945M | $996M | $958M | $1.12B | $1.47B | $1.76B | $1.48B | $1.57B | $1.98B | |
| Accrued expenses | $517M | $666M | $639M | $559M | $800M | $827M | $923M | $1.06B | $1.19B | $1.13B | |
| Short-term debt | $200M | $0 | $0 | $600M | $64M | $0 | $0 | $100M | $800M | $100M | |
| Taxes payable | $151M | $182M | $248M | $215M | $255M | $758M | $349M | $282M | $535M | $0 | |
| Deferred revenue | $905M | $1.28B | $1.2B | $1.34B | $1.32B | $2.08B | $3.14B | $2.98B | $2.85B | $2.57B | |
| Other current liabilities | $1.1B | $1.11B | $950M | $834M | $928M | $924M | $905M | $1.02B | $1.44B | $1.39B | |
| Current liabilities | $3.63B | $4.12B | $3.92B | $4.45B | $4.46B | $6.34B | $7.38B | $7.37B | $8.47B | $8B | |
| Long-term debt | $3.13B | $5.3B | $5.31B | $4.71B | $5.45B | $5.45B | $5.46B | $5.46B | $5.46B | $6.46B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $195M | $228M | $287M | $252M | $259M | $404M | |
| Deferred tax liabilities | $1M | $5M | $12M | $11M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $596M | $651M | $1.56B | $1.65B | $1.67B | $1.55B | $1.41B | $1.3B | $1.22B | $1.03B | |
| Non-current liabilities | $3.74B | $5.96B | $6.87B | $6.36B | $7.32B | $7.23B | $7.15B | $7.01B | $6.94B | $7.89B | |
| Total liabilities | $7.37B | $10.1B | $10.8B | $10.8B | $11.8B | $13.6B | $14.5B | $14.4B | $15.4B | $15.9B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $11M | $11M | $10M | $9M | $9M | $9M | $8M | $8M | $8M | $8M | |
| Retained earnings | $15.3B | $18.3B | $20.9B | $24.4B | $27.2B | $32.2B | $37.9B | $43.7B | $49.7B | $55.2B | |
| Accumulated other comprehensive income | -$115M | -$64M | -$125M | -$180M | -$299M | -$260M | -$202M | -$217M | -$168M | -$110M | |
| Shareholders' equity | $7.22B | $9.35B | $6.85B | $8.21B | $10.6B | $12.2B | $12.2B | $16.3B | $19B | $20.4B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $3.33B | $5.3B | $5.31B | $5.31B | $5.71B | $5.75B | $5.83B | $6B | $6.61B | $7.05B | |
| Net debt (debt - cash) | -$81M | $294M | $1.87B | $2.18B | $356M | $758M | $3.83B | -$133M | -$1.42B | -$191M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-26, 10-Q 2026-04-26, 10-Q 2026-01-25, 10-K 2025-10-26, 10-Q 2025-07-27, 10-Q 2025-04-27, 10-Q 2025-01-26, 10-K 2024-10-27, 10-Q 2024-07-28
Data as of 2026-11-01