Operating

Change in Inventories

Applied Materials Change in Inventories increased by 289.0% to $319.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 105.8%, from $155.00M to $319.00M. Over 3 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a 6.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 21, 2026

How to read this metric

A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.

Detailed definition

This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...

Peer comparison

Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.

Metric ID: change_in_inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$128.00M$64.00M$192.00M$217.00M$483.00M$464.00M$426.00M$122.00M-$114.00M-$131.00M-$84.00M-$79.00M-$123.00M-$147.00M$80.00M$155.00M$151.00M$108.00M$82.00M$319.00M
QoQ Change-50.0%+200.0%+13.0%+122.6%-3.9%-8.2%-71.4%-193.4%-14.9%+35.9%+6.0%-55.7%-19.5%+154.4%+93.8%-2.6%-28.5%-24.1%+289.0%
YoY Change+277.3%+625.0%+121.9%-43.8%-123.6%-128.2%-119.7%-164.8%+6.1%-75.0%+201.3%+222.8%+173.5%+2.5%+105.8%
Range-$147.00M$483.00M
CAGR+21.2%
Avg YoY Growth+72.1%
Median YoY Growth+6.1%

Frequently Asked Questions

What is Applied Materials's change in inventories?
Applied Materials (AMAT) reported change in inventories of $319.00M in Q1 2026.
How has Applied Materials's change in inventories changed year-over-year?
Applied Materials's change in inventories increased by 105.8% year-over-year, from $155.00M to $319.00M.
What is the long-term trend for Applied Materials's change in inventories?
Over 3 years (2021 to 2025), Applied Materials's change in inventories has grown at a 6.8% compound annual growth rate (CAGR), from $405.00M to $494.00M.
What does change in inventories mean?
The change in the value of products and materials held in stock.