Current Assets

Accounts Receivable

Applied Materials Accounts Receivable increased by 28.0% to $6.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $6.19B to $6.37B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 11.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026May 21, 2026

How to read this metric

Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...

Peer comparison

Standard metric for all companies with B2B or credit-based sales models.

Metric ID: accounts_receivable_net

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$3.38B$3.82B$4.95B$4.41B$4.88B$4.96B$6.07B$5.39B$5.52B$5.23B$5.17B$4.70B$4.78B$4.97B$5.23B$6.00B$6.19B$5.77B$5.19B$4.98B$6.37B
QoQ Change+13.2%+29.6%-11.1%+10.9%+1.5%+22.4%-11.3%+2.4%-5.2%-1.2%-9.0%+1.7%+4.0%+5.3%+14.6%+3.2%-6.7%-10.2%-4.0%+28.0%
YoY Change+44.7%+29.7%+22.5%+22.2%+13.0%+5.5%-14.9%-12.7%-13.4%-5.0%+1.3%+27.6%+29.5%+16.1%-0.9%-17.0%+3.0%
Range$3.38B$6.37B
CAGR+13.6%
Avg YoY Growth+8.9%
Median YoY Growth+5.5%

Business Segments — Semiconductor Systems

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24
Semiconductor Systems$3.89B$4.92B$3.94B$3.82B
Applied Global Services$922.00M$997.00M$1.11B$1.30B
Display$197.00M
Display and Adjacent Markets$207.00M$148.00M$184.00M
Total$4.95B$6.07B$5.17B$5.23B

Applied Global Services, Display, Display and Adjacent Markets, Semiconductor Systems were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Semiconductor Systems

View all
SegmentQ1 '26Q2 '26
Semiconductor Systems$3.69B$4.82B
Applied Global Services$1.20B$1.27B
Total$4.98B$6.37B

Frequently Asked Questions

What is Applied Materials's accounts receivable?
Applied Materials (AMAT) reported accounts receivable of $6.37B in Q1 2026.
How has Applied Materials's accounts receivable changed year-over-year?
Applied Materials's accounts receivable increased by 3.0% year-over-year, from $6.19B to $6.37B.
What is the long-term trend for Applied Materials's accounts receivable?
Over 5 years (2020 to 2025), Applied Materials's accounts receivable has grown at a 11.8% compound annual growth rate (CAGR), from $2.96B to $5.19B.
What does accounts receivable mean?
The net amount of money owed by customers after accounting for potential non-payments.