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Applied Materials AMAT Semiconductor Systems — D&A

Other segment segments

Applied Global Services
$16M+33.3%

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UCT
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$12.8M+0.8%
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$261K+1.2%

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:DepreciationAndAmortization.

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 semiconductor systems — D&A?
Applied Materials (AMAT) reported semiconductor systems — D&A of $101M in Q1 2026.
How has Applied Materials's semiconductor systems — D&A changed year-over-year?
Applied Materials's semiconductor systems — D&A increased by 38.4% year-over-year, from $73M to $101M.
What does semiconductor systems — D&A mean?
This represents the non-cash expense allocated to the Semiconductor Systems segment for the wear and tear of tangible assets and the expiration of intangible assets. It reflects the systematic allocation of costs for equipment and technology used in the manufacturing of wafer fabrication tools. Monitoring this helps investors understand the capital intensity and asset replacement cycle of the core semiconductor equipment business.