Current Liabilities

Current portion of accrued product warranty

Applied Materials Current portion of accrued product warranty decreased by 0.9% to $326.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $370.00M to $326.00M. Over 5 years (FY 2020 to FY 2025), Current portion of accrued product warranty shows an upward trend with a 11.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 21, 2026

How to read this metric

An increase may signal concerns regarding product quality or a larger installed base, while a decrease suggests improved product reliability or lower expected claims.

Detailed definition

This represents the estimated cost of fulfilling warranty obligations for products sold that are expected to be settled...

Peer comparison

Common in heavy machinery and automotive sectors; highly dependent on product reliability and warranty terms.

Metric ID: current_liabilities_product_warranty_accrual_classified_current

Historical Data

21 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$216.00M$232.00M$242.00M$254.00M$262.00M$273.00M$286.00M$302.00M$310.00M$313.00M$332.00M$344.00M$346.00M$347.00M$364.00M$362.00M$370.00M$363.00M$346.00M$329.00M$326.00M
QoQ Change+7.4%+4.3%+5.0%+3.1%+4.2%+4.8%+5.6%+2.6%+1.0%+6.1%+3.6%+0.6%+0.3%+4.9%-0.5%+2.2%-1.9%-4.7%-4.9%-0.9%
YoY Change+21.3%+17.7%+18.2%+18.9%+18.3%+14.7%+16.1%+13.9%+11.6%+10.9%+9.6%+5.2%+6.9%+4.6%-4.9%-9.1%-11.9%
Range$216.00M$370.00M
CAGR+8.6%
Avg YoY Growth+9.5%
Median YoY Growth+11.6%
Current Streak4 quarters decline

Current portion of accrued product warranty at Other Companies

Frequently Asked Questions

What is Applied Materials's current portion of accrued product warranty?
Applied Materials (AMAT) reported current portion of accrued product warranty of $326.00M in Q1 2026.
How has Applied Materials's current portion of accrued product warranty changed year-over-year?
Applied Materials's current portion of accrued product warranty decreased by 11.9% year-over-year, from $370.00M to $326.00M.
What is the long-term trend for Applied Materials's current portion of accrued product warranty?
Over 5 years (2020 to 2025), Applied Materials's current portion of accrued product warranty has grown at a 11.5% compound annual growth rate (CAGR), from $201.00M to $346.00M.
What does current portion of accrued product warranty mean?
The estimated cost of warranty claims the company expects to pay out within the next year.