What is Applied Materials's accrued expenses?

Applied Materials (AMAT) reported accrued expenses of $966M in Q1 2026.

How has Applied Materials's accrued expenses changed year-over-year?

Applied Materials's accrued expenses increased by 3.9% year-over-year, from $930M to $966M.

What is the long-term trend for Applied Materials's accrued expenses?

Over 5 years (2020 to 2025), Applied Materials's accrued expenses has grown at a 21.7% compound annual growth rate (CAGR), from $457M to $1.22B.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

Applied Materials AMAT Accrued Expenses

Accrued Expenses at other companies

Onto InnovationONTO

$31.07M-18.8%

Lam ResearchLRCX

$2.08B+235%

CVD Equipment Corp.CVV

$1.04M-44.3%

Benchmark ElectronicsBHE

$97.28M+2.8%

Axcelis TechnologiesACLS

$16.66M+12.6%

KLA CorporationKLAC

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Other financials

Income statement

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Revenue$7.9B+11.4%

Gross profit$3.9B+13.3%

Operating income$2.5B+16.3%

Net income$2.8B+31.3%

EPS (diluted)$3.51+33.5%

Balance sheet

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Cash & equivalents$1.5B+4.0%

Total debt$7.3B+9.0%

Total equity$23.9B+26.1%

Total assets$40.3B+19.8%

Cash flow

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Operating cash flow$845.0M-46.2%

CapEx$635.0M+24.5%

Free cash flow$210.0M-80.2%

Valuation

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Market cap$425.76B+179%

Enterprise value$431.53B+173%

P/E50×+27.4×

P/S14.7×+9.2×

Profitability

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Gross margin49%+0.8pp

Operating margin28.6%-1.1pp

Net margin29.3%+5.3pp

FCF margin18.4%-2.5pp

Returns & leverage

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Return on equity39.7%+3.3pp

Debt / equity0.3×0.0×

Current ratio2.5×0.0×

Where this comes from

Reported directly by Applied Materials in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Applied Materials’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applied Materials's accrued expenses?: Applied Materials (AMAT) reported accrued expenses of $966M in Q1 2026.
How has Applied Materials's accrued expenses changed year-over-year?: Applied Materials's accrued expenses increased by 3.9% year-over-year, from $930M to $966M.
What is the long-term trend for Applied Materials's accrued expenses?: Over 5 years (2020 to 2025), Applied Materials's accrued expenses has grown at a 21.7% compound annual growth rate (CAGR), from $457M to $1.22B.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.