Discontinued — last reported Q3 '14

Work in process

Current Assets

Applied Materials Work in process increased by 4.0% to $951.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $935.00M to $951.00M. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 7.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2009
Last reportedQ3 2014
Parent metricInventories

How to read this metric

An increase may signal production bottlenecks or scaling up, while a decrease suggests improved manufacturing throughput.

Detailed definition

This represents the value of goods that are currently in the manufacturing process but not yet completed. It reflects th...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: inv_work_in_progress

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$737.00M$846.00M$873.00M$974.00M$1.02B$1.09B$1.03B$1.09B$1.06B$989.00M$997.00M$931.00M$901.00M$945.00M$879.00M$935.00M$909.00M$925.00M$914.00M$951.00M
QoQ Change+14.8%+3.2%+11.6%+4.6%+7.0%-5.6%+6.3%-2.7%-7.0%+0.8%-6.6%-3.2%+4.9%-7.0%+6.4%-2.8%+1.8%-1.2%+4.0%
YoY Change+38.3%+28.8%+17.9%+12.3%+4.4%-9.3%-3.1%-14.9%-15.3%-4.4%-11.8%+0.4%+0.9%-2.1%+4.0%+1.7%
% of Inventories18.2%20.5%20.3%21.5%20.3%19.8%17.3%18.1%17.9%17.0%17.4%16.5%15.8%17.0%16.2%17.0%16.1%15.9%15.5%15.9%
Share Change+2.4pp-0.3pp+1.3pp-1.2pp-0.5pp-2.4pp+0.7pp-0.2pp-0.9pp+0.4pp-0.9pp-0.7pp+1.1pp-0.8pp+0.8pp-0.9pp-0.1pp-0.5pp+0.4pp
Range$737.00M$1.09B
CAGR+5.5%
Avg YoY Growth+3.0%
Median YoY Growth+0.7%

Frequently Asked Questions

What is Applied Materials's work in process?
Applied Materials (AMAT) reported work in process of $951.00M in Q1 2026.
How has Applied Materials's work in process changed year-over-year?
Applied Materials's work in process increased by 1.7% year-over-year, from $935.00M to $951.00M.
What is the long-term trend for Applied Materials's work in process?
Over 5 years (2020 to 2025), Applied Materials's work in process has grown at a 7.9% compound annual growth rate (CAGR), from $624.00M to $914.00M.
What does work in process mean?
The value of products currently being built but not yet finished.

Cookie Preferences

We use cookies for analytics. See our Privacy and Cookie Policy.